A new low-cost store called Amazon Haul has been launched to compete with Temu and Shein, which sell products at lower prices than other markets. All products are priced at under $20 (approx.
Shares of Amazon(NASDAQ: AMZN) rallied today, up as much as 3% before retreating to a 2.2% gain as of 2:52 p.m. ET. Still, the e-commerce and cloud giant touched an all-time high on a day in which ...
Taking a closer look at the operating segments, AWS (Amazon Web Services), grew 19% year on year, in line with analysts' estimates, while operating margin beat handily. Notably, AWS reached a revenue ...