What happened
Shares of Amazon.com (NASDAQ: AMZN) were rising almost 5% in afternoon trading Tuesday following an analyst upgrade on the stock after its recent pullback and rumors that its annual Prime Day sales event was imminent.
Amazon (NASDAQ: AMZN) is preventing some of its competitors from buying key advertising in its search results, limiting their ability to compete with the company's own products, according to a report in The Wall Street Journal.
Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter, a sequential improvement from the surprise loss it posted in July, according to Refinitiv.
The S&P 500 and the Nasdaq rose on Tuesday, led by a bounce in Amazon.com, while a likely delay in the passage of new fiscal stimulus by Congress dampened hopes of a faster economic recovery from the coronavirus pandemic and kept the Dow subdued.
Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter, a sequential improvement from the surprise loss it posted in July, according to Refinitiv.
The stock market has been on edge throughout September, and Tuesday started off with the same kind of volatility we've seen all month long. Stocks initially moved higher in an attempt to rebound from Monday's sizable decline.
The S&P 500 and the Nasdaq edged higher on Tuesday, led by a bounce in shares of Amazon.com, while uncertainty over more U.S. fiscal stimulus kept trading in Dow constituents muted.
(RTTNews) - Echelon has partnered e-commerce giant Amazon.com Inc. to launch a new exercise bike at a significantly lower price compared to those of rival exercise bike maker Peloton.
NEW YORK/MILAN/LONDON/MUMBAI (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
What happened
Shares of video game retail chain GameStop (NYSE: GME) were spiking higher on Tuesday, thanks to ongoing conversations between an activist investor and GameStop management. Investors are hopeful the talks will turn the business around, and that's sending the stock
The S&P 500 and the Nasdaq edged higher on Tuesday, led by a bounce in shares of Amazon.com and Apple, while uncertainty over more U.S. fiscal stimulus kept trading in Dow constituents muted.
Peloton Interactive (NASDAQ: PTON) might be working up a sweat this morning, and not because of a workout on one of its connected fitness bikes. Instead, Amazon (NASDAQ: AMZN) just introduced the Prime Bike, its very first piece of connected fitness equipment, which will retail
Amazon (NASDAQ: AMZN) wants to join all connected devices in your neighborhood into a single mesh network so that you will continue to have functionality beyond the limits of your own Wi-Fi signal.
Until a couple of years ago, Goldman Sachs (NYSE: GS) was almost exclusively an investment bank. However, over the past few years it has started to make a big push into the consumer banking side of the business. First, it rolled out the Marcus brand, which offers personal loans
The S&P 500 and Nasdaq indexes were set to open higher on Tuesday, with beaten-down shares of technology-related companies leading early gains, while Dow futures were subdued on uncertainty over more U.S. fiscal stimulus.
Europe's stock markets clawed back some ground on Tuesday, a day after rising second waves of the coronavirus epidemic caused the region's biggest wipeout since June and drove investors back to government bonds.
A college dropout and his electronics engineering friend first started building computers in their parents' garage in 1976. By 1995, their little company had become a force in the tech industry logging its best year ever, selling 4.5 million PCs and eclipsing $11 billion in annu
Futures tracking the S&P 500 and Nasdaq indexes bounced on Tuesday, with beaten-down shares of technology-related companies leading early gains, while Dow futures were subdued on uncertainty over more U.S. fiscal stimulus.
Stock splits are back in favor this year, with Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) splitting their shares late last month. Although splits don’t change the fundamentals of a company, they often cause a run-up in the stock price post-announcement as investors see them
U.S. President Donald Trump plans to meet on Wednesday with a group of Republican state attorneys general about revising a key law that shields social media companies from liability for content posted by their users and allows them to remove lawful but objectionable posts.