Tag AMZN
The stock of e-commerce titan Amazon (NASDAQ: AMZN) sank 14% the day after reporting its results for the first quarter of 2022. The company performed well, particularly in the Amazon Web Services (AWS) segment, but there was a notable drag on its profitability...
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Giant online retailer Amazon.com Inc will end its paid time-off policy for employees with COVID-19 from May 2, the company told U.S.-based staff on Saturday...
Continue ReadingThe U.S.-based staff will now get five days of excused, unpaid leave following a confirmed COVID-19 diagnosis, Amazon told workers in a message it provided to Reuters. "We can continue to safely adjust to our pre-COVID policies," the company said, citing the sustained easing of the pandemic, the availability of vaccines and treatments, and updated public health guidance. The changes come amid a stream of challenges for Amazon after a recent effort to unionize some warehouses...
Continue ReadingAmazon’s latest earnings was historic in all the wrong ways. But it may have had a hand its own troubles...
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Instead, do what I do -- order a cheaper version on Amazon, or see what apparel your local Costco has in stock. It's really not worth spending $30 on a single pair of jeans when you can find similar ones for $12.50 at Target...
Continue ReadingAre investors dead wrong about Teladoc? You might wonder how I can be so certain that investors are wrong about Teladoc. My reasoning is that at least some investors are wrong about every stock that's bought and sold...
Continue ReadingAmazon's stock is still seen as one to own from the big-cap tech sector. Here's why...
Continue ReadingAWS is the strongest part of Amazon, but it's not immune to a deteriorating economic environment...
Continue ReadingLast November, Netflix (NASDAQ: NFLX) launched five mobile games that were directly integrated into its app: Stranger Things: 1984, Stranger Things 3: The Game, Shooting Hoops, Card Blast, and Teeter Up. Over the following six months, Netflix expanded its lineup to 18 games and bought three gaming studios -- Night School Studio, Next Games, and Boss Fight -- to ramp up its production of new games. Netflix's games can be downloaded from Apple's App Store and Alphabet's Google Play, but they can only be accessed by its streaming video subscribers...
Continue ReadingEconomic growth was starting to slow after a solid rebound from early effects of the pandemic in 2021, but Russia's invasion of Ukraine added to that slowdown. The Federal Reserve's promise to aggressively hike interest rates this year in an attempt to fight inflation is only adding to the worry...
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