MILAN/LONDON/NEW YORK/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Amazon (NASDAQ: AMZN) announced its Q3 results after the market close last Thursday, and by pretty much every measure it reported another blowout quarter. The company posted revenue of $96.1 billion, up 37% year over year and soaring past analysts' consensus estimates of $92.7 bi
It's been over five years since Amazon.com (NASDAQ: AMZN) started disclosing detailed results for Amazon Web Services (AWS). The cloud infrastructure business was simply becoming too important to the company's overall results, particularly given AWS is far more profitable than th
Antitrust scrutiny of major tech corporations has been intensifying in recent years as critics argue that the companies wield too much power in their respective markets. For Apple (NASDAQ: AAPL), the main criticisms revolve around the App Store, which is the only way for average
Despite the COVID-19 recession, incoming competition in the streaming space, and a somewhat lackluster recent earnings report, video streaming leader Netflix (NASDAQ: NFLX) announced it would be raising prices for its monthly subscriptions in the U.S. last week. A standard plan w
Amazon (NASDAQ: AMZN) destroyed estimates once again in its latest earnings report.The e-commerce giant has been one of the biggest winners during the coronavirus pandemic and its third-quarter results showed why. Revenue jumped 37% to $96.1 billion, sprinting past the analyst co
LONDON/MELBOURNE (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Election Day has arrived, and Wall Street is clearly worried. For roughly the past week, stock market volatility has picked up in a big way, with investors debating what lies ahead for the U.S. economy over the next four years.These worries are largely unfounded. Although the sto
(RTTNews) - Amazon Web Services (AWS), an Amazon.com (AMZN) company is planning to open an infrastructure region in Switzerland in the second half of 2022.The AWS Europe Region will be comprising three Availability Zones and join existing regions in France, Germany, Ireland, Ital
In between bouts of video gaming, owners of the upcoming consoles from Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) will have access to a popular entertainment service. Apple (NASDAQ: AAPL) is making versions of its Apple TV app available on both the Xbox Series X and Series S c
Walmart Inc said on Monday it has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world's largest retailer's years-long efforts to automate the task.
Walmart Inc said on Monday it has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world's largest retailer's years-long efforts to automate the task.
Amazon (NASDAQ: AMZN) has been one of the most influential companies of the last 20 years, and its dominance of industries ranging from e-commerce to cloud computing makes it unique even among FAANG stocks.That singular "Day One" mentality Amazon management operates under was on
Wall Street's major indexes bounced back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
Wall Street's major indexes were set to bounce back on Monday after their steepest weekly loss since March as investors geared up for an event-packed week centered around the U.S. presidential election.
The S&P 500 index currently sits at just a slight loss on the year, but some household names have lagged the market's rebound since March. Shares of Walt Disney (NYSE: DIS) and Hasbro (NASDAQ: HAS) are down year to date, but with the economy continuing to show signs of a reco
The Nasdaq has risen 35% over the past 12 months as many investors have looked at tech stocks as safe havens during the COVID-19 crisis. But that rush also inflated the valuations of many attractive tech companies to unattractive levels.As a result, it's tough to find any bargain
If you're a risk-seeker on the hunt for double-digit growth, look elsewhere. If you're in the market for a reliable investment regardless of what happens over the course of the coming few months, put Walmart (NYSE: WMT) on your shopping list. And buy plenty of shares. This brick-
U.S. stock index futures bounced on Monday after Wall Street recorded its steepest weekly loss since March as investors geared up for an event-packed week starting with the U.S. presidential election.
Amazon.com Inc has complained to India's market regulator that its local partner Future Retail Ltd misled shareholders by incorrectly saying it was complying with its contractual obligations to the U.S. e-commerce giant, a letter seen by Reuters shows.