Alibaba (NYSE: BABA) is often called the "Amazon (NASDAQ: AMZN) of China" because it's the country's largest e-commerce and cloud infrastructure company. But that generalization glosses over two key differences between the tech giants.First, Alibaba's online marketplaces don't ta
News of a successful coronavirus vaccine has buoyed the stock market in the past few weeks, and many investors are buying the tech dip that preceded it. As a result, stock in cloud-based data warehouser Snowflake (NYSE: SNOW) has risen 20% since the middle of November. But with s
It's easy to look at a penny stock and be tempted. After all, you can buy a whole lot of shares when a stock trades for less than $5. And with just a $1 share-price increase, it could be a big winner. That's tempting. It's also dangerous.Stocks trading with such low share prices
Canadian technology specialist BlackBerry and e-commerce titan Amazon have developed a cloud-based software platform designed to help automakers and suppliers standardize vehicle data and speed deployment of new revenue-generating features and services, the companies said on Tuesday.
(RTTNews) - Amazon's cloud platform Amazon Web Services or AWS announced an extension to its agreement with Zoom Video Communications, Inc. to be its preferred cloud provider. The multi-year agreement is expected to enable Zoom to rise to the challenges brought by the COVID-19 p
The state of the global retail industry has been in flux because of e-commerce for over a decade, and those trends accelerated in 2020 because of the pandemic. Given new consumer behavior that is emerging as a result, e-commerce looks like a secular growth movement that has many
Amazon.com Inc said on Tuesday independent businesses selling on its platform crossed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of more than 60% from a year earlier.
Amazon.com Inc will run Apple Inc's macOS on its cloud service for the first time, allowing app developers for Apple's devices to access the operating system on demand, the company's cloud unit Amazon Web Services said on Monday.
The S&P 500 index ended lower on Monday as investors took profits following a sharp rally in recent weeks that led to the benchmark's best November ever.
U.S. President-elect Joe Biden was urged to reject the influence of Big Tech companies on his administration, by 32 antitrust, consumer advocacy, labor and related groups in a letter sent on Monday.
The S&P 500 index ended lower on Monday as investors took profits following a sharp rally in recent weeks that led to the benchmark's best November ever.
Canada plans to impose a tax on corporations providing digital services from 2022 that will stay in place until major nations come up with a coordinated approach on taxation, the finance department said on Monday.
Thirty-two groups including ones focused on antitrust, consumer advocacy and progressive issues sent a letter to President-elect Joe Biden on Monday urging him to reject the influence of Big Tech companies on his administration.
Wall Street stocks fell on Monday as investors took profits after a sharp rally that has put the benchmark S&P 500 index on course for its best November ever.
Cyber Monday was set to garner up to $12.7 billion in online sales, according to industry estimates, surpassing Black Friday's digital numbers as U.S. retailers enter the last lap of an extended holiday selling season.
Small cap stocks have far outperformed their larger counterparts in November en route to their best monthly performance on record, and look set to remain Wall Street leaders as companies poised to benefit from an economic recovery.
Black Friday is the official unofficial kickoff to the holiday shopping season and is supposed to help catapult retailers to profitability. This year, though, one analyst says customer traffic in physical stores is the weakest he's seen in 15 years of tracking guest counts.While
eBay's (NASDAQ: EBAY) stock rallied about 40% this year as investors flocked to e-commerce companies that could benefit from store closures and stay-at-home trends during the COVID-19 pandemic. However, eBay still trailed behind many of its e-commerce peers.Amazon's (NASDAQ: AMZN
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. During lockdowns, consumers have turned to e-commerce, giving a huge boost to Amazon (NASDAQ: AMZN). But it's far from done expanding and
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