Tag AMZN

Will the Amazon earnings report show renewed momentum after back-to-back quarters of disappointing results by the e-commerce giant?...

Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America in coming years despite ongoing political turmoil, a senior executive told Reuters. "In the future we plan to invest more and expand our physical presence in Chile, to the extent that customers demand it and need it to meet their needs," Vice President for Latin America Jaime Valles said, declining to comment on any investment figure. AWS's cloud platform offers everything from storage, robotics, artificial intelligence and more than 200 services...

On top of the discounted Prime Day deal, I used a credit card promo to save even more money at checkout. For many shoppers, Prime Day is an excellent time to score deals on products they've been meaning to buy for a while. During Prime Day, Amazon discounted the price to $169.99 -- which is a great deal even by itself...

Back-to-school shopping traditionally serves as a boost in sales for retailers, but what does that look like during inflation?...

Macroeconomic uncertainty has been a headwind for many businesses, but Shopify (NYSE: SHOP) and Coinbase Global (NASDAQ: COIN) have really felt the bite of the bear market. To better manage costs, Coinbase announced in mid-June that it would cut 18% of its workforce, and Shopify followed suit with an announcement yesterday that it would reduce 10% of its own workforce.. To further complicate matters, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating Coinbase on the grounds that it may have allowed investors to trade unregistered securities, causing shares to fall 20% in one day. Coinbase and Shopify are currently 84% and 80% off their highs, respectively...

Shopify is leading global ecommerce infrastructure provider. Once a darling of the stock market, shares have fallen by 75% in 2022 alone...

Microsoft Corp (NASDAQ: MSFT) rallied other big-name cloud-computing providers to urge the U.S. to spread its spending on such services more widely, the Wall Street Journal reports. Microsoft targeted Amazon.com Inc's (NASDAQ: AMZN) dominance in such contracts by the move. The cloud-computing providers approached included Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Oracle Corp (NYSE: ORCL), Vmware, Inc (NYSE: VMW), Dell Technologies Inc (NYSE: DELL), International Business Machines Cor...