In the second quarter, Amazon posted strong earnings even as its overall and product sales advanced. Amazon’s net income was $6.75 billion, or 65 cents per diluted share, compared with a net loss of $2.03 billion, or 20 cents per diluted share, in the 2022...
A study by Upgraded Points polled 3,000 online shoppers in 44 of the United States to get a look at Amazon customers by asking them to rate their addiction to the site, and Alabama consumers scored as the most obsessed. In Alabama, 36.5% of respondents rated their...
The United States Federal Trade Commission has initiated an action against Amazon based on its Prime membership process whereby the FTC claims Amazon tricked people into signing up for the membership program then made it hard for members to cancel their...
Amazon turned to profits in the first quarter and beat Wall Street earnings and sales estimates with the e-commerce giant noting the contribution of an expanded home assortment led by a new Martha Stewart program. The company posted first-quarter net income of $3.17...
In a fourth quarter when sales events prompted strong response, Amazon missed Wall Street earnings estimates while exceeding those for revenues, revealing in a conference call associated with its financial results announcement that it is reconsidering the Amazon Fresh...
