$238.55
-2.96 (-1.23%)
At Close: Jun 12, 2026
Amazon's audiobook monopoly under threat from Spotify
06:59am, Wednesday, 04'th Oct 2023
Though Audible has a stranglehold on the rapidly expanding audiobook industry, Swedish streaming giant Spotify is making moves to muzzle in on Amazon's global monopoly. Spotify has announced that its
Is Amazon Investing Too Much in Growth?
05:30am, Wednesday, 04'th Oct 2023
Amazon's returns on its investments have been on the decline over the past couple of years. The e-commerce giant also faces higher costs of capital, making growth more expensive.
Spotify ups challenge to Amazon in audiobook push
03:37am, Wednesday, 04'th Oct 2023
Spotify Technology SA (NYSE:SPOT) has announced that its audiobook service will offer well over one hundred and fifty thousand titles premium subscribers at no extra cost. In a move set to see it riva
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
09:04pm, Tuesday, 03'rd Oct 2023
The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would
Amazon Allegedly Used Secret Algorithm To Raise Prices On Consumers, FTC Lawsuit Reveals
06:14pm, Tuesday, 03'rd Oct 2023
The FTC called this algorithm “an unfair method of competition” that has “no valid and cognizable justification” and violates the FTC Act.
Tech stocks are still sliding after closing out their worst month of 2023
04:23pm, Tuesday, 03'rd Oct 2023
Tech stocks fell sharply on Tuesday, leading a broader market decline that was sparked by concerns of rising interest rates
Why Amazon Stock Dropped on Tuesday
02:28pm, Tuesday, 03'rd Oct 2023
Britain's Office of Communications -- Ofcom -- will decide Thursday whether to refer Amazon to the country's Competition and Markets Authority for investigation. Ofcom's worry is that Amazon and Micro
Amazon (AMZN) AWS' Clientele Expands With Telkomsel Deal
12:01pm, Tuesday, 03'rd Oct 2023
Amazon (AMZN) rides on solid AWS customer momentum. The recent selection of AWS by Telkomsel highlights the efficiency and reliability of its innovative cloud products and services.
Amazon Stock Is Under Pressure. Why Two Analysts Think You Should Be a Buyer.
11:25am, Tuesday, 03'rd Oct 2023
Amazon shares are down 15% over the last few weeks. Bulls see a buying opportunity ahead of earnings.
5 Giant Wholesale Retailers to Buy for Q4 2023
11:17am, Tuesday, 03'rd Oct 2023
We have narrowed our search to five retail giants that have strong growth potential for the rest of 2023. These are: AMZN, WMT, ROST, BABA.
The Best Stocks to Invest $50,000 in Right Now
09:15am, Tuesday, 03'rd Oct 2023
Amazon's varied business segments lend every portfolio some diversity. With a steady stream of subscription revenue, Adobe provides stability and growth.
Firms warned that spying on staff must be declared
07:54am, Tuesday, 03'rd Oct 2023
Businesses that spy on staff without telling them are facing fines in future, the UK's information watchdog has warned. Frustration with people working from home and not returning to the office, espec
Amazon Gets Sued by the FTC. Here's What I'm Doing With My Shares.
07:15am, Tuesday, 03'rd Oct 2023
Lisa Khan and the FTC have been planning this suit for a while. Amazon has multiple business segments that work well with each other.
Does Amazon's push to be a better, greener employer matter to markets?
06:40am, Tuesday, 03'rd Oct 2023
This summer, Amazon lost an A.
The ‘wild bunch' have taken control of the bond market. Here's where they could wreak havoc next.
06:37am, Tuesday, 03'rd Oct 2023
The bond market is front and center for investors these days, with JPMorgan warning of a “financial accident” if yields keep going up, driving prices lower.
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