Amazon.com Inc

Snowflake’s Frank Slootman to retire from CEO role, will remain board chair

Business
Jessica Roberts

(Bloomberg) — Snowflake Inc. is heading for its biggest decline on record after the software maker delivered a disappointing sales forecast and ...

Amazon to join Dow Jones Industrial Average next week

Business
Jessica Roberts

Last Updated: Feb. 20, 2024 at 5:52 p.m. ET First Published: Feb. 20, 2024 at 5:32 p.m. ET Amazon.com Inc. is set ...

Companies make 2024 the year of cost cuts

Business
Jessica Roberts

Mathisworks | Digitalvision Vectors | Getty Images Department store retailer Macy’s said it will close five of its namesake department stores and ...

Nvidia holdings disclosure pumps up shares of small AI companies

Business
Jessica Roberts

With the exception of Arm, which topped $130 billion in market cap recently, shares of the Nvidia-backed companies soared on Thursday following ...

Bezos Sells $4 Billion of Amazon Stock in Four Trading Days

Business
Jessica Roberts

(Bloomberg) — Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Most Read from ...

Investors in Airbnb arbitrage business allege they were defrauded

Business
Jessica Roberts

Agyeman claimed in marketing materials that his business, Hands-Free Automation, had “5-year exclusivity contracts” with thousands of property owners that gave it ...

Amazon’s stock just racked up its highest close in more than two years

Business
Jessica Roberts

Published: Feb. 9, 2024 at 5:26 p.m. ET Amazon.com Inc. shares continued their charge higher Friday, securing their highest close in more ...

Temu returns to Super Bowl 58 with new commercial

Business
Jessica Roberts

Jakub Porzycki | Nurphoto | Getty Images Last year’s advertisement touted Temu’s low prices and invited consumers to shop “like a billionaire.” ...

‘I Love Miami’ – Jeff Bezos Plans To Unload A Massive Amount Of Amazon Shares, But Moving To Florida Will Save Him $600 Million In Taxes

Business
Jessica Roberts

Jeff Bezos, the founder of Amazon.com Inc., has made the strategic decision to sell up to 50 million shares of Amazon stock, ...

Google Gemini AI launches in new app, subscription

Technology
Michael Johnson

Google’s rebrand and app offerings underline the company’s commitment to pursuing — and investing heavily in — AI assistants or agents, a ...