Technology stocks were climbing premarket Thursday. The Technology Select Sector SPDR ETF (XLK) was 0.57% higher and the Semiconductor Sector Index Fund (SOXX) was recently advancing by 0.90%.
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Ever since Amazon (NASDAQ: AMZN) started breaking out Amazon Web Services' (AWS) revenue and operating profits in 2015, a growing number of analysts have called for the tech giant to spin off the expanding cloud business.
U.S. stock index futures rose on Thursday, indicating a slightly positive end to a bruising month for Wall Street, with focus turning toward economic data and government funding negotiations.
Amazon (NASDAQ: AMZN) now counts over 200 million Prime members around the world. About 81 million of those Prime members are in the United States, according to an estimate from eMarketer, most paying an annual membership fee of $119.
Japanese mobile phone services and online shopping mall operator Rakuten Group Inc said it will start preparing for an initial public offering of the group's online banking unit, as it looks to raise funds from its fintech business.
(RTTNews) - Amazon has settled a labor dispute with two former employees it fired last year after they spoke out publicly against the company's decisions on climate action as well as warehouse conditions during the pandemic. Terms of the settlement were not immediately available.
Amazon.com Inc and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year after they criticized the working conditions at the e-commerce giant's warehouses.
Amazon.com Inc has reached a settlement with two former employees who said they were terminated last year after they criticized the working conditions at the e-commerce giant's warehouses, CNBC reported on Wednesday https://cnb.cx/3CZG07s.
(RTTNews) - Macy's Inc. (M) is in the midst of a legal tussle with its landlord, the Kaufman Organization, to stop Amazon Inc. (AMZN) from using a billboard atop its flagship store at the Herald Square location.
(RTTNews) - Tech giants Amazon Inc (AMZN) have unveiled its home robot, named Astro, on Tuesday in the fall hardware event. The robot is calibrated to watch over homes, carry small things, play with children, play music, assist in video calls, and other things.
Google users can soon combine images and text in search queries, a feature unveiled on Wednesday that could help the Alphabet Inc unit expand its role in e-commerce and dominance in online video.
U.S. and European Union trade and competition officials launched a new forum on Wednesday joining forces to better compete with China, shield sensitive technologies, boost semiconductor supplies and coordinate regulation of large technology firms.
Amazon (NASDAQ: AMZN) is really laying on the incentives for new hires as it battles other entry-level employers for employees amid the ongoing work shortage in the U.S.
Amazon.com (NASDAQ: AMZN) is reportedly looking to begin opening its planned string of department stores as early as next year, and those locations are promising to be as tech-heavy as you'd imagine a store operated by the online retail giant would be.
Gains in beaten-down technology shares and Boeing led U.S. stock indexes higher on Wednesday, after concerns about inflation and rising Treasury yields sparked one of Wall Street's worst selloffs this year.
Facebook (NASDAQ: FB) updated its advertisers earlier this month, noting that changes to Apple's (NASDAQ: AAPL) iOS caused it to underreport ad conversions by about 15%. Apple added new privacy settings in April, requiring users to opt in to share data across applications and the
On Tuesday, Amazon.com (NASDAQ: AMZN) announced a slew of new products and services at its annual fall product launch event. These include the Halo View health tracker and two related services: Halo Fitness, which will launch with hundreds of studio-quality workout classes, and H
Luxury electric car maker Lucid Group is on track to meet its production targets for 2022 and 2023 and is pushing to achieve this year's goal of 577 vehicles, its chief executive said.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Apple (NASDAQ: AAPL), and Amazon (NASDAQ: AMZN), part of the group of stocks known as FAANG, are hardly new names to most investors. These giant tech companies have continued to deliver attractive revenue increases and share price apprecia