(Bloomberg) -- Amazon.com Inc.’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that the e-commerce giant is adjusting to slackening demand. Most Read from BloombergHome-Flipper Opendoor Hit With Losses in Echo of Zillow CollapseSouthwest Mexico Struck by 7.5 Magnitude Earthquake, Buildings Sway in CapitalTycoon's Wild $3 Billion Gamble on ‘China's LVMH’ CrashesMark Zuckerberg’s $71 Billion Wealth Wipeout Puts Focus on Meta’s WoesFrustrated and Snub...
Continue ReadingSigns are emerging that the pain in growth stocks is almost over. Investors may need to endure a bit more pain, but it isn't a bad idea to start scooping up shares...
Continue ReadingThe agency wants to take a closer look at Amazon's $1.7 billion takeover of Roomba maker iRobot Corp. (Nasdaq: IRBT), delaying an acquisition process that has no expected closing date in sight...
Continue ReadingThe U.S. Federal Trade Commission (FTC) has asked Amazon.com Inc and iRobot Corp for more information on the e-commerce giant's $1.7-billion buyout of the Roomba vacuum maker...
Continue ReadingWe discuss why we are confident that TDOC has already bottomed out and why its reward-to-risk profile is attractive at the current levels. Read more here...
Continue ReadingAmazon was one of the first and largest investments in Nomad Partnership's Fund. Click here to read my analysis why I think AMZN stock is still a buy...
Continue ReadingWith strong demand, mammoth partnerships, a robust balance sheet and production ramp, Rivian is an EV powerhouse. And Rivian stock will fly...
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Continue ReadingU.S. Spotify users will now be able to purchase and listen to more than 300,000 different audiobook titles, the company announced Tuesday...
Continue ReadingThe Federal Trade Commission has requested additional information and documentary materials from Amazon.com Inc. and Roomba parent iRobot Corp. relating to their planned merger, according to a regulatory filing on Tuesday. The companies expect to promptly respond to the request, which will extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act until 30 days after they have complied. Amazon announced plans to acquire iRobot for $61 a share in cash in August, in a de...
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