CNBC’s Jim Cramer on Friday warned investors to exercise caution when approaching mega-cap tech stocks that got hammered this year. “If we see these stocks creeping back up to their old le...
Tag: Amazon.com Inc
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
The NFL Sunday Ticket/YouTube deal is good for both the league and Alphabet
It’s official. The NFL’s Sunday Ticket is coming to Google-owned YouTube. The agreement is a strong one for both the league and Alphabet (GOOGL), the parent company of Google and a Club ho...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
NFL nearing rights deal with Google’s YouTube TV for Sunday Ticket
New England Patriots tight end Hunter Henry (85) celebrates his touchdown run against the Cleveland Browns during the third quarter at FirstEnergy Stadium, Oct. 16, 2022. Scott Galvin | USA Today Spor...
Executives make media predictions for 2023
Back by popular demand (OK, fine, I just wanted to do this again), I asked a bunch of past and present media and entertainment executives to give me one significant and/or surprising industry predicti...
Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan
Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...
One company could determine if U.S. corporate profits rise to a record next year
As Wall Street looks toward 2023, earnings growth for the companies that make up the S&P 500 index could hinge on just one of them: Amazon.com Inc. Amazon AMZN, -1.39%, the online retail giant who...
GameStop (GME) earnings Q3 2022
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third q...
Warner Bros. Discovery CEO David Zaslav’s top priority: Cash flow
David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mi...
Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays
The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...
Activision acquisition would be good for Microsoft and the overall stock market
Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...
Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Elon Musk thinks a recession is coming and worrie...
Amazon used AWS in satellite experiment
An image captured by the ION Elysian Eleonara satellite in January 2022. D-Orbit Amazon’s cloud computing division successfully ran a software suite on a satellite in orbit, in a “first-of...
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
Why investors may want to add retail ETFs to their cart
‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic slowdown, Amplify ETFs’ Brian Giere sees opportunities in retail. “...
Amazon to spend $1 billion on theatrical releases, boosting cinema stocks
Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters...
Jim Cramer says these 10 tech and software stocks can make a comeback
CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve finishes tightening the economy. Here is his list: Amazon Microsoft Alphab...
John Malone says he’s skeptical of ad-supported content as Netflix, Disney roll out ad tiers
Liberty Media Chairman John Malone told CNBC he’s doubtful that adding commercials to long-form streaming content would help media companies be successful in the long run. “I’m a lit...
Walmart (WMT) earnings Q3 2023
Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries. The discounter beat Wall Street’...
Oatly, Amazon, Hasbro and more
A carton of Oatly brand oat milk is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies ma...
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it the 11th-worst performing sto...