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Amazon is closing its physical Amazon Go and Amazon Fresh stores
TechCrunch· 2026-01-27 16:21
RIP, Amazon convenience stores: gone and probably soon forgotten.Amazon announced on Tuesday that it will close its brick-and-mortar Amazon Go and Amazon Fresh stores and will instead expand its capacity for same-day grocery delivery, as well as its Whole Foods Market footprint. These stores were used to grow Amazon’s cashierless Just Walk Out technology, which tracks what items customers grab, allowing them to pay for their groceries without a more formal checkout process. The company is instead focusing ...
Nancy Pelosi Just Doubled Down on AI Again
Yahoo Finance· 2026-01-27 16:09
Core Insights - Nancy Pelosi is recognized as a highly successful stock trader in Congress, with significant investments in technology stocks, raising concerns about potential insider trading due to her official role [2][3] Group 1: Stock Trades and Investments - Pelosi's recent stock trade report revealed an increase in her investments in artificial intelligence (AI), with total transactions valued at approximately $69 million executed by her husband, Paul Pelosi [3][7] - Major sales included significant stakes in Apple, Nvidia, and Walt Disney, indicating a reduction in exposure to established tech and media holdings [4][5] - The sale of Apple shares was seen as a profit-taking move, while the decision to sell Nvidia was unexpected given its importance in AI workloads [5] Group 2: Option Exercises - Pelosi exercised options in major technology companies, including 50 call options for Amazon and Alphabet, each with a strike price of $150, resulting in transactions valued between $500,001 and $1,000,000 [6] - Additional option exercises included Vistra, which supplies power to AI data centers, and Tempus AI, which focuses on AI applications in precision medicine [7]
Amazon is shuttering its Fresh stores. It's the latest pivot for the company's yearslong supermarket bet.
Business Insider· 2026-01-27 16:08
Amazon is closing the supermarket chain that it spent nearly six years building from scratch. The tech and retail giant said it plans to close its Amazon Fresh stores "to prioritize investment in growth areas," in a company blog post on Tuesday. Amazon has around 60 Fresh stores in the US listed on its website.The company is also shuttering about 15 Amazon Go convenience stores, it said. "While we've seen encouraging signals in our Amazon-branded physical grocery stores, we haven't yet created a truly dis ...
Amazon to Shut Down All Amazon Go and Amazon Fresh Stores
WSJ· 2026-01-27 15:38
Group 1 - The e-commerce giant announced plans to convert some of its locations into Whole Foods Market stores [1]
退货后不给退款,亚马逊拿出10亿美元和解集体诉讼
Sou Hu Cai Jing· 2026-01-27 15:36
这项集体诉讼最初于 2023 年提起。诉状指出,尽管亚马逊宣传"免费、无忧退货",但实际上经常"未能为已退货商品发放退款,或对已退货客户重复扣 款"。诉讼还指控亚马逊明知客户并未察觉这些退货问题,导致消费者遭受"巨额不当经济损失"。去年,亚马逊已开始向声称未收到退货退款的客户发放退 款。 除上述赔偿外,亚马逊还同意投入 3.63 亿美元用于改进其退货及退款流程,但公司否认存在任何不当行为。原告律师在和解协议中写道:"和解金中的经济 补偿可能将为每位集体诉讼成员提供全额赔偿,外加利息。"目前,该和解方案仍待美国地区法院法官贾马尔 · 怀特黑德批准。 除这起和解案外,亚马逊还需支付 25 亿美元,以了结美国联邦贸易委员会(FTC)对其提起的诉讼,FTC 指控该公司欺骗数百万用户注册 Prime 会员,受 影响的客户现已可提交索赔申请。 IT之家 1 月 27 日消息,亚马逊正通过一项价值超过 10 亿美元(IT之家注:现汇率约合 69.65 亿元人民币)的拟议和解方案来解决有关其错误处理退货的索 赔。据路透社及彭博法律早些时候报道,该和解方案包括 6 亿美元退款,以及向受影响客户额外支付 3.095 亿美元。 ...
Amazon converting Fresh supermarkets, Go stores to Whole Foods locations
CNBC· 2026-01-27 15:16
Core Insights - Amazon plans to close its Fresh and Go brick-and-mortar chains, marking a significant shift in its grocery strategy [1] - The decision follows a careful evaluation of the business and aims to better serve customers by converting some locations into Whole Foods Market stores [1] Investment Strategy - The closures are part of Amazon's effort to prioritize investments in other areas, indicating a strategic realignment within its grocery segment [2] - The company still intends to introduce other brick-and-mortar concepts, including a "mass physical store format" [2]
Amazon to expand same-day delivery, close some stores in Whole Foods expansion push
Reuters· 2026-01-27 15:07
Amazon said on Tuesday it would expand its same-day delivery service to more U.S. cities this year while closing some of its Amazon Go and Amazon Fresh physical locations to convert them into Whole Fo... ...
Here's Why Feb. 5 Could Be a Big Day for Amazon Investors
Yahoo Finance· 2026-01-27 15:05
Core Insights - Amazon's stock has only gained 2% over the past year despite significant advancements in artificial intelligence (AI) that are driving growth across the organization [1] - The upcoming Q4 2025 operating results on February 5 are anticipated to provide insights into how AI is influencing Amazon's cloud computing and e-commerce sectors [2] Group 1: Cloud Computing - Amazon Web Services (AWS) is the largest cloud computing platform globally, attracting AI developers due to its advanced data centers and services [4] - AWS utilizes AI chips from suppliers like Nvidia and has developed its own chips, Trainium and Inferentia, with the latest Trainium2 chips offering up to 40% better price performance for AI model training [5] - AWS generated $93.1 billion in revenue during the first three quarters of 2025, an 18% increase from the previous year, with a $200 billion order backlog from developers awaiting new data center infrastructure [7] Group 2: Overall Company Performance - Amazon operates as a tech conglomerate with a strong presence in e-commerce, cloud computing, and streaming, with AI significantly enhancing profitability in these sectors [8]
Amazon closing all Amazon Fresh and Go stores to focus on Whole Foods and grocery delivery
GeekWire· 2026-01-27 15:01
Core Insights - The company has concluded that after a decade of experimentation and expansion, it was unable to identify a viable model for its Amazon-branded grocery and convenience stores [1] Company Summary - The company has been engaged in a long-term effort, spanning ten years, to develop its grocery and convenience store segment [1] - Despite extensive experimentation, the company has not succeeded in establishing a sustainable business model for its Amazon-branded stores [1]
NFLX, AMZN and AAPL Forecast – Major Tech Stocks Looking to Rally
FX Empire· 2026-01-27 14:51
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...