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Costco, Whole Foods, and Trader Joe's are limiting how many eggs customers can buy

Quartz

qz.com › egg-limits-bird-flu-costco-whole-foods-trader-joes-1851760288

A number of the nation’s top grocery store chains, including Costco (COST), Whole Foods (AMZN), and Trader Joe’s, are now limiting how many eggs customers can buy due to a shortage sparked by bird flu.

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The 'Magnificent Seven' era is ending, says the Bank of America strategist who named it

Quartz

qz.com › magnificent-seven-bank-of-america-deepseek-ai-1851758030

The man who coined the term “Magnificent Seven,” which refers to seven high-performing tech stocks — Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Meta (META), and Tesla (TSLA) — now believes its golden era is about to end, and that’s due to the AI battle driven by DeepSeek.

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Amazon plans an AI spending spree, joining Meta, Microsoft, and Google

Quartz

qz.com › amazon-ai-spend-meta-microsoft-google-openai-deepseek-1851757795

Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.

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Amazon Finally Passes Walmart in Revenue

Quartz

qz.com › amazon-walmart-jeff-bezos-beat-revenue-1851756842

The clash of the retail titans has entered a new phase: for the first time, Amazon (AMZN) has surpassed Walmart (WMT) in annual revenue. The online retailer famously founded by Jeff Bezos in his garage during the 1990s has long led Walmart in market capitalization but hadn’t passed Walmart in earnings. Until now. In…

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Google, Apple, and AMD drag the Nasdaq down as Big Tech's market woes continue

Quartz

qz.com › google-apple-amd-tesla-amazon-stock-nasdaq-djia-1851755674

The Nasdaq and other major stock market indexes dipped in premarket trading Wednesday after underwhelming earnings reports from Google parent Alphabet (GOOGL) and chipmaker Advanced Micro Devices (AMD). Other tech stocks such as Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) were also in the red.

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The post office won't ship packages from China. Amazon and Temu are taking a hit

Quartz

qz.com › amazon-temu-alibaba-usps-post-office-ship-china-trump-1851755564

The United States Postal Service said late Tuesday that it won’t accept packages from China and Hong Kong, adding to President Donald Trump’s burgeoning trade war with Beijing. It’s bad news for Amazon (AMZN), Temu, and other e-commerce retailers.

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Trump’s new tariffs are throwing a wrench in Temu and Shein’s rapid rise – opening the door for Amazon

Quartz

qz.com › trump-tariffs-amazon-temu-shein-imports-retail-1851753829

President Donald Trump’s new tariffs, set to take effect on Tuesday, Feb. 4, are throwing a wrench into the rapid rise of e-commerce giants like Temu (PDD) and Shein, while potentially giving Amazon (AMZN) a chance to reclaim its edge.

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