Artificial Intelligence (AI) will generate around 6% of targeted net profit for Sberbank this year as Russia's largest lender plans to put AI in charge of nearly all processes in its expanding product range, the bank's first deputy chairman said.
Amazon.com Inc said on Thursday it had laid off dozens of staff working on the e-commerce giant's delivery drone project as part of a reorganization of the team.
Aldi UK [ALDIEI.UL], the British arm of the German supermarket discounter, is stepping-up its push into groceries home delivery by expanding a trial with Deliveroo to almost 130 stores, it said on Friday.
Tesla Inc extended its rally on Thursday ahead of its December debut in the S&P 500, with its market value nearing $500 billion, highlighting the growing domination of mega-cap growth stocks within Wall Street's main benchmark.
It's hard to look at the stock market in 2020 and not feel like you've missed some huge opportunities. Tech stocks are booming, working from home seems to be here to stay, and it feels like we've had a decade of disruption in just a few months. As I look at the market today, ther
The S&P 500 and the Dow edged lower on Thursday as new coronavirus restrictions and an unexpected rise in weekly jobless claims raised fears of stalling economic growth in the absence of new stimulus measures.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Jason Moser about the latest headlines and earnings reports from Wall Street. They discuss the arrival of a new player in the pharmacy space and the disruption it has caused in pharmacy stocks, and look a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Growth ETF (Symbol: VUG) where we have detected an approximate $243.8 million dollar inflow -- that's a 0.4% increase week over week in out
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares U.S. Treasury Bond ETF (GOVT), where 11,100,000 units were destroyed, or a 2.1% decrease week over week.
The European Union's digital chief has invited companies including Alphabet, Apple, Amazon and Facebook to video talks next week to discuss draft rules to curb their powers, an EU official said on Thursday.
India's Reliance Industries Ltd on Thursday said its retail arm had completed its fundraising exercise as more than half a dozen investors poured 472.65 billion rupees ($6.37 billion) into a 10.09% stake in the company in two months.
Walgreens Boots Alliance Inc said on Thursday its customers can now pick up health and wellness products from its stores in about 30 minutes from placing an order online.
"Buy and hold" -- it's a classic investing adage, and it makes a lot of sense, too. Many great fortunes were made by buying into great stocks and just hanging on -- for decades. Those who have reaped gains exceeding 1,000% or even 10,000% on dynamic stocks such as Netflix (NASDAQ
Free discount coupons for prescription medicines allowed GoodRx (NASDAQ: GDRX) to make a name for itself and pull off a successful initial public offering in September. That success hasn't gone unnoticed by other companies that already have access to lots of consumers, including
LONDON (Reuters Breakingviews) - Russia’s nascent e-commerce market is growing up fast. Online retailer Ozon’s upcoming listing in New York, valuing it at as much as $5.6 billion, is the biggest market debut by a Russian compa
The world can't stop gawking about what Robinhood users are investing in. While some users walk on the risky side -- be it by scooping up troubled stocks like Hertz and Nokia, or day trading -- what gets ignored is all the boring investing that's happening on Robinhood. Its top 1
The coronavirus crisis has helped fuel a surge in online shopping in Russia that has put even the remote icy expanse of Chukotka on the e-commerce map.
EU antitrust enforcers face an uphill battle in tackling tech giants abusing their dominance because of the difficulty of finding remedies, the EU's budget watchdog said on Thursday in its first audit of the regulators.
U.S. online retailer Amazon.com Inc has laid off dozens of R&D and manufacturing staff from its delivery drone project, Amazon Prime Air, the Financial Times reported on Thursday.
In this episode of Industry Focus: Tech, Dylan Lewis chats with Motley Fool analyst Tim Beyers about how he analyzes stocks. Tim talks about his process for finding great companies and how he goes on to research them to find out if they make great investments.To catch full episod