e-commerce

Amazon, Inc. (NASDAQ:AMZN) was at the forefront of job cuts among the tech giants, eliminating manpower in droves. The company has now come up with a novel strategy to cut the flab. Amazon is offering U.S. shoppers $10 if they choose to pick up a purchase rather than opt for delivery at home,...

Shopify Inc (NYSE: SHOP) shares are in the spotlight Thursday after leaning out its business and Jim Cramer believes the e-commerce company is beating Amazon.com Inc (NASDAQ: AMZN) to the punch.  What To Know: Shopify reported better-than-expected financial results, announced...

Electric vehicle company Rivian Automotive Inc (NASDAQ:RIVN)’s Electric Delivery Vehicles (EDV) delivered over 75 million packages for e-commerce giant Amazon.com Inc (NASDAQ:AMZN). What Happened: Rivian EDVs are deployed in more than 500 cities and Amazon delivered over 75 million packages...

Major Wall Street indices registered gains last week led by strong technology earnings, overshadowing any concerns over weakness in the economy. Last week saw Amazon.com, Inc. (NASDAQ:AMZN) and Meta Platforms Inc (NASDAQ:META) report an upbeat set of earnings that beat consensus estimates. Prior to...

Amazon, Inc. (NASDAQ:AMZN) stock continues to bounce around the bottom and the first-quarter earnings did little to lift sentiment. What Happened: Seattle, Washington-based Amazon reported first-quarter sales and earnings per share that exceeded expectations. Investors, however, were worried about...

Amazon.com, Inc. (NASDAQ:AMZN) CFO Brian Olsavsky said during the first-quarter earnings conference call the company is working hard and making progress at improving operating margins to pre-pandemic levels but noted: “It's a longer road than bouncing back in one or two quarters.”...

Amazon.com, Inc. (NASDAQ: AMZN) started laying off staff in its cloud and PXT (People eXperience and Technology) divisions. What Happened: Amazon Web Services CEO Adam Selipsky and human resources head Beth Galetti sent memos about job cuts to employees on Wednesday,...

Tesla Inc (NASDAQ:TSLA) stock has lost over 11% in the last five trading days after chief Elon Musk indicated the EV-maker will continue cutting prices despite taking a hit on margins. Tesla’s operating margin fell 779 basis points to 11.4% during the first quarter compared to the same period...

Shares of mega-cap companies registered mixed performance last week with shares of Tesla Inc (NASDAQ:TSLA) and Amazon.com, Inc. (NASDAQ:AMZN) closing flat while Meta Platforms Inc (NASDAQ:META) stock recorded over 2% gains. As Tesla is scheduled to report its earnings this week, here's a look at...

Amazon.com, Inc (NASDAQ: AMZN) CEO Andy Jassy addressed the company's short-term headwinds, continued investment in growth areas, cost control measures and generative AI in his annual shareholder letter Thursday. Here’s a breakdown of what the CEO had to say. AWS...

Amazon.com, Inc (NASDAQ: AMZN) was popping up over 1% higher in the premarket on Wednesday, regaining the psychologically important $100 level after headline consumer price index data came in lower than expected. The move came in tandem with the general market, which saw S&P 500 futures...

Key Takeaways: PDD’s recently launched Temu cross-border e-commerce service has been accused of hosting malware to spy on users After the accusation came to light, a 100-member company team tasked with finding loopholes in the Android operating system was reportedly disbanded By Ken Lo It...

Jim Cramer sees more layoffs are on the horizon — and it could be bad news for anyone betting against Amazon.com Inc (NASDAQ: AMZN). What To Know: Meta Platforms Inc (NASDAQ: META) has deemed 2023 "the year of efficiency" and it's working out well for...

U.S. markets witnessed subdued performance last week dragged by a host of economic data that sparked fears of recession among investors and traders. On Friday, treasury yields rose the Labor Department reported the U.S. economy added 236,000 jobs in March, just shy of economist estimates of 240,000...

Technology stocks have traded mixed in the last month as a banking crisis unfolded in the U.S. following the collapse of Silicon Valley Bank. While Tesla Inc (NASDAQ:TSLA) has lost over 7% in the last month, Apple Inc (NASDAQ:AAPL) has gained over 6% and Amazon.com, Inc. (NASDAQ:AMZN) rose over 3...