WASHINGTON — Amazon.com Inc. founder Jeff Bezos and Chief Executive Andy Jassy can’t avoid testifying in an investigation related to the company’s Prime membership program, the Federal Trade Commission said late Wednesday. Amazon AMZN, -2.99% Read more
Tag: Amazon
Amazon hit with antitrust lawsuit from California, which claims seller rules are increasing consumer prices
California is suing Amazon.com Inc., claiming the e-commerce giant’s policies for those who sell on its platform have blocked competition and driven up prices for consumers, state Attorney General Rob Read more
Electronic Arts surges 14% on report of sale to Amazon
Shares of Electronic Arts Inc. EA, +1.59% soared 14% in premarket trading on Friday following reports that Amazon.com Inc. AMZN, +2.60% is planning to announce a deal to buy the Read more
Peloton stock rockets amid plans to sell bikes through Amazon
Shares of Peloton Interactive Inc. were shooting more than 8% higher in premarket trading Wednesday after the company reached an agreement to sell equipment and other products through Amazon.com Inc. Read more
Amazon to buy Roomba maker iRobot as ‘discount shopping’ spree continues
Just weeks after announcing its plans to buy the operator of One Medical health clinics, Amazon.com Inc. said it would be making another deal, this time for Roomba maker iRobot Read more
Opinion: Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain
After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and Read more
Amazon could make one improvement to help future earnings results, analyst says
Considering all the challenges retailers are currently facing, analysts say Amazon.com Inc.’s results were pretty good, but GlobalData suggests there is something the e-commerce giant can do to possibly give Read more
Amazon shares surge on Q2 sales beat as analysts highlight the strength of AWS, Prime and advertising
Amazon.com Inc. shares climbed more than 10% in premarket trading on Friday, boosted by the tech giant’s second-quarter sales beat and robust third-quarter guidance. Shares of Amazon.com Inc. AMZN, +11.97% Read more
Will Amazon and GrubHub take a bite out of Uber and DoorDash’s food-delivery dominance?
Amazon.com Inc. is jumping further into the food-delivery business by teaming up with Grubhub, just as some analysts say they see the pandemic-induced spike in that market slowing. So what Read more
Stock futures boosted by jumps for Apple and Amazon after earnings
U.S. stock futures rose on Friday after Wall Street welcomed Amazon and Apple earnings amid hopes for a slower pace of Fed tightening. How are stock-index futures trading S&P 500 Read more