Tag AMZN

The Dow Jones Industrial Average and S&P 500 closed lower, clinching their worst daily performance in nearly a month on Tuesday as anxieties about a looming Federal Reserve decision and a flurry of big-tech earnings undercut stocks. The Dow Jones Industrial Average (DJIA) fell 228.50 points, or 0.7%, to end at 31,761.54, its largest one-day point and percentage decline since June 30, according to Dow Jones Market Data. The Nasdaq Composite (COMP) lost 220.09 points, or 1.9%, to finish at 11,562.57, ending lower for third straight day...

Amazon has given it a try with its Amazon Go and Amazon Fresh. Amazon Go operates with no cashiers or self-checkout stations, and instead the average shopper walks in, picks up items, puts them in their shopping cart, and walks out. The charge is automatically applied in their Amazon Go app (which is linked to one's Amazon account) through cameras and weight sensors...

Yahoo Finance Live's Seana Smith checks out the declines seen across markets, sectors, and Nasdaq leaders ahead of the closing bell...

Even recessions come in different flavors...

U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending. Walmart shares sank after the retailer cut its full-year profit forecast late on Monday...

Things are turning sour for Alibaba in the US: its blockbuster listing there in 2014 could now become a liability, while it is struggling to make ecommerce inroads with American businesses. It has hardly been easier for it in China under a tech crackdown by the government, but today it reached out to private investors there, with its board authorising management to apply for a primary listing on the Hong Kong Stock Exchange. At present, it has a secondary listing, but the move will mean a dual-primary listing, alongside its New York one...

United Parcel Service on Tuesday said it will not lift the number of packages it delivers for Amazon.com, its biggest customer, as it focuses on shipments with the highest financial returns...