AMZN Amazon.com Inc
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Analysts Raise AMZN Price Targets, Forecast 24% AWS Growth and $7B Cost Savings
Amazon received substantial bullish support from analysts, with Oppenheimer raising its price target to $315 and KeyBanc raising theirs to $308, citing strong...
Amazon Seeks FCC Extension for Project Kuiper, Will Miss 2026 Satellite Deadline
Amazon requested an extension from the Federal Communications Commission (FCC) for Project Kuiper, acknowledging it will miss the July 30, 2026, deadline. The...
Amazon Reportedly Discussing Up to $50 Billion Strategic Investment in OpenAI
Amazon is reportedly in discussions to invest up to $50 billion in the artificial intelligence leader, OpenAI, signaling its accelerating commitment to the...
Amazon to Cut 16,000 More Corporate Jobs, Focusing on AI and Efficiency
Amazon announced it is cutting approximately 16,000 corporate positions globally. This marks the second major workforce reduction in three months. The move...
Amazon Initiates Layoffs of 14,000 Corporate Employees in Strategic Shift to AI
Amazon begins a new round of layoffs on January 28, 2026. The company will eliminate 14,000 to 15,000 corporate positions. The cuts impact Amazon Web Services...
Amazon to Pay Over $900M to Settle Lawsuit Alleging Flawed Return Policy
Amazon has agreed to a settlement valued at over $1 billion to resolve a class-action lawsuit filed in 2023. The lawsuit alleged that the company improperly...
Amazon Shares Rise as UPS Reduces Delivery Partnership
Amazon shares rose 1.7% in midday trading after UPS announced a major strategic divergence, planning to reduce its delivery volume for the e-commerce giant by...
Amazon Shutters All Physical Go and Fresh Stores in Major Grocery Strategy Shift
Amazon announced it is closing all of its physical Amazon Go and Amazon Fresh stores, a major pivot in its brick-and-mortar retail strategy. The decision...
Amazon.com in pre-market at $239.60 amid planned layoffs of 14,000-16,000 jobs
Amazon announced significant workforce reductions, planning to cut approximately 14,000 to 16,000 corporate positions starting January 27, 2026, as part of a...
Amazon.com Faces Reports of Massive AI-Focused Layoffs
Amazon.com is advancing massive layoffs targeting around 30,000 white-collar roles across multiple divisions (AWS, retail, Prime Video, and HR) as the company...
Amazon Secures Approval for Largest-Ever Hybrid Retail and Fulfillment Center in Chicago Suburbs
Amazon secured approval to build its largest-ever retail store, a 230,000-square-foot facility in Orland Park, Illinois, signaling a strategic move to capture...
Amazon to Reportedly Initiate New Round of Thousands of Corporate Layoffs Next Week
Amazon is preparing for another significant round of corporate job cuts. The layoffs are expected to commence as early as next week. This action is part of an...
Amazon Overhauls Logistics Network to Compete with Walmart in Groceries
Amazon is launching a major strategic overhaul of its retail network, adopting traditional logistics models to better compete with Walmart for grocery...
Citi Reiterates 'Buy' on Amazon, Sets $320 Price Target on AWS and AI Strength
Citi analyst Ronald Josey reiterated a "Buy" rating on Amazon.com Inc. on January 22, 2026. He set a bullish $320 price target. Confidence stems largely from...
Amazon One Medical Launches Agentic AI Assistant for Personalized Health Services
Amazon deepened its push into healthcare by launching the agentic Health AI assistant within its One Medical app on January 21. This new feature leverages...
Blue Origin Unveils TeraWave Satellite Network to Rival SpaceX
Blue Origin, the aerospace company founded by Jeff Bezos, has announced a new satellite internet network named TeraWave. The network is designed to serve...
Amazon CEO Andy Jassy Warns Tariffs Are Driving Up Product Prices
Amazon CEO Andy Jassy stated that U.S. tariffs are beginning to cause price increases for products on its platform. Speaking at the World Economic Forum in...
Amazon.com Inc stock declines with broader market amid Trump tariff threats
Amazon (AMZN) shares dropped 2.18% intraday, trading at $233.91, as the tech sector reacted negatively to broader market risk-off sentiment stemming from...
Amazon Launches AWS European Sovereign Cloud and Expands Quick Commerce in London
Amazon Web Services (AWS) launched its European Sovereign Cloud. The independent cloud aims to meet stringent EU regulatory and data sovereignty...
Amazon Projected to Become First U.S. Company with $1 Trillion Annual Revenue by 2028, Driven by AWS and AI Investment
Financial analysts at 24/7 Wall St. project that Amazon will become the first U.S. company to achieve $1 trillion in annual revenue by 2028, driven primarily...