#amazon-earnings

Tech Giants Warn H-1B Visa Holders: Avoid Travel Amid Uncertainty in U.S. Immigration Policies
The uncertainty surrounding U.S. immigration policies has intensified fears among H-1B visa holders, particularly in the technology sector. As concerns grow over potential policy changes under Donald Trump’s administration, major tech companies, including Microsoft, Google, and Amazon, have issued warnings to their foreign employees, advising them to avoid international travel. H-1B visas play a crucial role in the U.S. economy, particularly in the tech industry, where they
Tech Giants Warn H-1B Visa Holders: Avoid Travel Amid Uncertainty in U.S. Immigration Policies
The uncertainty surrounding U.S. immigration policies has intensified fears among H-1B visa holders, particularly in the technology sector. As concerns grow over potential policy changes under Donald Trump’s administration, major tech companies, including Microsoft, Google, and Amazon, have issued warnings to their foreign employees, advising them to avoid international travel. H-1B visas play a crucial role in the U.S. economy, particularly in the tech industry, where they

Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure
Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing
Amazon Web Services to Invest $8.2 Billion in Maharashtra to Expand Cloud Infrastructure
Amazon Web Services, the cloud computing arm of Amazon, is set to invest approximately $8.2 billion in Maharashtra over the next few years, according to the Ministry of Electronics and Information Technology. IT Minister Ashwini Vaishnaw stated that the investment would play a key role in job creation while strengthening India’s cloud computing infrastructure. The investment is expected to be rolled out between 2029 and 2030.AWS is also planning to introduce its own graphics processing

Amazon Launches Alexa Plus: AI-Powered Smart Assistant With Enhanced Personalization & New Features
Amazon has taken a significant leap into artificial intelligence with the launch of Alexa Plus, an advanced version of its popular voice assistant. Powered by generative AI, Alexa Plus is designed to be more conversational, personalized, and intelligent, offering users an upgraded experience with improved automation, learning capabilities, and expanded features. Announced on Wednesday, Alexa+ integrates large language models (LLMs) and agentic capabilities, allowing it
Amazon Launches Alexa Plus: AI-Powered Smart Assistant With Enhanced Personalization & New Features
Amazon has taken a significant leap into artificial intelligence with the launch of Alexa Plus, an advanced version of its popular voice assistant. Powered by generative AI, Alexa Plus is designed to be more conversational, personalized, and intelligent, offering users an upgraded experience with improved automation, learning capabilities, and expanded features. Announced on Wednesday, Alexa+ integrates large language models (LLMs) and agentic capabilities, allowing it

Amazon Overtakes Walmart in Quarterly Revenue for the First Time
Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal
Amazon Overtakes Walmart in Quarterly Revenue for the First Time
Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets
The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go
TCS Earnings, India's Economic Growth, and Global Events Impacting Markets
The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Amazon Workers Strike Over Pay and Conditions Ahead of Christmas
Strike Overview: Thousands of Amazon warehouse workers across four U.S. states have gone on strike, demanding better pay, improved benefits, and safer working conditions. The strike, organized by the International Brotherhood of Teamsters, affects seven Amazon facilities in Skokie, Illinois; New York City; Atlanta; San Francisco; and Southern California. The union claims to represent nearly 10,000 Amazo
Amazon Workers Strike Over Pay and Conditions Ahead of Christmas
Strike Overview: Thousands of Amazon warehouse workers across four U.S. states have gone on strike, demanding better pay, improved benefits, and safer working conditions. The strike, organized by the International Brotherhood of Teamsters, affects seven Amazon facilities in Skokie, Illinois; New York City; Atlanta; San Francisco; and Southern California. The union claims to represent nearly 10,000 Amazo

Amazon Workers in 20 Countries Plan Black Friday Protests and Strikes
Thousands of Amazon employees across more than 20 countries are gearing up to protest or strike during Black Friday to demand better working conditions and climate accountability from the retail giant. Unions and workers' groups are organizing these actions between Black Friday and Cyber Monday (29 November to 2 December), a period known for massive sales and heightened warehouse activity as retailers, including Amazon, fulfill a surge in customer orders. Coor
Amazon Workers in 20 Countries Plan Black Friday Protests and Strikes
Thousands of Amazon employees across more than 20 countries are gearing up to protest or strike during Black Friday to demand better working conditions and climate accountability from the retail giant. Unions and workers' groups are organizing these actions between Black Friday and Cyber Monday (29 November to 2 December), a period known for massive sales and heightened warehouse activity as retailers, including Amazon, fulfill a surge in customer orders. Coor

Amazon Appoints Samir Kumar as New Country Manager for India
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota
Amazon Appoints Samir Kumar as New Country Manager for India
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota