Amazon (AMZN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations...
Continue ReadingCurrent fundamentals show weakness, including insider activity selling Amazon over the last few months. Click here to read my technical analysis of AMZN stock...
Continue ReadingThe brand is a tried and tested IndyBest favourite too - bag this bargain while stocks last...
Continue ReadingThe stock split mania that took over the stock market this summer has subsided, but that doesn't mean there aren't new stock splits on the horizon. Whenever a single stock price hits the four-digit mark, investors begin to wonder if a split is coming. A high price may be a barrier to entry for investors whose brokerages don't offer fractional shares, and it may act as a deterrent nonetheless...
Continue ReadingAmazon.com, Inc (NASDAQ: AMZN) faced a U.K. class-action lawsuit for allegedly using a “secretive and self-favoring algorithm” algorithm to abuse its dominant position in the online marketplace. Amazon used the algorithm to ensure that the Buy Box nearly always features goods sold directly by Amazon itself or by third-party retailers who pay hefty storage and delivery fees to Amazon, Hausfeld alleged. Amazon has breached competition law and caused millions of U.K. customers to pay higher prices...
Continue ReadingAmazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favouring its own products, lawyers said...
Continue ReadingAmazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favouring its own products, lawyers said. Consumer rights advocate Julie Hunter plans to bring the collective action on behalf of British consumers who have made purchases on Amazon since October 2016, lawyers representing her said. The proposed case - which Amazon said was "without merit" - would be the latest mass action against a tech giant to be filed at London’s Competition Appeal Tribunal (CAT)...
Continue ReadingAmazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1 billion) over allegations the online marketplace abused its dominant position by favouring its own products, lawyers said. Consumer rights advocate Julie Hunter plans to bring the collective action on behalf of British consumers who have made purchases on Amazon since October 2016, lawyers representing her said. The proposed case - which Amazon said was "without merit" - would be the latest mass action against a tech giant to be filed at London’s Competition Appeal Tribunal (CAT)...
Continue ReadingFor many months now, tech companies have been preparing for the economic downturn to worsen. The CEOs of various tech flagships have thus warned against what Facebook's Chief Executive Mark Zuckerberg called the "one of the worst downturns that we've seen in recent history." For the first time since its creation in 2004, Facebook, now known as Meta Platforms , will downsize...
Continue ReadingRTH has corrected by 18% this year, but its valuations still look pricey given the earnings potential on offer. See why I donât believe RTH offers good value...
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