The 7-day slide in Amazon stock has brought its current market capitalization to $2.2 trillion and dragged its year-to-date return to -10%

Shares of retail and tech giant Amazon were down more than 2% in midday trading, on pace for their eighth consecutive decline. That losing streak would be Amazon's longest since 2019, according to Dow Jones Market Data.

By Emilio Parodi MILAN, Feb 12 (Reuters) - Italian tax police carried out searches on Thursday at Amazon's headquarters in Milan in a new tax evasion investigation into the U.S. tech giant, two sources with direct knowledge of the matter told Reuters.

Tech giants like Amazon and Meta are overhauling their performance review systems, and the changes could signal even more layoffs ahead.

SAVE $509: As of Feb. 13, the DJI Mini 5 Pro Fly More Combo is on sale for $1,090 at Amazon. That's a 32% discount on the list price.

Amazon this week is offering discounts across the M5 iPad Pro lineup, including both 11-inch and 13-inch models. Every deal on the 11-inch M5 iPad Pro that we're tracking below is a match of the all-time low price on these tablets.