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...
Tag: Online Service Providers
Surprise? How the stock market has reacted on day of each Fed rate hike in 2022
The Federal Reserve’s strategy of supersize interest rate hikes gets much of the blame for triggering a bear market in stocks in 2022, but investors might be surprised by a look back at how equites ha...
The Fed will cut rates next year, says BofA. Here’s what will happen to Treasurys.
All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the fast pace of monetary tightening with another 75 basis-point hike in borrowing costs. But even...
Alibaba Plans to Move Its Stock to Hong Kong. Others Will Follow.
Text size Alibaba says it has filed to change its primary stock listing to Hong Kong rather than the U.S. AFP via Getty Images Alibaba Group Holding on Tuesday said it has filed to change its primary ...
Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending
Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unea...
Alphabet’s Earnings Are Today. Here’s What to Expect.
Text size Google’s Bay View campus in Mountain View, Calif. Noah Berger/ AFP/ Getty Images Tuesday night is a big one for Alphabet , and for the rest of the stock market. Google’s parent company...
Microsoft earnings: It’s the forecast that matters, so be patient
The most important financial news Microsoft Corp. executives will provide Tuesday requires a bit of a wait. Microsoft MSFT, -0.59% is scheduled to report fiscal fourth-quarter financial results after ...
Expect Two Recessions, and a Quick End to the Fed’s Interest-Rate Hikes
Forward guidance sounds like a great idea. Central bankers should lay out their longer-term goals to influence financial markets. Just as hockey great Wayne Gretzky would skate where the puck was head...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond in 2019 with a plan to revive the home-goods retailer and ward off competition from Amazon.com Inc., Target Corp. and other large chains: sell what nobody...
Google Parts With Engineer Who Claimed Its AI System Is Sentient
Google fired an engineer who contended that an artificial-intelligence chatbot the company developed had become sentient, telling him that he had violated the company’s data security policies after it...
It’s the end of ‘fantasyland’ for Big Tech and its workers
After Big Tech grew in unprecedented and unchecked fashion for a decade, building ostentatious palaces to house growing workforces while plying them luxuriant freebies to keep them from defecting to r...
How Amazon’s $3.9 billion wager on primary care could change your Prime membership
Amazon’s AMZN, +1.52% $3.9 billion acquisition of One Medical ONEM, +69.45% is the e-commerce giant’s biggest bet on healthcare to date, and it hints at a future in which primary care and streaming op...
China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches
SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...
What a Netflix crackdown on password sharing could look like
Netflix Inc. has vowed to clamp down on password sharing as it looks to improve its financial fortunes, and the company just shared more details about how it will do that. The company plans to make cu...
All Jobs Businesses Cut in Pandemic Are Back, but Not Where They Were Lost
Private-sector payrolls exceeded prepandemic levels in June, taking just over two years to close a 21 million job gap that was created in the spring of 2020 and reshaping the labor market in the proce...
Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock.
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
Amazon’s Earnings Outlook Could Be Better Than Feared, Analyst Says
Text size Amazon workers pull a cart of packages for delivery in New York City. Michael M. Santiago/Getty Images Amazon . com will report second-quarter earnings two weeks from now, and the Street is ...
Buy Warner Bros. Discovery, But Sell Paramount, Goldman Says. Here’s Why.
Text size Combining and relaunching the HBO Max and Discovery+ services as well as cutting costs can be tough for WarnerMedia. Dreamstime Investors should buy Warner Bros. Discovery stock because the ...