Shares of Amazon.com Inc. AMZN, +2.14% bounced 1.1% in premarket trading Friday, which for now puts them on track to snap a seven-session losing streak, which was the longest since Read more
Tag: Amazon
Apple reportedly pauses hiring for many roles, joining Amazon in belt-tightening
Apple Inc. reportedly has put a pause on hiring for positions that aren’t in research and development, joining a string of other tech companies that are scaling back their once-robust Read more
Apple now valued at more than Amazon, Alphabet and Meta — combined
Market-cap prices have been updated to trillions, not billions. Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s Read more
Amazon closes below $1 trillion valuation for the first time since 2020
The swift recent decline in Amazon.com Inc.’s stock has brought the company’s closing market value below $1 trillion for the first time in more than two years. Amazon shares AMZN, Read more
Amazon at risk of closing below $1 trillion valuation for the first time since 2020
The swift recent decline in Amazon.com Inc.’s stock could bring the company’s closing market value below $1 trillion for the first time in more than two years. Amazon shares AMZN, Read more
Amazon to let Prime members listen to 100 million songs ad-free
As Apple Inc. raises prices on its streaming music service and Spotify Technology SA teases a similar move, Amazon.com Inc. is going in a different direction. The e-commerce giant announced Read more
Opinion: Here’s what’s worth streaming in November 2022: ‘The Crown,’ ‘Willow,’ ‘Mythic Quest’ and more
So here’s some bad news and some, well, slightly less bad news. First, the bad-bad: Streaming prices are increasing almost across the board (Hulu and Apple TV+ rose in October, Read more
Opinion: As subscription prices rise, here’s what’s worth streaming in November 2022
So here’s some bad news and some, well, slightly less bad news. First, the bad-bad: Streaming prices are increasing almost across the board (Hulu and Apple TV+ rose in October, Read more
Opinion: A $3 trillion loss: Big Tech’s horrible year is getting worse
Big Tech companies are taking a heavy beating this week, to the tune of more than $255 billion in lost market capitalization that’s helped make a bad year even worse Read more
Tech set to drive losses on Wall Street after Amazon adds to batch of disappointing results
U.S. stock futures were poised for losses on Friday, after Amazon.com Inc. added to a batch of disappointing results from big names in the tech sector. Investors were also waiting Read more