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Amazon's Outlook Disappoints As Customer Budgets Stay Tight

Amazon.com Inc said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consu...

Is Amazon's Job Cuts Announcement A Nail In The Coffin For Amazon Fresh?

This week's announcement by Amazon that it was to shed its workforce by more than 18,000 – its biggest ever job cut – caused no short...

Amazon Sees Resilient Consumer Demand, Expects Third-Quarter Sales Gain

Amazon.com has said that it expects a jump in third-quarter revenue, as the retailer collects bigger fees from Prime loyalty subscriptions and as consumer...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

Amazon Posts Record Profits As Shoppers Move Increasingly Online

Amazon.com has posted record profits, indicating that converts to online shopping during the pandemic, particularly for groceries, are not likely to leave....

Amazon Posts Biggest Profit Ever At Height Of Pandemic In US

Amazon.com Inc has posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged duri...

Amazon Sees Possible Q2 Loss As It Forecasts €3.7bn In COVID-19-Related Costs

Amazon.com has said that it may be set to post its first quarterly loss in five years even as revenue surges because it is spending at least €3.7 bill...

Amazon Holiday Sales Jump As One-Day Shipping Pays Dividends

Amazon.com Inc has posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership...

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Online Retailer Amazon Sees Sales Rise 39% In Second Quarter

Amazon's First-Quarter Revenue Surges By More Than Two-Fifths

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