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AMAZON RESULTS
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
Amazon announces second round of layoffs this month, cuts 250 jobs in devices unitAmazon has confirmed a new wave of layoffs, impacting approximately 250 workers within its devices division. Just weeks ago, the company cu...
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
Lula's extra time goal sends a signalLuiz Inacio Lula da Silva has returned as Brazilian president for a record fourth term after a competitive election. He must now address va...
Anthropic’s historic IPO filing: Will Anthropic (ANT) stock crash after IPO? Claude maker reportedly targets potential $2 trillion valuationAnthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential $2 trillion valuation, but its he...
US stocks face crucial test as AI earnings, Fed meeting loomUS stocks face a crucial week as earnings from Alphabet, Microsoft and Amazon coincide with the Federal Reserve’s policy decision. Investor...
Global Market: South Korean shares fall over 1% as AI trade concerns weigh; won strengthensSouth Korean shares fell as AI-related concerns weighed on sentiment ahead of major US technology earnings. The won strengthened against th...
Lula beats Trump-aligned Bolsonaro in Brazil Presidential election: What happens next for US ties and the AmazonIn a decisive victory, Luiz Inácio Lula da Silva has clinched the presidency of Brazil for the fourth time, signaling a potential shift in ...
US Stock Market prediction: S&P 500, Nasdaq, Dow Jones look to rebound as Wall Street investors set to be driven by a few factors, top stocks to followUS Stock Market today: Investors also have their focus trained on the US midterm elections on November 3, with growing bets that the Democr...
Wall Street Week Ahead: Earnings flood, Fed meeting will test rickety AI market rallyUS stock investors are on the edge of their seats as they anticipate quarterly earnings from tech giants like Alphabet, Microsoft, and Amaz...
Amazon cloud capacity sold out through 2027, CEO Jassy saysAmazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant ...
5 world market themes for the week aheadAn important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companie...
Nvidia’s rivals have built their own AI chips and now want to make the software switch easierNvidia faces competition as Amazon and Google introduce tools that allow minimal changes for chip switching. Amazon's TorchNeuron and Googl...
Amazon says its AI chips will work with popular coding language, challenging NvidiaAmazon has unveiled TorchNeuron, a revolutionary tool that enables PyTorch code to be executed seamlessly on its Trainium AI chips. This in...