Yahoo Finance Live anchors discuss how Amazon stock is performing after Baupost Group took an additional stake in the company.
(Bloomberg) -- Despite some promising economic signs recently, more tech companies are hitting the pause button on their hiring plans. They’re instituting freezes, rescinding jobs offers and even resorting to layoffs (with one CEO showing his remorse by sobbing on social media).Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedWill Housing Prices Flatten — or Collapse?How the US Toppled the W
If you want to find the next great online retailer, you may want to pack a passport. Coupang (NYSE: CPNG) shares have started to spring back to life, and the South Korean e-tailer is growing faster and doing a few things better than the mighty Amazon (NASDAQ: AMZN).