'The latest lawsuit against Amazon fulfills the agenda Chair Lina Khan brought to the FTC,' writes Ted Bolema...
Continue ReadingJoe Biden’s competition tsar has accused Amazon of using “punitive and coercive tactics” to lock in businesses and squeeze money from Prime subscribers...
Continue ReadingThe regulator said the e-commerce titan engages in conduct that prevents current competitors from growing and new competitors from emerging...
Continue ReadingIf e-commerce stocks are making a comeback this year, somebody forgot to tell Etsy (NASDAQ: ETSY). While peers like Amazon, Wayfair, and Shopify have seen their stock prices bounce back this year in response to signs that the online retail market is strengthening, Etsy has missed out on the rally. Shares of the online marketplace for crafts and vintage items are down 47% year-to-date, missing out on the broader rally that's sent the Nasdaq Composite up 27%...
Continue ReadingThe company pivoted to a loss in its fourth fiscal quarter, and management warned of continued challenges next year...
Continue ReadingThe giant retailer has waited a surprisingly long time to make the move, but Walmart customers are likely to be very happy about it...
Continue ReadingStock splits don't actually do anything to change the fundamentals of a stock, but they do get investors excited in a way that few other moves do. Often, it's because the price has hit some milestone, and the company believes a single share is too expensive. This is likely a consequence of the momentum the stock had going into the split, and possibly some market psychology since investors will buy the stock-split stock if they believe the split will make it go higher...
Continue ReadingDario and Daniela Amodei left Altman's OpenAI to found Anthropic, and it's attracting huge investments...
Continue ReadingA look at the stocks making headlines on Tuesday...
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