Amazon (AMZN) reported second-quarter results late Thursday that beat estimates on revenue but missed on earnings. Amazon stock jumped on the news. X The e-commerce giant reported an adjusted loss of ...
Tag: Amazon
Amazon stock up 15% despite second consecutive quarterly loss
Amazon.com Inc (NASDAQ: AMZN) stock is up 15% in extended trading on Thursday even after the tech giant reported its second consecutive quarterly loss. Amazon Q2 earnings snapshot Lost $2.0 billion th...
Proposed Antitrust Legislation Threatens To Harm U.S. Tech Startups And The Innovation Economy
The recently-released GDP estimates revealed that the economy contracted for the second quarter in a row, and some economists fear that we may already be in a recession. Given the precarious nature of...
Amazon set to report earnings amid recession fears
Amazon (AMZN) reported its financial results after the closing bell on Thursday, beating analysts’ expectations on revenue. The stock soared 12% higher in after-market trading. Still, Amazon als...
Amazon Reports Earnings Today. What to Expect.
Text size Amazon Web Services, the company’s cloud computing arm, is expected to boost revenue 33% in the quarter from a year ago. Stefano Guidi/Getty Images Amazon ’s June quarter financial report is...
Apple and Amazon Q2 Earning Reports Incoming: Can This Impact Crypto?
Word on the street is big tech earnings by FAANG companies for quarter two might disappoint. The question is if this will have an impact on the broader market and, consequently – cryptocurrency. Apple...
Alphabet And Microsoft Missed Their Earnings Estimates
Getty Images Key takeaways Alphabet and Microsoft released their earnings reports Tuesday after the bell Both tech giants missed estimates, though the damage wasn’t as bad as some feared Alphabet shar...
This Is The Future Of Crypto In 1 Chart
cryptocurrencies getty If you believe in the future of a market or a sector or a particular stock or instrument, when the price falls heavily you should be happy, but when it rises a lot you should st...
Amazon to hike Prime prices in Europe; What does this mean for AMZN stock?
Amazon (NASDAQ: AMZN) is looking to increase the price of its Amazon Prime scheme for users in the European Union (EU) and the UK. The announcement comes several months after the firm raised fees for...
Apple’s Latest Report Details Its Bold Vision For Healthcare
For decades, Apple has taken the path less traveled. The company has never been viewed as a traditional healthcare company, but rather as a technology giant that has pioneered some of the most innovat...
First Starbucks, then Amazon, now a Korean BBQ restaurant union. Wage workers know they deserve more
Steven Chung, a former head waiter at Genwa Korean BBQ, poses for a portrait on the same street as the restaurant in Los Angeles in July 2019. (Marcus Yam / Los Angeles Times) Three years ago I wrote ...
If Gabon’s Largest-Ever Carbon Credit Sale Works, It Will Be World-Changing
African forest elephant (Loxodonta cyclotis) in Lekoli River, Odzala-Kokoua National Park, … [+] Cuvette-Ouest Region, Republic of the Congo. (Photo by: Education Images/Universal Images Group v...
The Best New Movies And Shows To Stream On Netflix, Hulu, Amazon, HBO And Apple TV+ This Weekend
LONDON, ENGLAND – OCTOBER 17: Rege-Jean Page attends “The Tragedy Of Macbeth” European Premiere … [+] during the 65th BFI London Film Festival at The Royal Festival Hall on Oct...
Amazon’s Policy Head Jay Carney Departs For Airbnb
Topline Jay Carney, Amazon’s top policy executive and a former White House press secretary in the Obama administration, is quitting the company to join Airbnb as its global head of policy and communic...
What Happens When Brands Lose Their Visions
Bed, Bath & Beyond’s Disaster: What Happens When Brands Lose Their Visions Shutterstock The long, sad saga of Bed Bath & Beyond’s slide from innovative retailer to struggling also-ram is an ob...
Amazon Makes Moves In Healthcare With Plans To Acquire One Medical
Getty Images Key takeaways Amazon plans to acquire healthcare provider One Medical for $18 per share in a deal valued at $3.9 billion One Medical, which went public in 2020, operates a network of heal...
‘Amazon Of Crypto’—Former Blackrock Exec Predicts Everyone Will Hold This Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, And Dogecoin Soar
After last month’s rout, crypto is on the rebound. Over the past week, the price of bitcoin soared 12.1% and the ethereum price jumped 35.5%. XRPXRP is up 8%, cardano 14.6%, dogecoin 11.8%, BNBBNB 13....
Rivian stock surges after Amazon announces EV roll out across U.S.
Electric truck startup Rivian Automotive (NASDAQ: RIVN) ended the trading session on July 21, up 4.25% after Amazon (NASDAQ: AMZN) announced that it had begun distributing packages utilizing Rivian de...
Supermarkets Announce Discounted Meal Deals As Cost Of Living Crisis Continues To Bite
Major grocery retailers have been announcing discounts and offers as part of a government campaign … [+] to help consumers. Asda launched a Kids Eat for £1 offer. Any young person up to the age ...
Prime Day 2022 Delivered Despite Macroeconomic Concerns
FILE – An Amazon Prime logo is seen on the side of a delivery van as it departs an Amazon Warehouse … [+] location on Oct. 1, 2020, in Dedham, Mass. Amazon will be offering discounts on a ...
Harvard’s Mass General Hospital Is Rolling Out A Massive Hospital-At-Home Program
Mass General Brigham (MGB) hospital system is one of the most famous organizations in the world, known for its cutting edge clinical care, research, and innovation. In its latest venture to reduce spe...
Amazon Is Expected to Post Slim Profit as It Manages Slower Demand
Amazon Inc. is expected on Thursday to report a modest quarterly profit on a meager rise in sales, as the tech-and-retail company continues to work through the overhang from its breakneck growth durin...