For years, Amazon (NASDAQ: AMZN) has felt like a must-own stock. Amazon stock is fallible, it turns out. The tech giant reported revenue growth of 27% to $113.1 billion, missing the analyst consensus at $115.1 billion.
Facebook's (NASDAQ: FB) core business has always been advertising. Now, Facebook is thinking beyond ads. Apple's app-tracking transparency initiative has made tracking more difficult for Facebook and its advertisers, adding incentives for the company to expand beyond ads.
(Bloomberg) -- Amazon.com Inc. is tacking on a delivery fee for Prime members who shop at Whole Foods Market in several U.S. cities, an indication that the economics of grocery delivery continue to pose a challenge for even the world’s largest online retailer.Shoppers were informed of a $9.95 service fee for deliveries beginning Aug. 30 in the Boston and Chicago areas, as well as Manchester, New Hampshire, Portland, Maine, and Providence, Rhode Island.Amazon bought the organic grocer for $13.7 b