Amazon faces a proposed nationwide class action lawsuit accusing it of discriminating against pregnant employees by denying basic accommodations and firing those who take too much time off. The complaint, filed by four former warehouse workers, alleges violations of federal and New York labor laws, including the Pregnant Workers Fairness Act. Amazon denies the claims, stating it approves over 99.9% of accommodation requests and prioritizes employee health. The lawsuit seeks damages and an injunction to stop discrimination, adding to ongoing legal challenges Amazon faces regarding employee treatment.
Corning's stock dropped nearly 46% in July 2026, one of its worst monthly declines, despite securing multibillion-dollar contracts with Amazon, Nvidia, and Verizon for AI fiber infrastructure. The selloff followed a slight revenue miss, even as the c...
Amazon's AWS and Alphabet's Google Cloud both reported strong Q2 2026 results, highlighting different strengths in cloud business models. AWS posted $42.2 billion revenue with a 39% operating margin and $16.6 billion operating income, showing profita...
Amazon's AWS division posted its fastest growth in 18 quarters, driving a bullish outlook despite the stock lagging the S&P 500. The company is investing heavily in capex, with $200 billion planned for 2026, causing near-term cash flow concerns and s...
Qualcomm and Amazon announced a multi-generation partnership to develop custom silicon chips for large-scale AI data centers, focusing initially on AI inference for Amazon Web Services. The collaboration also includes advanced optical connectivity so...
Amazon's Low-Earth Orbit (LEO) satellite project, Leo, is seen as a near-free call option with significant long-term upside. Despite Starlink's current dominance, Leo is gaining ground through strategic partnerships, competitive pricing, and advanced...
