As we exit the peak period of earnings season, we review the S&P 500 2023 Q1 earnings season in more detail, providing both aggregate and company-level insights...
Continue ReadingAmazon is still the market leader both in e-commerce and cloud computing IaaS markets. Click here to see why I think AMZN stock is a buy at its current price...
Continue ReadingAmazon said Monday it will distribute its original films and TV shows, like “The Marvelous Mrs. Maisel,” to media outlets outside its Prime Video service for the first time. The works will be licensed via a new unit called Amazon MGM Studios Distribution, which expands the number of titles currently offered by Hollywood studio MGM. Last year, the e-commerce-behemoth-turned-media-giant closed its acquisition of MGM — which houses more than 4,000 film titles and 17,000 TV episodes — for $8.5 billion...
Continue ReadingAmazon.com is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand...
Continue ReadingLast year, Amazon Prime Day, which took place on July 12 and 13, was one of the most highly anticipated shopping events of the year. If you enjoyed a host of savings last year during Prime Day, then you may be eager to do the same this year. It's not guaranteed that the items on your Amazon wish list will all go on sale during Prime Day this year, whenever it happens to fall...
Continue ReadingLast year, Amazon Prime Day, a massive two-day shopping event, took place on July 12 and 13. The bad news is that Amazon has yet to announce a date officially. Of course, there's no guarantee that Prime Day will happen in mid-July this year...
Continue ReadingCaleb Silver, Investopedia editor-in-chief, joins 'Fast Money' to break down the results of Investopedia's latest investors survey showing pessimism hitting a 2023 high...
Continue ReadingAmazon had a strong Q1 2023 earnings report with a beat on revenue, but cloud growth concerns were the main theme of concern...
Continue ReadingPayPal lost all of the gains it made over the pandemic just within a year...
Continue ReadingPayPal is a powerhouse in the digital-payment industry with a market valuation of over $85 billion. The company's annual revenue has also seen impressive gains, reaching $27.5 billion in 2022. But the PayPal's performance in the stock market paints a different picture. After reaching new heights during the pandemic, shares have since seen significant losses. In February, PayPal also announced it would lay off 2,000 of its employees. So, what has been causing PayPal's recent struggles?...
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