Tag: Amazon.com Inc
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Altman-Backed Nuclear Stock Doubles in Value on AI Power Demand
(Bloomberg) -- A developer of advanced nuclear systems backed by Sam Altman has more than doubled in value this week as investors rushed to...
TSMC Raises Revenue Outlook in Show of Confidence in AI Boom
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. raised its target for 2024 revenue growth after quarterly results beat estimates, allaying concerns about global chip demand...
Jeff Bezos-Led Amazon Almost Ran Out Of Cash 24 Years Ago. At $400B, It Is Now Projected To Have As Much Cash As Apple...
Jeff Bezos’ Amazon.com Inc. (NASDAQ:AMZN) once nearly ran out of cash 24 years ago, during the dot-com bubble crisis of 2000. It was once...
Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’
(Bloomberg) -- Amazon.com Inc. shares fell in premarket trading on Monday, following a rare analyst downgrade that cited concerns over margin trends into next...
Amazon CEO Andy Jassy Faces Employee Revolt Over Full-Time Return To Office Mandate, 73% Consider Quitting: Survey
Amazon.com Inc. (NASDAQ:AMZN) employees are contemplating leaving their jobs following CEO Andy Jassy’s new policy requiring a full-time return to the office.What Happened: A...