by Gerard Edic | Nov 18, 2023
Rivian’s electric delivery vans will no longer just be an Amazon exclusive. The company announced Tuesday that it would sell its electric delivery vans to other companies by next year, ending an exclusivity deal with Amazon. This announcement was released along with...
by Macarena Carrizosa | Nov 7, 2020
Amazon surpassed Wall Street’s revenue projections for Q3. Brian Olsavsky, CFO of Amazon emphasized that the company believes the high-volume demand will be sustained beyond the pandemic, and therefore the company is investing heavily in expanding. Investors, on the...
by Suzannah Cavanaugh | Sep 18, 2020
Antitrust suits weigh on sinking big tech After soaring to record highs in August, shares of big tech stocks have driven markets lower this month as developing antitrust cases against four tech mega-caps stoke fears about the sector’s long-term viability. The...