The European Central Bank (ECB), just like dozens of other central banks around the world, is working on the rollout of a central bank digital currency (CBDC) that will replace traditional cash. As part of the prototype phase of this rollout, the ECB announced that e-commerce pow
U.S. stock index futures rose on Friday ahead of key inflation data in a tumultuous month marked by heavy losses on concerns of an economic downturn fueled by the Federal Reserve's aggressive push to curb soaring prices.
Amazon.com Inc on Friday rolled out a live-streaming video feature for promoting products on its shopping platform in India, employing a format already popular in China to drive sales in Asia’s third largest economy.
This bear market has devastated much of the tech sector. Cathie Wood's Ark Innovation ETF, known for its investments in tech growth stocks, is down by about 70% from its all-time high, and many tech names the market once flocked to have lost more than 90% of their value.
A federal judge on Thursday dismissed two antitrust lawsuits accusing Amazon.com Inc and five large publishers of illegally conspiring to fix U.S. prices of electronic and traditional books, causing consumers and bookstores to pay more.
Investors added another cycle of selling on Thursday as the dollar barely eased its stranglehold on currency markets, recession fears sapped stocks and bonds suffered more interest rate pain.
The NASDAQ 100 After Hours Indicator is down -7.41 to 11,157.37. The total After hours volume is currently 80,336,294 shares traded.The following are the most active stocks for the after hours session: iShares MSCI China ETF (MCHI) is -0.1142 at $42.77, with 4,285,006 shares tra
Wall Street tumbled on Thursday on worries of a global economic downturn from aggressive central bank policy and fears that a rout in global currency and debt markets could spillover to stocks.
Amazon's AMZN cloud computing arm — Amazon Web Services ("AWS") — continues to strengthen its service offerings in a bid to sustain its cloud dominance.The move to make AWS IoT FleetWise generally available is a testament to the same. The new service aids in the seamless
U.S. stock indexes slipped on Thursday as worries of a global economic downturn from aggressive central bank rate hikes and risks of potential contagion from a turmoil in UK markets turned investors risk averse.
Competition in the streaming industry has increased significantly since 2019, lessening Netflix's (NASDAQ: NFLX) dominance in the market. As one of the industry's founders, the company held a vast majority of the U.S. market share for over a decade, responsible for 75% in March 2
It's been a brutal year for shareholders in machine vision company Cognex (NASDAQ: CGNX). The stock is down nearly 45% this year as the company's main end markets (automotive, consumer electronics, and logistics) have suffered in line with ongoing supply chain challenges and slow
U.S. stock indexes were set to open lower on Thursday as worries of a global economic downturn from aggressive central bank rate hikes and risks of potential contagion from a turmoil in UK markets turned investors risk averse.
Peloton Interactive Inc said on Thursday it will start selling its bikes, treadmills and other products in Dick's Sporting Goods Inc stores, as the exercise bike maker looks to expand its customer base to lift sagging sales.
Amazon (NASDAQ: AMZN) isn't known for its hardware releases the way a company like Apple is, but the e-commerce giant has built an impressive array of devices over the years. Those include its Fire tablets, Fire smart-TV devices, Alexa gadgets, Kindle e-readers, and smart-home de
Google's parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) made its stock more affordable to retail investors when the company performed a 20-for-1 stock split on July 15. But the share price has suffered since then, hitting a 52-week low of $96.87 for its class A shares on Sept. 27,
Investors have been avoiding e-commerce stocks lately due to factors such as shifting consumer spending and higher inflation. Shopify (NYSE: SHOP), a leading e-commerce solutions provider, has seen its share price plunge by more than 80% from its peak of $176.
U.S. stock index futures fell on Thursday on worries of a global economic downturn from aggressive interest-rate hikes by central banks and risks of a potential contagion from a turmoil in UK markets.
There have been few market downturns in recent memory as exasperating as the one we're currently experiencing. The S&P 500 and the Nasdaq Composite indexes are firmly in bear market territory for the year, and with the Dow Jones Industrial Average down more than 18%, it's hov
A group of lawmakers led by Democratic U.S. Senator Elizabeth Warren is asking the Federal Trade Commission (FTC) to reject Amazon.com Inc's $1.7 billion deal to buy Roomba vacuum maker iRobot Corp, Axios reported on Thursday, citing a letter.