The sides weren’t able to reach an agreement on final lease terms and decided to mutually conclude the process, the Port Authority of New York and New Jersey said...
Continue ReadingEU antitrust regulators are investigating the video licensing policy of the Alliance for Open Media (AOM), whose members include Alphabet unit Google, Amazon, Apple and Meta, the European Commission said on Thursday...
Continue ReadingWhat happened The stock of Rivian Automotive (NASDAQ: RIVN) is on fire. Shares have soared more than 23% in just the past three days. That includes today's gain of 6.7%, as of 3 p.m. ET. So what The surge reverses an 18% drop in the month of June and represents a kind of sigh of relief from investors...
Continue ReadingShares of Amazon.com Inc. rallied 2.0% in afternoon trading Thursday, putting them on track to close above its 50-day moving average (DMA), which many chart watchers view as a short-term trend tracker, for the first time since April 19. The 50-DMA came in at $114.65 on Thursday according to FactSet, the lowest reading for the trend tracker since June 4, 2020. The ecommerce and cloud giant's stock traded briefly above the 50-DMA on Wednesday intraday, but closed below it. While that's an upbeat t...
Continue ReadingHypergrowth tech stocks led last year’s market to all-time highs. In 2022, the same companies proved to be a lucrative trade again – but this time, among short sellers...
Continue ReadingEU antitrust regulators are investigating the video licensing policy of the Alliance for Open Media (AOM), whose members include Alphabet unit Google, Amazon, Apple and Meta, the European Commission said on Thursday...
Continue Reading(Bloomberg) -- Amazon.com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility at Newark Liberty International Airport, a project that local activists had criticized.Most Read from BloombergUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008Tycoon Whose Bet Broke the Nickel Market Walks Away a BillionaireNetflix to Stream Johnny Depp’s Return to Film in FranceMusk Tweets About Underpopulation After Report He Fathered Twins With EmployeeBoris...
Continue ReadingThe stock fell on Wednesday following news that Amazon had made a deal with Grubhub's parent company to offer U.S. Prime members a free Grubhub+ membership...
Continue ReadingAmazon.com Inc.’s newest grocery store opened in Crystal City on Thursday morning. The new Amazon Fresh store at 1550 Crystal Dr. occupies roughly 16,000 square feet, an Amazon (NASDAQ: AMZN) spokeswoman said...
Continue ReadingAmerica's Frontier Fund CEO Gilman Louie joins Yahoo Finance Live to discuss U.S. tech leadership, chip shortages, inflation, and the outlook for tech dominance...
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