Amazon Nightmare Is Reminiscent of the Dotcom Collapse

It’s a dark year for Amazon.  A year to forget.  The e-commerce giant undoubtedly wants to put 2022 behind it and get out of what appears to be a real stock market nightmare. The numbers speak f...

Amazon stock breaks below 2020 low for the first time, heads for worst year since dot-com bust

Amazon.com Inc. shares closed lower than their March 2020 nadir for the first time Thursday, as the tech giant’s stock heads for its worst year since the dot-com bust. Amazon AMZN, -3.43% shares fell ...

Amazon Analyst Slashes FY23 Estimates As Investors Seek Its Upside Pricing Power

Needham analyst Laura Martin reiterated Buy on Amazon.com Inc (NASDAQ: AMZN) with a $120 price target. Martin believed that AMZN’s economic model has problems created by itself. The analyst held...

Amazon Stock Price (NASDAQ: AMZN): When will AMZN Stock Break its Selling Streak and Recover Back to $100 Price?

Amazon stock price has been falling below a downward sloping line over the daily price chart. AMZN stock price has slipped below 20, 50, 100 and 200-days Daily Moving Average. Amazon stock has dropped...

Analyst blasts Amazon for running a ‘not-for-profit enterprise’

Amazon.com Inc (NASDAQ: AMZN) is down another 5.0% on Thursday after a Needham analyst blasted its management for running a not-for-profit enterprise. Needham analyst lowers estimates for Amazon’s FY2...

New Amazon series explores NFT culture: Nifty Newsletter, Dec. 14–20

NFTs and soulbound tokens define Web3 filmmaking, says director With Web3 making its way to various industries like filmmaking, one movie director believes that tools like NFTs and soulbound tokens — ...

What Tension? China Appliance Leader Midea Upbeat On U.S. Market

Comedian and actor Sam Richardson has starred as the “chief idea officer” in a Midea brand campaign … [+] this year. Midea It’s been a tough year for ties between the U.S. and China ...

Disney, Amazon May Join an Unenviable Club of 44 Stocks

Amazon com was trading lower on Tuesday, putting it within a hair’s breadth of closing below its pandemic low. Walt Disney waffling between small gains and losses, is in the same territory. With the S...

Amazon Settles EU Antitrust Case—But Here’s Why It Won’t Pay Any Fines

Topline Amazon has agreed to a settlement that will resolve two antitrust cases against the retail giant in the European Union, while avoiding a multibillion dollar fine over allegations the company w...

Amazon attempts to break below support, but Evercore thinks it’s a “Buffett buy” stock

After losing half of its value year-to-date, investors seem not done yet with Amazon.com, Inc. (NASDAQ:AMZN) stock. AMZN traded lower on Tuesday as stock markets weighed on the impending recession. Am...

‘Amazon SHIB Burner’ Helps Destroy Great Amount of Shiba Inu: Details

Yuri Molchan Massive amount of Shiba Inu has been burned with help of platform that destroys SHIB via Amazon tool Over the past 24 hours, the SHIB burn rate surged as nearly 65 million Shiba Inu token...

Amazon stock is now down 50% this year and is at a 52-week low

Amazon’s (AMZN) stock is sucking wind into 2023 as investors fret about still-bloated costs and what is shaping up to be a disappointing holiday shopping season. Shares of the tech giant are now...

How Fantasy Retailer Came To Sign Amazon Deal

A cosplayer dressed as Ordo Hereticus Inquisitor from “Warhammer 40k” at McCormick Place Chicago. … [+] (Photo by Daniel Boczarski/Getty Images) Getty Images Tales of big screen bloc...

ShotLink 2.0 Brings Myriad Big Data And Cloud Efficiencies To The PGA Tour In 2023

ShotLink 2.0 was test driven at the AWS Re:Invent ProAm at TPC Summerlin in Las Vegas earlier this … [+] month. AWS Getting a PGA Tour venue ShotLink ready for real-time data capture of every sh...

Amazon Launches a New Series on NFTs Dubbed ‘NFTMe’

9 seconds ago | 2 mins read NFT News Leading influencers explain NFTs and blockchain technology in the premiere. In six 30-minute episodes, NFTMe introduces fifty trailblazers in the NFT space. Artist...

Amazon Stock Price (NASDAQ: AMZN): After Effects of Amazon Layoffs, Jeff Bezos Mentioned! 

Amazon Stock price has been falling from the last four consecutive trading sessions after laying off 10,000 workers from its Alexa division.  AMZN stock price has slipped below 20, 50, 100 and 20...

Why Some Longer-Term Investors Are Now Concerned

Amazon box. getty AmazonAMZN is no longer an exciting start-up operation even though a few Wall Streett analysts still like to think of it that way. In fact, the big online retailing outfit is taking ...

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 ...

The Best New Movies And Shows To Stream On Netflix, Amazon Prime, Hulu, Disney+, Peacock, HBO, Paramount+ And Mubi This Weekend

US actor Harrison Ford attends Paramount+ series “1923” premiere at the Hollywood American Legion … [+] Post 43 in Los Angeles, December 2, 2022. (Photo by Robyn BECK / AFP) (Photo b...

Amazon (AMZN) stock price prediction for December 30, 2022

Amazon (NASDAQ: AMZN) finished trading on December 14 at $91.58 −$0.91 (0.98%), although it is still up +2.27 (2.54%) over the past five days. Investors are curious about where the biggest e-commerce ...

Apple Is Now Bigger Than Google, Amazon, Tesla, and Walmart Combined

Recession? It looks like Apple Inc. (NASDAQ: AAPL) didn’t get the message. While many other companies like Meta Platforms Inc. (NASDAQ: META) have declined as much as 70%, Apple has hardly hit bear ma...

Oracle Stock Rises on Strong Earnings

Oracle shares were moving higher late Monday after the company posted better-than-expected financial results for its latest quarter. The enterprise software giant continued to see success in shifting ...

Amazon One Is One-Click For Retail

After a cashier rang up my purchases at Whole Foods, I got my Amazon Prime member discounts and paid with my credit card. That doesn’t sound unusual, but what might be surprising is that I did it with...

Scammers Are Flooding Amazon With Fake Reviews For Popular Holiday Gifts

When it comes to buying slippers, of all things, 71% of online products reviews are fake. The percentages for other popular gift items go up the closer we get to the holidays. As the task of holiday s...

The Best New Movies And Shows To Stream On Netflix, Amazon Prime, Hulu, Disney+, Peacock, Apple TV+, HBO, Paramount+ And Mubi This Weekend

LOS ANGELES, CALIFORNIA – NOVEMBER 30: Will Smith attends Apple Original Films’ “Emancipation” Los … [+] Angeles premiere at Regency Village Theatre on November 30, 2022 ...

The Critique That Best Buy Is Just An Amazon Showroom Is Staid And Boring

Montclair, CA / USA – September 26, 2020: A large Geek Squad van is parked at the Best Buy retail … [+] store located in Montclair, California. getty Every year, for what seems like the past 10 ...

Federal Trade Commission Sues Microsoft To Block $69 Billion Activision Purchase

Topline The Federal Trade Commission filed a lawsuit against Microsoft on Thursday to block its $69 billion acquisition of video game giant Activision Blizzard, arguing the company could stifle compet...

Amazon CEO, Putting Stamp on Company, Promotes Four Leaders

(Bloomberg) — Amazon.com Inc. Chief Executive Officer Andy Jassy has appointed four executives to senior roles as he continues to put his stamp on the world’s largest e-commerce company. Most Re...

Carvana, the Amazon of Used Cars, Is Collapsing

Carvana, the Amazon of used cars, on Wednesday is having one of its worst days on Wall Street. Carvana shares fell more than 36% to $4.27 as doubts about the company’s ability to meet its paymen...

Dangerous Slide of Carvana, the ‘Amazon of Used Cars’

What a difference a year makes.  Carvana, a market and hedge fund darling just over a year ago, is now disavowed by the same investors who seem to be speculating about its possible default and bankrup...

Amazon Studios Unveils Biggest U.S. LED Wall Virtual-Production Stage

(Photo by David Bloom) The arms race among facilities providing virtual production capabilities, considered the next generation of film and TV creation, escalated another step this week with Amazon St...

Amazon Alexa Layoffs, Jeff Bezos Updates

| AFP via Getty Images Key Takeaways Amazon laid off 10,000 workers, primarily in its Alexa division, as it underperforms expectations. The company continues to deal with warehouse workers attempting ...