Tesla continues to make technology revolutionary.The stuff of science fiction is quickly becoming reality. Iconic electric vehicle maker Tesla (TSLA 0.99%) is now making AI-controlled humanoid robots that will be available for purchase by the public before the end of 2027. That's what Tesla CEO Elon Musk said at this year's World Economic Forum, anyway. Just bear in mind the larger-than-life founder has significantly understated developmental timelines before.On the other hand, he's also got a penchant for ...

Core Insights - Amazon mistakenly notified many Amazon Web Services (AWS) employees about upcoming layoffs through a commiseration email and a team-wide meeting scheduled for Wednesday morning [1] Group 1 - The notification about layoffs was sent out to AWS employees, indicating potential job cuts within the company [1] - The communication was characterized as a mistake, suggesting a lack of coordination in the company's internal messaging [1] - The incident highlights the ongoing challenges within the tech industry, particularly regarding workforce management and communication strategies [1]

Core Viewpoint - Amazon's stock performance is showing positive trends, with upcoming earnings expected to reflect growth in both EPS and revenue, indicating a favorable outlook for the company. Group 1: Stock Performance - Amazon's stock increased by 2.63% to $244.68, outperforming the S&P 500's daily gain of 0.41% [1] - Over the past month, Amazon's shares gained 2.74%, lagging behind the Retail-Wholesale sector's 4.12% increase but outperforming the S&P 500's 0.38% gain [1] Group 2: Earnings Expectations - Amazon's earnings report is scheduled for February 5, 2026, with an anticipated EPS of $1.97, representing a 5.91% increase year-over-year [2] - Revenue is expected to reach $211.51 billion, reflecting a 12.63% rise compared to the same quarter last year [2] Group 3: Full-Year Estimates - Zacks Consensus Estimates project Amazon's full-year earnings at $7.17 per share and revenue at $714.98 billion, indicating a year-over-year earnings growth of 29.66% and no change in revenue [3] - Recent analyst estimate revisions suggest a positive outlook on Amazon's business health and profitability [3] Group 4: Valuation Metrics - Amazon has a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 30.3, which is a premium compared to the industry average of 17.25 [5] - The PEG ratio for Amazon is currently 1.49, higher than the Internet - Commerce industry's average PEG ratio of 1.14 [6] Group 5: Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 188, placing it in the bottom 24% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

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On Monday, Amazon's chief merchant, John Farrell, announced in a LinkedIn post that he's leaving the company to "explore new challenges." Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant in the U.S. grocery market. In recent years, Amazon has expanded its selection of fresh food and grocery staples at same-day warehouses in the U.S., while testi ...

Core Viewpoint - Amazon has reached a settlement exceeding $1 billion to address claims regarding improper refunds for customer returns [1][2] Group 1: Settlement Details - The settlement includes over $600 million already distributed or soon to be paid in refunds to affected customers [1] - Amazon will contribute $309.5 million to a non-reversionary common fund for members of the class-action lawsuit [2] - The company has issued approximately $570 million in refunds, with about $34 million remaining to be refunded [2] Group 2: Non-Monetary Relief - Amazon has agreed to provide over $363 million in non-monetary relief to improve its return and refund processes [2] Group 3: Background of the Lawsuit - The lawsuit, initiated in 2023, claimed that Amazon caused "substantial unjustified monetary losses" for consumers who returned items but were still charged [3] Group 4: Company Response and Previous Settlements - Following an internal review in 2025, Amazon identified issues with a subset of returns where refunds were not properly issued [4] - Amazon previously settled a lawsuit with the FTC for $2.5 billion over allegations of misleading users regarding Prime subscriptions [4]

NEW YORK — Amazon said it’s closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new “supersized” store concept.The Seattle-based online retailer said Tuesday in a blog post that it plans to convert some of those soon-to-be shuttered locations into Whole Foods Market stores. The company operates 57 Amazon Fresh stores and 15 Amazon Go stores.Amazon announced it’s closing all of its Amazon Go and Amazon Fresh locations. AFP ...

Amazon is closing its Amazon Go and Amazon Fresh stores while adding more same-day grocery delivery services.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“While we’ve seen encouraging signals in our Amazon-brand ...

Core Viewpoint - Amazon.com, Inc. (AMZN) is considered an attractive investment option among hyperscalers due to the potential resilience of its retail business, which offers consumers value-oriented alternatives through its private label [1] Group 1: Investment Potential - The retail business of Amazon may provide rotational value-oriented alternatives to consumers, which could enhance its appeal as an investment [1] - Consumer sentiment remains subdued, influenced by inflationary pressures and rising fears, which may impact retail performance [1]

Core Insights - United Parcel Service (UPS) is a global leader in logistics and package delivery, competing with major players like FedEx and DHL in the air freight and cargo industry [1] Financial Performance - On January 27, 2026, UPS reported earnings per share (EPS) of $2.38, surpassing the estimated $2.22, marking an earnings surprise of 7.15%, although it declined from $2.75 per share reported in the same quarter the previous year [2][6] - UPS achieved a revenue of $24.5 billion, exceeding the estimated $24.01 billion by 1.95%, but fell short of the $25.3 billion recorded a year ago [3][6] - The company's consolidated operating profit for the fourth quarter of 2025 was $2.6 billion, with a non-GAAP adjusted consolidated operating profit of $2.9 billion, reflecting effective financial management despite total charges of $238 million [4] Strategic Outlook - UPS has projected an increase in revenue for 2026, driven by a strategic decision to reduce low-margin deliveries for its largest customer, Amazon, and focus on more lucrative, higher-paying shipments, which is expected to enhance profitability [5][6]