(Bloomberg) -- Amazon.com Inc. is giving the market back what Meta Platforms Inc. just took away -- or at least some of it. Most Read from BloombergMeta Erases $251 Billion in Value, Biggest Wipeout in HistorySpotify’s Problems Grow as More Artists Join BoycottGiuliani’s ‘Masked Singer’ Cameo Reportedly Prompts Walk OffMeta Faces Historic Stock Rout After Facebook Growth StalledZuckerberg Tells Staff to Focus on Video Products as Meta’s Stock PlungesThe e-commerce giant is poised to add nearly $...
Continue ReadingMark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon's blockbuster earnings...
Continue ReadingAfter a horrible day on Wall Street, after-hours news from the e-commerce giant has investors feeling more optimistic...
Continue ReadingFollowing Amazon's solid F4Q21 results, we are buyers of shares here. We expect many large-cap investors soured by FB blowout to rotate into AMZN...
Continue ReadingAmazon.com Inc on Thursday said it was raising the price of its annual U.S. Prime subscriptions by 17%, as it looks to offset higher costs for shipping and wages that it expects to persist this year...
Continue ReadingFutures rebounded as Amazon and Snap surged overnight after Facebook crashed. The jobs report is on tap...
Continue ReadingAmazon forecasts lower guidance than expected for the first quarter, but investors are still pumped. Prime is also getting a $20 price bump, and physical fashion retail gets ready...
Continue Reading(Bloomberg) -- Yes the market got shanked Thursday, and yes Mark Zuckerberg just saw his personal wealth reduced by an amount roughly equal to Consolidated Edison. But none of it amounted to a repudiation of risk-taking at the peak of earnings season. Most Read from BloombergMeta Erases $251 Billion in Value, Biggest Wipeout in HistorySpotify’s Problems Grow as More Artists Join BoycottGiuliani’s ‘Masked Singer’ Cameo Reportedly Prompts Walk OffMeta Faces Historic Stock Rout After Facebook Growt...
Continue ReadingAmazon.com Inc. is increasing the price of its Prime subscription service for the first time since 2018...
Continue ReadingAmazon.com 's huge earnings beat was mostly driven by gains on its Rivian Automotive holdings. Ford Motors owns Rivian stock too. Ford shares didn't get the Rivian bounce Amazon stock did...
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