Amazon shareholder revolt loses steam

08:45pm, Thursday, 22'nd May 2025
Amazon's latest shareholder results, released Thursday afternoon, show a continued decline in support for some high-profile environmental and social proposals.
Amazon shareholders rejected a proposal that would require the company's CEO and board chair roles to remain separate. About 82% of shareholders voted against the proposal.
Amazon.com, Inc. remains a Strong Buy as both e-commerce and cloud businesses deliver robust growth and margin expansion, despite recent stock gains. Generative AI is fueling AWS's accelerating revenu
Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon shares last month, betting earnings will continue to grow at the online retailer as President Donald Trump's
The stock market closed mixed Thursday after the House's passage of the Trump tax bill. Amazon, Broadcom and Meta are near buy points.
Shares in Amazon had peaked in February at $242.06, but have plummeted more than 30% over the past few months.

Pershing Square adds new position in Amazon

02:45pm, Thursday, 22'nd May 2025
CNBC's Leslie Picker reports on news regarding Pershing Square.
The founders of Amazon-owned PillPack are launching a new health-care venture called General Medicine. General Medicine is an online health-care marketplace that can connect users with medical provide
Anthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of AI models yet: Claude 4. It stopped investing in chatbots at the end of last year and has instead focused on
Live Updates Live Coverage Has Ended Quick Recap 4:20 pm EPS (Non-GAAP): Not disclosed in the release — awaiting transcript or call.(The pre-release guidance implied ~$0.22–$0.23. Likely in line o
Shares of Rivian Automotive Inc. (NASDAQ: RIVN) have gained 13.8% over the past five trading sessions, bringing the stock’s year-to-date gain to 26.9%. Yet, after the recent first-quarter earnin
Amazon (AMZN 0.95%) is best known for its e-commerce marketplace and Prime subscription service. While online shopping and fast shipping are indeed two of Amazon's major pillars, the company has been
Investors can pause to catch their breath after a wild last few months. Cooler heads appear to have prevailed in the trade war, the Q1 earnings season was better than expected, and (for now) economi
The premarket on Thursday has been a bit quiet, which is actually a positive sign, as the market continues to see money flowing into it. However, there are some issues in the bond market, but this wil
Amazon said it was ‘working directly with Nike to source their products' after a five-year absence.
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