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Sector Update: Tech Stocks Fall Wednesday Afternoon

Tech stocks fell Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 1...

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AMZN

Beyond Meat Soars After MEME ETF Inclusion Sparks Short Squeeze

Beyond Meat Inc‘s (NASDAQ:BYND) amazing rally this week points to the increasing power of thematic ETFs to propel near-term market action, especially when retail sentiment and ETF flows intersect. Shares of Beyond Meat jumped 127% on Monday and 146% .....

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AMZN

Amazon Just Suffered a Major AWS Outage. Does It Even Matter for AMZN Stock?

The outage's core issues were addressed within three hours, and AMZN stock's price chart barely budged...

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AMZN

ALSO Unveils New Suite of Electric Micromobility Vehicles to Reimagine Local Transportation

ALSO, the Palo Alto, CA-based, vertically integrated electric micromobility company, today unveiled its initial lineup of electric vehicles all designed to support the mission of reshaping the way people and businesses move — especially on short, local trips. The debut includes its groundbreaking TM-B bikes, two new four-wheel consumer and commercial quads, and a next-generation connected helmet. To best support its customers, ALSO is launching with a powerful network of partners including Rivia...

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AMZN

Amazon Testing New Warehouse Robots and AI Tools for Workers

Amazon.com is building an e-commerce fulfillment business where humans are more efficient and less necessary, thanks to artificial intelligence and robots...

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AMZN GOOGL TSLA

US Equity Indexes Decline as Investors Pare Risk Ahead of Tesla’s Quarterly Results

US equity indexes fell as investors, weighing Netflix's (NFLX) disappointing earnings, took a breath...

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AMZN

Amazon employees will soon suffer from alarming workplace trend

Amazon, which has asserted its dominance in retail and the tech industry with its cloud computing services, has turned heads this year with dramatic workforce changes as it invests billions into artificial intelligence. In January, Amazon ordered its corporate workforce to return to working in .....

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AMZN

Cyber Attacks on Shoe Retailers, Fashion Brands Expected to Rise Amid Several Online Outages

Online outages this week have some cyber security experts reminding retailers to be more vigilant as hackers and ransomware attacks are on the rise...

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AMZN

AWS Outage: Why Amazon Stock Didn’t Take A Hit From Cloud Crash

Amazon started off the week racing to fix a massive cloud outage that drove errors for users of apps from McDonald's to Robinhood Markets. Despite the AWS meltdown, Amazon stock is poised to end the week with a modest gain. The gains Monday came even as the extent of its Amazon Web Services outage became clear early that morning and set off cascading problems across the broader internet throughout the day...

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AMZN

Dollar Dominance Gets a Crypto Boost—JPMorgan Says Stablecoins Could Drive $1.4 Trillion in New Demand by 2027

The narrative that crypto threatens the U.S. dollar’s global supremacy just took a major hit. In a striking reversal of conventional wisdom, JPMorgan Chase Co. (NYSE:JPM) analysts predict stablecoins could actually reinforce dollar dominance by .....

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