Amazon.com Inc
Stocks could get more volatile from here, Bank of America says. Here are the names to watch
Stocks have been less volatile than bonds, and rocky earnings could close that gap, according to Bank of America. Source
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Walmart dangles deeper gas discounts to attract and retain members of subscription service
As prices climb at the grocery store and gas station, Walmart said Wednesday that it will offer deeper discounts on fuel to nudge more customers to join and renew Walmart+. Chris Cracchiolo, senior vice president and general manager of the subscription service Walmart+, said the everyday expense is on the minds of many shoppers, “especially […]
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Amazon won’t face OSHA penalties after warehouse collapse
The site of a roof collapse at an Amazon.com distribution center in Edwardsville, Illinois. Drone Base | Reuters The Labor Department has ordered Amazon to review how it responds to severe weather events following an investigation into a deadly warehouse collapse in Illinois last year but is not levying a citation with fines or other […]
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Alphabet reports miss on earnings and revenue
Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet reported first quarter earnings after the bell. Here are the results: Earnings per share (EPS): $24.62 per share, vs. […]
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Tesla stock falls more than 10% after Musk’s Twitter deal
A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla stock was down more than 10% in the morning as the tech-heavy Nasdaq Composite slipped about 3.2%. Other mega-cap tech stocks like Apple, Amazon, Google and Facebook parent Meta were also down between 2% and 4%. […]
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Microsoft’s $15 billion cybersecurity business is giving investors new reason for optimism
Satya Nadella, chief executive officer of Microsoft Corp. Grant Hindsley | Bloomberg | Getty Images In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella told analysts on an earnings call that the operation had reached $10 billion in annual […]
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Jeff Bezos takes a swipe at Musk’s Twitter takeover, suggesting it may give China ‘leverage’
Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas. Joe Raedle | Getty Images Amazon’s billionaire co-founder Jeff Bezos has weighed in on Elon Musk’s deal to buy […]
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Credit Suisse loves these tech stocks, says 3 have upside of more than 130%
Credit Suisse has named a raft of tech stocks it believes will outperform, saying all of them have more than 40% potential upside. Source
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These global stocks look cheap after falling over 20% — and analysts love them
These buy-rated stocks look to be trading at a sharp discount and could be primed for big returns going forward. Source
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Amazon labor battle continues as union vote kicks off at second Staten Island warehouse
Demonstrators during an Amazon Labor Union (ALU) rally in the Staten Island borough of New York, U.S., on Sunday, April 24, 2022. Victor J. Blue | Bloomberg | Getty Images Amazon workers are casting their ballots on Monday as part of another high-stakes union drive at a warehouse on New York’s Staten Island. Roughly 1,500 […]
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