UPS Launches Global Operating Model After Amazon Volume Reset
Companies

UPS Launches Global Operating Model After Amazon Volume Reset

The new structure and leadership changes aim to turn a lower-volume, automated network into profitable growth in healthc...

Declan Byrne 👁 4 💬 0
Amazon Raises Echo, Fire TV and Kindle Prices by Up to 60% on Memory Costs
Personal Finance

Amazon Raises Echo, Fire TV and Kindle Prices by Up to 60% on Memory Costs

Amazon has raised prices on Echo, Fire TV, Kindle and Eero devices, with the cheapest models hit hardest, citing higher ...

Shira Katz 👁 40 💬 0
Adweek's 12 Campaigns of the Week: Gap, Heinz, Amazon and a Star-Studded Push for Gen Z
Companies

Adweek's 12 Campaigns of the Week: Gap, Heinz, Amazon and a Star-Studded Push for Gen Z

A roundup of 12 campaigns shows brands leaning on creators, celebrities, product stunts and humor to reach younger consu...

Declan Byrne 👁 75 💬 0
Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk
Markets

Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk

Alphabet and Amazon leaned on mark-to-market gains from SpaceX and Anthropic for most of their quarterly profit, exposin...

Yael Ben-David 👁 71 💬 0
Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit
Markets

Big Tech's AI Bond Wave Is Repricing Canadian, Swiss and Sterling Credit

Alphabet and Amazon have become top issuers in smaller currency bond markets, pushing long-term borrowing costs higher a...

Yael Ben-David 👁 57 💬 0
Anthropic's Potential $2 Trillion IPO Would Shatter Wall Street Records
Companies

Anthropic's Potential $2 Trillion IPO Would Shatter Wall Street Records

Investors expect Anthropic, the maker of Claude, to seek at least a $2 trillion valuation in a possible October 2026 IPO...

Declan Byrne 👁 44 💬 0
Amazon Promotes ASCS as an End-to-End Supply Chain Service for Any Business
Logistics

Amazon Promotes ASCS as an End-to-End Supply Chain Service for Any Business

Amazon is opening its internal logistics network to all businesses through Amazon Supply Chain Services, but the webinar...

Eoin McCarthy 👁 33 💬 0
Amazon Confirms Massive Gas Plant for Texas Data Centers — Emissions Nearly 10% of France’s Annual CO2
Energy

Amazon Confirms Massive Gas Plant for Texas Data Centers — Emissions Nearly 10% of France’s Annual CO2

Amazon will build a 7.65 GW gas-fired power plant in Texas to directly supply its data centers, bypassing the grid. The ...

Aoife Keane 👁 39 💬 0
Why Walgreens Locked Up the Spam: Inside the $500 Billion Shoplifting Economy
Retail

Why Walgreens Locked Up the Spam: Inside the $500 Billion Shoplifting Economy

A deep look at how organized retail crime, driven by addiction and fueled by online marketplaces, has transformed the sh...

Orla Fitzpatrick 👁 36 💬 0
S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin
Markets

S&P 500 Earnings Shatter Records: Q2 Profit Surge 47%, Beating Forecasts by Historic Margin

Corporate America just posted its strongest profit growth on record outside the pandemic, fueled by AI, one-time valuati...

Yael Ben-David 👁 52 💬 0
Inside Amazon’s BFI4: How 3,500 Workers and Robots Move 1 Million Packages a Day
Logistics

Inside Amazon’s BFI4: How 3,500 Workers and Robots Move 1 Million Packages a Day

A tour of Amazon’s Kent, Washington, warehouse shows how Hercules robots, semi-automated workstations and smart packagin...

Eoin McCarthy 👁 46 💬 0
S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally
Markets

S&P 500 Q2 Earnings Track a 47% Growth Rate as AI Spending Extends the Rally

The S&P 500 is on pace for 47% year-on-year Q2 earnings growth, fueled by AI investment — though one-off gains at Alphab...

Yael Ben-David 👁 41 💬 0
Amazon's Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
Technology

Amazon's Zoox to launch paid robotaxi service in Las Vegas on Aug. 10

Amazon-owned Zoox will start charging fares for driverless rides in Las Vegas on Aug. 10, its first commercial robotaxi ...

Eitan Shapiro 👁 59 💬 0
Amazon Crosses $3 Trillion Market Value as Cloud Growth Answers AI Skeptics
Markets

Amazon Crosses $3 Trillion Market Value as Cloud Growth Answers AI Skeptics

Amazon became the fifth company ever to top $3 trillion in market value after quarterly results showed its cloud busines...

Yael Ben-David 👁 35 💬 0
Audible Taps In-House Team and Special US for Global 'Stories That Speak to You' Push
Companies

Audible Taps In-House Team and Special US for Global 'Stories That Speak to You' Push

Amazon-owned Audible's new 12-market campaign, built in-house with Special US, sells listening as a life-changing habit ...

Declan Byrne 👁 35 💬 0
Amazon's Zoox Cleared to Charge for Driverless Rides as US Safety Rules Catch Up
Automotive

Amazon's Zoox Cleared to Charge for Driverless Rides as US Safety Rules Catch Up

NHTSA has approved Amazon's Zoox to begin charging for rides in its steering-wheel-free robotaxis, while still-pending f...

Ronan Kavanagh 👁 29 💬 0
Amazon Crosses $3 Trillion Market Value, Fifth Company to Reach the Milestone
Markets

Amazon Crosses $3 Trillion Market Value, Fifth Company to Reach the Milestone

Amazon joined Nvidia, Alphabet, Microsoft and Apple in the $3 trillion club after its fastest AWS revenue growth since 2...

Yael Ben-David 👁 42 💬 0
DAX Eyes Record High as Amazon and Microsoft Ignite Global Tech Rally
Markets

DAX Eyes Record High as Amazon and Microsoft Ignite Global Tech Rally

Strong earnings from Amazon and Microsoft fuel a surge in U.S. and Asian markets, putting the DAX within reach of a reco...

Yael Ben-David 👁 38 💬 0
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
Companies

Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges

EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...

Declan Byrne 👁 37 💬 0
US Futures Surge as Amazon’s AI Cloud Strength Sparks Tech Rally; South Korea’s Kospi Leaps 17%
Markets

US Futures Surge as Amazon’s AI Cloud Strength Sparks Tech Rally; South Korea’s Kospi Leaps 17%

Amazon’s blowout cloud revenue reignites AI optimism, sending global tech shares soaring. South Korea’s Kospi jumps a hi...

Yael Ben-David 👁 34 💬 0
Amazon Pours $1B Into New Role That Embeds AI Engineers With Customers
Technology

Amazon Pours $1B Into New Role That Embeds AI Engineers With Customers

The tech giant’s AWS Forward Deployed Engineering team aims to build agentic AI systems in days, not months, as the once...

Eitan Shapiro 👁 41 💬 0
Forbes 2021 Billionaires List: $13.1 Trillion in Wealth, 660 New Members
News

Forbes 2021 Billionaires List: $13.1 Trillion in Wealth, 660 New Members

Billionaire wealth soared by $5 trillion in 2021 to a record $13.1 trillion, driven by stock market rallies, crypto boom...

👁 37 💬 0
Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts
Companies

Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts

Amazon Q2 profit surged to $62.65 billion and revenue rose 20%, but soaring memory chip prices pushed annual capex guida...

Declan Byrne 👁 42 💬 0
Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn
Companies

Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn

Amazon shares surged after Q2 revenue topped estimates and AWS growth accelerated to 37%. But free cash flow turned nega...

Declan Byrne 👁 88 💬 0
Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High
Companies

Amazon Beats Expectations as AI-Fueled AWS Growth Reaches 18-Quarter High

AWS revenue surged 37% to $42.2bn, lifting Amazon’s overall sales to $200.6bn. Strong AI demand and Anthropic stake boos...

Declan Byrne 👁 49 💬 0
Amazon Q2 Revenue Soars 20% on AI and Cloud; Capex Raised to $220 Billion
Technology

Amazon Q2 Revenue Soars 20% on AI and Cloud; Capex Raised to $220 Billion

Amazon beat second-quarter expectations with a 20% revenue surge to over $200 billion, powered by AWS growth of 37% and ...

Eitan Shapiro 👁 62 💬 0
AWS Doesn't Need the Best AI Model to Win, Says Amazon's Jassy
Companies

AWS Doesn't Need the Best AI Model to Win, Says Amazon's Jassy

Amazon Web Services reported a 37% revenue jump as AI demand grows. CEO Andy Jassy now says the race is about offering m...

Declan Byrne 👁 40 💬 0
Amazon’s AI Bet Delivers a Blowout Q2 as AWS Growth Hits 18-Quarter High
Companies

Amazon’s AI Bet Delivers a Blowout Q2 as AWS Growth Hits 18-Quarter High

Amazon’s Q2 net sales reached $200.6bn, operating income surged 43%, and AWS grew 37%—its fastest pace since 2021. The s...

Declan Byrne 👁 63 💬 0
AWS Smashes Q2 Estimates as AI Demand Fuels 37% Revenue Surge
Companies

AWS Smashes Q2 Estimates as AI Demand Fuels 37% Revenue Surge

Amazon shares jump 6% after hours as cloud unit’s blowout quarter signals AI investments are beginning to pay off, easin...

Declan Byrne 👁 35 💬 0
Amazon, Walmart AI Spots 'Made in USA' Fraud but Business Logic Keeps It Silent, Study Finds
Companies

Amazon, Walmart AI Spots 'Made in USA' Fraud but Business Logic Keeps It Silent, Study Finds

A Columbia Law School think tank run by ex-FTC chief Lina Khan reveals that Amazon's Alexa and Walmart's Sparky can dete...

Declan Byrne 👁 35 💬 0