Big tech has launched a media blitz aimed at derailing one of the most ground-breaking bipartisan bills in the U.S. that would bar tech companies, like Amazon.com Inc, from giving preference to their own businesses on their websites...
Continue ReadingAmazon lambasted the bill on Wednesday saying in a blog post https://www.aboutamazon.com/news/policy-news-views/antitrust-legislation-and-the-unintended-negative-consequences-for-american-consumers-and-small-businesses that the bill "jeopardizes two of the things American consumers love most about Amazon: the vast selection and low prices made possible by opening our store to third-party selling partners, and the promise of fast, free shipping through Amazon Prime." It argued the bill targets one retailer, Amazon, by requiring a market value of at least $550 billion to qualify for regulation, thus excluding Walmart and Target . Democratic Senator Amy Klobuchar and Senator Chuck Grassley, Republican, are lead co-sponsors of the bill...
Continue ReadingShares of Amazon.com Inc. charged higher Wednesday, putting them on track for the best five-day stretch in seven years, as they bucked a selloff in the broader market...
Continue ReadingIn recent history, the Dayton industrial market hasn't experienced demand as high as it was during the first quarter of 2022, according to a new report...
Continue ReadingThe stock market remained volatile on Wednesday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) wasn't able to escape the downward pressure. After rising near the open, the Nasdaq was down nearly 1% as of 1 p.m. ET. Amazon.com (NASDAQ: AMZN) rose as investors look forward to the completion of its long-anticipated stock split later this week...
Continue ReadingSome of a flurry of recently announced splits are nearing completion, with potential consequences for the Dow industrials...
Continue ReadingLet's take a close -- and critical -- look at the dogmatic bullishness for Amazon. I did, and here's what surprised me...
Continue ReadingA major sell-side firm told clients Wednesday that Amazon remained their best E-commerce idea. In our last review of AMZN on May 12, we wrote that "AMZN has been hit hard and a temporary rebound could happen at any time but the bigger picture suggests that further declines are possible in the months ahead...
Continue ReadingYahoo Finance Live anchors discuss the stock market's performance after JPMorgan's Dimon warns of significant risks to the U.S. economy...
Continue ReadingCould these software stocks be a good add to your portfolio?...
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