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Market research company Numerator said Friday (July 11) that the average household spend during Amazon's first four-day Prime Day sales event reached $156.37. The average order size during the event was $53.34, and nearly two-thirds of the households that shopped during Prime Day placed two or more orders, Numerator said in its 2025 Prime Day Highlights.
John Shea, head of commerce at digital ad agency PMG, says Amazon's logistics allow the retailer to stand out amongst the pack as Prime Day enters its fourth and final day. He joins Romaine Bostick on "Bloomberg Tech" to discuss.
Despite the attention and positive news from Amazon.com, Inc. AMZN regarding Prime Day, the stock's shares are little changed on Friday. But that may not be the case for long.
AWS will generate billions in extra revenue from its Anthropic partnership: Morgan Stanley. Amazon's $8 billion investment in Anthropic was valued at $13.8 billion earlier this year.
The tech giant has quietly shed warehouse employees whose work authorizations were revoked after the Trump administration ended a Biden-era immigration program.
Levi Strauss (LEVI) didn't just beat earnings, but also raised guidance, which Diane King Hall largely attributes to the stock's rally this morning. She talks about the business decisions from leadership that helped Levi win for the quarter.
Investing done right is usually with a long-term perspective in mind. For me, I invest for the long term and when I buy a stock, it is not my intention to sell it anytime soon.
Jim Cramer breaks down why he's keeping an eye on shares of Amazon.
Morgan Stanley revised its outlook on Amazon after tariffs between the US and China came to a reasonable level. The brokerage maintained the overweight rating and raised the target for Amazon from $250 to $300, indicating a 35% upside from the previous day's closing price.