Tag: Amazon.com Inc
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Etsy laying off 12% of staff in bid to streamline business, position for growth
Etsy announced the layoffs along with second-quarter earnings.
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The earnings boom is only getting stronger. Here’s what that means
The S&P 500 is now on track to deliver second-quarter earnings growth of 47%, according to FactSet data.
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Amazon’s Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
It’s the company’s first commercial market after Zoox started offering free rides to the public in parts of Las Vegas and San Francisco less than a year ago.
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SpaceX’s AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX’s IPO, executives tried to make the case that hefty AI investments are paying off within a year.
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The S&P 500 is back at all-time highs, but technical analysts are eyeing this key level
The broad market index will have to close decisively above the 7,620 resistance level to confirm a breakout.
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Stocks making the biggest moves midday: Palantir, Amazon, SpaceX, Sandisk, Snap & more
Here are some of the companies making headlines in midday trading.
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We’re buying more of a data-center supplier that is recovering from a nasty sell-off
We upgraded our rating on the stock last week.
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New Jersey sues Amazon on antitrust grounds, alleging it unlawfully wielded its power over delivery contractors
The complaint alleges Amazon’s third-party delivery model leads to lower wages, unfair working conditions and a lack of competition.
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Jeff Bezos just filed to sell $4 billion in Amazon. The shares are falling
The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week’s quarterly results.
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Palantir earnings, McDonald’s new U.S. head, tiny ‘cars’ and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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