Mixed financial results from U.S. megacap companies are dampening an otherwise better-than-expected first-quarter earnings season and so far failing to fuel stock performance in the face of U.S. Federal Reserve monetary tightening.
Amazon.com Inc's objections to a landmark union election at a company warehouse in New York City justify a hearing that could overturn the result, a U.S. National Labor Relations Board (NLRB) official said.
Meta Platforms (NASDAQ: FB) stock went up over 17% on Thursday, then Amazon (NASDAQ: AMZN) stock was down over 12% in after-hours trading. When such large companies make mega moves to the upside and downside, it can be a sign that the market is volatile. And given the Nasdaq Comp
Amazon.com Inc's objections to a landmark union election at a company warehouse in New York City justify a hearing that could overturn the result, a U.S. National Labor Relations Board (NLRB) official said.
Unsurprisingly, e-commerce sales have been slowing down for Amazon (NASDAQ: AMZN). They surged at the pandemic's onset, when hundreds of millions of folks were looking to avoid shopping in person. But that elevated level was not sustainable. Eventually, people would return to a m
A volatile stock market faces a critical test next week, when the U.S. Federal Reserve is expected to raise interest rates and give more insight on its plans for tightening monetary policy to fight surging inflation.
Chewy (NYSE: CHWY) shares have taken a beating over the last year. The stock is currently down 74% from its all-time high in early 2021. A combination of slowing sales growth and a high valuation contributed to the slide.
Amazon's (NASDAQ: AMZN) first-quarter report made a few things crystal clear about the e-commerce industry. For starters, demand is basically at a standstill. Paid units, which includes items sold by Amazon and those sold by third parties on Amazon's marketplace, were flat compar
Amazon.com (NASDAQ: AMZN) endured a brutal 14% sell-off on Friday after its Thursday night earnings report, and now trades at levels not seen since April of 2020. But in contrast to a name like Netflix (NASDAQ: NFLX), which is now contemplating worrisome changes to its business m
The stock of e-commerce titan Amazon (NASDAQ: AMZN) sank 14% the day after reporting its results for the first quarter of 2022. The company performed well, particularly in the Amazon Web Services (AWS) segment, but there was a notable drag on its profitability.
Jeff Bezos began his 2001 letter to Amazon.com (NASDAQ: AMZN) shareholders with a one-word sentence: "Ouch." He chose to start off his annual letter that way because the company's share price had plunged more than 80% over the previous 12 months.
Amazon (NASDAQ: AMZN) is having a lot of trouble with its retail business. Elevated inflation is contributing to a slowdown in demand, and rising costs for everything from labor to transportation are cutting into profitability. Consumers aren't as willing to open their wallets wi
The tech-heavy Nasdaq Composite has fallen 22% from its high, putting the popular index in bear market territory. Many individual stocks have fallen much further. A variety of macroeconomic issues have contributed to that sell-off, including rampant inflation and Russia's war on
Last November, Netflix (NASDAQ: NFLX) launched five mobile games that were directly integrated into its app: Stranger Things: 1984, Stranger Things 3: The Game, Shooting Hoops, Card Blast, and Teeter Up.
If you're considering an investment in software giant Microsoft (NASDAQ: MSFT), you're not crazy, and you're hardly alone. The company helped shape the computer industry we all rely on today, and while it and the rest of the world have moved beyond personal computers over the pas
Many growth stocks have fallen sharply in recent months, pulled down by concerns about the strength of the economy. But macroeconomic headwinds like high inflation won't change the long-term growth trajectory of the e-commerce industry. According to eMarketer, online retail sales
First-quarter 2022 earnings are rolling in amid a tidal wave of fear. Economic growth was starting to slow after a solid rebound from early effects of the pandemic in 2021, but Russia's invasion of Ukraine added to that slowdown. The Federal Reserve's promise to aggressively hike
Buying and holding high-quality companies for the long term is one of the best ways to build wealth over time. A real estate investment trust (REIT), in particular, can be an ideal forever stock because it offers diversification, growth opportunities, inflation hedge, and superio
Amazon (NASDAQ: AMZN) shares sank 14% in one trading session after the company's first-quarter earnings disappointed investors. The retail giant reported decreases in operating cash flow, free cash flow, and operating income. Amazon announced a net loss compared with a profit in
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