|Day's range||85.80 - 85.85|
GameStop fires CEO Matt Furlong, CNN CEO Chris Licht steps down, and Bernstein Analyst Mark Shmulik sends an open letter to Amazon CEO Andy Jassy urging the company to refocus. Yahoo Finance Live breaks down some of the top stories of the day.
Amazon has investments in everything from health care to grocery stores. But is it becoming too much? In an open letter to Amazon CEO Andy Jassy, Bernstein Internet Research Analyst Mark Shmulik urges to leadership to pare down on some investments and re-focus on others, like its media business.
Amazon Web Services announced their large scale simulation system is now available for government clients. AWS Worldwide Public Sector Vice President Max Peterson sits down with Yahoo Finance's Dan Howley to expand on how AWS is capitalizing on generative AI.
Graduation season can flood you with stress. If you're concerned about gift-giving costs, here's how to keep your finances under control.
In this video, I will talk about Roku (NASDAQ: ROKU) and why the recent Amazon announcement and a couple of Netflix upgrades helped the stock pop recently. *Stock prices used were from the trading day of June 7, 2023.
Investors have soured on Prologis' shares, but the warehouse REIT continues to push through massive rent increases.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
These companies are excellent long-term options thanks to their solid positions in two crucial markets.
Apple (NASDAQ: AAPL) is the largest company in the world today with a $2.9 trillion market capitalization. In dollar terms, an investment of $1,000 in Apple stock at its IPO would be worth over $1.8 million today! Companies developing electric vehicles (EVs), artificial intelligence (AI), and cybersecurity could be the best candidates.
Take Amazon (NASDAQ: AMZN), for example; its stock fell 50% in 2022 and has now risen about 45% in 2023. Its online stores revolutionized how consumers shop and how quickly packages are delivered, but Amazon is much bigger than that. While Amazon is known for the products it sells, this business isn't growing, as it was flat in Q1.
Microsoft co-founder Bill Gates remains bullish on tech and what artificial intelligence (AI) could do for the world. To say he thinks it could improve things for businesses and individuals is an understatement. Will people never need Amazon's site again?
Just think of it as Amazon trying to make sure you have plenty of breaktime during your favorite shows to, you know, grab a snack, use the...
The entertainment world is all about streaming video these days, and some promising news about that technology pushed Paramount Global's (NASDAQ: PARA) stock higher on Hump Day. In an article covering Amazon's (NASDAQ: AMZN) plan to offer an ad-supported version of its Prime Video streaming service, The Wall Street Journal said that Paramount could deepen its relationship with the monster retailer. Citing "people familiar with the situation," Paramount is currently in discussions with Amazon to add the ad-supported tier of its own streamer (Paramount+) to Prime Video.
Shares of Roku (NASDAQ: ROKU) were surging today even as there was no major news out on the leading streaming distribution platform. Instead, investors seemed to be reacting to a number of smaller news items, including that Amazon was planning to launch an ad-based tier for Prime Video. As of 1:52 p.m. ET, Roku stock was up 11.6% as of 1:53 p.m. ET.
Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher Wednesday, defying the broader market downturn and spiking as much as 11%. The catalyst that sent the artificial intelligence (AI) and data mining specialist higher was the company's latest deal, which marks the third such announcement this week. Palantir announced a new multi-year partnership to bring "smart factory" technology to Panasonic's (OTC: PCRFY) manufacturing facility in Nevada.
Affirm shares jumped on Wednesday after the company's buy now, pay later service was added as an option for U.S. merchants who use Amazon Pay.
Wednesday's announcement with Amazon brought welcome reprieve to Affirm shares which have been beaten down heavily as investors question how many companies will be winners in the buy-now-pay-later space as Apple gets involved.
(Bloomberg) -- Amazon.com Inc. will allow eligible US retailers using the online retail giant’s Amazon Pay service to offer Affirm Holdings Inc.’s buy now, pay later product under a new agreement between the two companies.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023Tech Stocks Sputter as Traders Consider July Hike: Markets WrapFlights to LaGuardia Airport Grounded as Smoke Blankets NYCDam Destroyed in the Dead of Night Upstages Ukraine’s Counteroffens
A strong U.S. consumer signals a bright future for these three attractively valued industry leaders.
Dish Network (NASDAQ: DISH) is reportedly partnering with Amazon (NASDAQ: AMZN) in order to get into 5G cellular plans. Could this be an expansion of Prime or a new product line from Amazon? In this video, Travis Hoium covers what we know so far and how old this partnership is.
This ad tech firm has a history of double-digit revenue growth, but is now confronted with a downturn in the advertising industry.