Amazon's (NASDAQ: AMZN) stock has fallen roughly 47% year to date and trades down 52% from its lifetime high. Meanwhile, Latin-American e-commerce leader MercadoLibre's (NASDAQ: MELI) share price has fallen 36% year to date and is down 52% from its peak level. Both Amazon and MercadoLibre have strengths that potentially set the stage for market-crushing returns, but which of these category-leading online retail companies will go on to deliver better returns for investors?...
Continue ReadingA French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party sellers by the deadline it set, the watchdog said on Wednesday...
Continue ReadingA French watchdog has ordered U.S. e-commerce giant Amazon.com to pay 3.3 million euros ($3.5 million) in penalties for failing to modify contractual provisions related to third-party sellers by the deadline it set, the watchdog said on Wednesday. France's DGCCRF consumer fraud watchdog said in a statement Amazon had been ordered to make the changes, aimed at correcting imbalances in contractual terms between Amazon's online marketplace and third-party sellers, by March 22. Amazon had complied with DGCCRF's orders a month later, on April 28, the watchdog said, which led to penalties equivalent to 90,000 euros per day of delay...
Continue ReadingIt seems like the World was a different place the last time Amazon was at $88. Click here to read my analysis of AMZN stock...
Continue ReadingMagnite, Inc. could be a huge beneficiary of the trend in streaming content toward ad-supported business models. Click here to read my analysis of MGNI stock...
Continue ReadingThis Latin American juggernaut continues to outperform, despite significant headwinds from a terrible economy...
Continue ReadingOpen AI released its Open AI Chat conversational AI assistant last week. Read more to know if AI Chatbots can be a threat to Google Search...
Continue ReadingThough 2022 was a pretty IPO-less year, 2023 could signal a comeback in the tech IPO market, one analyst said...
Continue ReadingA broad cross-section of stocks tumbled again on Tuesday as market watchers focused on the Federal Reserve Bank's ongoing battle against inflation. Over the past several days, a couple of strong economic reports have increased concerns about the trajectory of an already overheated economy. With that as a backdrop, shares of Amazon (NASDAQ: AMZN) fell 2%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) tumbled 2.4%, and Shopify (NYSE: SHOP) had slumped 4% as of 12:19 p.m. ET...
Continue ReadingWarner Bros. Discovery, Inc (NASDAQ: WBD) will once again sell HBO Max through Amazon Prime to lure millions of new subscribers to its flagship streaming service. Amazon.com Inc (NASDAQ: AMZN) customers can sign up for HBO Max through the retailer's store for online video channels and watch its programs within Amazon's primary streaming service. The deal also covers Warner Bros. Discovery's new streaming service that will combine HBO Max with Discovery's other assets. Also Read: Warner Bros Disc...
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