Tag AMZN

Vanguard S&P 500 ETF (NYSE: VOO) is trading higher today. The ETF has the highest exposure to Apple Inc (NASDAQ: AAPL), followed by Microsoft Corp (NASDAQ: MSFT). It has an exposure of ~14% in the stocks combined. It has an exposure of close to 3% in Amazon.Com Inc (NASDAQ: AMZN), its third largest holding after Apple and Microsoft. The ETF has the highest exposure to the technology sector at 27%. VOO saw a net AUM outflow of $(5.08) billion in the last five days versus an inflow of $12.37 billi...

U.S. stock indexes gained on Friday after strong earnings updates from Exxon and Intel dwarfed worries over Amazon's slowdown warning, while economic data bolstered expectations that the Federal Reserve would hike interest rates next week. Exxon Mobil Corp rose 2.2% to hit an all-time high as the energy major reported a record first-quarter profit on rising oil and gas output, aiding a near 2% advance in the S&P energy index...

Shares of image-browsing platform Pinterest (NYSE: PINS) were punished on Friday after the company reported financial results for the first quarter of 2023. At 11:45 a.m. ET, Pinterest stock was down 18%. In Q1, Pinterest had 463 million monthly active users (MAUs), the second-highest number that the company has ever seen during a quarter -- only the first quarter of 2021 was better...

(Bloomberg) -- Amazon.com Inc. failed to provide adequate medical treatment to injured warehouse workers in Castleton, New York, federal workplace safety regulators alleged in their fourth citation against the online retailer this year as part of a widening probe of its operations.Most Read from BloombergHarley-Davidson Says Repo Shortage Is Fueling Credit LossesFed’s Jerome Powell Tricked by Russian Pranksters Posing as ZelenskiyFugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Invo...

Intel stunned skeptical market watchers, breaking out after another weak quarter. Intel shares got sold after the chipmaker reported an expected Q1 loss and lowering Q2 earnings guidance in Thursday's post-market. All eyes were on Amazon at the time, while the megacap soared by double digits in reaction to an upbeat Q1 report...