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The outlook for these e-commerce players is strengthening and this should remain a viable space to invest in for 2023 and beyond...
Continue ReadingMARKETS MAIN The Score is a weekly review of the biggest stock moves and the news that drove them. Yellow Two stocks made meteoric moves reminiscent of meme-stock rallies. Yellow shares surged 149% Monday, a day after the 99-year old U...
Continue ReadingWall Street closed lower on Friday after a report of slowing U.S. labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple. Apple's shares fell 4.8%, its biggest daily percentage decline since Sept. 29, 2022 that dented the S&P 500 by about 16 points the day after the iPhone maker forecast a continued slide in sales. A partial counterweight to Apple for the S&P 500 and Nasdaq was Amazon.com...
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E-commerce and cloud-computing leader Amazon.com has much to prove as it attempts to regain its mojo...
Continue ReadingIf you had the opportunity to go back and buy Amazon stock, almost any investor would take it. Well, you can't do that without a time machine, but you can buy another stock that bears a striking resemblance to where Amazon was a decade or so ago. Like Amazon, MercaodLibre started as a direct online retailer and has expanded from there into a wide range of businesses, including logistics, a third-party marketplace, digital payments, financing, and advertising...
Continue ReadingAmazon.com shares finished Friday sharply higher, with the mega-cap's gains helping to support a drooping S&P 500. The e-commerce giant rose over 8%— adding more than $100 billion in market cap, according to Dow Jones Market Data— after [reporting quarterly earnings](https://www...
Continue ReadingApple sales fall 1% in the fiscal third quarter and the iPhone giant says it expects a similar performance in the current period, Amazon beats earnings expectations and issues better-than-expected guidance, and Icahn Enterprises slashes its quarterly dividend...
Continue ReadingAmazon (AMZN) delivers its best quarter since February 2021. Booking Holdings (BKNG) stock jumps after reporting a 27% increase in year-over-year revenue. Coinbase (COIN) shares slide after its trading revenue plunges by 50 percent. Yahoo Finance Live's Akiko Fujita and Diane King Hall discuss the trending stocks...
Continue ReadingWhile the main benchmarks made modest moves after the monthly jobs report, AMZN stock popped on impressive earnings and an upbeat outlook. Friday marked another lackluster reaction from stocks to a key economic report, though this morning's weaker-than-expected jobs data put more support behind a pause at the next Fed meeting. Still, while the main benchmarks made modest moves, there were plenty of fireworks among single stocks – including in Amazon.com (AMZN), which spiked on a solid earnings r...
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