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For years now, Apple has been on a relentless push to become the first company to reach $1 trillion in market capitalization. The valuation crown would belong to the tech darling. Just a matter of time. Then came Amazon......»»

Amazon.com Inc on Tuesday briefly joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing......»»

Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»

This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»

The company reported net sales that were up 44% year over year. Amazon Web Services, its cloud business, also saw significant growth......»»

Foxconn Electronics (Hon Hai) has reported consolidated revenues climbed 44.5% on year to NT$1.34 trillion (US$47 billion) in the first quarter of 2021, which came within the company's guidance range......»»

The Biden admi.....»»

A green energy agenda from President Biden's administration should hel.....»»

After opening its massive fulfillment center in Garner last year, Amazon has signed the leases for two new delivery stations in the Triangle, one in Garner and the other in Raleigh. The company says the added presence will create hundreds of jobs......»»

When it comes to the "big five" tech giants, Jeff Bezos is one of the few founders that still holds the CEO title. That's changing later this year. Getty Images Jeff Be.....»»

In the 26 years he's run Amazon, founder and CEO Jeff Bezos has had some major, headline-making moments. Amazon founder Jeff Bezos. REUTERS/Clodagh Kilcoyne Jeff Bezos is stepping down as Amazon CEO in the third quarter of this year.....»»

"Google became a trillion dollar company last year. They can afford to treat us right," Shannon Wait, the suspen.....»»

Amazon.com Inc. founder and CEO Jeff Bezos will step down from his role as the company’s top executive later this year, Amazon said Tuesday. Bezos will stay on as the executive chairman of the company, which is building a massive second he.....»»

Global e-commerce sales were $4.28 trillion in 2020 with a 14.3% increase expected in 2021, according to eMarketer......»»

Seattle-based Amazon.com Inc. (Nasdaq: AMZN) has reached 80 percent of its hiring goal nationwide — and surpassed three-quarters of its Texas goal — but the company might have to postpone one of its busiest shopping events of the year. Amazon a.....»»

Amazon's inability to deliver household staples such as toilet paper and bleach to many customers has led the company to reduce sales of nonessential items and prioritize shipping to members of its $119 a year Prime service......»»

Amazon.com Inc. (NASDAQ: AMZN) employees working at its second headquarters could join the company's Seattle workers in chatting with their doctors through the company's mobile app, according to those in charge of public policy. Last year, the compa.....»»

Amazon.com Inc. came up just barely short of becoming tech’s newest trillion-dollar company for the second consecutive trading session Monday.....»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Amazon.com Inc. is on track to be tech’s newest trillion-dollar company, joining the four-comma club less than three weeks after Alphabet Inc. achieved the same lofty status.....»»