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At Close: Jun 12, 2026
UK regulator refers Amazon and Microsoft for a competition probe into cloud computing
03:42am, Thursday, 05'th Oct 2023
U.K. regulator Ofcom has raised concerns about competition in the country's cloud computing market, focusing on the dominance of Amazon and Microsoft. CNBC's Arjun Kharpal reports on what happens next
Microsoft and Amazon the focus of cloud computing probe
02:57am, Thursday, 05'th Oct 2023
Communications industry regulator Ofcom has referred both Microsoft Corporation (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) to the UK's Competition and Markets Authority for investigation amid w
UK regulator asks for antitrust probe into Amazon, Microsoft cloud dominance
02:03am, Thursday, 05'th Oct 2023
British media regulator Ofcom on Thursday asked the country's antitrust regulator to investigate U.S. tech giants Amazon and Microsoft's dominance of the UK cloud market.
Amazon and Microsoft's cloud dominance referred for UK competition probe
01:56am, Thursday, 05'th Oct 2023
Ofcom is concerned that so-called "hyperscalers" like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market.
Report: Amazon to Pull Plug on Live-Audio App Amp
09:14pm, Wednesday, 04'th Oct 2023
Amazon is reportedly shutting down its live-audio app, Amp, which allowed users to play music and talk alongside the songs. Steve Boom, the head of Amazon's digital music unit, said in a memo that t
Amazon (AMZN) Outperforms Broader Market: What You Need to Know
06:47pm, Wednesday, 04'th Oct 2023
Amazon (AMZN) closed at $126.89 in the latest trading session, marking a +1.74% move from the prior day.
Amazon is shutting down live audio app Amp
06:13pm, Wednesday, 04'th Oct 2023
Amazon.com Inc. AMZN, +1.83% is shutting down its live audio platform Amp, as the online retail and media giant continues to seek ways to cut costs and shore up profits. “We've made the difficult de
Amazon shuts down Amp live audio service
04:34pm, Wednesday, 04'th Oct 2023
Amazon is discontinuing its live audio service, called Amp, the company confirmed. Amp launched last March, at a time when there was still buzz around the Clubhouse audio app. Amazon CEO Andy Jassy ha
Amazon's 'Project Nessie' algorithm was used to raise prices: Report
03:24pm, Wednesday, 04'th Oct 2023
Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ultimate
Amazon's (AMZN) New Generative AI Efforts Boost AWS Offerings
01:31pm, Wednesday, 04'th Oct 2023
Amazon's (AMZN) AWS announces new generative AI capabilities to enrich AWS's portfolio offerings.
Q4 Forecast: 3 Ecommerce Stocks Set to Soar in 2024
01:11pm, Wednesday, 04'th Oct 2023
E-commerce companies have struggled mightily coming out of the Covid-19 pandemic. After skyrocketing in 2020 and 2021 as people the world over were forced to shop exclusively online, e-commerce stocks
Q4 Predictions: 3 Growth Stocks Set to Dominate
11:58am, Wednesday, 04'th Oct 2023
Growth stocks, marked by surging revenues and earnings, continue to captivate discerning investors. These juggernauts channel profits into expansion, promising potential market outperformance.
Big Tech Stock Sports Solid Technical Setup
11:27am, Wednesday, 04'th Oct 2023
Amazon.com Inc (NASDAQ:AMZN) stock has pulled back to its 126-day moving average (or six-month trendline), which coincides with its +50% year-to-date level. Plus, $124.68 – a level that appears to h
FTC suit: Amazon used secret algorithm to test price increases
08:03am, Wednesday, 04'th Oct 2023
CNBC's Andrew Ross Sorkin reports on the latest news.
Costco Could Crush Amazon in This Huge Emerging Market
07:58am, Wednesday, 04'th Oct 2023
Costco is partnering with Sesame to offer virtual healthcare visits for just $29. The move is reminiscent of Amazon Clinic but with lower prices.
