Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it would transform its foundry business into an independent unit with its own board of directors […]
An aerial photo shows Amazon delivery trucks outside an Amazon distribution center in Richmond, California on July 16, 2024. Justin Sullivan | Amazon to raise the national average wage for contracted delivery drivers from $20.50 to about $22 an hour, the company said Thursday. The pay increase is part of the $2.1 billion Amazon is […]
A pedestrian walks past the Google office in New York City on January 25, 2023. Leonardo Munoz | View press | Getty Images One month after losing a landmark antitrust case brought by the Department of Justice, Google has to go to court again to face federal prosecutors for a second time. In August, a […]
CNBC’s Jim Cramer said Thursday he hopes Wall Street will abandon its oversized view NVIDIA now that the company’s long-awaited earnings report is in the rearview mirror. Perhaps investors can now turn their attention to other worthwhile stocks that were “lost in the Nvidia chaos,” he said. “I hope that after this quarter, Nvidia will […]
Amazon launches AI shopping assistant in India, nearly a year behind Walmart-backed Flipkart This story was originally published on Benzinga India. Amazon.com Inc. (NASDAQ: AMZN) has announced the launch of its artificial intelligence-based shopping assistant Rufus in India. This comes after the successful launch of Rufus in the United States six months earlier. What happened: […]
Investors often see Walmart (WMT) as an indicator of US consumer sentiment. That’s because the company, which generated sales of $648 billion last year, is the country’s top-selling brick-and-mortar retailer, with 140 million weekly customers. Over the past few weeks, investors have been trying to make sense of the ambiguous data on the state of […]
On August 21, 2024, David Zapolsky, Senior Vice President at Amazon.com Inc (NASDAQ:AMZN), sold 9,490 shares of the company. The transaction was documented in a recent SEC filing. After this sale, the insider now owns 64,610 shares of Amazon.com Inc. Amazon.com Inc. is an online retailer and offers its services through various websites. The company […]
Here are the key calls on Wall Street on Monday: Goldman Sachs reiterates Nvidia as a buy. Goldman says it is bullish on the stock ahead of next week’s earnings release. “From an equity perspective, we believe the setup is constructive for NVDA as the stock trades at 42x consensus NTM EPS (next twelve months), […]
Backpacks, Stanley water bottles and No. 2 pencils. This year’s back-to-school must-haves are a mix of new and (very) old. But the most important thing shoppers are looking for doesn’t appear on any lists: good deals. The stores that can offer the best deals will win the season. The back-to-school shopping season — a key […]
A customer enters a Macy’s store at Bay Fair Mall in San Leandro, California, which is scheduled to close on February 27, 2024. Justin Sullivan | Macy’s The decision to close nearly a third of its stores will spark change in malls and communities across the United States Some of these changes may surprise buyers. […]
