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Amazon is closing all its Amazon Go and Fresh stores, shifting focus to expand its Whole Foods Market and online grocery delivery. This move indicates a strategic pivot in its grocery business, aiming for efficiency and better customer experience. As Amazon consolidates its retail efforts, it could reshape its market presence in the grocery sector.
Latest News
| Title | Published |
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Layoffs are piling up, heightening worker anxiety. Here are some of the biggest job cuts recently As layoffs pile up, workers are feeling increasingly anxious about the job market. Hiring has stagnated overall — with the country adding a meager 50,000 jobs last month, down from a revised figure of 56,000 in November. Employers have initiated layoffs across sectors — with many pointing to rising operational costs that span from President Donald Trump’s barrage of new tariffs, stubborn inflation and shifts in spending from consumers, whose outlook on the U.S. economy recently plummeted to its lowest level since 2014. | about 5 hours ago |
Stock Market Today, Jan. 27: Dow Sinks As UnitedHealth Plummets, Tech Stocks Boost S&P 500 and Nasdaq UnitedHealth’s earnings stumble sent healthcare reeling and left the Dow out of step with tech-fueled records, today, Jan. 27, 2026. | about 6 hours ago |
118-year-old shipping giant announces massive layoffs United Parcel Service (UPS) announced its fourth quarter earnings report on Tuesday, Jan 27, before the market opened. But it was a double-edged surprise underscoring that a revenue beat can also come with a high cost: a massive secondary wave of 30,000 job cuts in operational roles in 2026 as part ... | about 6 hours ago |
AI Processor Market Poised to Soar to US$ 323.8 Billion by 2033 | Astute Analytica The global AI processor market is experiencing explosive growth, driven by intense demand for generative AI, high-performance GPUs, and edge computing. Key players include NVIDIA (dominating with H200/B200), alongside Amazon (AWS Trainium), Google (TPUs), and Qualcomm.Chicago, Jan. 28, 2026 (GLOBE NEWSWIRE) -- According to recent data from Astute Analytica, the global AI processor market was valued at US$ 43.7 billion in 2024 and is projected to hit the market valuation of US$ 323.8 billion by 2 | about 6 hours ago |
What Amazon told employees about axing 16 000 jobs In an internal memo, Amazon explained it will cut about 16,000 corporate roles worldwide as part of one of the largest layoffs in its history. | about 6 hours ago |
Broadcom Set To Dominate Custom AI Chip Market With 60% Share By 2027, Counterpoint Says Counterpoint Research says the race to build custom AI silicon is accelerating, with hyperscalers scaling internal chips to meet surging demand. Hyperscalers Ramp Custom AI Chips Leading cloud and AI providers, including Alphabet Inc.’s (NASDAQ:GOOGL) Google; Amazon.com, Inc.’s (NASDAQ:AMZN) Amazon Web Services; Microsoft Corp (NASDAQ:MSFT); OpenAI; ByteDance and Apple Inc (NASDAQ:AAPL), are rapidly expanding deployments of AI server compute Application-Specific Integrated Circuit (ASIC) based s | about 6 hours ago |
Amazon Sends Premature Layoff Email as 14,000-Cut Restructuring Lingers This article first appeared on GuruFocus. Amazon.com Inc. (NASDAQ:AMZN) employees anticipating another round of job cuts were jolted late Tuesday after an internal email from senior vice president Colleen Aubrey surfaced earlier than intended, briefly scheduling a meeting titled Project Dawn. The message, later canceled, referenced impacted colleagues across the US, Canada and Costa Rica, and pointed to a separate note from human resources chief Beth Galetti that does not appear to have been sent. | about 6 hours ago |
Layoffs are piling up, heightening worker anxiety. Here are some of the biggest job cuts recently
As layoffs pile up, workers are feeling increasingly anxious about the job market. Hiring has stagnated overall — with the country adding a meager 50,000 jobs last month, down from a revised figure of 56,000 in November. Employers have initiated layoffs across sectors — with many pointing to rising operational costs that span from President Donald Trump’s barrage of new tariffs, stubborn inflation and shifts in spending from consumers, whose outlook on the U.S. economy recently plummeted to its lowest level since 2014.
Stock Market Today, Jan. 27: Dow Sinks As UnitedHealth Plummets, Tech Stocks Boost S&P 500 and Nasdaq
UnitedHealth’s earnings stumble sent healthcare reeling and left the Dow out of step with tech-fueled records, today, Jan. 27, 2026.
118-year-old shipping giant announces massive layoffs
United Parcel Service (UPS) announced its fourth quarter earnings report on Tuesday, Jan 27, before the market opened. But it was a double-edged surprise underscoring that a revenue beat can also come with a high cost: a massive secondary wave of 30,000 job cuts in operational roles in 2026 as part ...
AI Processor Market Poised to Soar to US$ 323.8 Billion by 2033 | Astute Analytica
The global AI processor market is experiencing explosive growth, driven by intense demand for generative AI, high-performance GPUs, and edge computing. Key players include NVIDIA (dominating with H200/B200), alongside Amazon (AWS Trainium), Google (TPUs), and Qualcomm.Chicago, Jan. 28, 2026 (GLOBE NEWSWIRE) -- According to recent data from Astute Analytica, the global AI processor market was valued at US$ 43.7 billion in 2024 and is projected to hit the market valuation of US$ 323.8 billion by 2
What Amazon told employees about axing 16 000 jobs
In an internal memo, Amazon explained it will cut about 16,000 corporate roles worldwide as part of one of the largest layoffs in its history.
Broadcom Set To Dominate Custom AI Chip Market With 60% Share By 2027, Counterpoint Says
Counterpoint Research says the race to build custom AI silicon is accelerating, with hyperscalers scaling internal chips to meet surging demand. Hyperscalers Ramp Custom AI Chips Leading cloud and AI providers, including Alphabet Inc.’s (NASDAQ:GOOGL) Google; Amazon.com, Inc.’s (NASDAQ:AMZN) Amazon Web Services; Microsoft Corp (NASDAQ:MSFT); OpenAI; ByteDance and Apple Inc (NASDAQ:AAPL), are rapidly expanding deployments of AI server compute Application-Specific Integrated Circuit (ASIC) based s
Amazon Sends Premature Layoff Email as 14,000-Cut Restructuring Lingers
This article first appeared on GuruFocus. Amazon.com Inc. (NASDAQ:AMZN) employees anticipating another round of job cuts were jolted late Tuesday after an internal email from senior vice president Colleen Aubrey surfaced earlier than intended, briefly scheduling a meeting titled Project Dawn. The message, later canceled, referenced impacted colleagues across the US, Canada and Costa Rica, and pointed to a separate note from human resources chief Beth Galetti that does not appear to have been sent.