Tag Archives: closes

(Bloomberg) — Amazon.com Inc., determined to reduce the size of its sprawling delivery operation amid slowing sales growth, has abandoned dozens of existing and planned facilities around the US, according to a closely watched consulting firm. Most Read from Bloomberg MWPVL International Inc., which tracks Amazon’s real-estate footprint, estimates the company has either shuttered or killed plans to open 42 facilities totaling almost 25 million square feet of usable space. The company has… Source link

U.S. stock futures drifted slightly lower Tuesday evening after a regular session rally, as investors cheered upbeat developments on discussions between Russia and Ukraine. Contracts on the S&P 500 traded flat to slightly lower. The blue-chip index rose for a fourth consecutive day and closed at its highest level since January earlier Tuesday, unwinding some losses for the year-to-date. Technology stocks led the way higher and helped pull the Nasdaq Composite up by nearly 2%. The CBOE… Source link

AMC’s (AMC) stock gained 45% on Monday. Shares closed at $29.33 each, above their highest closing level of the year in early January. The cinema chain’s CEO Adam Aron told Reuters investors should expect to see more “transformational” deals in the future. “I’d like to think there will be more third-party external M&A announcements going forward where AMC can reach for the stars and intriguing investments that have potentially attractive returns,” Aron said. Earlier this month AMC announced it… Source link

Yahoo has completely ceased its operations in China now that web services company has ended support for its email service in the country. In a recent email sent out to customers, the company explained that it would soon close Yahoo Mail in China while advising them to switch to an alternative email service as soon as possible. Yahoo also recommended that users download their contacts, schedules and other important data before its email service closed for good in the country. In an FAQ page… Source link

NEW YORK–(BUSINESS WIRE)–Feb 9, 2022– Yahoo, the global media and tech company, today announced new partnerships with connected TV (CTV) leaders, following a successful year that closed with 141% growth in CTV ad revenue year-over-year. The momentum indicates the company’s strategic leadership and reach in the CTV… Source link

NEW YORK–(BUSINESS WIRE)–Yahoo, the global media and tech company, today announced new partnerships with connected TV (CTV) leaders, following a successful year that closed with 141% growth in CTV ad revenue year-over-year. The momentum indicates the company’s strategic leadership and reach in the CTV environment as its popularity continues to accelerate. TV viewership has skyrocketed over the last year with CTV at the forefront. In the U.S. alone, nearly 214 million people… Source link

MOSCOW, December 21. /TASS/. Yandex has closed the deal of buying out the Uber stake in Yandex food, online store, delivery, and self-driving services totaling $1 bln, the press service of the Russian technology company told TASS. “Yandex has closed the deal of buying out the Uber stake in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, and the self-driving service” the company said. Yandex and Uber will continue joint development of taxi ordering, car-sharing, and kick scooter hire services,… Source link

(Bloomberg) — Michael Burry may have ditched some of his biggest shorts — at least for now. Most Read from Bloomberg Scion Asset Management, which Burry founded and runs as chief executive officer, had cut back to only a handful of positions as of the end of September, according to a regulatory filing made on Monday. Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries… Source link

(Updates closing prices, adds sector and volume details)    * Healthcare sector gains with earnings boost from Anthem, Abbott    * Verizon up on customer growth,    * IBM falls sharply in late trade after revenue miss    * Dow up 0.43%, S&P up 0.37%, Nasdaq down 0.05%    By Devik Jain, Shreyashi Sanyal and Sinéad Carew    Oct 20 (Reuters) – The S&P 500 and the Dow climbed on Wednesday with the Dow hitting an intraday record high as investors eyed better than expected… Source link

Resident works with desk top computers and laptops at Google Inc.’s tech campus at East London’s Tech City. Bloomberg | Bloomberg | Getty Images LONDON — Google is closing its dedicated start-up space in London known as Campus. The Silicon Valley tech giant announced on Monday that it has decided “not to reopen” Campus in East London after it was forced to close by the coronavirus pandemic. “We’re closing Campus to support start-ups throughout the U.K.,” the company said, claiming that it can… Source link