Amazon Profits, Revenue Surge in Q2
NEW YORK — Amazon on Aug. 3 posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.
August 3, 2023Amazon Fresh Offers Grocery Delivery to Non-Prime Members
Amazon has begun offering its Fresh grocery delivery service to customers who aren’t Prime members.
August 2, 2023Amazon to Double Number of Same-Day Delivery Facilities
Amazon.com Inc. will double the number of U.S. same-day delivery facilities in the “coming years,” the company announced July 31.
July 31, 2023United Rentals Profit Rises on Ahern Deal, Demand Tailwind
United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.
July 28, 2023Walmart Seen Gaining More Than 30% Over the Next Year
Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.
July 25, 2023Amazon to Roll Out Palm Payment Technology at Whole Foods
Customers at Amazon’s Whole Foods Market stores will soon be able to pay for their groceries with a wave of their hand.
July 21, 2023Amazon Says Its Carbon Emissions Fell for First Time
Amazon’s carbon emissions ticked lower for the first time since the company began reporting the figure, citing increased purchases of renewable electricity and a slowdown in sales growth.
July 18, 2023PepsiCo Lifts 2023 Profit Forecast as Q2 Revenue Up 10%
Higher prices lifted PepsiCo’s revenue in the second quarter but dented consumer demand, and the company said July 13 price increases could start to moderate in the second half of this year.
July 13, 2023Amazon Prime Day Drives All Online Sales Up 6.1%
U.S. shoppers spent $12.7 billion online during Amazon.com Inc.’s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.
July 13, 2023Amazon Prime Day Pushes Online Sales Up 6% in First 24 Hours
U.S. consumers spent $6.4 billion online in the first 24 hours of Amazon's Prime Day, according to Adobe Inc., up 6% from a year ago but short of estimates for even stronger growth.
July 12, 2023