Amazon shares fell sharply. Get ready for a huge rally.
Back in July I wrote a Barron’s Alibi which made a bullish argument for Amazon.com related to the enormous long-term value of the company’s cloud computing division, Amazon Web services.…
Alibaba and other Chinese stocks continue to rally. It is a big risk to be ignored.
Ali Baba and other Chinese tech stocks appeared to reverse a brutal two-year slide this month. Investors betting on a recovery may be overlooking the risk of China’s “zero Covid”…
Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other expensive goods. Critics call it.
Billionaire Jeff Bezos, who founded e-tail giant Amazon, has some spending tips as Americans prepare for the holiday shopping season — four decades in the making inflation and recession worries.…
Amazon begins massive job cuts
Amazon (AMZN) – Get a free reportthe e-commerce giant began on Tuesday to make massive job cuts to respond to an economic slowdown that is likely to turn into recession…
Alibaba, Tencent lead Hong Kong tech shares higher after upbeat data on online retail sales in China
Shares of Chinese internet giants jumped in Hong Kong after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Tencent online retail sales China Alibaba Group…
Alibaba and other Chinese stocks rallied again. There’s no point.
Chinese shares rose on Monday as investors remained optimistic that coronavirus rules would be eased, despite repeated announcements by authorities that China would stay on course with a “zero Covid”…
Amazon shares are breaking long-term chart support and approaching a major inflection point
Amazon’s stock has tumbled enough in the past week to do real damage to its long-term chart — enough to warn investors that it could get a lot worse. But…
Bezos lost the title of the second richest person in the world in favor of the Indian billionaire
It was to be expected. Jeff Bezos lost the title of the second richest person in the world after Elon Musk, the leader of electric vehicles Tesla (TSLA) The CEO.…
This billionaire is now even richer than Jeff Bezos
Jeff Bezos is no longer the second richest person in the world. The Amazon. AMZN -2.18% com inc. was overtaken on Friday by Indian industrialist Gautam Adani, 512599 -1.26% whose…
The Meta Crash: This chart shows Facebook’s fall among America’s most valuable companies
Beset by competitive and macroeconomic threats, Meta Platforms Inc. sinks down in the ranking of the largest American companies. After a 9.4% daily drop in its shares, Meta META, -9.37%…