Tag Archives: Amazon

Amazon looks to hire 75,000, offers $17 an hour and $1K sign-on bonus

The New York Times They Haven’t Gotten a COVID Vaccine Yet. But They Aren’t ‘Hesitant’ Either. It had been weeks since Acy Grayson III, owner of Let It Shine, a home improvement outfit he runs out of his own home in the suburbs of Cleveland, had vowed to get a COVID vaccine. Appointments were available. But Grayson, who never knows how long a job will take or when a new one will come along, had found it hard to commit to a time and a place. The mass vaccination site where appointments… Source link

Read More »

Amazon founder Jeff Bezos named as secret owner of luxury $500m superyacht

Jeff and Lauren Sanchez (inset) and the Black Pearl (AFP via Getty Images and OceanCo) Jeff Bezos, the billionaire founder of Amazon, is finally set to join the gilded ranks of the haves and have-yachts. The world’s richest man has been named as the soon-to-be proud owner of one of the most expensive and extravagant superyachts ever built. At 127metres (420ft) the craft – known only by its project name Y721 – will be as long as the Great Pyramid at Giza is tall, and loaded with… Source link

Read More »

Amazon shares hit record high after blowout earnings results

Amazon (AMZN) shares reached a record intraday high after reporting first-quarter results and guidance that blew past expectations.  Shares of the e-commerce giant jumped as much as 2.4% to reach as high as 3,553.39 Friday morning in New York. The stock lost steam in afternoon trading, however, and ultimately ended lower by 0.1% to 3,467.42, or short of a record closing high.  The surge came after the company posted yet another quarter of ballooning sales and earnings, easily exceeding… Source link

Read More »

Amazon Q1 earnings top estimates, revenue up 44% year-over-year

Amazon (AMZN) reported better-than-expected first-quarter results on Thursday, with quarterly revenue surging past $100 billion again. Here’s what the company reported in its fiscal first-quarter results, compared to consensus estimates compiled by Bloomberg: Revenue increased 44% to $108.5 billion in the quarter versus $75.5 billion in the same quarter a year ago. During the first quarter, Amazon’s core online stores business saw its net sales grow 44% to $52.9 billion compared to $36.65… Source link

Read More »

Amazon stock is exciting for these two reasons: analyst

TipRanks Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs The S&P 500 is showing a 6-month gain of 24%. Stocks generally have been gainers as the coronavirus crisis recedes, economies reopen, and the Federal Reserve remains committed to low-rate regime. In this environment, it’s no wonder that many companies are considering going public through an IPO. The high-return environment we’re experiencing right now makes the IPO attractive as a way to not just raise capital… Source link

Read More »

Google, Amazon Spent Millions Lobbying Amid Bipartisan Scrutiny

Technology giants, including Alphabet Inc.’s Google and Amazon.com Inc., spent millions on lobbying in the first quarter of 2021 as they face heightened scrutiny from Democrats and Republicans over alleged anticompetitive practices. Google spent $2.7 million on federal lobbying in the three months ending March 31, according to disclosures filed with Congress. That’s a 49% increase from the same period a year earlier, and comes as the company has been steadily increasing its Washington… Source link

Read More »

PTAB Axes Patent Involved In Google, Amazon WDTX Suits

Law360 (April 22, 2021, 6:21 PM EDT) — The Patent Trial and Appeal Board has struck down several claims of a communications patent involved in parallel infringement litigation against Google and Amazon in the Western District of Texas, finding the claims obvious over prior art. In a 79-page decision issued Wednesday, the PTAB invalidated each of the challenged claims in Hammond Development International Inc.’s communications systems patent for being obvious due to three published… Source link

Read More »

Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts

Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link

Read More »