Self-driving technology company Cruise, a unit of General Motors Co’s, is trying to poach engineers from struggling rival Zoox Inc, according to an email sent to Zoox engineers by the founder of Cruise this week.
The pandemic brought business at many stores to a near-screeching halt. But some online retailers thrived during the quarantine--including Overstock.com (symbol, OSTK), where April sales were up 120% compared with April 2019.
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up, after an author complained on social media about being unable to self-publish a book via the world's largest online retailer.
In a sharp turn from an optimistic start to June, Wall Street's disappointment with jobs data took its toll, sending stocks mostly lower to close out the day, snapping a four-day win streak for the Nasdaq and for the S&P 500. The Dow barely scraped together an 11-point ga
In a sharp turn from an optimistic start to June, Wall Street's disappointment with jobs data took its toll, sending stocks mostly lower to close out the day, snapping a three-day win streak for the Nasdaq and for the S&P 500. The Dow barely scraped together an 11-point g
The Nasdaq 100 index retreated from an intraday record high on Thursday, with the S&P 500 and Dow Jones indexes also slipping as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out.
It's been almost 25 years since Amazon sold its first book online, and even as many have come to depend on online retailers, e-commerce still only represents 14% of retail purchases globally. But that's changing -- eMarketer reported last year that online purchases are expected
AMC Entertainment Holdings (NYSE: AMC), with about 1,000 movie theaters worldwide (63% in the U.S.), is the industry's largest company. Naturally, the coronavirus, which has forced the company to shut down theaters, has affected AMC. Investors won't know the full extent until la
Tencent (OTC: TCEHY) and Amazon (NASDAQ: AMZN), two of the largest tech companies in the world, have generated massive returns for investors over the past decade. Tencent's stock surged 1,360% as it expanded its gaming ecosystem and WeChat, China's most popular messaging platfor
The S&P 500 and Nasdaq indexes edged lower in choppy trading on Thursday, as a rally fueled by hopes of a post-coronavirus economic recovery fizzled out even with weekly jobless claims dipping below 2 million for the first time since mid-March.
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time since mid-March bolstering optimism around an economic rebound from the coronavirus-driven slump.
Consumers have more options than ever to stream video on demand, but most people will get by with a bundle of four services that'll cost just $35 per month.