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The buy-now-pay-later company has been adding new customers at a rapid clip, but its funding costs have also increased over the past year...
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Amazon's strong results were driven by a powerful rebound in the e-commerce segment. Read why we may see a continuation of the AMZN stock rally in 2024...
Continue ReadingHere's what could happen next to Ford shares next...
Continue ReadingFast-fashion company Shein and TikTok’s shopping unit are expanding in Amazon.com territory, seeking to poach Amazon’s employees and building out workspaces in the same Seattle-area office tower. The two companies are bolstering their staff at a 22-story tower near Seattle known as the Key Center, and both are recruiting current and former Amazon employees as they expand their U.S. logistics and supply-chain operations. The move into Amazon’s home city represents a new front in what has quickly grown into one of the tech giant’s greatest retail threats...
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A federal judge on Wednesday dismissed a lawsuit accusing Apple of overpaying Chief Executive Tim Cook and other top executives by tens of millions of dollars by miscalculating the value of performance-based stock awards. U.S. District Judge Jennifer Rochon in Manhattan said the iPhone maker described its pay methods in detailed compensation tables in its 2023 proxy statement, "precisely" as securities laws and U.S. Securities and Exchange Commission rules require. Rochon also found no proof that Apple's board of directors acted improperly in awarding pay, and said the plaintiff, a pension fund affiliated with the International Brotherhood of Teamsters, did not give the board enough time to consider its objections before suing...
Continue ReadingMicrosoft's Activision Blizzard acquisition has had minimal impact on its balance sheet due to its liquidity. Find out why MSFT stock is a Buy...
Continue ReadingMega-cap tech stocks continue to lead the market...
Continue ReadingWilliam Von Mueffling's 13F portfolio value increased 11% to $14.97B this quarter. Check out more about Cantillon's holdings and trades for Q4 2023...
Continue ReadingCirrus Logic's stock jumps, but the real story is behind the numbers. The chip designer is unfolding a more diverse strategy...
Continue ReadingA report that Tesla is asking managers whether their subordinates' jobs are "critical" has sparked fears among the EV giant's employees that layoffs could be on the way...
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