The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
Health care stocks were little changed as a group, with the NYSE Health Care Index falling 0.2% while the SPDR Health Care Select Sector ETF was down 0.1%.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 2000 ETF (IWM), which added 17,800,000 units, or a 7.0% increase week over week. Among the largest underlying components of IWM,
Earnings season is just starting to heat up and Amazon (NASDAQ: AMZN) is sure to be one of the most closely watched stocks in the coming weeks. Since we last heard from the tech giant at the end of April, the stock has surged 27%, adding more than $300 billion in market value
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $172.3 million dollar inflow -- that's a 2.5% increase week o
Amazon (NASDAQ: AMZN) is apparently trying to follow other global tech companies in partnering with Indian conglomerate Reliance Industries; Indian TV news channel ET Now reports that the e-commerce powerhouse is in negotiations to take a 9.9% ownership stake in its Reliance Ret
Amazon.com Inc's India unit on Thursday said it will open 10 new warehouses in the country and begin offering auto insurance, in moves that will help the e-commerce giant widen its reach in a key growth market.
(RTTNews) - Amazon is in preliminary talks to buy a 9.9% stake in Indian billionaire Mukesh Ambani's retail venture, ET Now reported, citing people familiar with the matter.
Walmart (NYSE: WMT) announced today it was selling its warehouse club-style Best Price Modern Wholesale business to the Flipkart Group, the Indian e-commerce giant in which Walmart has a majority ownership interest. The move will allow Walmart to position itself in India to bett
Alibaba (NYSE: BABA) and Amazon (NASDAQ: AMZN), two of the world's top e-commerce and cloud infrastructure companies, have both generated multibagger returns for long-term investors.
Amazon.com Inc is in talks to buy a 9.9% stake in the retail arm of Indian conglomerate Reliance Industries Ltd, ET Now reported on Thursday, citing sources.
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett may be taking some heat for underperforming the benchmark S&P 500 over the last decade, but there are few, if any, investors who can match his performance over the past 55 years. Through the end of 2019, Berksh
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
France's newly-appointed Environment Minister Barbara Pompili said on Thursday she would push to pause the development of warehouses used by online businesses such as Amazon, in a possible setback for the e-commerce giant.
Volkswagen AG, Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday.
India's Flipkart said on Thursday it had acquired parent Walmart Inc's local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with Amazon.com Inc.
NEW YORK (Reuters Breakingviews) - Tesla investors have put the hopes for a world of electric vehicles almost exclusively on Elon Musk’s shoulders. His Palo Alto, California-based car company, which reported a $104 million second-quarter profit on Wednesday afternoon,
Wall Street ended higher on Wednesday after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington.
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