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+6.89 (+2.90%)
At Close: Jun 18, 2026
3 Incredible FAANG Stocks You'll Want to Consider Adding to Your Portfolio in July
05:30am, Thursday, 04'th Jul 2024
E-commerce powerhouse Amazon is entering a new era that investors haven't regularly seen. Although the streaming market may be fully matured as well as saturated, pioneer Netflix still enjoys one huge
Amazon to build 'top secret' cloud for Australia's spies
05:09am, Thursday, 04'th Jul 2024
Top-secret Australian military intelligence will be stored on a custom cloud server built by US tech giant Amazon, Canberra said Thursday as it unveiled the US$1.3 billion deal.
Artificial intelligence (AI) has the ability to add up to $15.7 trillion to the global economy by 2030. Although Nvidia is Wall Street's most direct beneficiary of the AI revolution, history suggests
Can Amazon Compete with Nvidia, Apple, and Microsoft in the Market Cap Race?
04:15am, Thursday, 04'th Jul 2024
Companies with large market caps are established leaders with a proven track record. Amazon has huge opportunities to grow, and that doesn't even include generative AI.
Australia spy agency moves intelligence data to cloud in Amazon deal
10:39pm, Wednesday, 03'rd Jul 2024
Australia will move its top secret intelligence data to the cloud under a A$2 billion deal with Amazon Web Services that Defence Minister Richard Marles said would boost defence force interoperability
Saks To Buy Neiman-Marcus And Amazon Will Invest. Why This Is Happening.
07:53pm, Wednesday, 03'rd Jul 2024
According to the rumors, Saks has been wanting to buy Neiman-Marcus and has been husbanding its cash for years to do it. Now The Wall Street Journal reports it's actually happening.
Luxury Retailers Neiman Marcus And Saks Fifth Avenue Merging In $2.65 Billion Deal Backed By Amazon, Report Says
06:23pm, Wednesday, 03'rd Jul 2024
Saks Fifth Avenue's owner, Hudson's Bay Co. closed a $2.65 billion acquisition of luxury retailer Neiman Marcus, according to The Wall Street Journal, which will merge Saks and Neiman with the help of
Two luxury rivals are joining forces — and Amazon is getting in on the action
06:02pm, Wednesday, 03'rd Jul 2024
Saks Fifth Avenue is purchasing Neiman Marcus for $2.65 billion amid luxury retail challenges. Amazon and Salesforce are taking minority stakes in Saks Global, the new company.
Jeff Bezos keeps selling Amazon stock after announcing his move out of Washington state
05:54pm, Wednesday, 03'rd Jul 2024
The news this week that Jeff Bezos plans to sell more Amazon stock is another reminder of the tech mogul's move away from Washington state — and the debate over its capital gains tax.
Saks owner to buy Neiman Marcus—with help from Amazon
05:26pm, Wednesday, 03'rd Jul 2024
The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus, according to people familiar—all with a little help from Amazon.
Saks Fifth Avenue Parent Reportedly Set to Buy Neiman Marcus
05:05pm, Wednesday, 03'rd Jul 2024
HBC, the parent company of luxury department store Saks Fifth Avenue, has signed a $2.65 billion deal to buy rival retailer Neiman Marcus with support from Amazon (AMZN), according to reports.
Two more luxury-fashion players could join forces — with the backing of Amazon, report says
05:01pm, Wednesday, 03'rd Jul 2024
Upscale fashion retail chains Saks Fifth Avenue and Neiman Marcus could soon join forces and get a financial boost from Amazon.com Inc., according to a report on Wednesday, as luxury brands consolidat
Saks Fifth Avenue and Neiman Marcus to merge in $2.65B blockbuster deal, Amazon to acquire stake
04:56pm, Wednesday, 03'rd Jul 2024
The deal will give Amazon unprecedented access to the luxury market – a tricky segment where the company has tried and mostly failed to get a credible foothold for more than a decade.
Jeff Bezos Just Sold Nearly $5 BILLION of Amazon (AMZN) Stock
04:46pm, Wednesday, 03'rd Jul 2024
Amazon (NASDAQ: AMZN ) stock is in the red today after a new filing shows that company founder Jeff Bezos sold 25 million shares of AMZN stock for a jaw-dropping $4.93 billion. Indeed, the billionaire
Jeff Bezos to sell $5B worth of Amazon shares as stock hits all-time high
04:15pm, Wednesday, 03'rd Jul 2024
The notice came as Amazon shares closed at $200, the highest since the company's listing in the late 1990s.
