Amazon (AMZN) Announces Pause in Incremental New Hires in Corporate Workforce

Amazon (AMZN) expands use of Rivian (RIVN) electric vans for holiday deliveries

Amazons (NASDAQ: AMZN) fleet of electric vans has been growing since their announced partnership with Rivian Automotive (NASDAQ: RIVN). With a fleet that now exceeds 1,000 Rivian electric vans, the retail giants new zero-tailpipe emission vehicles have made more than 5 million deliveries in the US.

The vans have been making their way into Amazons service, as Rivians manufacturing pace slowly accelerates. The EV company said it made 7,363 R1T pickup trucks, R1S SUVs, and EDVs during the three-month period that ended on September 30. Rivian also... More

Amazon (AMZN) to pause on new incremental hires in corporate workforce

Amazon (NASDAQ: AMZN) announced:

The message below was shared with Amazon employees on November 2, 2022.

With the economy in an uncertain place and in light of how many people we have hired in the last few years, Andy and S-team decided this week to pause on new incremental hires in our corporate workforce. We had already done so in a few of our businesses in recent weeks and have added our other... More

Amazon (AMZN) 30-day option IV at 44 as shares near multi-year low

Amazon (NASDAQ: AMZN) 30-day option implied is at 44; compared to its 52-week range of 22 to 61 as shares near multi-year low.

UPDATE: Significant Upside in Amazon (AMZN) Shares Exists - Tigress Financial

(Updated - November 2, 2022 3:46 PM EDT)

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating but cut its price target on Amazon (NASDAQ: AMZN) to $192 from $232 in a note to clients Wednesday to reflect a re-rating of valuation and growth rate adjustments.

Analyst Ivan Feinseth told investors in a research note that it continues to see strong growth trends for Amazon driven by its powerful Prime... More

Amazon.com (AMZN) PT Lowered to $192 at Tigress Financial Partners

Tigress Financial Partners analyst Ivan Feinseth lowered the price target on Amazon.com (NASDAQ: AMZN) to $192.00 (from $232.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating on AMZN and adjust our 12-month target price to $192 to reflect a re-rating of valuation and growth rate adjustments but continue to see strong growth trends driven by its powerful Prime Membership momentum increasing traction with third-party sellers, strength in AWS, and rapidly growing advertising revenue that will continue to drive further growth and share price gains and view the recent pullback as a... More

Snap (SNAP) and Amazon (AMZN) partner on AR shopping in the Snapchat app, initially for eyewear - TechCrunch

Snap (NYSE: SNAP) and Amazon (NASDAQ: AMZN) partner on AR shopping in the Snapchat app, initially for eyewear - TechCrunch