Amazon is boosting its holiday hiring goal to 300,000 workers for the 2026 season, 50,000 more than last year. To attract seasonal employees, Amazon will offer health coverage starting from the first day for those working at least 30 hours a week, beginning January 1, 2027. Additionally, it introduces "Day 1 Financial," a banking benefit through First Tech Federal Credit Union for qualified workers and their families. Seasonal workers earn an average of $20 per hour, with opportunities to transition to full-time roles paying up to $24 per hour. This move comes amid a cautious retail hiring environment where companies rely more on automation and existing staff.
Amazon shares trade at USD 262.65 on Pluang as of Oct 21, 2026 02:11 WIB, slightly up 0.08% for the day. The stock's market cap stands at $2.83 trillion, with a 52-week high of $284.02 and low of $198.79. Pluang data shows a typical holding period of 128 days and a balanced order flow of 57% sell and 43% buy activity. This trading context provides insight into investor sentiment amid Amazon's expanded holiday hiring plans and new worker benefits.
Google has released TorchTPU, its version of PyTorch that enables AI apps to run on Google's Tensor Processing Units (TPUs). This open-source project allows developers to easily migrate existing PyTorch apps to Google's AI chips and cloud with minima...
Amazon's stock jumped 5.18% after Morgan Stanley raised its price target and maintained an overweight rating, highlighting AWS's strong growth and profit potential. Despite negative free cash flow and nearly $200 billion planned capital expenditures,...
The surge in AI-related investments, expected to reach $1 trillion in 2027, is driving strong economic demand but also fueling inflation. The Federal Reserve may need to raise interest rates further to control inflation, which could slow economic act...
American Electric Power (AEP) has a $147 price target from BTIG, implying a 17.9% upside from its current $124.72 price. The company is advancing a 960-megawatt nuclear project in Indiana with funding and power purchase support from Amazon, and a $4 ...
3M's stock surged 6% after announcing an expanded data center deal with Amazon and beating earnings expectations. The new agreement could bring billions in revenue tied to Amazon's future purchases, while 3M also raised its full-year earnings guidanc...
