Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.4%.
Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Microsoft and Google in a key area of artificial intelligence, an executive told Reuters.
Mexico's largest broadcaster Grupo Televisa revised down its 2023 capital expenditure forecast on Wednesday, as its shares slipped more than 4% in early trading, a day after it posted a plunge in its second-quarter net profit.
Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with Microsoft and Google in a key area of artificial intelligence, an executive told Reuters.
The American and global economies are getting back on their feet in 2023. Inflation has slowed down. Regulators and lawmakers everywhere are returning to looser price-control policies. Is the e-commerce industry looking at the start of a fresh bull market?
A number of U.S. big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology.
When the market reaction to earnings is about the fundamental performance of individual companies rather than any industry-wide or country-wide theme, any copycat move by a rival’s stock should be looked at closely.
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) reported a beat on top and bottom lines tonight, and the stock is up over 6% after hours. What happened to GOOGL stock? Is it still one of the best stocks to buy now? The video below breaks it down. Don't forget to subscribe to the channel
If you're interested in the stock market, chances are you've heard about the current boom in artificial intelligence (AI). Many companies active in the high-growth sector have enjoyed monster rallies this year as the AI market is projected to expand at a compound annual rate of 3
Wall Street's top indexes were set for a lower open on Wednesday as investors assessed mixed earnings from Microsoft and Alphabet ahead of a Federal Reserve rate hike that could push borrowing costs to their highest since the global financial crisis.
Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.18%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.32%. Stock indexes this morning are moderately lower as technology stocks retreat on disappointing earnings results from Microsoft and Texas Instruments. Also, long liquidation and position-squaring...
Dish Network Corp is partnering with Amazon.com to sell wireless postpaid service plans through its platform, and offer unlimited mobile services to Prime customers for a fixed price of $25 a month.
Below is Validea's guru fundamental report for AMAZON.COM, INC. (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhi
Shares of most U.S. big tech companies fell on Wednesday as Microsoft's results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology.
As has been widely documented, the Nasdaq-100 Index (NDX) is heading toward a special rebalancing on Monday, July 24. The widely followed benchmark usually rebalances once annually, in December, but special reconfiguration was needed. The magnificent seven of Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Nvidia (NASDAQ: NVDA), Tesla (NASDAQ: [...]
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(RTTNews) - UK's competition regulator stated on Wednesday that online retail major Amazon.com, Inc. (AMZN) is willing to change the way it treats third-party sellers using its e-commerce platform Marketplace.
Wall Street futures crept lower on Wednesday as investors assessed earnings from Microsoft and Alphabet ahead of a widely expected Federal Reserve rate hike that could push borrowing costs to their highest since the global financial crisis.
Britain's anti-trust regulator said Amazon's offer to change the way it treats third-party sellers using its Marketplace platform addresses competition concerns in its preliminary view published on Wednesday.
The tech industry is booming after macroeconomic headwinds triggered a marketwide sell-off in 2022. Advances in different areas of tech have made Wall Street bullish, with many stocks enjoying healthy recoveries since Jan. 1.
Britain's anti-trust regulator said its preliminary view was that Amazon's offer to change the way it treats third-party sellers using its Marketplace platform addresses competition concerns.