GameStop fell about 19% on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns about the videogame retailer's ailing business...
Continue ReadingUK labour union GMB said on Thursday that Amazon workers at a warehouse in Coventry will strike for three days in June over a pay dispute...
Continue ReadingWall Street Journal Balancing Profitability and Entertainment: Amazon Considers Launching Ad-Supported Prime Video Tier Amazon.Com Inc (NASDAQ: AMZN) looks to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more entertainment revenue. Advertising has been an area of continued growth for Amazon, growing by 21% year over year to $9.5 billion in the first quarter. Advertisers expressed interest in Amazon offering an ad tier for Prime...
Continue ReadingInvestors have soured on Prologis' shares, but the warehouse REIT continues to push through massive rent increases...
Continue ReadingAmazon could see a return to pre-pandemic profit margins sooner than Wall Street forecasts, said Wells Fargo analyst Ken Gawrelski...
Continue ReadingE-commerce and cloud giant Amazon is trying to do too many things and should scale back, says Bernstein analyst Mark Shmulik. He has an Outperform rating on Amazon stock with a $140 price target...
Continue ReadingAmazon.Com, Inc (NASDAQ: AMZN) looks to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more entertainment revenue. Advertising has been an area of continued growth for Amazon, growing by 21% year over year to $9.5 billion in the first quarter, the Wall Street Journal reports. It is the third-biggest player in terms of digital ad revenue in the U.S. after Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Meta Platforms Inc (NA...
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