Brand Story

Analyst Breakdown

• NEW YORK (AP) — Amazon’s pandemic boom isn’t showing signs of slowing down
• The company said Thursday that its first-quarter profit more than tripled from a year ago, fueled by the growth of online shopping
• It also posted revenue of more than $100 billion, the second quarter in a row that the company has passed that milestone

Analyst Breakdown

• Consumer Reports has released a video revealing how a vehicle operator tricked a Tesla into driving in autopilot mode without a person in the driver’s seat to take over in case of trouble
• The demonstration was broadcast just days after two friends died in a fiery crash in Texas in a 2019 Tesla Model S that authorities said had no driver — which Tesla CEO Elon Musk has denied
• Rigging the car to run on its own appeared relatively easy (check out the video above)

Analyst Breakdown

• The union that lost an election at an Amazon warehouse in Alabama this month has accused the company of breaking labor laws during the campaign and asked federal officials to throw out the results
• The Retail, Wholesale, and Department Store Union (RWDSU) filed 23 charges at the National Labor Relations Board (NLRB) on Friday alleging Amazon created an atmosphere of fear and confusion surrounding the vote
• The union said in a statement that its claims “constitute grounds to set the election aside” and order a new one

Analyst Breakdown

• The last six years have been a long strange trip for CEO Dan Price
• Back in 2015, the tech entrepreneur shocked the business world by slashing his own $1
• 1 million pay package to help fund a minimum “living wage” of $70,000 for all workers at his credit card processing company Gravity Payments

Analyst Breakdown

• The decision by two key federal regulatory agencies to recommend a “pause” in using the Johnson & Johnson COVID-19 vaccine got everybody’s attention on Tuesday, especially since the progress had been so encouraging lately
• The impetus for the recommendation was six reports of medical incidents among the more than 6 million people who have gotten the Johnson & Johnson vaccine
• In a joint statement, the two agencies, the Food and Drug Administration and the Centers for Disease Control and Prevention, said they were acting out of an “abundance of caution” in order to see whether these incidents were side effects of the vaccine and, if so, what that means for future use of the one-dose shot

Analyst Breakdown

• In early March, the union drive at an Amazon warehouse in Bessemer, Alabama, appeared to be gaining steam
• A slew of high-profile politicians had recently come out in support of the effort, including Georgia voting rights activist Stacey Abrams
• NFL football players and celebrities jumped onboard