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 10 min read
Stock Market News

Opinion: Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next.

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Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that’s likely Silicon Valley’s most monumental dividend decision since Apple Inc. [Read more about this post…]

Estimated read time 16 min read
Stock Market News

The busiest and most crucial week for fourth-quarter earnings is here.

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The heaviest stretch of the fourth-quarter earnings storm hits this week, with 106 companies set to report results. But results from only five — all [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Alphabet, Amazon and Microsoft face FTC probe into AI ‘investments and partnerships’

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The Federal Trade Commission said Thursday it will look closely at the generative-artificial-intelligence investments and partnerships of Alphabet Inc. GOOGL, +1.69% GOOG, +1.75%, Amazon.com, Inc. [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Shares of iRobot plunge 40% on report EU will block purchase by Amazon

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Shares of iRobot Corp. plummeted after hours on Thursday after the Wall Street Journal reported that the European Union plans to block Amazon.com Inc.’s purchase [Read more about this post…]

Estimated read time 16 min read
Stock Market News

Opinion: Amazon may scrap its iRobot deal, but there’s still hope for a tech M&A revival

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The current scrutiny of anti-competitive business tactics by Amazon.com Inc. by both U.S. and European Commission regulators has put its pending acquisition of Roomba maker [Read more about this post…]

Estimated read time 63 min read
Stock Market News

Opinion: What to stream in January 2024: ‘Masters of the Air,’ ‘Echo,’ ‘Griselda’ and more

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As the calendar flips to 2024, the streaming world looks more expensive and less expansive than a year ago. Changes are everywhere: Most of the [Read more about this post…]

Estimated read time 5 min read
Stock Market News

Amazon’s Prime Video to start showing ads on Jan. 29

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Subscribers of Amazon’s Prime Video have one more month before they start seeing commercials — or have to pay more to avoid them. In an [Read more about this post…]

Estimated read time 6 min read
Stock Market News

Alibaba CEO Eddie Wu to take charge of company’s e-commerce business

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Alibaba Group Holding Ltd. co-founder and Chief Executive Eddie Wu will take over as the head of the Chinese internet giant’s core e-commerce group. Wu [Read more about this post…]