Equities Close Mixed; Wall Street Posts Back-to-Back Weekly Losses
US equity benchmarks closed mixed Friday, with Intel (INTC) shares sliding in a post-earnings sell-o
| Ticker |
AMZN
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| CIK | 0001018724 |
| SIC | 5961 |
| Sector | Retail Trade |
| Industry Category | Retail |
| Industry Group | Retail – Non-Store Retailers (Catalogs, Etc.) |
| Address | 410 TERRY AVENUE NORTH, SEATTLE, WA, 98109 |
| Website | amazon.com |
| Phone | 2062661000 |
| CEO | Andrew R. Jassy |
| Employees | 1,541,000 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Equities Close Mixed; Wall Street Posts Back-to-Back Weekly LossesUS equity benchmarks closed mixed Friday, with Intel (INTC) shares sliding in a post-earnings sell-o Microsoft Azure's Second-Quarter Revenue Growth Poised for Beat, Morgan Stanley SaysMicrosoft's (MSFT) Azure cloud computing business can deliver better-than-expected fiscal second-qua Amazon plans thousands more corporate job cuts next week, sources say<body><p>STORY: Amazon is planning a second round of job cuts next week...</p><p>part of its broader goal of laying off roughly 30,000 corporate workers.</p><p>That's according to two people familiar with the matter, who told Reuters exclusively that the layoffs could begin as soon as Tuesday.</p><p>Amazon in October cut some 14,000 white-collar jobs, about half of the 30,000 target first reported by Reuters.</p><p>The total this time is expected to be about the same as last year.</p><p>The sources told Reuters that jobs in the company's retail division, Prime Video unit, Amazon Web Services, and human resources department, known as People Experience and Technology, are slated to be affected. </p><p>The sources cautioned that details of Amazon's plans could change.</p><p>An Amazon spokesperson declined to comment.</p><p>Amazon tied the October round of job cuts to the rise of AI software.</p><p>However, CEO Andy Jassy later told analysts during the company’s third-quarter earnings call that the job reductions were, quote, "not really financially driven" and "not even really AI-driven.”</p><p>Instead, he said, the move was prompted by “culture," meaning the company has too much bureaucracy.</p><p>The full reduction of 30,000 jobs would represent a small portion of Amazon’s nearly 1.6 million employees.</p><p>But they would slash almost 10% of the company's corporate workforce...</p><p>and mark the largest staff reduction in Amazon's three-decade history. </p></body> 6 of My Top 10 Stocks for 2025 Increased by More Than 25%. Are They Still Buys Now?The market delivered a strong gain in 2025, but it was no match for these stock picks. Amazon in deal for warehouse at Campanelli Business Park in UxbridgeOnline retailer leased 450,000 square feet |