Amazon's (NASDAQ: AMZN) stock fell 8% on Feb. 3 after the e-commerce and cloud giant posted its fourth-quarter report. Its revenue rose 9% year over year to $149.2 billion, which beat analysts' estimates by $3.4 billion. But its net income plunged 98% to $0.3 billion, or $0.03 pe
Hedge fund Third Point LLC owns a stake in Salesforce Inc at the same time the software company is facing pressure from four activist investment firms pushing for changes, sources familiar with the matter said on Wednesday.
Wells Fargo & Co on Wednesday named a top Morgan Stanley banker as its new global co-head of mergers and acquisitions, as part of the bank's efforts to ramp up its investment banking franchise under Chief Executive Charles Scharf.
U.S. Treasury Department officials highlighted several challenges facing financial firms that are increasingly turning to cloud computing services to support a range of their activities, warning in a report on Wednesday that failure to address them could leave lingering vulnerabilities.
India's southern Karnataka state is in serious talks with Taiwan's Foxconn over investment plans, Chief Minister Basavaraj Bommai said on Wednesday, potentially setting it up as the Indian third state to host Foxconn.
Norwegian media group Schibsted and the European Publishers Council have urged EU antitrust regulators to ensure that tech rules coming into play this year will rein in Apple's powers, especially over its App Store.
On Friday, shares of Amazon (NASDAQ: AMZN) declined 8.4%, following the e-commerce and cloud computing leader's release of its fourth-quarter 2022 report Thursday afternoon. Investors were not pleased that the quarter's earnings, as well as guidance for the first quarter of 2023,
Recession fears dragged the S&P 500 and the Nasdaq Composite into a bear market last year, and neither index has yet recovered. But every past bear market eventually ends in a new bull market, and there is no reason to believe this one will break the pattern. In other words,
In today's video, Jose Najarro, Nick Rossolillo, and Billy Duberstein discuss Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and how future spending can affect semiconductor stocks like Nvidia (NASDAQ: NVDA
U.S. Treasury Department officials are urging the financial sector to address potential challenges in using cloud computing services, warning in a report on Wednesday that failure to do so could leave them and their customers vulnerable.
Amazon's (NASDAQ: AMZN) management gave investors significant insight into what was happening at the company. This video will highlight the major announcements from Amazon's latest earnings conference call.
The largest technology companies in America have just reported their financial results for the fourth quarter and full year 2022. Some notable themes emerged in those reports, with digital advertising revenue slowing across the board and sales of consumer products stalling.
Zypp Electric said on Wednesday it has raised $25 million in a series B funding round led by Taiwanese battery-swapping service provider Gogoro Inc, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size.
Dividend stocks have become hot again now that interest rates are rising and growth in some sectors is starting to slow. But not all dividends are created equal.
The Forbes 400 list, which makes up the 400 richest Americans, has a legendary hedge fund manager on it. This successful investor, whose estimated net worth is an astonishing $6.7 billion, has an unbelievable track record in the public markets. His firm produced an annualized ret
Launched on 09/09/2010, the Vanguard S&P 500 Growth ETF (VOOG) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
Launched on 09/25/2003, the Fidelity Nasdaq Composite Index ETF (ONEQ) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
Amazon (NASDAQ: AMZN) saw its share price drop 49% in 2022, its worst performance since the dot-com bubble collapsed more than two decades ago. The stock is still down 45%. That colossal decline has wiped away $800 billion from the company's market capitalization, leaving investo
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