The increased investment in Cloud Computing Service and the frequent bullish RTO policies have led several Analysts to be bullish on Amazon.
Recently, Amazon made significant moves in Cloud Computing Service, while multiple Institutions Analysts released Research Reports, upgrading their ratings and Target Prices.
The non-farm data unexpectedly exceeded expectations! Will the Federal Reserve only cut interest rates once this year?
Interest rate cut expectations are rapidly being reduced! The market is beginning to bet that the Federal Reserve may only cut rates once this year...
Amazon.com, Inc. (AMZN) Is Revolutionizing AI-Powered Ad Campaigns
The Stock Market Has One More Chance to Fight off the Bears
Meta and Amazon will stop diversity and inclusion measures and will no longer hire representatives from different groups.
Media reports quote internal memos from Meta (META.US) and Amazon (AMZN.US), stating that the company will stop its diversity and inclusion measures. Amazon's original goal was to double the number of Black employees in vice president and director positions by 2020, and then double that number again in 2021. Meta also retreated from its diversity initiatives on Friday, abandoning measures for diversity, equity, and inclusion. Meta stated it will cease considering qualified candidates from underrepresented groups for vacant positions, as well as its equity and inclusion training programs. However, this decision has caused concern among some Meta employees.
Amazon (AMZN.US) will terminate the Prime member "try before you buy" service.
Amazon (AMZN.US) is shutting down the Prime membership "Try Before You Buy" service, which allowed members to try on clothes, shoes, and accessories and only pay for the items they wanted to keep. According to a notice posted on the Amazon website, the service will end on January 31. The company stated that the "Try Before You Buy" service was only applicable to a limited selection of commodities, and with an increasing number of customers using new AI features such as virtual fitting, personalized size recommendations, and size charts to ensure they find the right size, the service is being discontinued.