Amazon’s (AMZN) latest quarterly report was marred by the rising costs related to operational issues. Namely, the investments the company has made in both expanding the workforce and building out fulfillment capacity – with the ecommerce giant now having an excess of both. It has been suggested that on top of being hit with increasingly difficult macro conditions, Amazon misjudged the waning demand in a post-pandemic world. However, Evercore analyst Mark Mahaney seems more confident after hostin...
Continue ReadingAmazon will begin trading on a 20-for-1 split adjusted basis Monday, with investors pegging its opening bell price at around $125 per share...
Continue ReadingThe S&P 500 and the Nasdaq rose on Monday, recovering some losses suffered last week as investors bought into heavyweights Apple and Amazon.com, while Twitter dropped after Elon Musk threatened to walk away from his $44 billion buyout deal...
Continue Reading* Indexes up: Dow 0.08%, S&P 0.31%, Nasdaq 0.22% (Adds comment, details; updates prices)...
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Continue ReadingAmazon's (AMZN) stock popped more than 4% during its first day of trading since splitting its shares 20-for-1...
Continue ReadingWarner Bros. Discovery's negative price action has nothing to do with fundamentals. Insider buying confirms Discovery is undervalued. See more on WBD stock here...
Continue ReadingToday is the first trading day following Amazon’s (AMZN) 20-for-1 stock split that the company announced on March 9...
Continue ReadingPre-market futures are buoyant, though it's unclear whether these news items are at all responsible...
Continue ReadingYahoo Finance reporter Ines Ferre looks at some of the biggest names in the green and also details Elliott Management's lawsuit against LME over suspending nickel trading in March...
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