Amazon shares rise 14% as gross sales beat and AWS progress surpasses second consecutive quarter loss

Amazon.com Inc. decided to cut back after years of pouring money into growth and resulting in a second straight quarter loss, but a sales beat and continued strong growth from Amazon Web Services helped propel Stocks edged higher in after-hours trading Thursday. Amazon AMZN, + 1.08% reported a second-quarter loss of $2 billion, or 20 … Read more

Opinion: Is Mark Zuckerberg taking step one towards turning Fb into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more

Opinion: Is Mark Zuckerberg taking step one towards turning Fb into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once during an online session. However, after an unfortunate slide, Yahoo is just another site that has a following with fans in certain parts of Asia and offers some niche products. Did … Read more

Opinion: Google and Microsoft earnings present this degree has been downgraded for Large Tech

Alphabet Inc. and Microsoft Corp. Both reported disappointing results on Wall Street on Tuesday, but not only were investors not disappointed, the two actually saw their shares rise in after-hours trading. Amid tough economic signs, tech stocks have tumbled so far this year, and fears of a downturn in Big Tech names have buoyed Wall … Read more

Opinion: Google and Microsoft earnings present this degree has been downgraded for Large Tech

Alphabet Inc. and Microsoft Corp. Both reported disappointing results on Wall Street on Tuesday, but not only were investors not disappointed, the two actually saw their shares rise in after-hours trading. Amid tough economic signs, tech stocks have tumbled so far this year, and fears of a downturn in Big Tech names have buoyed Wall … Read more

Why is the inventory market down as we speak? Dow Drops, Walmart Tanks, Loom Different Revenue

Font size Concerns about inflation and recession have weighed on investors. Ed Jones/AFP via Getty Images The stock market fell on Tuesday after Walmart warns that inflation will eat into its earnings as consumers’ spending habits change. By noon, Dow Jones Industrial Average fell 214 points, or 0.7%, while S&P 500 fell 1.2% and Nasdaq … Read more