Amazon.com, Inc. (AMZN)

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$244.68
$6.26 (+2.63%)
Previous Close: $238.42
52-Week Range
85% from low
$220.99$248.94

AI Insights

Amazon is reportedly planning another round of layoffs, potentially eliminating around 30,000 white-collar jobs, which highlights ongoing cost-cutting measures amid slower growth. This move could impact employee morale and investor sentiment as the company navigates a challenging market landscape. The focus on job cuts suggests Amazon is prioritizing efficiency as it prepares for future growth, especially with significant investments in AI on the horizon.

Updated about 17 hours ago

Latest News

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about 4 hours ago

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about 6 hours ago

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about 6 hours ago

Tech stocks strong but earnings may add volatility, says market expert

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about 6 hours ago

Amazon Fresh and Go stores may soon turn into Whole Foods in Illinois

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about 6 hours ago