Amazon started in 1994 selling books. Decades later, this original business is thriving and massively outpacing its digital cousin, e-books. That’s according to a detailed internal document obtained by Business Insider that reveals a wealth of new information and insights about Amazon’s book business and the broader publishing landscape. Reliable data on this industry is … Read more
They’re a familiar sight on Amazon’s packages: plastic air cushions designed to keep products safe in transit, but which also end up in landfills by the billions. Now, under pressure from environmentalists to reduce the use of plastic packaging, the world’s largest retailer in the world is close to replacing all of its inflatable plastic … Read more
Thursday saw the worst trading day for the semiconductor sector in seven weeks. Earnings revisions for some of the top tech stocks like Nvidia ( NVDA ), Amazon ( AMZN ), Meta ( META ), and Alphabet ( GOOG , GOOGL ) are currently over 35% higher than that of the entire S&P 500 ( … Read more