Latest in Amazon crushed it in e commerce and cloud, forecast an impressive holiday quarter
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Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
We're reiterating our 1 rating and raising our price target to $240 price target from $220.Business - CNBC - November 1 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - Yesterday -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
How Amazon Sellers Can Boost Their Holiday Sales
Cyber Week should be brands’ top priority this holiday season. These strategies can help.Business - Inc. - October 28 -
In the race for holiday shoppers' dollars, Amazon is setting the pace
Rival retailers tend to follow Amazon whenever it launches online discounts. But landing on deals is increasingly a game of luck, as many appear unannounced.Top stories - NBC News - 2 days ago -
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - October 31 -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - November 1 -
Tencent challenges Amazon and Microsoft's cloud dominance by tapping into its WeChat ecosystem
Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.Business - CNBC - 3 days ago -
VPS hosting for e-commerce: Handle high traffic with speed and stability
CONTRIBUTOR CONTENT: E-commerce websites must handle high traffic volumes to support growing customer bases. Virtual private servers (VPS) host the hardware needed for high-traffic stores. ...Tech - VentureBeat - October 28 -
How TikTok Saved Its E-Commerce Business in Indonesia
When the government effectively forced TikTok to shut down its Shop feature, the company quickly struck an unusual deal with a local company to bring it back.Top stories - The New York Times - October 30 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”Business - MarketWatch - November 12 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - November 2 -
Hori's Official Steam Controller Is Up For Preorder At Amazon Ahead Of Holiday Release
Wireless Horipad for Steam (Officially Licensed) $60 | Releases December ...Tech - GameSpot - November 6 -
Amazon Books Editorial Director Sarah Gelman on holiday cookbook recommendation
Amazon Books Editorial Director Sarah Gelman shares her top cookbook recommendations to help you create festive and comforting meals this holiday season.Top stories - CBS News - 2 days ago -
Amazon's advertising business grew 19% in the third quarter
Amazon's online advertising business jumped 19% year over year to $14.3 billion in the third quarter.Business - CNBC - October 31 -
Apple looks strong on AI; Amazon rules the cloud. Earnings will show how much.
Expect positive surprises from these two “Magnificent Seven” standouts.Business - MarketWatch - October 31 -
CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead
Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with ...Business - MarketWatch - November 8 -
Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film ...Business - MarketWatch - October 24 -
Special Edition Lord Of The Rings Trilogy 4K Gift Set Releases This Holiday, Preorders Live At Amazon
It might be over 20 years old by now, but there's no fantasy film series better than Peter Jackson's The Lord of the Rings trilogy. Dedicated fans and anyone looking for a gift this holiday should ...Tech - GameSpot - October 28 -
E. Coli Outbreak Linked to McDonald’s Quarter Pounders
Nearly 50 people have become ill and one person has died, amid infections that may have been caused by slivered onions, the C.D.C. reported.Business - The New York Times - October 23 -
McDonald's Quarter Pounders at center of E. coli outbreak
McDonald's says the sliced, raw onions topping its Quarter Pounder burgers could be to blame for an E. coli outbreak that has sickened dozens of people across 10 states, killing at least one. About ...Top stories - CBS News - October 23 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
Standard Chartered lifts income guidance again after beating third-quarter profit forecasts
The lender, which derives most of its revenue from Asia, saw pre-tax profit jump of 37% from the $1.32 billion posted a year ago.Business - CNBC - October 30 -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
E. coli outbreak linked to McDonald’s Quarter Pounders in multiple states
Health officials are investigating an E. coli outbreak linked to McDonald's Quarter Pounders in multiple states, the CDC said.Top stories - NBC News - October 22 -
McDonald's Quarter Pounder burgers linked to E. coli outbreak
McDonald's Quarter Pounder burgers and some ingredients will be temporarily unavailable in some states to protect customers after the food was linked to an E. coli outbreak, according to a press ...Politics - The Hill - October 22 -
CDC: McDonald's Quarter Pounders linked to deadly E. coli outbreak
McDonald's has stopped selling the popular product in some states as an investigation into the cause of the bacteria continues.Top stories - CBS News - October 22 -
McDonald’s hit as Quarter Pounders tied to US E. coli outbreak
Fast-food chain withdraws signature burger from four states after 49 infections and one deathBusiness - Financial Times - October 22