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October 26, 2023
Stock futures are plunging after the mega-cap tech names haven't turned in the strong results that the markets had factored in.
October 26, 2023
The companys cloud business maintained the pace of expansion.
October 24, 2023
Amazon and Walmart are both consumer-facing companies and are therefore subject to the vagaries of the economy.
October 24, 2023
E-commerce giant Amazon, Inc. AMZN has emerged as a potent threat to brick-and-mortar stores over the years, as purchases began to shift online due to the…
October 23, 2023
Factset data indicates that out of the 17% of the S&P 500 companies that have reported so far, 73% have reported positive EPS surprises.
October 23, 2023
US stocks could extend their lean patch as bond yields continue to surge higher, reflecting rate worries of traders.
October 23, 2023
Amid turbulent markets, rising bond yields and unsettling earnings, investors are eying tech giants earnings and upcoming economic data to gauge inflation.
October 21, 2023
Sen. Amy Klobuchar and Rep. Joseph Morelle have written a letter to Jeff Bezos, expressing concern over Amazon's Alexa spreading misinformation about the 2020 election, prompting questions about the tech giant's strategies to curb such issues ahead of future elections.
October 21, 2023
Sen. Amy Klobuchar (D-Minn.) and Rep. Joseph Morelle (D-N.Y.) sent a letter to Amazon Inc.’s AMZN founder and former CEO Jeff Bezos, expressing their “serious…