Amazon

Amazon Stops Taking Game Pre-Orders – Twitter Users Throw a Tantrum

Amazon has stopped taking some game pre-orders as the online retailer prioritizes essential items. Popular titles such as PS4 exclusive Ghost of Tsushima are listed as unavailable. While Amazon has a good reason for this, some gamers are furious at the decision. On Twitter, the gaming deals account Cheap Ass Gamer revealed that Amazon US…

Amazon Stock Approaches Record High as Bezos Goes on Epic Hiring Spree

Amazon stock is within a whisker of its all time highs at $2,171.44. In an incredible show of dominance, Jeff Bezos is hiring an additional 75,000 workers on top of the 100,000-plus workers already committed. He’s also spending $500 million on pay raises. It’s no wonder AMZN stock has proven to be a haven for…

Pandemic-Proof Amazon Stock is Goldman’s Pick for 30% Surge in 12 Months

Goldman Sachs expects Amazon to weather the coronavirus pandemic. The online retailer is benefiting from the shelter-in-place orders. Its cloud services division is booming too. The coronavirus pandemic has decimated investor value running into the trillions. Worse, it’s still not clear when normalcy will return. Regardless of when lockdowns are lifted, investors are being advised…

Want to Work at Amazon? You’d Be Safer in Prison

Recent reports suggest that the injury rate at an Amazon warehouse in Texas is almost double the national incident rate. The incident rate in the Amazon warehouse in 2019 was 9.59, while the prison rate is 7.3. Crushed hands and feet, concussion, and electric shock are among the injuries suffered by staff at the Texas…

Amazon Flails at Trump, Lashes Out at Reporters in Total Meltdown

Amazon appears stressed to the point of rage and panic this week. While Jeff Bezos dumped billions in Amazon stock, the company filed suit against Trump over a $10 billion Pentagon cloud contract. And a senior vice president had a total meltdown on Twitter. He got into a petty flame war with reporters. Is Amazon…

Jeff Bezos Vs. Elon Musk: Amazon Could Be Tesla’s Black Swan

Amazon’s order of 100,000 electric delivery vans is the largest ever in the EV market. In a recent tour of India, Jeff Bezos announced 10,000 e-rickshaws. Why has Amazon completely ignored the world’s best-known EV brand – Tesla? Tesla’s (NASDAQ:TSLA) Elon Musk and Amazon’s (NASDAQ: AMZN) Jeff Bezos have always had a rivalry of sorts.…

Amazon & Twitch Team up to Give Prime Members 10 Free Games

Twitch is giving away 10 free games this January. Log in to the streaming platform and link your Amazon Prime account to grab them. Titles include Enter The Gungeon, Ape Out, Splasher, and more. As the Epic Games Store 12-day giveaway wraps up, another big name in the gaming world steps up to plate with…

Amazon (AMZN) Stock’s Profit Crash Hurts, But It Paves the Way for Next Surge

Despite third-quarter profits of Amazon.com, Inc (NASDAQ: AMZN) falling 26%, the online retail giant’s investment in faster shipping infrastructure is gearing up the stock for a future surge. To recap: The e-commerce giant’s net income fell from $2.9 billion to $2.1 billion year-over-year even as net sales rose 24% to $70 billion. This was primarily…