Money

No more WFH: Amazon creates office rule

Published

3 years ago

July 23, 2023

ticker NEWS

Amazon is implementing a return-to-office policy that requires corporate workers to be in the office three days a week.

While Amazon confirmed the relocations, specific details regarding the number of affected employees were not disclosed.

The company’s spokesperson, Brad Glasser, stated that “relocation benefits” would be provided to those asked to move, and exceptions would be considered on a case-by-case basis.

The move represents an escalation in Amazon’s efforts to bring its workforce back to physical offices. The policy was introduced in February and came into effect in May, leading to protests by hundreds of corporate workers outside the company’s Seattle headquarters. Prior to this, team leaders had the autonomy to determine their teams’ work arrangements.

Amazon CEO Andy Jassy explained the decision to bring workers back was influenced by their observations during the pandemic.

After studying employee performance and consulting with leaders from other companies, they concluded that in-person work resulted in increased engagement and better collaboration.

Internal messages cited by Business Insider indicate that some Amazon employees who refuse to relocate are given the option to find a new job internally or leave the company voluntarily.

Amazon has cut 27,000 jobs in recent months. The company continues to explore ways to consolidate teams in the same locations for enhanced collaboration and communication.

As decisions are made, Amazon will communicate directly with its employees about their specific situations.

Money

S&P 500 dips as tech stocks struggle with AMD leading losses

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

Published

3 hours ago

February 5, 2026

Harvey Vargas

S&P 500 declines as tech stocks sell off; AMD plummets, Microsoft stable, investors eye Alphabet’s upcoming earnings report.

The S&P 500 fell as technology stocks faced intense selling pressure, dragging the broader market lower. AMD shares were particularly hard hit, falling 17% after its first-quarter forecast disappointed analysts.

Software names including Oracle and CrowdStrike also struggled, although Microsoft found some stability amid the sell-off.

Investors are now focused on Alphabet, which is set to report earnings after the bell Wednesday.

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Money

AI rattles finance stocks as markets react to disruption fears

AI sparks uncertainty in financial markets, causing sell-offs; leaders see potential, but investor nerves grow amid volatility.

Published

4 hours ago

February 5, 2026

Harvey Vargas

AI sparks uncertainty in financial markets, causing sell-offs; leaders see potential, but investor nerves grow amid volatility.

Artificial intelligence is being seen as a growing threat to the financial services sector, with markets reacting fast. Several financial firms suffered sharp share price drops after Anthropic unveiled new AI tools, sparking fears of widespread disruption across data, analytics and market infrastructure.

The selloff quickly spread beyond financial services, hitting software and outsourcing companies as investors questioned the future of jobs and professional roles in an AI-driven economy. The volatility reflects deep uncertainty over how quickly AI could reshape entire industries.

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Money

AI funding surge: How Nvidia and Oracle are reshaping capital markets

AI infrastructure revolutionizes capital raising, with Nvidia, OpenAI, and Oracle leading; explore funding shifts and future impacts.

Published

19 hours ago

February 4, 2026

Harvey Vargas

AI infrastructure revolutionizes capital raising, with Nvidia, OpenAI, and Oracle leading; explore funding shifts and future impacts.

The AI infrastructure boom is transforming how companies raise capital, with Nvidia and OpenAI leading the charge. Explore the shifts in funding frameworks and what they mean for the future of AI investment.

Oracle is aiming to raise $45 to $50 billion, signalling confidence in the growing AI market. We break down how e

Equity issuance, bond deals, and circular financing are influencing long-term infrastructure development.

Despite rapid growth in AI usage, monetisation challenges remain beyond 2027.

Brad Gastwirth from Circular Technologies explains why financing won’t be a bottleneck and what traditional structures mean for the evolving AI landscape.

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