Amazon (AMZN 0.39%) and Alphabet (GOOGL 0.36%) (GOOG 0.52%) delivered lackluster returns in the first half of 2025. Amazon shares traded sideways, while Alphabet stock actually declined 7%.
SEATTLE--(BUSINESS WIRE)--Amazon.com, Inc. (NASDAQ: AMZN) announced today that it will hold a conference call to discuss its second quarter 2025 financial results on Thursday, July 31, 2025, at 2:00 p.m. PT/5:00 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.
Amazon has reportedly cut hundreds of jobs in its Amazon Web Services (AWS) cloud division. Those cuts happened Thursday (July 17), Reuters reported, citing two sources, and come one month to the day after CEO Andy Jassy warned that adoption of generative artificial intelligence (AI) would lead to a workforce reduction.
A federal judge in Washington state has dismissed a class-action lawsuit against Amazon for putting ads on Prime Video. In a ruling issued Wednesday (read it HERE), U.S. District Judge Barbara J. Rothstein rejected the claim that Amazon's decision to start running ads in 2024 effectively represented a price increase for Prime members.
Amazon's greenhouse gas emissions rose by 6% last year, due mostly to pollution generated by the company's delivery fleet and increased data center construction.
Amazon Web Services (AWS), the cloud computing wing of Amazon, laid off several hundred employees on Thursday as part of a broader effort to tighten operations across the company.
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