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 ...

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...

New tax rule for eBay and Venmo will cause ‘significant confusion,’ CPAs say

As Congress concludes 2022 with a sprint to pass laws and a spending deal, tax accountants are joining a chorus of e-commerce companies and pay platforms who say a revamped tax form is about to cause ...

REITs May Be a Great Investment Next Year (After a Rough 2022)

Soaring interest rates and the weakening economy have crushed real estate investment trusts in 2022, with the FTSE Nareit All Equity REIT index dropping 23% year to date. Rising rates hurt REITs becau...

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 Demise Of E-Commerce Is Greatly Exaggerated

commercial illustrator getty This is a topic that’s been on the minds of many retail executives and industry watchers in recent months, with some pointing to declining e-commerce growth rates an...

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...

E-commerce Bots Boosting Prices, Causing Shortages, And Taking Advantage Of Crises

When TicketMaster melted down in November under the avalanche of Taylor Swift fans trying to get concert tickets, the company blamed bots. The site was supposed to open up only for 1.5 million Swift f...

You’re Hired! No Interview Required in Tight Labor Market

Listen to article (2 minutes) Some employers racing to snap up workers in the tight labor market are omitting a step once considered crucial to hiring: the job interview. United Parcel Service Inc. ha...

Tech Stocks Could Keep Falling but IAC Stock Already Looks Like a Buy

With the Nasdaq Composite down more than 30% over the past 12 months, almost every tech stock is cheaper than a year ago, and there is temptation to bottom-fish. There’s a big difference between cheap...

Nio, Alibaba, Bilibili among China stocks set for another rally as Covid controls ease

U.S.-listed shares of Chinese internet and electric-vehicle stocks are enjoying a sharp rally yet again in premarket trading Monday amid reports that officials in the country were easing pandemic rest...

Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries

Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...

Dear Tax Guy: ‘I’ve accumulated a lot of junk.’ I plan to make $6,000 selling stuff on eBay. Can I put it into an IRA instead of paying income tax?

I am retired with Social Security and a state pension. Over the last 30 years I’ve accumulated a lot of “junk” from eBay EBAY, +0.17%. Now, I’m also trying to clean out my house, and sell it at cost o...

Alibaba stock flies toward best month in 7 years

The U.S.-listed shares of Alibaba Group Holding Ltd. were ending a historically strong month on a high note Wednesday, as the China-based e-commerce giant was swept up in the hope that the country wil...

Amazon Stock Looks Like a Buy With E-Commerce Set to Rebound

Back in July, I wrote a Barron’s cover story that made a bullish case for Amazon.com tied to the enormous long-term value of the company’s cloud-computing arm, Amazon Web Services. Mea culpa. Amazon s...

Alibaba and Other Chinese Stocks Keep Rallying. A Big Risk Is Being Ignored.

Alibaba and other Chinese tech stocks appear to have reversed a brutal two-year slide this month. Investors betting on a rebound may be ignoring the risk of China’s “zero Covid” policies and just how ...

Spotlight on layoffs: Cuts at Amazon, Cisco, Roku, Meta, Twitter, Intel and more

From HP, Amazon, Roku and Beyond Meat to Meta and Twitter, big names across a number of sectors have announced major layoffs in October and November. Alphabet Inc. GOOGL, +1.45% GOOG, +1.53% is consid...

Billionaire George Soros Makes a Huge Bet on Alphabet

Concerns surrounding the growth of big tech do not apply to George Soros. The Federal Reserve‘s decision to aggressively raise interest rates to fight inflation, which is at a 40-year high, thre...

Elon Musk’s Fortune Is Melting Away

Elon Musk has evolved in a world apart.  For more than 10 months he was the only member of the most select financial club on the planet, one that has never welcomed more than two members at the same t...

Yes, Gap’s Amazon Deal Can Be Desperate And Smart At The Same Time

GapGPS is for sale on Amazon.com. Gap made “thousands” of its items available last week at Amazon.com/Gap with the promise of “fast, free Prime delivery.” AP Photo/Gene J. Puskar Copyright 2017 The As...

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbo...

Alibaba Gets a Price Target Cut After Strong Earnings

Text size Benchmark analyst Fawne Jiang maintained her Buy rating on Alibaba despite cutting her price target. AFP via Getty Images Alibaba Group Holding stock popped on Thursday, prompting an analyst...

Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other big-ticket items. Critics call him out.

Billionaire Jeff Bezos, who founded the e-tail behemoth Amazon, has some spending tips as Americans gear up for the holiday shopping season — amid four-decade-high inflation and recession worries. Her...

Amazon Begins Mass Job Cuts

Amazon  (AMZN) – Get Free Report, the e-commerce giant, began Tuesday to carry out massive job cuts to respond to the economic slowdown likely to turn into a recession in the coming months.  The...

Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data

Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...

Walmart Is Flexing Its Muscle Again

America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...

You need to understand the FTX debacle even if you have no investments in crypto

The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...

Disney+ Hops On Latest Streaming Trend: New Value-Added Features

Disney+ is testing a new e-commerce feature. SOPA Images/LightRocket via Getty Images The disappointing numbers reported by Walt Disney in Tuesday’s earnings call prompted distress on Wall Street, whe...

Amazon Has Lost $1 Trillion in Market Cap. Ouch.

Amazon.com has now lost more than $1 trillion in market capitalization, the most ever by a U.S. company and the first time one company has shed that much market value. It’s a painful reminder to inves...

Digital Ocean Earnings Raise More Big Questions About the Cloud

DigitalOcean posted better-than-expected third quarter results, but the provider of cloud-based computing service to small- and medium-size businesses offered guidance for the fourth quarter that fell...

Why Walmart Could Win Hyperlocal Delivery In The US

Products that have been somewhat insulated from the rising tide of e-commerce are seeing an uptick in online orders. Grocery e-commerce hit record highs in recent years. Even still, popular categories...

Alibaba and Other Chinese Stocks Are Rallying Again. Why It Doesn’t Make Sense.

Chinese stocks rallied on Monday as investors continued to be optimistic that coronavirus rules would be eased, despite repeated messages from authorities that China would stay the course on “zero Cov...