Latest News Updates From Spencer Soper

BusinessTechnologyLogisticsGlobal FreightPrivate

Amazon Dethrones Walmart as World鈥檚 Biggest Company by Sales

Walmart, which had been the largest company by revenue for more than a decade, reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon earlier reported 2025 sales of $717 billion.

February 19, 2026
BusinessLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Plans Walmart-Style Big Box Store Near Chicago

Amazon is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from stores like Walmart and Target.

January 9, 2026
BusinessTechnologyLogistics

Cyber Monday Remains Biggest Online Spending Day at $14.25B

Adobe said spending from Thanksgiving to Cyber Monday totaled $44.2 billion, up 7.7% from a year ago.聽Cyber Monday remains the biggest online spending day of the year at $14.25 billion.

December 2, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Launches New AI Shopping Tool in US for Indecisive

The Help Me Decide feature will appear at the top of a product detail page after shoppers have looked at several similar items. Those who tap the button will see a single product recommendation.

October 23, 2025
BusinessLogisticsPrivateGlobal Freight

Amazon Delivery Firms Are Bailing Amid Rising Costs

Amazon launched its Delivery Service Partner program in 2018, offering aspiring entrepreneurs an opportunity to run their own businesses.聽Today, some fear the best days are behind them.

October 20, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Revamps AI Agent for Online Sellers Hit by Trade War

The souped-up Seller Assistant is designed to predict demand and manage inventory in a holiday shopping season clouded by the trade war.

September 17, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts鈥 estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025
BusinessTechnologyLogisticsTop 100

Longer Amazon Prime Day Sparks More Browsing, Fewer Buys

Momentum Commerce, which manages online sales for 50 brands in a variety of product categories and price points, said its Amazon sales plunged 41% year over year on July 8.

July 9, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Some Sellers Sit Out Amazon Prime Day Over Tariffs

Amazon鈥檚 Prime Day is slamming into President Donald Trump鈥檚 trade war, with ever-shifting tariffs prompting some brands to sit out the sale and some shoppers hinting they plan to pull back.

July 8, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman鈥檚 Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an 鈥渆xtremely attractive鈥 price.

May 23, 2025

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