Asian equities were poised to track Wall Street's tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing.
The major indexes were mixed to start off the new week. The S&P 500 finished with a modest win, but fell short of an intraday record high yet again. Meanwhile, the Nasdaq Composite saw more robust gains, led higher by technology giant Amazon.com (AMZN) as it eyes cloud
The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
Amazon.com Inc's cloud computing unit will help Japan's Toyota Motor Corp build a platform to help manage and monetize data gathered from the automaker's global vehicle fleet, the companies said on Monday.
Amazon.com Inc's cloud computing unit is expanding its partnership with Toyota Motor Corp to support the automaker's unit that develops services, including passenger safety-related, the companies said on Monday.
The Nasdaq surged to an all-time high on Monday, while the S&P 500 approached its own record level, with both indexes lifted by Nvidia and other technology stocks.
Technology-related shares were the top boosts to the S&P 500 and Nasdaq on Monday, bringing the benchmark index close to a record high as focus turned to earnings from big retailers later this week.
There's little doubt that an extra $600 per week in unemployed Americans' pockets supports the mostly consumer-driven U.S. economy. Those benefits ended weeks ago, and their congressional or executive replacements are uncertain. Without robust government stimulus, only companie
Germany's antitrust regulator is launching an investigation into Amazon (NASDAQ: AMZN) for its effort to stop price-gouging during the pandemic, saying the e-commerce giant "must not be a controller of prices."
SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon, regulatory filings showed on Monday, as the tech conglomerate expands its investing activities beyond its recent focus on unlisted startups.
Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Monday.
Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Monday.
Few companies have done as well during the coronavirus pandemic as Walmart (NYSE: WMT). Declared an essential business, it was able to operate during the lockdown, even selling merchandise that specialty retailers were forbidden from opening to sell.
Managing through the coronavirus crisis has been made just a little bit easier by some of the big essential retail and food companies. Grocery stores like Kroger and home improvement chains like Lowe's and Home Depot have thrived as people stocked up on goods and made the best
As home-bound audiences eagerly await new programming during the coronavirus pandemic, Hollywood has been slow to get cameras rolling again, even with quarantined sets and innovations such as love scenes using mannequins.
India's Reliance Industries Ltd is in talks to buy online furniture retailer Urban Ladder and milk delivery firm Milkbasket to strengthen its e-commerce business, the Times of India newspaper reported on Monday.
India's Reliance Industries Ltd is in talks to buy online furniture retailer Urban Ladder and milk delivery firm Milkbasket to strengthen its e-commerce business, the Times of India newspaper reported on Monday.
Germany's anti-trust authority has launched an investigation into Amazon's relationship with third-party traders selling on its site, its head was quoted as saying on Sunday.
Apparel is probably the last thing on your mind these days, and that's fair. When you're largely staying at home over the past five months you don't exactly need to spice up your wardrobe. Even if you happen to be working in public, your social calendar probably isn't what it us