Amazon.com Inc
Amazon and Google just closed out their worst months on Wall Street since 2008
Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers […]
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Cathie Wood compares Teladoc to Amazon, says market has it wrong after 40% plunge
Ark Invest’s Cathie Wood continues to bet on Teladoc even as its stock plummets. Source
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Stocks making the biggest moves midday: Amazon, Verisign, Honeywell and more
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Amazon — Shares of the e-commerce company slumped 13% after issuing weak revenue guidance for the current quarter. Amazon also […]
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Cloud computing is a bright spot for tech as the economy grapples with war and inflation
Microsoft’s CEO indicated that companies aren’t looking to cut into their IT budgets when economies worsen. That means cloud could be a safe haven for Big Tech. Source
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Victoria’s Secret is taking its beauty business to Amazon in its first-ever wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Secret is taking its beauty business to Amazon, marking the lingerie company’s first major tie-up with another retailer to sell its goods. With Friday’s launch, about 120 different products including branded […]
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Analysts are mostly confident Amazon can work through inflationary pressures, JPMorgan says ‘buy the pullback’
Many on Wall Street maintained buy ratings on the tech giant even after it dropped 10% after poor revenue forecast. Source
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Amazon shares sink 12%, on pace for worst day since January 2014
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Shares of Amazon dipped as much as 12% on Friday after the company gave revenue outlook for the current quarter that fell short of Wall Street’s estimates. […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, CEO […]
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Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in premarket trading Friday. Apple — Apple’s stock price dipped 2% after […]
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TikTok looms large in tech earnings reports as digital ad giants struggle to keep up
Rafael Henrique | LightRocket | Getty Images As the heart of tech earnings season wraps up, one persistent theme has been weakness in the digital ad market. The war in Ukraine, rising inflation, Apple’s privacy changes and an overall pullback in ad spending help explain why Facebook, Google, Amazon and Twitter all reported disappointing revenue […]
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