Tag AMZN

3Q23 quarterly retail e-commerce report will be released on November 17, but signs point to growth...

Auto retail disruption: Amazon partners with Hyundai to sell cars online. ChargePoint plummets on CEO replacement, preliminary Q3 results. Applied Materials under criminal investigation...

After Target Corporation (NYSE: TGT) posted a significant earnings gain but also left out the ‘drum rolls’ from its holiday quarter outlook, Walmart Inc (NYSE: WMT) also topped third quarter earnings and revenue estimates along with giving out a cautious guidance. Upon the report, Walmart shares tanked more than 7% during morning trading despite the retail giant making money in new ways such as through selling ads and its Walmart+ membership with which it is challenging no other than the e-comme...

Amazon is about to add cars and SUVs to the huge roster of things it sells online. People will be able to shop for Hyundai vehicles on Amazon through an agreement with the South Korean automaker...

Shares of Sea Limited (NYSE: SE) were taking a dive this week after the diversified Southeast Asian tech company posted disappointing results in its third-quarter earnings report. Sea, which operates as an online gaming, e-commerce, and digital payments company, posted a surprise loss in the quarter, adding to concerns about a lack of financial discipline. Like other fast-growing tech stocks, Sea was a big winner during the pandemic, but since then, the stock has come crashing down as growth has slowed and losses have persisted, and the third quarter did little to change that narrative...

Amazon (ticker: AMZN) said Thursday that it will begin online sales of vehicles next year. The car maker named Amazon Web Services as its preferred cloud-computing provider to facilitate the online transformation. “Amazon is the ideal partner to help realize our vision of progress for humanity, including improving how people and goods move more efficiently and sustainably,” Hyundai Chief Executive Jaehoon Chang said in the news release...

Shares of online car sellers including Cars.com, CarMax, Carvana, and other online auto sellers tumbled on Thursday after Amazon announced the online retailer would sell cars starting in 2024...

A fight for the AFC North...