|Day's Range||56.27 - 56.69|
GameStop fires CEO Matt Furlong, CNN CEO Chris Licht steps down, and Bernstein Analyst Mark Shmulik sends an open letter to Amazon CEO Andy Jassy urging the company to refocus. Yahoo Finance Live breaks down some of the top stories of the day.
Amazon has investments in everything from health care to grocery stores. But is it becoming too much? In an open letter to Amazon CEO Andy Jassy, Bernstein Internet Research Analyst Mark Shmulik urges to leadership to pare down on some investments and re-focus on others, like its media business.
Amazon is reportedly planning an ad-supported tier for Prime Video, joining the ranks of Netflix and Disney amid a race to make streaming more profitable.
Stocks in Toronto fell on Thursday, as a surprise interest rate hike by the central bank continued ...
Graduation season can flood you with stress. If you're concerned about gift-giving costs, here's how to keep your finances under control.
In this video, I will talk about Roku (NASDAQ: ROKU) and why the recent Amazon announcement and a couple of Netflix upgrades helped the stock pop recently. *Stock prices used were from the trading day of June 7, 2023.
A union has accused Amazon of "dirty tricks" by hiring extra workers to stop its bid for official recognition at a warehouse hit by strikes. At the time of application for union recognition, Amazon had 1,400 workers at the warehouse, the union believes.
Investors have soured on Prologis' shares, but the warehouse REIT continues to push through massive rent increases.
The GMB represents 800 workers at a Coventry warehouse.
Workers at the site had staged the first strike at Amazon's operations in Britain in January, and followed it up with strikes in February, March and April. Labour unions representing nurses, teachers, civil servants and transport staff, have been calling strikes amid inflationary pressures.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
These companies are excellent long-term options thanks to their solid positions in two crucial markets.
Amazon denies union claim it drafted in 1,300 extra workers to thwart push for formal recognition at Coventry warehouse
Apple (NASDAQ: AAPL) is the largest company in the world today with a $2.9 trillion market capitalization. In dollar terms, an investment of $1,000 in Apple stock at its IPO would be worth over $1.8 million today! Companies developing electric vehicles (EVs), artificial intelligence (AI), and cybersecurity could be the best candidates.
Take Amazon (NASDAQ: AMZN), for example; its stock fell 50% in 2022 and has now risen about 45% in 2023. Its online stores revolutionized how consumers shop and how quickly packages are delivered, but Amazon is much bigger than that. While Amazon is known for the products it sells, this business isn't growing, as it was flat in Q1.
Microsoft co-founder Bill Gates remains bullish on tech and what artificial intelligence (AI) could do for the world. To say he thinks it could improve things for businesses and individuals is an understatement. Will people never need Amazon's site again?
Investing.com -- Amazon (NASDAQ:AMZN) reportedly plans to launch an-advertising-supported tier of its Prime Video streaming services as part of move to bolster growth from entertainment, The Wall Street Journal reported Wednesday, citing unnamed sources.
Investing.com -- Stocks in focus in premarket trade on Thursday, June 8th. Please refresh for updates.
Investing.com -- Amazon (NASDAQ:AMZN) is unlikely to pursue a potential deal to offer steeply discounted, or even free, mobile services to its Prime members in the near term, analysts at CFRA Research have argued.
Just think of it as Amazon trying to make sure you have plenty of breaktime during your favorite shows to, you know, grab a snack, use the...
The entertainment world is all about streaming video these days, and some promising news about that technology pushed Paramount Global's (NASDAQ: PARA) stock higher on Hump Day. In an article covering Amazon's (NASDAQ: AMZN) plan to offer an ad-supported version of its Prime Video streaming service, The Wall Street Journal said that Paramount could deepen its relationship with the monster retailer. Citing "people familiar with the situation," Paramount is currently in discussions with Amazon to add the ad-supported tier of its own streamer (Paramount+) to Prime Video.
Shares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer discretionary sector while video streaming companies Warner Bros Discovery and Paramount Global rallied. Amazon shares deepened losses after a Wall Street Journal report said the online retailer and video streamer is planning an advertising-supported tier for its Prime Video streaming service and that it is in talks with Warner Bros Discovery and Paramount about including ad-based tiers of their streaming services through Amazon Prime Video Channels.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.