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Two rivals appear headed for a showdown over cloud services. This is a crucial part of Amazon's business, and it's benefitting by staying above the fray for now.
M&A chatter swirled around AMC Entertainment Holdings Inc. this week after a report that Amazon.com Inc. is weighing an acquisition of the movie-theater chain and meme-stock darling.
BABA thrilled the global stock markets by announcing plans to split into six different companies. As an ETF wonk, that prompted me to drill down to identify a variety of ways to capitalize on further BABA success, via ETFs that own it.
After Amazon's ill-fated early forays into the restaurant industry, the company is reapproaching the space. On Wednesday (March 29), fast-casual giant Panera Bread announced that it is letting its loyalty members order by voice or touch via Amazon's Alexa.
Jeff Bezos is reportedly interested in buying AMC Entertainment. The deal would be unusual, given the movie theater chain's struggles.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss reports that Amazon is interested in acquiring AMC.
Despite massively underperforming the broader market in 2022, the tech sector has underperformed this year. Nowhere is this more obvious than in the major indices, with the tech-heavy NASDAQ up a full 15% since the first trading day of January versus the broader S&P 500's 4%.
Amazon (NASDAQ: AMZN ) probably will not buy movie-theater chain AMC (NYSE: AMC ), investment bank Wedbush wrote in a note to investors today. Yesterday AMC stock rallied 13% based on a report that AMZN is looking to buy the theater owner.
Amazon's stock price is currently near levels first seen in 2018, but so much has changed in these past five years. Growth opportunities from its advertisement and clouding solutions could be the next catalyst for this e-commerce giant.
Volatility in bank sector stocks caused by the quick collapse of Silicon Valley Bank earlier this month has ignited a rush into technology stocks which are now seen as safe haven trade.