Estimated read time 12 min read
Stock Market News

Amazon says the ‘magic words.’ They spurred a $130 billion market-cap boost.

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Three months back, Amazon.com Inc. executives sent investors scrambling for their dictionaries as they called out “attenuating” — or lessening —pressures on the AWS cloud-computing [Read more about this post…]

Estimated read time 10 min read
Stock Market News

Amazon’s big earnings beat and upbeat cloud talk send its stock soaring

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Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing [Read more about this post…]

Estimated read time 8 min read
Stock Market News

Universal Music warns it’ll pull songs off TikTok after licensing deal expires

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Universal Music Group, which represents megastars such as Taylor Swift, Bad Bunny and Drake, is warning it will pull its songs from TikTok after failing [Read more about this post…]

Estimated read time 21 min read
Stock Market News

Even Cloudflare’s CEO says that viral firing video is ‘painful’

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A tech employee’s recording of the meeting firing her from a sales role at Cloudflare NET, -1.79% has spurred criticism of the company — and [Read more about this post…]

Estimated read time 6 min read
Stock Market News

NetEase, Tencent shares rebound after China voices support for gaming industry

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Recently beaten-down China online gaming stocks rebounded on Wednesday as Hong Kong markets reopened after a holiday to news of a more conciliatory tone on [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Nvidia tops list of Wall Street’s 20 favorite stocks for 2024

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Investors have driving quite a bounceback for stocks during 2023, and the trend for gains that started late in October has been gaining steam. Below [Read more about this post…]

Estimated read time 4 min read
Stock Market News

NetEase sinks 20%, Tencent 11% after China proposes new rules for online gaming companies

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Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards [Read more about this post…]