Retail-giant Amazon (NASDAQ: AMZN) announced today it will open a new 700,000 square-foot fulfillment center in Waco, Texas. The new facility is said to be slated for a 2021 opening date and will create 1,000 local jobs, along with expanding the company's fulfillment network.The
The U.S. Senate Judiciary Committee said on Friday the chief executives of Twitter Inc and Facebook Inc will testify before the panel on Nov. 17 over their decision to block stories that made claims about Democratic presidential candidate Joe Biden's son.
The S&P 500 and Nasdaq closed modestly higher on Friday in choppy trading, with investors keeping a close eye on negotiations on a U.S. stimulus package that would ease the economic shock caused by the coronavirus pandemic.
The U.S. Senate Judiciary Committee is close to an agreement with Twitter head Jack Dorsey and Facebook CEO Mark Zuckerberg that would have them testify to the panel later this year, Judiciary Chairman Lindsey Graham told reporters on Friday.
The S&P 500 and Nasdaq closed modestly higher on Friday in choppy trading, with investors keeping a close eye on negotiations on a U.S. stimulus package that would ease the economic shock caused by the coronavirus pandemic.
The Dow traded lower on Friday, while the S&P 500 and Nasdaq were little changed in choppy trading, pressured by a stalemate in negotiations on a new U.S. coronavirus aid bill as investors turned cautious ahead of the Nov. 3 presidential election.
Wall Street's main indexes fell in Friday afternoon trading as investors fretted over an impasse in Washington on the new coronavirus aid bill, while turning cautious ahead of the Nov. 3 presidential election.
eBay (NASDAQ: EBAY) is on the list of companies experiencing a boost in sales as a result of the coronavirus pandemic. Surprisingly, eBay is doing better than Amazon (NASDAQ: AMZN) in one crucial metric. Moreover, there are a couple of major developments that eBay's management mi
Many tech investors consider 5G networks, which can be up to 100 times faster than 4G networks, to be the next secular growth story. A wide range of industries will benefit from those faster wireless connections, and myriad hardware and software companies will profit from that ex
Representatives of Amazon.com Inc in India have refused to appear before a parliamentary panel reviewing the country's privacy bill, an Indian lawmaker said on Friday, an allegation the U.S. commerce giant said was a result of a misunderstanding.
Investors already know that the coronavirus pandemic has been accelerating the adoption of e-commerce as consumers shop online from the safety of their homes. That's also causing a related surge in ad spending on e-commerce platforms, according to recent estimates from eMarketer.
Representatives of Amazon.com Inc in India have refused to appear before a parliamentary panel reviewing the country's privacy bill and that could lead to "coercive action" against the U.S. e-commerce giant, an Indian lawmaker said on Friday.
Smart speakers continue to enjoy growth, despite the macroeconomic impacts of the COVID-19 pandemic, and that growth is expected to continue in the years ahead. Total unit volumes are expected to be approximately 135 million in 2020, according to recent estimates from market rese
E-commerce stocks have been among the biggest winners this year as the pandemic has made in-store shopping less appealing.Shares of direct online sellers and e-commerce marketplaces have boomed, and now a new group seems poised to join the party. Package shipping companies, whose
Michaels Companies' (NASDAQ: MIK) results rebounded nicely in its most recent quarter. After the pandemic forced the arts and crafts retailer to close its stores earlier in the year, customers who had been largely stuck at home came back and made purchases when those stores reope
2020 has been a wild ride for investors. The Dow Jones Industrial Average, which is an index of 30 top stocks, had its biggest point drop ever in March, and as of this writing is flat year to date. Many companies have completely recovered from their March lows, and some have even
Are you a bargain hunter looking for a good stock to buy that isn't trading at an obscene valuation? You'll likely be hard-pressed to find many true discounts out there, with the S&P 500 up over 6% this year and many stocks performing well despite economic challenges and the
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