Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...
Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to build enough data centers to handle demand for its artificial ...
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
Intel is currently being led by co-CEOs David Zinsner, who also serves as CFO, and Michelle Johnston Holthaus, who is also ...
Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever, ...
presenting a new foothold for organized labor within parent-company Amazon.com Inc. The workers voted 130-100 in favor of the union on Monday. Union advocates said they want higher wages ...
Cathie Wood, chief of Ark Investment Management, believes in tech stocks that will have a disruptive impact. She isn’t afraid to buy them on the way down — or up. Sometimes her strategy works: The ...
Madison Investments, an investment advisor, released its “Madison Mid Cap Fund” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.
OpenAI and Microsoft reportedly have evidence of DeepSeek using GPT data to train its own AI models. More details here.