NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
April 30, 2024Top 100 Private | Food Service | Grocery | Beverage | Petroleum/Chemical | Industrial Gases | Agriculture/Food Processing | Wholesale/Retail | Manufacturing
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Top Media & Entertainment Carriers
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Extras
On the Bubble
Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit
ADM Shares Fall as CEO Cites Transition From Boom Years
Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.
Air Products Plans Alberta Hydrogen Truck Refueling Network
Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.
PepsiCo Beats Q1 Revenue Forecasts
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.
Kroger, Albertsons Agree to Divest More Stores
Kroger Co. and Albertsons Cos. agreed to divest more stores to C&S Wholesale Grocers, seeking to make their planned $24.6 billion merger more appealing to antitrust authorities.
Amazon Prime Memberships in US Gain 8% to New High
Amazon.com Inc.’s Prime subscription service hit a new high of 180 million U.S. shoppers in March, up 8% from a year earlier, according to Consumer Intelligence Research Partners.
Amazon Eyes Record High
Wall Street investors are finally doing what analysts have been recommending all along: buying Amazon.com Inc.
Inside an Amazon Last-Mile Delivery Station
Take a look inside one of Amazon's newest delivery stations, where 40,000 to 50,000 packages a day are sorted and handed off to drivers to take them to their final destination.
Lawmakers Urge FTC to Take Action on Grocery Profits
A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.
Kroger Closing Three E-Commerce Facilities in Texas, Florida
NEW YORK — Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations, the grocery chain confirmed this week.
March 28, 2024