Amazon and Mercado Libre expected to benefit from Mexico tariffs
E-commerce giant Amazon and Mercado Libre could benefit from new tariffs on low-cost imports into Mexico versus Asian retailers such...
Amazon
PDD’s Temu app tops U.S. iOS downloads for the second year running, amid increased scrutiny of Chinese companies
Temu, a popular e-commerce app owned by China's PDD Holdings, topped Apple's list of the most downloaded free apps on...
Apple is betting on Amazon chips for its AI servers
Amazon's cloud unit unveiled new data center servers packed with its own AI chips on Tuesday, challenging Nvidia and Apple...
Amazon will invest another $4 billion in Anthropic, OpenAI’s main opponent
Amazon announced on Friday that it will invest an extra $4 billion in Anthropic, an artificial intelligence startup created by...
Amazon invests $110 billion pesos in Mexico; reaffirms its confidence in the country
Some marketing and sales professionals refer to the purchasing experience on this platform as the "Amazon effect." However, the corporation...
Similar to 2023, Amazon announces employing 250,000 workers for the holidays
Amazon said on Thursday that it will be hiring the same 250,000 shipping and warehousing workers that it did in...
Warriors sign Stephen Curry to a $62.6 million, one-year contract deal
The Golden State Warriors and NBA star Stephen Curry have agreed to a one-year, $62.6 million contract deal. Curry will...
Warren Buffett’s Berkshire Hathaway surpasses $1 trillion in market value
The investment guru Warren Buffett's conglomerate Berkshire Hathaway became the first non-tech U.S. corporation to reach the $1 trillion mark...
Amazon’s stock falls as less people shop online
After the business revealed a slowdown in the growth of online sales in the second quarter and stated that customers...
Back-to-school season helps Amazon’s Prime Day establish a record with $14.2 billion in online sales
During the 48-hour Amazon Prime Day event, customers at U.S. merchants spent a record $14.2 billion online, according to an...
