Amazon's (NASDAQ: AMZN) stock plunged after the company posted double-digit sales growth for the third quarter. While the acceleration in growth was great news, management surprised Wall Street analysts by issuing revenue guidance for the holiday quarter that was below expectatio
MercadoLibre (NASDAQ: MELI) has been one of the few e-commerce companies that have held up relatively well during this stock market downturn. While e-commerce stocks around the world have fallen by 40%, 50%, or even 80% year to date, MercadoLibre is down a little more than 30% ov
Only 13% from its highs, Wall Street will be watching Walmart’s WMT Q3 earnings on November 15 for further insight into consumer spending amid an economic downturn. Walmart stock has held up better than the broader market and investors are hoping a strong third quarter co
Etsy stock (NASDAQ: ETSY) has gained 5.6% in the last week, outperforming the S&P 500 (down 1.7%). However, the trend was quite the opposite over the last ten days (-2.8% vs 0.2%) and one month (-10% vs 4.7%).
What happened
Shares of Amazon (NASDAQ: AMZN) took another step down today, even though there was no company-specific news about the tech giant. Instead, a broader sell-off seems to be weighing on the stock for two reasons.
The NASDAQ 100 After Hours Indicator is up 6.55 to 10,804.1. The total After hours volume is currently 85,459,929 shares traded.The following are the most active stocks for the after hours session: Ford Motor Company (F) is -0.01 at $13.30, with 7,666,052 shares traded. F's curr
EU countries and European Parliament lawmakers are likely to reach a deal on a 6-billion-euro ($6 billion) satellite internet system next week, people familiar with the matter said on Wednesday, driven by the bloc's push to cut its dependency on foreign companies and the Ukraine war.
Apple Inc and Amazon.com Inc were accused in an antitrust lawsuit on Wednesday of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple products from Amazon's website.
Microsoft’s MSFT cloud computing practices have recently received allegations of anticompetitive behaviour by Cloud Infrastructure Service Providers in Europe, a trade group that includes Amazon AMZN among its members.They took their grievance to the European Union antitr
When Amazon (NASDAQ: AMZN) investors study the company, they're likely to prioritize the e-commerce operation or Amazon Web Services (AWS) due to their large share of the top and bottom lines. It's easy to overlook smaller parts of the business that aren't moving the needle in on
It has been difficult for Alibaba's (NYSE: BABA) investors over the last two years. The stock has lost more than 75% of its all-time-high market capitalization amid a series of challenges, including weaker financial performance and the threat of delisting. But for those still hol
A rise in inflation and subsequent decrease in consumer spending have led to a startling stock market sell-off in 2022, with many companies hit hard by macroeconomic declines. Amazon (NASDAQ: AMZN) has been one of the hardest hit, with its share price down over 46% since January.
Like many tech stocks in 2022, Apple's (NASDAQ: AAPL) shares are down year to date with a loss of 22%. Rising inflation and interest rates have hurt consumer spending and other parts of the economy, leading to a stock market sell-off. The Nasdaq Composite index is down 32% so far
Considering how the market is doing these days, it's not very hard to find stocks with a price tag of less than $300. Some of these are excellent buying opportunities, and others are value traps. Growth stocks needed some taming, and lowered stock prices indicate that investors a
Amazon (NASDAQ: AMZN) stock got absolutely crushed last week after disappointing investors with a tepid fourth-quarter outlook. Despite being down 18% since the report (and 45% this year), Amazon has enormous growth potential -- and it could still 10x your investment. Let's see h
Many companies have watched their share prices fall significantly as rises in inflation and interest rates have increasingly stunted consumer spending. As a result, the stock market has become a buyer's paradise for investors willing to hold for the long term.
It's really hard to beat the market. So much so that 85% of actively-managed mutual finds underperformed the benchmark S&P 500 index in 2021. However, that's changing in 2022. When the broad market itself is down 20%, it's easier to beat it, and as of the middle of this year,
A South African court has overturned an earlier order halting construction of Amazon's new African headquarters in Cape Town after some descendants of the country's earliest inhabitants said the land it would be built on was sacred.
Microsoft faces a new antitrust complaint over its cloud computing practices as trade group CISPE, whose members include Amazon, took its grievance to European Union antitrust regulators on Wednesday.