S&P 500, Nasdaq slide on hot producer prices data as Fed meet looms

03:20pm, Tuesday, 14'th Dec 2021 Business Recorder
The S&P 500 and the Nasdaq fell on Tuesday after data showed producer prices increased more than expected in November and ahead of a potential decision on faster tapering from the US Federal Reserve this week. The fast-spreading Omicron coronavirus variant also tamped down the mood after the S&P 500 index hit an all-time closing high late last week. Declines were led by megacap technology and communications stocks, with Meta Platforms, Microsoft Corp, Tesla Inc, Alphabet Inc and Amazon.com Inc falling between 0.8% and 3%. "People are trying to create an environment to slow the spread or the severity (of Omicron), but also people who are well and want to participate in the economy. So there''s a push and a pull at play here," said Tom Martin, senior portfolio manager at Globalt. "Investors want to be positioned neutrally till the end of the year. They don''t want to do a lot of trading between now and then as long as there''s nothing jarring happening." Apple Inc rose 0.7%, bucking the trend among its heavyweight peers, as it stayed on track to become the world''s first $3 trillion company in market value.
While Future is staring at liquidation, the legitimacy of the small $200 million deal could have far-reaching consequences for India''s retail sector.

DRYWORLD Enters the Amazon Announcing the Launch of Ds Amazon Brand Store

02:16pm, Tuesday, 14'th Dec 2021 Intrado Digital Media
NEW YORK, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Nexus Energy Services, Inc. - DRYWORLD (OTC Pink: IBGR) is pleased to announce the launch of Ds Brand Store today on Amazon

Human Interest Appoints Abhi Mishra as Chief Technology Officer

02:00pm, Tuesday, 14'th Dec 2021 Intrado Digital Media
Former Amazon executive will help modern 401(k) provider expand retirement plan access to millions of Americans Former Amazon executive will help modern 401(k) provider expand retirement plan access to millions of Americans
Oppo has announced the Air Glass, an AR device thatll go on sale early next year. Oppo describes the Air Glass as an assisted reality product, as opposed to augmented [] The post Tech Digest daily roundup: Oppo announces Air Glass assisted reality device appeared first on Tech Digest . Related posts: Tech Digest daily roundup: Sky Glass customers complain of screen flickering Tech Digest daily roundup: Extinction Rebellion target Amazon UK depots Tech Digest daily roundup: China tells banks to stop supporting cryptocurrency
Union drives at Starbucks and Amazon have put a spotlight on labor movements across the country. REUTERS/Lindsay DeDario The labor victories at Amazon and Starbucks are
New York, Dec 14 (IANS) Amazon is facing questions over health and safety policies at a warehouse in the US state of Illinois, which was destroyed by a powerful tornado resulting in the deaths of six workers, the BBC reported. This never would have happened if they cared about lives over productivity, the sister of [] The post Amazon faces questions over safety at Illinois warehouse destroyed by tornado appeared first on Buziness Bytes .
Six people died when the roof and walls of the building in Illinois caved in.

Apple iMac M1 crashes to its lowest ever price on Amazon

03:25am, Tuesday, 14'th Dec 2021 Techtelegraph
The 2021 iMac is the first Apple all-in-one to run on the companys own high-powered M1 chip, and its a great piece of all-in-one tech for work and study. As part of its Green Monday deals, Amazon has an epic price cut on this system. Now, just before the holiday season, a new contender for [] The post Apple iMac M1 crashes to its lowest ever price on Amazon appeared first on TECHTELEGRAPH .

Apple''s m-cap closes in on $3 trillion mark, share falls 2%

02:32am, Tuesday, 14'th Dec 2021 Business Today
Apple''s march from $2 trillion to near $3 trillion in market value took 16 months, as it led a group of megacap tech companies such as Google-parent Alphabet Inc and Amazon.com Inc
On Sunday evening, Benzinga asked its followers on Twitter what stock theyre buying at the open on Monday? From the replies Benzinga selected one ticker for technical analysis. @CblastBT is buying Amazon.com, Inc (NASDAQ: AMZN ). Amazon was trading slightly higher in the premarket on Monday in unison with the SPDR S&P 500 (NYSE: SPY ) despite its Edwardsville, Illinois warehouse collapsing on Friday as intense storms ripped across a number of midwestern states. The collapse took the life of at least six people and brought into question the companys cell phone policy, because workers at the facility werent alerted to the tornado warning the National Weather Service sent out 30 minutes before the storm hit. Unlike Apple, Inc (NASDAQ: AAPL ), which has been flying in blue-skies over the past four trading days, Amazon has been trading in a Full story available on Benzinga.com

Amazon warehouse workers slam phone ban after tornado deaths

02:48pm, Monday, 13'th Dec 2021 New York Post
Amazon workers are slamming the companys ban on cellphones in work areas after a deadly tornado flattened an Illinois warehouse and killed at least six employees.

MBL Wealth LLC Purchases Shares of 728 Amazon.com, Inc. (NASDAQ:AMZN)

01:52pm, Monday, 13'th Dec 2021 Dakota Financial News
MBL Wealth LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 728 shares of the e-commerce giants stock, valued at approximately $2,392,000. Several other institutional investors and hedge funds also recently made changes to their positions []
Capital Investment Counsel Inc lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 4.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,585 shares of the e-commerce giants stock after purchasing an additional 220 shares during the period. []
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