Amazon.com Inc
5 things to know before the stock market opens Thursday
Traders on the floor of the NYSE, August 24, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stocks seek new winning streak Stock futures pointed to a higher open Thursday following a positive Wednesday for all three major U.S. indexes. Markets are looking to […]
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Peloton experiences significant decline, drop in income as the business grinds through its turnaround plan
A person walks earlier a Peloton retail store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Photos Peloton on Thursday documented widening losses and slumping gross sales in its fiscal fourth quarter as the related health gear maker tries to win again traders with cost cuts and strategic shifts. Shares declined […]
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Amazon is shutting down its telehealth service, Amazon Care
Amazon is shutting down its telehealth service, Amazon Care, marking a major retreat by the retail behemoth in its efforts to break into the health care space. Amazon will shutter the service after December 31, Amazon Health Services lead Neil Lindsay announced Wednesday in a company email. The company decided to end Amazon Care after […]
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Peloton strikes a deal to sell fitness equipment and apparel on Amazon
Peloton has struck a partnership with Amazon in a bid to broaden its customer base and win back investors’ confidence, as revenue growth slows from pandemic highs and its stock price plunges. In its first foray outside of its core direct-to-consumer business, Peloton starting Wednesday will be hawking a selection of its connected-fitness equipment and […]
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Top rated Amazon seller Packable commences liquidating and announces career cuts following unsuccessful SPAC endeavor
About a yr back, on the web retailer Packable was planning to go public by a unique intent acquisition organization. With the SPAC sector possessing evaporated and the economic system now sputtering, Packable is laying off staff and planning to liquidate, according to inner paperwork reviewed by CNBC. Packable is the guardian firm of Pharmapacks, […]
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Coinbase CEO states crypto trade has ongoing ideas to reduce prices and is actively engaged with regulators
As crypto trade Coinbase faces market issues and financial headwinds, the enterprise is taking a shut appear at wherever it can minimize charges, CEO Brian Armstrong informed CNBC’s Kate Rooney. Coinbase shares have missing extra than 70% of their worth this year as the corporation has grappled with a “crypto wintertime” tied to the plummeting […]
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Amazon Prime signs deal with DirecTV to air ‘Thursday Night Football’ games in bars, restaurants
Javonte Williams #33 of the Denver Broncos carries the ball against the Cincinnati Bengals at Empower Field At Mile High on December 19, 2021 in Denver, Colorado. Matthew Stockman | Getty Images Amazon’s Prime Video reached a deal with DirecTV to air its “Thursday Night Football” games in more than 300,000 businesses such as bars […]
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Amazon upgraded warehouse AC process immediately after declaring worker’s loss of life was not warmth-related
Amazon upgraded the air conditioning system at a New Jersey warehouse where it blamed a worker’s death during a heat wave previous month on a “private clinical situation,” in accordance to a few facility workers and photos seen by NBC News. A single photo demonstrates a large new ducting process installed on a floor ground of the […]
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4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments: Stocks slide to start trading week Oil declines after our Coterra sale alert Constellation bucks the market Another Amazon health-care move? 1. Stocks slide to start trading week All three […]
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Shares building the largest moves midday: AMC, Signify Health and fitness, Netflix and a lot more
Netflix is growing its force into cell gaming. Sopa Images | Lightrocket | Getty Photos Test out the providers producing the biggest moves midday Monday: AMC — Shares of the theater chain dropped 38% as buyers weighed the firm’s new desired share course and news that rival Cineworld that it was looking at individual bankruptcy. […]
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