Category: AMZN – Amazon.com, Inc. Common Stock

Amazon’s market share may become threatened in the long-term as manufacturers begin to launch and cultivate their own online commerce platforms.

The Delta variant “raises concerns about returning to the office–even for those who are vaccinated and particularly for those of you with dependents at home,” BlackRock said in an internal memo.

Amazon is postponing the return of employees to its corporate offices by about four months, as the delta variant of the COVID-19 virus has led to an uptick of infections in the U.S. and elsewhere. The ecommerce giant had been expecting most employees in the U.S. and other countries to come back to its office […]

Congress Pushes Back on Amazon, Facebook in Antitrust Dispute
The tech giants are seeking to recuse FTC Chair Lina Kahn from antitrust cases against them.

Three U.S. senators and a House member told (AMZN) and (FB) to abandon their efforts to disqualify Federal Trade Commission Chair Lina Khan from involvement with the commission’s antitrust activities related to the two businesses. The FTC has initiated antitrust litigation against Facebook (ticker: FB), seeking to separate Instagram and WhatsApp from the company and accusing it of operating a monopoly business. Facebook scored a significant victory when a federal judge agreed to dismiss the suit but gave the FTC a chance to refile its argument.

Amazon.com Inc on Thursday said it would not expect U.S. corporate employees to return to the office until next year because of the coronavirus pandemic, according to an internal note seen by Reuters. Amazon did not immediately return a request for comment. “As we continue to closely watch local conditions related to COVID-19, we are adjusting our guidance for corporate employees,” the note said.

Coming out of the dot-com bubble, very few people would have guessed that 20 years later the five largest companies in the U.S. would all be technology companies. Granted, technology companies are not known for high dividend yields, but their cash-flow-rich business models have supported years of dividend increases. Let’s take a closer look at three tech companies that should get more love from dividend investors.

SEATTLE, August 05, 2021–Amazon.com, Inc. (NASDAQ: AMZN) Amazon today announced plans to open a fulfillment center in Port St. Lucie, FL. The site, which is anticipated to launch in 2022, will create more than 500 new, full-time jobs that pay at least $15 per hour and provide comprehensive benefits starting day one on the job.

Amazon’s (NASDAQ: AMZN) latest earnings results were enough to beat analysts’ expectations, but the stock fell after management issued lower-than-expected guidance for the third quarter. As of this writing, the stock is down 6.5% since the earnings report, but strong demand from new Prime customers is causing Amazon to spend aggressively to support growth. Amazon posted revenue growth of 27% year over year in the second quarter, or 24% adjusted for currency fluctuations.