Market Overview - The US stock rally continues as investors await earnings reports from major tech companies, which will provide insights into the artificial intelligence sector [1] - The Federal Reserve's FOMC meeting is underway, with a rate decision expected soon, and attention on Chair Powell's comments regarding future monetary policy [2][3] Corporate Job Cuts - Amazon plans to cut approximately 14,000 jobs across various departments, including logistics and cloud computing, as part of a strategy to become a leaner organization [2][7] - Reports suggest that Amazon's layoffs could eventually affect up to 30,000 jobs, with CEO Andy Jassy indicating a workforce reduction due to increased AI utilization [3][6] - UPS also announced plans to reduce its workforce by about 34,000 positions, citing a significant strategic shift aimed at delivering long-term shareholder value [11][12] Earnings Reports - PayPal raised its full-year earnings guidance and announced a partnership with OpenAI to integrate its digital wallet into ChatGPT, contributing to a 9% increase in its shares [4][16][18] - United Health exceeded third-quarter earnings expectations and raised its outlook for the year, indicating a recovery in its business [4][37] - Skyworks is acquiring Corvo in a $22 billion deal to create a major supplier of radio frequency chips, aiming to capitalize on recovering smartphone demand [38] AI Developments - OpenAI has completed its recapitalization, with Microsoft acquiring a 27% stake in the nonprofit entity valued at approximately $135 billion, and a commitment to purchase $250 billion worth of Azure services [31][33][34] - The partnership between PayPal and OpenAI is part of a broader trend of companies integrating AI into their business models, with Adobe also announcing new AI capabilities [17][18] Market Sentiment - The top 10 stocks in the S&P 500 are showing dominance reminiscent of the dot-com era, raising concerns about market concentration and potential pullbacks [41][22] - Analysts are observing signs of fatigue in tech stocks, with expectations for a possible short-term pullback as earnings reports approach [20][21]

Core Insights - Amazon is cutting 14,000 corporate jobs as part of a strategic decision to align with CEO Andy Jassy's vision of operating the company "like the world's largest startup" [1][2] - Affected employees will receive full pay and benefits for 90 days, along with a severance package and transitional support [2][7] Employee Transition Support - Employees will have a non-working period during which they will continue to receive full pay and benefits [2][7] - The company will provide access to skills training and external job placement support [2][10] - Communication regarding the transition will be facilitated through meetings with HR representatives and access to internal resources [6][9]

Whales with a lot of money to spend have taken a noticeably bullish stance on Amazon.com.Looking at options history for Amazon.com (NASDAQ:AMZN) we detected 55 trades.If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 25% with bearish.From the overall spotted trades, 8 are puts, for a total amount of $430,587 and 47, calls, for a total amount of $2,576,114.Projected Price TargetsTaking into account the Volume and Open Int ...

Group 1 - Amazon is laying off employees at Audible as part of a broader plan to cut 14,000 corporate jobs [1][2] - The CEO of Audible, Bob Carrigan, indicated that affected employees have been notified and further organizational changes will follow to enhance focus and speed in critical growth areas [1][5] - Amazon's strategy aims to streamline operations in response to AI advancements, which are seen as transformative for the company [3][6] Group 2 - The specific number of roles affected at Audible has not been disclosed, and Amazon has not provided additional comments beyond a blog post announcing the cuts [2][3] - Organizational changes will involve shifting roles across various departments to improve collaboration and decision-making speed [5] - The company emphasizes its commitment to supporting impacted employees through HR resources and counseling services [4][6]

【导读】巨头大裁员！ 亚马逊人力体验与技术高级副总裁贝丝·加莱蒂周二在博客中表示："我们今天披露的精简举措，是我们 变得更强的一部分，旨在通过进一步减少层级、去除管理层次，并调整资源配置，确保我们投资最大押 注的业务。" 兄弟姐妹们，AI真的会让人类失业的，关注一下亚马逊大裁员的消息。 10月28日，亚马逊公司计划裁减约"14000"个企业岗位，首席执行官安迪·贾西数月前曾警告，人工智能 将缩减公司的员工规模。 这次裁员是亚马逊近两年来的第二轮大幅缩编。贾西在6月暗示，随着公司更多使用人工智能来完成原 先由人工处理的任务，员工人数可能会下降。这番言论在员工中引发恐慌，许多人涌入匿名在线聊天室 寻找有关潜在裁员的消息。 各行各业的商业领袖正日益探索的不仅是新的AI服务，还有如何利用该技术替代人工职能。据知情人 士透露，亚马逊的裁员将涉及从物流、支付到电子游戏以及云计算部门的岗位。 在贾西6月发表上述言论后不久，公司出现了收紧开支的迹象。知情人士称，亚马逊在夏季设定了更高 的自然流失目标，并未补充其企业物流和广告运营中的空缺岗位。 多家公司表示，部分企业由于更多依赖AI，它们可以在招聘更少员工的情况下仍实现营收增 ...

Big jobs cuts at the online retailer offer a glimpse into the future. ...

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Most Promising AI Stocks to Buy Right Now. On October 24, Wedbush analyst Scott Devitt lifted the price target on the company’s stock from $250 to $280, while maintaining a “Buy” rating on Amazon.com, Inc. (NASDAQ:AMZN)’s stock ahead of its Q3 earnings report. As per the analyst, the company’s long-term growth story is intact, thanks to a robust cloud backlog and significant investments in new data centers. Furthermore, the analyst highlighted the steady momentu ...

美股周二早盘，亚马逊(AMZN)小幅上涨0.2%。该公司昨日宣布重大组织架构调整，计划裁员约1.4万 人，以精简运营、聚焦重点领域。本次裁员最终规模可能达3万个岗位，被视为CEO安迪·贾西旨在减少 官僚主义、投资关键增长领域战略的延续。 来源：视频滚动新闻 ...

Market Performance - US stock markets reached historical highs, with the Nasdaq and S&P 500 indices both rising over 1% [1] - Major tech stocks, including Tesla, Google, and Nvidia, saw significant gains, with Tesla increasing by over 4% [1] - Chinese concept stocks also experienced a majority increase, particularly in the new energy sector, with Daqo New Energy rising over 14% [1][3] Sector Analysis - The US solar and new energy indices rose by 8.46% and 8.22%, respectively, indicating strong performance in the renewable energy sector [2] - The autonomous driving and new energy vehicle indices also showed positive growth, with increases of 3.33% and 3.12% [2] Commodity Market - Gold prices fell below the $4000 mark, with the latest spot price reported at $3986.28 per ounce, reflecting a decline of over 2% [5] - The Philadelphia Gold and Silver Index dropped nearly 4%, with several mining stocks declining over 5% [5] Market Sentiment - Analysts noted a decrease in safe-haven demand for gold, as investors shifted towards equities and high-yield assets [8] - There is a prevailing expectation that the Federal Reserve will lower interest rates by 25 basis points, which is seen as a factor contributing to the strength of the stock market [8]

This is something that the companies all across the board have been doing since the the pandemic era, what they call over hiring. A lot of these companies saw the growth in how people were relying on tech during the pandemic when they were home. They were obviously ordering a lot more from Amazon because they didn't want to go to the grocery store if they were at home workers and the company hired to accommodate that.And now they don't need as many people. But, you know, I heard your earlier point, Carol, a ...