Dozens of former Google workers filed a complaint with the US National Labor Relations Board on Tuesday after they were fired or placed on administrative leave last month for protesting the company’s cloud-computing contract with Israel’s government...
Continue ReadingHaving a lot of subscription services isn't always a problem. Find out why I'm not going to cancel any of mine, even though I have seven of them...
Continue ReadingSEATTLE, May 01, 2024--Amazon Business (NASDAQ: AMZN), the company’s business-to-business procurement store, today kicked off its third annual Small Business Month to help support the growth of small businesses in the U.S. This year, Small Business Month includes an exciting and interactive new online resource center called Small Business Success Studio [https://business.amazon.com/studio]. The studio provides small businesses with free online educational tools and resources to start, run, and g...
Continue ReadingAlphabet (GOOG) possesses solid growth attributes, which could help it handily outperform the market...
Continue Reading"Our same-day facilities are our least expensive facilities in the network," CEO Andy Jassy said in the first-quarter earnings call...
Continue ReadingAmazon (AMZN) shares rose after the tech giant delivered strong first quarter earnings largely driven by Prime Video ad revenue and its cloud computing business, Amazon Web Services (AWS). However, the tech giant's retail and e-commerce segments lagged behind, as the company's second quarter outlook fell short of Wall Street expectations. Bernstein Internet Equity Research Analyst Mark Shmulik breaks down Amazon's earnings and how the company's generative AI investments are driving significant growth despite weak retail guidance. "When the dust settles on earnings, Amazon's gonna emerge as the cleaner name amongst the 'Mag Seven,'" he tells Brad Smith, adding that its investments in AWS and artificial intelligence speak to "the leverage in the business." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl...
Continue ReadingAmazon's (AMZN) first-quarter results benefit from strength in the AWS, Prime and advertising businesses. Strengthening relationships with third-party sellers act as other tailwinds...
Continue ReadingElon Musk's move to lay off the department responsible for Tesla's electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla's network. Several leaders of Tesla's Supercharger team posted social media messages saying they were told Monday night that entire group of about 500 had been laid off by CEO Musk, who seemed to confirm the move in a posting Tuesday on X, the social media site he now owns...
Continue ReadingPCAR vs. TSLA: Which Stock Is the Better Value Option?...
Continue ReadingAmazon (AMZN) posted its first quarter report on Tuesday, revealing an AI-driven boost in the company's cloud computing growth. Multiple companies — including Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) — have all announced an increase in AI spending in a bid for dominance in tech. Yahoo Finance Tech Editor Dan Howley joins Catalysts to break down Amazon's part in the AI-fueled competition. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino...
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