Like some other big tech companies, Amazon (NASDAQ: AMZN) has been in the antitrust hot seat for several years now. The company has a huge presence in U.S. e-commerce, controlling roughly 40% of a fast-growing market, and it's also the leading cloud infrastructure provider.
With the S&P 500 and Nasdaq Composite in a bear market, many investors may find their investment portfolios down big. Yet, as bad as the broader markets are doing, the retail space has fared much worse.
The Nasdaq rose on Wednesday after a positive forecast from Netflix added to a largely upbeat second-quarter earnings from U.S. companies against the backdrop of rising recession fears from the Federal Reserve's efforts to tame surging inflation.
Amazon's (NASDAQ: AMZN) Prime Day was actually a two-day shopping event on July 12 and 13. The company said in a statement on Thursday morning following the event that it was its best Prime Day ever. Members purchased more than 300 million items worldwide. Not to be undone, Prime
IBM's (NYSE: IBM) stock dipped 4% during after-hours trading on July 18 following its second-quarter earnings release. The tech giant's revenue rose 9% year over year (16% on a constant-currency basis) to $15.5 billion, which beat analyst estimates by $360 million. Those growth r
When analyzing the quality of companies, investors often focus on financial metrics such as earnings growth or the strength of the balance sheet. And while financial metrics are certainly an integral part of any investment analysis, investors can benefit by looking at nontradit
U.S. stock index futures edged lower on Wednesday after sharp gains on Wall Street in the previous session as investors assessed better-than-expected earnings reports against the backdrop of a gloomy economic outlook.
Launched on 06/19/2006, the First Trust Dow Jones Internet ETF (FDN) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Internet segment of the equity market.
Launched on 05/04/2005, the Invesco S&P 500 Top 50 ETF (XLG) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Launched on 03/13/2001, the iShares Expanded Tech Sector ETF (IGM) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market.
Launched on 01/26/2004, the Vanguard Consumer Discretionary ETF (VCR) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Investors should always make a point of keeping their finger on the pulse of the broader market. That's especially true right now. Between rampant inflation, worldwide geopolitical turmoil, and the subsequent bear market most stocks are still in, there are myriad factors impactin
For Immediate ReleaseChicago, IL – July 20, 2022 – Today, Zacks Equity Research discusses CVS Health CVS, Walgreens Boots Alliance WBA and Amazon AMZN.
Amazon (NASDAQ: AMZN) is scheduled to report fiscal 2022 second-quarter earnings after the markets close on Thursday, July 28. The e-commerce giant is grappling with evolving consumer behavior as the economic reopening gains momentum worldwide.
U.S. lobby groups representing Facebook and Twitter are concerned India's plan to form a government panel to hear appeals against content moderation decisions could lack independence, documents seen by Reuters show.
With electric vehicles (EVs) catching on, the scramble for market share among startups selling home chargers is heating up and that will feed further dealmaking in the sector as tens of millions of units are installed globally over the next decade.
Alphabet (Google’s) stock (NASDAQ: GOOG) has lost 6.2% in the last week, underperforming the S&P 500 (down 0.9%). However, it has outperformed the broader markets over the last ten days (3.1% vs 2.1%) and one month (5.2% vs 3%). The stock markets have been volati
A U.S. congressional leader on antitrust, Senator Amy Klobuchar, on Tuesday called for Congress to pass a bill to rein in Big Tech, as prospects of it becoming law seemed to be dimming.
(RTTNews) - Amazon (AMZN) warehouses in New York City and other parts of the country are being inspected by federal prosecutors and the Department of Labor as part of a civil investigation into unsafe and unseemly workplace conditions, according to ABC News.
Thus far in our current trading week, the moral of the story is, “If at first you don’t succeed — try, try again.” After mounting a strong start to the Monday session, market indices lost their mojo and sank into negative territory by the closing bell. Today, the indices