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Amazon ignored internal warnings of warehouse injuries, Senate probe finds
Techxplore· 2024-12-17 12:05
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain For years, Amazon has faced accusations that the pressure the company puts on its warehouse workers to work more quickly has led to higher rates of injuries. Now, an investigation by a U.S. Senate committee led by Sen. Bernie Sanders, I-Vermont, has found that Amazon itself made the link betw ...
Should You Buy Amazon Stock Before 2025?
The Motley Fool· 2024-12-17 11:30
Amazon (AMZN 2.40%) boasts one of the best management teams in the world.*Stock prices used were the afternoon prices of Dec. 14, 2024. The video was published on Dec. 16, 2024. ...
Wall Street sets Amazon stock price for next 12 months
Finbold· 2024-12-16 16:06
One of the dominant names in tech today, Amazon (NASDAQ: AMZN) is a business that has become almost synonymous with wealth creation. The e-commerce behemoth has had a good year thus far — at press time, Amazon stock was trading at $229.44, with year-to-date (YTD) returns standing at 53.03%, after a 13.82% gain on the monthly price chart.AMZN stock price YTD chart. Source: FinboldOn October 31, the business held its Q3 2024 earnings call, marking its seventh consecutive beat in terms of earnings per share (E ...
AI picks 2 artificial intelligence stocks to outperform the S&P 500 in 2025
Finbold· 2024-12-16 15:41
The United States stock market has been on an extraordinary run, with the S&P 500 hitting an all-time high of 6,090.27 on December 6, 2024, after a 27.58% year-to-date surge. Historical data suggests that the rally may continue into 2025, as rate cuts from the Federal Reserve in September 2024 have preceded positive market performance. Analysts are projecting further gains for the index, with targets as high as 7,100.Amid this promising backdrop, Finbold turned to ChatGPT, OpenAI’s most advanced tool, to pi ...
Amazon Ignored Warnings About Speed Quotas Causing Worker Injuries, Senate Panel Says
Forbes· 2024-12-16 14:39
ToplineA Senate committee investigation found Amazon manipulated its warehouses’ injury data to make them appear safer than they are and ignored internal reports linking worker injuries to speed and productivity quotas—which the online retail giant has insisted it does not enforce.The report found that Amazon’s “speed and productivity requirements” increase injury risk for ... [+] workers.Copyright 2017 The Associated Press. All rights reserved. Key FactsA report published by the Senate Committee on Health, ...
2 Growth Stocks That Could Outperform the S&P 500 Through 2030
The Motley Fool· 2024-12-16 10:12
Investors looking for businesses that are well entrenched in their industries and can run circles around the popular market barometer, the S&P 500 (^GSPC -0.00%) index, are in the right place.The stock market has historically returned about 10% per year. If you want to beat the average stock, you should look for solid businesses that are growing earnings per share at above-average rates. Here are two growth stocks that outperformed the S&P 500 over the last five years and can do it again. 1. AmazonAmazon (A ...
AI发展前景乐观,贝索斯回归亚马逊
第一上海证券· 2024-12-16 07:41
亚马逊(AMZN) 更新报告 买入 2024 年 12 月 16 日 AI 发展前景乐观,贝索斯回归亚马逊 AWS 的 AI 业务已达到数十亿美元的规模,增速达到三位数,是 AWS 增速的 3 倍以上。在 2024 年的 AWS 大会上,公司发布了由 Trainium2 驱动的 Amazon EC2 Trn2 实例,比当前基于 GPU 的 EC2 实例的性价比 高出 30-40%,同时发布了首款采用 3nm 工艺的 Trainium3。苹果公司 表示,当前运用 AWS 芯片在推理工作负载方面已提效 40%以上,预计 在 Trainium 2 上预训练模型的效率将提高 50%。近期贝索斯表示回 归亚马逊的管理团队,专注于推动公司在 AI 领域的进一步突破。 电商业务受益于行业扩张,持续创新与成本管控:据 eMarketer 测 算,2024 年全球电商销售额将同比增长 8.4%至 6.09 万亿美元,未来 五年将保持高单位数增长。亚马逊作为中国以外电商市场的最大玩 家,将持续受益于电商行业的增长。近期美国消费需求具备韧性, Adobe 预计黑五期间电商销售额达到 108 亿美元,同比增长 10.2%。 由于亚马 ...
Amazon and the endangered future of the middle manager
CNBC· 2024-12-15 14:06
Morgan Stanley analysts suggested that Amazon could cut as many as 14,000 management positions , with the corporate efficiencies accounting for $2 billion-$4 billion in savings. Morgan Stanley's forecast was based on an assumption that Jassy made in the note that Amazon is targeting an increase in the ratio of individual contributors to managers "by at least 15% by the end of 1Q25, across all divisions."Over the past few years, layoffs have been as prominent as hiring in the tech sector. In 2022-2023, the s ...
How China's satellite megaprojects are challenging Elon Musk's Starlink
CNBC· 2024-12-15 13:00
China faces a tall order in its efforts to catch up to Elon Musk's SpaceX satellite service.SpaceX's Starlink already has nearly 7,000 operational satellites in orbit and serves around 5 million customers in more than 100 countries, according to SpaceX. The service is meant to offer high-speed internet to customers in remote and underserved areas.SpaceX hopes to expand its megaconstellation to as many as 42,000 satellites. China is aiming for a similar scale and hopes to have around 38,000 satellites across ...
Amazon's New Year Surprise: A $1 Billion Bet on Nuclear Power
The Motley Fool· 2024-12-14 12:07
Amazon will get first dibs on nuclear power produced in Washington State -- and a chance to build and sell its own nuclear power plants.When you hear the name Amazon.com (AMZN -0.66%), a couple of things probably pop to mind. E-commerce, first and most obviously -- after all, Amazon is the world's biggest e-commerce company -- and then cloud computing. At $90 billion in annual revenue, Amazon Web Services (AWS) is bigger than Microsoft's (NASDAQ: MSFT) Azure, and far larger than Google Cloud.One thing you a ...