Trump's tariffs brought the stock market to its knees on Thursday. The introduction of profit-sapping importation fees drove the S&P 500 (^GSPC -4.84%) to close almost 5% lower.
As a whole, Magnificent Seven stocks were on pace to drop more than $800 billion in market cap. That reflects how tech stocks have led the broader market amid Thursday's steep sell-off.
Amazon projects Rufus to indirectly contribute over $700 million in operating profits this year. Rufus' product recommendations increase consumer spending on Amazon's marketplace.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss how tariffs are impacting the tech sector.
The United Launch Alliance rocket is set to help Amazon take a step toward a satellite internet service that would likely compete with Starlink.
Caroline Woods turns to the new developments on Amazon's (AMZN) TikTok bid. She notes the Mag 7 company's offer to buy the social media giant as the latest in a string of bids for partial U.S. ownersh
Amazon stock and other e-commerce players slid Thursday morning amid a market rout on President Trump's tariff plan. The post Amazon Stock Slides On Trump Tariff Plan.
Yesterday, President Donald Trump announced a slew of tariffs on nearly every country in the world—over 180 of them, notes CNBC. The tariffs Trump announced are higher than most economists and busin
Amazon.com Inc (NASDAQ:AMZN) is set to launch its first batch of satellites for Project Kuiper, its satellite broadband network designed to compete with SpaceX's Starlink and provide high-speed, low
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday it has closed its probe into 258 Zoox vehicles over a braking issue, after the Amazon self-driving car unit recalled th
Apple (AAPL 0.40%) is the world's largest company -- by about half a trillion dollars as I write this. So surpassing it in value is not a thing just any company can do.
Amazon criticised a book delivery fee imposed by France two years ago, telling Europe's top court on Thursday the measure was discriminatory, protectionist and a breach of European Union law.
With “more personal” Siri and Alexa+, the tech giants marketed features they have yet to deliver.

Looking Ahead to the Q1 Earnings Season

09:05pm, Wednesday, 02'nd Apr 2025
Total 2025 Q1 earnings for the S&P 500 index are expected to be up +5.9% from the same period last year on +3.9% higher revenues, continuing the recent growth pace nicely. Next week, we'll hear from t

Where Will Amazon Stock Be in 5 Years?

06:22pm, Wednesday, 02'nd Apr 2025
It's Amazon's (AMZN 2.17%) world, we're just living in it. At least, sometimes that's how it feels with how large the technology giant and e-commerce pioneer has gotten.
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