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Nvidia Leads Tech Rebound with 7% Gain; S&P surges as Amazon tumbles on big spend in 2026.

On Friday, U.S. stocks rallied early as technology shares recovered after more than a week of selloffs. The move followed a reassessment of AI...

Amazon Q4 earnings eyed for AI push, heavy capex bets could sway stock after report Feb5AM

Amazon (AMZN) will report fourth-quarter earnings after the bell on Thursday, February 5, with a strong focus on its AI initiatives and related spending....

Amazon slides after 16,000 layoffs, store closures; Bank of America trims AMZN target now.

On Thursday, Amazon said it will lay off 16,000 employees and close its remaining Fresh grocery stores and Go markets. Human Resources Chief Beth...

Amazon to close Fresh and Go stores, pivots to delivery and Whole Foods; AMZN stock rises!

Amazon said Tuesday it will close its physical Amazon Fresh and Amazon Go grocery stores to concentrate on delivery services and expand Whole Foods,...

Amazon to cut about 30,000 jobs next week; Jassy cites bloated culture, not AI or demand..

Amazon plans to cut about 30,000 jobs next week, reports say. They may start Tuesday, January 27, and will target retail, AWS, Prime Video,...

Amazon shares slide after Jassy warns US tariffs are pushing up prices on its platform -Q4

Shares in Amazon slid Tuesday after CEO Andy Jassy warned that U.S. tariffs are beginning to raise prices on the company’s site. Jassy made...

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