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amazon
Finance Spacex Shares Surge Past Amazon in Market Value After IPO Frenzy; Options Trading Begins
SpaceX shares surged more than 14% on Tuesday, pushing its market capitalization above Amazon and briefly past Microsoft. Options trading began with strong demand, and the company's IPO proceeds rose to $85.7 billion. Analysts caution about volatility given the company's limited public float and high valuation.
Manufacturing Google Home Speaker Launch Next Week Signals New Import Wave for Smart Home Devices
Google will launch its new Google Home Speaker as soon as next week, according to a Google executive's email and a Best Buy Canada listing. The device, Google's first new smart speaker in six years, will roll out to 20 countries. For trade professionals, this signals a potential uptick in imports of smart home hubs and the need to review tariff classifications.
E-Commerce & Marketplaces Sihoo Doro C300 Pro V2 Ergonomic Chair Sale: $410 on Prime Day Beats Amazon Price
The Sihoo Doro C300 Pro V2 ergonomic chair is discounted to $410 (was $500) direct from Sihoo with code PRIME20 for Prime Day, beating Amazon's price. UK readers get £409.99 with code PD20. The chair features the DynaCore system, SyncroFlex backrest, 8D armrests, and certifications including BIFMA, SGS, and TÜV.
Technology I've Tried Every Kindle. This Is the Best One to Buy for Enterprise and Personal Use
WIRED reviews every current Kindle model, comparing display, storage, battery life, and waterproofing. The Kindle Paperwhite (2024) is the best overall, while new Scribe models add AI features and color screens. A detailed comparison table helps buyers choose.
Technology Ring Battery Video Doorbell Plus (2nd Gen) Review: Sharper Video and Quick-Release Battery Justify the Premium
TechRadar's review of the second-generation Ring Battery Video Doorbell Plus highlights a significant upgrade to 2K Retinal resolution with HDR, a 140-degree head-to-toe view, and a quick-release battery. However, the best features require a Ring subscription, and the device charges via Micro-USB instead of USB-C. The doorbell remains tied to Amazon's ecosystem, raising privacy concerns.
E-Commerce & Marketplaces Amazon Plans $35 Billion Additional India Investment by 2030, Calls It Most Aggressive Expansion Phase
Amazon India is ramping up its presence with a $35 billion fresh investment pledge by 2030, on top of $40 billion already invested. The company's country manager Samir Kumar described this as the most aggressive expansion phase in India yet, spanning ecommerce, quick commerce (Amazon Now), AI, and exports enablement.
Technology Amazon signs multibillion-dollar deal with Corning for next-gen data center fiber optic cables
Amazon announced a multi-year, multi-billion-dollar agreement with Corning to supply fiber optic cables and networking components for its data centers, driven by AI demand. The deal is expected to create hundreds of construction jobs in addition to 1,000 jobs at Corning's North Carolina facilities. AWS CEO Matt Garman emphasized the investment in American manufacturing and workforce training.
Amazon's LTL Gap: Buying Forward Air Could Solve Expedited Tier
Amazon launched a national economy LTL network, but lacks a premium expedited tier. FreightWaves argues that acquiring Forward Air — which operates a scheduled, airport-centric road feeder network — would instantly fill that gap and create a formidable competitor to incumbents like Old Dominion and FedEx Freight.
Logistics Amazon's LTL Entry Unlikely to Disrupt Market
Amazon's expansion into the less-than-truckload (LTL) market is not expected to significantly disrupt existing carriers, according to analysts. Despite Amazon's asset-light model and extensive network, the market's high barriers to entry and established players' strong service offerings limit immediate impact.
Technology Amazon's 'Story So Far' Enhances Kindle Reading Experience
Amazon has introduced the 'Story So Far' feature for Kindle devices, providing users with summaries of key plot points to help them resume reading after a break. This feature is available on Kindle devices and the iOS app, but not yet on Android.
E-Commerce & Marketplaces Amazon's EcoTank Printer Deals: Choose Wisely
Amazon offers discounts on Epson's EcoTank ET-2860 and ET-2861 printers. The ET-2860 is the better deal at £141, as both models are identical except for the price.
E-Commerce & Marketplaces Amazon Matches Boulies EP200 Sale with 30% Discount
Amazon has matched the sale price of the Boulies EP200 office chair, offering a 30% discount. This budget-friendly chair is praised for its comfort and features, making it a great value compared to luxury models.
Logistics Amazon Expands LTL Network to All Businesses
Amazon has expanded its less-than-truckload (LTL) network to serve all businesses, offering a full-scale logistics solution. This move positions Amazon as a competitor to traditional LTL carriers.
Logistics Amazon's £1bn UK Investment to Boost Logistics and Jobs
Amazon is investing £1 billion in the UK, creating 4,000 jobs with new facilities in Northampton and Kettering. This expansion aims to enhance logistics efficiency and support the UK's economy.
Technology FCC Grants Amazon Extension for Satellite Launch
The FCC has granted Amazon an extension for launching its Leo satellite constellation due to rocket capacity issues. This decision, opposed by SpaceX, allows Amazon more time to deploy its satellite internet service.
Technology Amazon's AI Merch Printing Targets Knockoff Market
Amazon introduces AI-generated custom merchandise printing via Alexa for Shopping, aiming to reduce counterfeit products. The service, available to US customers, leverages Amazon's Merch on Demand platform for fast fulfillment and shipping.
E-Commerce & Marketplaces Amazon Slashes Prices on TP-Link Wi-Fi 7 Routers Pre-Prime Day
Amazon has announced significant pre-Prime Day discounts on TP-Link Wi-Fi 7 routers, with prices starting at $85. These deals offer a cost-effective way for businesses and homes to upgrade their networking capabilities.
Logistics Amazon Relay Enhances Safety and Prepares for Prime Day
Amazon Relay is implementing measures to combat freight fraud and enhance safety, including a new safety rewards program. These initiatives come as the company prepares for increased demand during Prime Day.
E-Commerce & Marketplaces Amazon's Ember Artline: Affordable Art TVs Revolutionize Decor
Amazon introduces the Ember Artline, a new series of art TVs priced at $1,099 for the 65-inch model. These TVs offer features like AI-generated art and decor matching, making them a cost-effective alternative to Samsung's Frame Pro.
E-Commerce & Marketplaces Amazon Announces 2026 Prime Day Dates for Australia
Amazon Australia has announced its 2026 Prime Day sale will run from July 7 to July 13. This event offers exclusive deals for Prime members and discounts on major brands.
Trade Amazon's $10B Robotics Investment in Europe
Amazon is investing over $10 billion to enhance its European fulfillment centers with advanced robotics, including the Proteus autonomous robot. This initiative aims to improve efficiency and safety while expanding Amazon's workforce by 25,000 by 2030.
Logistics Amazon Wins NLRB Case on Joint Employer Status with DSPs
Amazon has secured a victory in a National Labor Relations Board (NLRB) case regarding its status as a joint employer with Direct Service Providers (DSPs). This decision, approved by an NLRB administrative law judge, prevents a precedent-setting ruling that could have affected Amazon's logistics operations.
Logistics Amazon Expands E-Cargo Bike Trials in Washington, D.C.
Amazon is piloting e-cargo bikes in Washington, D.C. to reduce emissions and congestion. This initiative is part of a broader strategy to enhance urban delivery efficiency using micromobility solutions.