Tag Archives: Amazon

[unable to retrieve full-text content]Google, Amazon, Meta, Microsoft, 15 Others Subject to EU Content Rules  U.S. News & World Report Source link

[unable to retrieve full-text content]Amazon CEO Andy Jassy’s total pay dropped from over $200 million in 2021 to $1.3 million in 2022 as he received no stock awards  Yahoo Finance Source link

[unable to retrieve full-text content]Big Tech layoffs: What companies such as Dell, Amazon, and Meta all have in common  Yahoo Finance Source link

[unable to retrieve full-text content]Google-Meta duopoly continues to creak in their ‘heightened maturity’ as Amazon, Apple ascend  Digiday Source link

[unable to retrieve full-text content]Stocks moving in after-hours: Amazon, Alphabet, Apple  Yahoo Finance Source link

A view of the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, on September 7, 2022. (Carlos Barria/Reuters) Thursday afternoon will round out what has so far been a sobering earnings season for the Big Tech giants. After several years of raking in profits thanks to strong demand for tech gadgets and services during the pandemic, the industry’s fortunes began to turn last year. Tech giants have been grappling with high inflation and interest rates, as… Source link

Thursday is a big day for tech earnings as Alphabet, Amazon and Apple all are set to report their quarterly results. Video Transcript SEANA SMITH: Well, it is a big tech trifecta. Amazon, Apple, Alphabet all reporting after the bell tomorrow. Here with what we can expect, we have Yahoo Finance’s seniors tech reporter Allie Garfinkle and tech editor Dan Howley here. We got all of your bases covered because tomorrow is certainly going to be a busy day after the bell. Allie, let’s kick it off… Source link

The mega cap stocks known as FAANG are offering rare, deep discounts since like Amazon is trading 47% off their all-time high and Meta off 62%. Similarly, Alphabet and Meta are trading significantly lower to its historical average valuation. Despite these price cuts, FAAMG comprise 17.4% of the S&P 500. We believe it’s prudent to watch these names closely, as generally speaking, they have strong balance sheets, healthy margins and defensible competitive positioning. This week, the… Source link

Between them, some of the world’s biggest tech companies have collectively laid off more than 150,000 workers in recent months. The businesses involved have put forward a variety of reasons for why this was necessary, which mostly come down to a need to reduce costs as economic growth slows down around the world. The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon Adobe Stock In truth, it isn’t likely to be because the companies involved need money. Microsoft,… Source link

Microsoft (MSFT) is making a multi-year, multi-billion dollar investment in OpenAI, the company behind the much discussed artificial intelligence-powered chatbot, ChatGPT. The move comes as Microsoft looks to add OpenAI’s capabilities to its own software offerings, giving it a potential edge over competitors ranging from Salesforce (CRM) to Google (GOOG, GOOGL). “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize… Source link