Amazon to cut up to 16,000 corporate jobs
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Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter.
Tsai Capital Corporation, an investment management firm, released its fourth quarter 2025 investor letter. A copy of the letter can be downloaded here. Tsai Capital Growth Equity Strategy gained 8.5% before fees and 7.
Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.
Amazon.com Inc. has reached a settlement, which plaintiffs counsel estimates to total $1 billion, in consumer fraud class action litigation targeting its return policy.
Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks in Focus on Wall Street. On January 27, Stifel analyst Mark Kelley raised the price target on the stock to $300.00 from $295.00 on Tuesday, while maintaining a Buy rating.
Amazon.com Inc. today announced a round of layoffs that will affect about 16,000 employees.