PYMNTS-MonitorEdge-May-2024

Amazon

Shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes and more. Amazon.com, Inc., is an American multinational technology company based in Seattle, Washington, that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies along with Google, Apple, and Facebook.

Source: amazon.com

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Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
Major Retailers Under Scrutiny After Amazon Forecasts Weak Sales
August 02, 2024  |  Retail

Analysts are reportedly awaiting earnings reports from major retailers with interest after Amazon’s latest results “sent a chill” through the sector. Amazon reported its results...

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Investors Increasingly Skeptical That AI Opportunities Outweigh High Costs
Investors Increasingly Skeptical That AI Opportunities Outweigh High Costs
August 02, 2024  |  Investments

Big Tech companies’ efforts around artificial intelligence (AI) are reportedly getting a largely negative reception on Wall Street. In the days since their most recent earnings reports, Amazon, Microsoft...

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Walmart and Amazon Step Up the Race for Digital Ad Spending
Walmart and Amazon Step Up the Race for Digital Ad Spending
August 02, 2024  |  Retail

As Walmart and Amazon look to boost their margins through digital media sales, the two retail giants are sweetening the deal for potential advertisers. The...

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Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
Amazon Q3 Hedge Supports Case for Cautious Consumer Spending
August 01, 2024  |  Amazon

While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like....

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AI Integration Drives Revenue Streams for Tech Giants
AI Integration Drives Revenue Streams for Tech Giants
July 31, 2024  |  artificial intelligence

Major technology companies are embedding artificial intelligence (AI) into their core products and services, creating new revenue opportunities and enhancing user experiences. Integrating AI across...

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Amazon Upgrades Checkout AI to Boost Third-Party Adoption
Amazon Upgrades Checkout AI to Boost Third-Party Adoption
July 31, 2024  |  Retail

As Amazon looks to license its Just Walk Out checkout system to more stores, the eCommerce giant is upgrading the artificial intelligence model to improve...

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Amazon Sees 30% Rise in Same-Day and Next-Day Delivery 
Amazon Sees 30% Rise in Same-Day and Next-Day Delivery 
July 30, 2024  |  Amazon

Amazon says it has seen a sharp rise in the speed of its Prime deliveries this year. The eCommerce giant announced Tuesday (July 30) that it made more...

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AI Ethics Tackles Issues Arising From Machines Making Decisions
AI Ethics Tackles Issues Arising From Machines Making Decisions
July 29, 2024  |  artificial intelligence

Imagine a world where machines make life-altering decisions about your health, your job prospects and even your freedom. That world isn’t science fiction — it’s...

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DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts
DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts
July 28, 2024  |  Delivery

DoorDash has reportedly hired an ex-Amazon executive to help its continued expansion beyond restaurant deliveries. Parisa Sadrzadeh, who has also worked as Flexport’s vice president...

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