Analysts are betting that further market-share gains and increased profit contributions from Walmart鈥檚 higher-margin ancillary businesses will extend the stock鈥檚 rally.
December 18, 2024Amazon News Updates
Amazon Rejects Senate Report on Workplace Safety Standards
Amazon has long been a target of worker鈥檚 rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.
December 16, 2024Amazon Aims at Temu With Low-Priced Storefront Called Haul
Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.
November 13, 2024Trump-Musk Alliance May Boost Tesla, Reshape Big Tech
Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.
November 6, 2024Retailers Offer 鈥楻eturnless Refunds鈥 to Reduce Shipping Fees
Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.
November 4, 2024Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge
鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.
October 31, 2024Walmart Challenges Amazon With Prescription Delivery
Walmart Inc. will start delivering prescriptions to U.S. homes in as little as 30 minutes, a move that鈥檚 intended to grab a bigger slice of online spending and compete against Amazon.com Inc.
October 22, 2024Amazon, Google Make Dueling Nuclear Investments
Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.
October 16, 2024Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.
October 9, 2024Amazon, Target and Other Retailers Ramp Up Holiday Hiring
Retailers are ramping up hiring for the holiday season, but fewer seasonal employees are expected to be taken on this year to help customers in stores and assemble online orders in warehouses.
October 3, 2024