Latest News Updates From Spencer Soper

BusinessTechnologyLogistics

Online spending reaches $26.4B during Amazon Prime Day sale

Total spending for the period was up 9.3% from last year’s Prime Day sale, held in July, according to Adobe, which tracks visits to retail websites.

June 29, 2026
BusinessTechnologyLogisticsGlobal FreightPrivate

Amazon Prime Day Online Spending Beats Estimate on Day 1

Competitors such as Walmart and Target scheduled overlapping promotions, boosting traffic and shopping across the web.

June 24, 2026
GovernmentBusinessLogisticsGlobal FreightPrivate

Amazon Prime Day Spending Expected to Rise 9%

U.S. consumers will spend $26.3 billion online at Amazon and other retailers during the four-day sale, up 9% from last year’s event in July, according to Adobe.

June 22, 2026
BusinessTechnologyLogisticsGlobal FreightPrivate

Amazon Dethrones Walmart as World’s Biggest Company by Sales

Walmart, which had been the largest company by revenue for more than a decade, reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon earlier reported 2025 sales of $717 billion.

February 19, 2026
BusinessLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Plans Walmart-Style Big Box Store Near Chicago

Amazon is planning a 229,000-square-foot store selling groceries and general merchandise in the Chicago area, a fresh attempt at physical retail that borrows from stores like Walmart and Target.

January 9, 2026
BusinessTechnologyLogistics

Cyber Monday Remains Biggest Online Spending Day at $14.25B

Adobe said spending from Thanksgiving to Cyber Monday totaled $44.2 billion, up 7.7% from a year ago. Cyber Monday remains the biggest online spending day of the year at $14.25 billion.

December 2, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Launches New AI Shopping Tool in US for Indecisive

The Help Me Decide feature will appear at the top of a product detail page after shoppers have looked at several similar items. Those who tap the button will see a single product recommendation.

October 23, 2025
BusinessLogisticsPrivateGlobal Freight

Amazon Delivery Firms Are Bailing Amid Rising Costs

Amazon launched its Delivery Service Partner program in 2018, offering aspiring entrepreneurs an opportunity to run their own businesses. Today, some fear the best days are behind them.

October 20, 2025
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Revamps AI Agent for Online Sellers Hit by Trade War

The souped-up Seller Assistant is designed to predict demand and manage inventory in a holiday shopping season clouded by the trade war.

September 17, 2025
BusinessTechnologyLogisticsPrivateGlobal FreightTop 100Top 50

Amazon Projects Profit That Underwhelms on AI Race Expense

Amazon.com projected operating income in the current quarter that fell short of analysts’ estimates, worrying investors that the tech giant is spending too much to keep up in the AI arms race.

July 31, 2025

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