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Continue ReadingShares of Apple Inc. fell about 1% Friday after reports indicated iPhone sales during China’s 2023 Singles Day shopping event fell about 4% from last year...
Continue ReadingAmazon looks like it might be getting a Black Friday deal of its own. The news resuscitated hopes for a deal investors have [long relegated to the dustbin](https://www.wsj.com/articles/amazons-roomba-deal-keeps-getting-messier-73f09651): iRobot’s shares have averaged a 24% discount to Amazon’s offer price since the [deal was first announced](https://www.wsj.com/articles/amazon-buying-roomba-maker-irobot-for-1-7-billion-11659702187?mod=article_inline) in August of 2022...
Continue ReadingShares of iRobot (IRBT), maker of the Roomba vacuum, jumped Friday morning on a Reuters report indicating European Union regulators are likely to approve Amazon's (AMZN) $1.7 billion acquisition bid. Sources told Reuters the deal will meet competition requirements following an in-depth antitrust investigation. Yahoo Finance's Tech Editor Dan Howley breaks down the details, providing insights into how Amazon could look to leverage iRobot's data to improve the intelligence of Alexa devices if the deal closes. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingIn Europe, Amazon (AMZN) union workers are striking on Black Friday, demanding pay increases and better working conditions. The "Make Amazon Pay" campaign also wants the e-commerce giant to pay more in taxes and operate more sustainably. Yahoo Finance Live breaks down the union's demands. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingAs the holiday season begins, people are ramping up their shopping lists ahead of Christmas. With the Federal Reserve holding the benchmark interest rates steady, overall spending levels are expected to remain robust in the upcoming months as people gear up for major sale days such as Black Friday or Boxing Day. The National Retail Federation (NRF) expects total sales in November and December to rise by 3% to 4% year over year, in line with the average holiday spending growth rate of 3.6% betwee...
Continue ReadingTesla CEO Elon Musk (TSLA) says it is "insane" how a strike that started with seven repair shops has started to spread in the country, with postal workers now refusing to deliver to Tesla offices. This strike is on the heels of discussion by UAW President Shawn Fain to target Tesla next. Yahoo Finance’s Seana Smith and Brad Smith report on this story and the ripple effects this strike will have throughout Europe. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe stock market rally continued to ascend in a holiday-shortened week, with the major indexes now moving toward 2023 highs. The big-cap Nasdaq 100 has already done so. Nvidia (NVDA) reported blowout earnings and guidance yet again, but shares pulled back. Sam Altman returned to Microsoft-backed OpenAI less than a week after the board ousted him. Abercrombie & Fitch (ANF).....
Continue ReadingKuxiu has several travel charger options for powering your iPhone, AirPods, and Apple Watch that look great and fold to fit for storage...
Continue Reading(Bloomberg) -- iRobot Corp., the vacuum-cleaner maker that Amazon.com Inc. is proposing to buy in a billion-dollar deal, soared by the most in nearly three years on a report that European Union regulators plan to clear the merger.Most Read from BloombergOpenAI Engineers Earning $800,000 a Year Turn Rare Skillset Into LeverageXi Tolerance for Property Pain Nears Limit as Rescue EmergesHamas Releases 24 Hostages From Gaza After Israel Truce DealTreasuries Fall as Rally Shows Signs of Exhaustion: M...
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