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Amazon overtakes Walmart as largest US company by revenue
Walmart had been at the top of the Fortune 500 for 13 years.
In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.
Amazon reportedly laid off hundreds of New York employees in January as part of broader workforce cuts affecting thousands of workers across the company.
Amazon.com, Inc. (NASDAQ:AMZN) ranks among billionaire David Tepper’s 10 favorite stocks. Benchmark reduced its price target for Amazon.com, Inc. (NASDAQ:AMZN) to $275 from $295 on February 6, but ...
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