Amazon Shares Climb After Salesforce Deal and Report It Surpassed FedEx, UPS in Deliveries
Amazon (AMZN) shares rose 0.7% on Cyber Monday amid anticipation of a blockbuster day for online shopping and following a report that it surpassed FedEx (FDX) and United Parcel Service (UPS) as the...
Roomba-Maker iRobot's Shares Plunge After EU Regulators Question Amazon Deal
Shares of iRobot (IRBT) plunged on Monday after the European Commission raised objections over Amazon's (AMZN) proposed $1.4 billion purchase of the Roomba vacuum cleaner manufacturer.
iRobot stock drops as Amazon takeover sparks EU competitive concerns
iRobot Corporation shares sank 17% to close at $34.35 on Monday after the European Union's (EU) antitrust watchdog said Amazon's planned $1.7 billion acquisition of the Roomba maker raises competit...
No, Jeff Bezos hasn't been unloading Amazon stock
A number of Amazon.com Inc. executives have disclosed sales of some of their Amazon stock holdings in recent weeks, but Jeff Bezos, the company's executive chair and a mega-shareholder, was not amo...
Black Friday eCommerce growth ‘encouraging' for rest of holiday shopping season
Black Friday eCommerce sales are tracking in line to modestly above expectations, analysts at Wedbush have highlighted on Cyber Monday, the first Monday after U.S. Thanksgiving which typically sees...
Amazon and Salesforce Expand Partnership to Add New AI Capabilities
Salesforce and Amazon Web Services (AWS) have announced a “significant” AI-focused expansion of their partnership. The new agreement, announced Monday (Nov. 27), makes it easier for customers to ma...
iRobot Stock Is Tumbling. The EC Has Objections to the Amazon Deal.
Amazon would have “the ability and incentive” to hamper iRobot's rivals from competing on Amazon's online marketplace, the European Commission stated.
iRobot shares plunge 19% after EU warns Amazon deal 'may restrict competition'
The European Commission said it found that Amazon may have the ability to prevent or degrade iRobot rivals' access to its online site.
IRobot's stock sinks after European regulators express concerns about Amazon deal
Shares of iRobot Corp. IRBT were falling nearly 20% in Monday afternoon trading after the European Commission said it informed Amazon.com Inc. AMZN that its pending deal for the maker of robot vacu...
3 Stocks That Will Benefit Most From the Coming Santa Rally
Despite previous recession forecasts, the economy exhibited impressive resilience, notably in the U.S., with GDP achieving its fastest growth in two years. Inflation, although down from historic hi...
Amazon Will Offer Salesforce Apps on AWS, Allowing Easier Integration of AI Tech
Amazon.com Inc. (AMZN) will sell Salesforce Inc. (CRM) products on its Web Services platform (AWS) through an expanded partnership between the two companies.
Bezos, Other Insiders Are Reducing Amazon Stakes. Who the Biggest Stock Owners Are.
Amazon founder Jeff Bezos keeps lowering his stake. Shares of the retailer and cloud company have outperformed the S&P 500 in the last 20 years plus.
Amazon Surpasses UPS to Become Largest Delivery Service in US
Amazon has reportedly surpassed UPS to become America's largest delivery business. The eCommerce behemoth delivered more packages to consumers in the U.S. last year than UPS — and also has led FedE...
Cyber Monday and an Outlook to PCE This Week
"Cyber Monday" and other retail lines are blurred these days, with e-commerce playing an ever more significant part in even big-box retailers' revenues throughout the shopping cycle.
5 Tech Stocks You Can Buy and Hold for the Next Decade
Cloud computing, artificial intelligence, and software should remain exciting growth opportunities. Some of the companies leading today are poised to lead the future.
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