Amazon.com Inc
Amazon layoffs, Qualcomm’s AI chips, Airbnb cracks down on Halloween and more in Morning Squawk
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Amazon’s cull […]
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Google investors have big expectations after stock’s sharpest quarterly rally in 20 years
Google CEO Sundar Pichai waves as he arrives to attend the Artificial Intelligence (AI) Action Summit at the Grand Palais in Paris, France, February 11, 2025. Benoit Tessier | Reuters Alphabet has a high bar to clear when it reports earnings Wednesday. The company’s stock price soared 38% in the third quarter, its best quarterly […]
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UPS stock soars on third-quarter earnings beat, turnaround plan
A UPS worker pushes a cart in New York, US, on Monday, Oct. 27, 2025. Michael Nagle | Bloomberg | Getty Images United Parcel Service on Tuesday reported earnings that topped Wall Street’s estimates ahead of its busy holiday season. Shares of the package delivery giant surged 10% in premarket trading. Here’s how the company […]
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Amazon laying off about 14,000 corporate workers as it invests more in AI
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty Images Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multi-year effort to rein in costs. In a blog post, the company wrote that the layoffs […]
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CNBC Daily Open: Hopes of a U.S.-China deal spark a rally
U.S. President Donald Trump and China’s President Xi Jinping shake hands before their bilateral meeting during the G-20 leaders summit in Osaka, Japan on June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send markets higher. On Monday stateside, the S&P 500, Dow Jones Industrial Average […]
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CNBC Daily Open: We are all farmers hoping for the end of the U.S.-China trade war
U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send global markets higher. On Monday stateside, the S&P 500, Dow Jones […]
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Stock futures are little changed after major U.S. indexes notch record highs: Live updates
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American in New York City, U.S., Oct. 27, 2025. Brendan McDermid | Reuters Stock futures were little changed Monday evening following a big rally to start the week. Key market catalysts loom ahead this week, including Big Tech earnings, a Federal Reserve […]
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Amazon to announce largest layoffs in company history, source says
A person walks by The Spheres at the Amazon.com Inc. headquarters in Seattle, Washington, on Nov. 14, 2022. David Ryder | Getty Images News | Getty Images Amazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned. The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s […]
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AI is driving huge productivity gains for large companies while small companies get left behind
Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022. Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that […]
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Amazon targets as many as 30,000 corporate job cuts: Reuters, citing sources
Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the […]
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