Tag Archives: Amazon

Text size GameStop’s stock split will take effect this month. Justin Sullivan/Getty Images … Source link

[unable to retrieve full-text content]Yahoo Japan, PayPay merge malls against Amazon, Rakuten  Nikkei Asia Source link

The pandemic period has been a boon for the trio of companies that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Microsoft and Google appear poised to extend their strength. The three companies accounted for 65% of the $53 billion in global cloud-service spending in the first quarter of the year, according to Synergy Research Group, up from 52% of global sales four years ago. And their control of the crucial, rapidly growing market is expected to… Source link

Placeholder while article actions load Even before Roe v. Wade was overturned, tech workers and privacy advocates had a big question: Will Big Tech help in abortion prosecutions by sharing user data with police? Nearly a week since the Supreme Court decision made abortion illegal for millions of Americans, the companies still haven’t given an answer. And some employees are getting frustrated, according to people familiar with the matter who spoke on the condition of anonymity for fear of… Source link

Years ago, John Oliver galvanized his Last Week Tonight viewers to join in the fight for net neutrality — instigating a flood of comments that broke down the Federal Communications Commission’s website in 2014. Last night, he turned his attention to a pair of upcoming tech antitrust bills. During his Sunday night show, Oliver explained the ways large tech companies rule the internet. From Apple and Google taking huge cuts from app store sales to Amazon’s stranglehold on the online… Source link

Whether you cut a pie into 10 pieces or 100 pieces, it shouldn’t affect how much the pie is worth. But in the stock market, a stock split — which is essentially cutting shares into smaller pieces — can have some meaningful consequences. According to Bank of America, S&P 500 companies that announced stock splits since 1980 have returned an average of 25.4% over the following 12 months, versus the S&P 500’s average return of 9% over the same period. In fact, the bank says that after a… Source link

You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield Being a landlord is one of the oldest ways to earn an income stream. And these days, you don’t have to buy a house to get a piece of the action. Check out real estate investment trusts, which are publicly traded companies that own income-producing real estate. REITs collect rent from their properties and pass it along to shareholders in the form of dividends. That means investors don’t… Source link

It’s been a great week for the portfolio. Ahead of the long holiday weekend, I know the buzz centers on Nvidia (NVDA) and how this great $465 billion company signaled a sea change when it reported a solid quarter, cut guidance — and shares rallied. That was directly contrary to the pattern before it. I am not so sure of the direction here when it comes to technology stocks. I believe that if your company caters to the enterprise, a la Club holding Marvell Technology (MRVL), the process is… Source link

Al Michaels may be done in the “Sunday Night Football” booth, but he’s not leaving NBC just yet. Michaels has been given “emeritus status” and will “continue to broadcast and contribute across NBC Sports’ high-profile properties,” the network announced on Tuesday. Among other things, Michaels is expected to work NFL playoff games on NBC and help with Olympics coverage again in 2024. Michaels is set to take over calling “Thursday Night Football” broadcasts for Amazon Prime… Source link

Martin Sorrell, founder and chairman of media firm S4 Capital, believes the war in Ukraine has the potential to benefit three of America’s biggest tech firms. “I’m very bullish on the tech giants … because the war will have an impact on them,” Sorrell told CNBC at the World Economic Forum in Davos Monday. He added: “The big three — Google (or Alphabet), Meta, and Amazon — will benefit, I think, as a result of the war.” Explaining his reasoning, Sorrell said: “Defense means cyber defense… Source link