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Is Amazon Eyeing TikTok For A Possible Acquisition?
Saturday, September 14, 2024 - 1:57pm | 505In the midst of a possible ban or sale in the U.S., social media giant TikTok is reportedly strengthening its ties with Amazon.com Inc, leading to speculation about a potential acquisition. What Happened: TikTok, owned by China-based ByteDance, is intensifying its relationship with Amazon. This...
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Tech Analyst Raises Red Flags Over Nvidia's Heavy Dependence On Just Four Customers For Q2 Revenue: 'Highly Unusual For A Company' (UPDATED)
Monday, September 9, 2024 - 12:28pm | 662Editor’s note: The article has been updated with response from Nvidia. Nvidia Corp. (NASDAQ:NVDA) reported $30 billion in revenue for the second quarter, with nearly half coming reportedly from just four customers. What Happened: According to an SEC filing, these four clients accounted for 46...
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Jeff Bezos Said 'I Predict One Day Amazon Will Fail' And Claims Large Companies Only Last '30-Plus Years' – Guess How Old Amazon Is?
Monday, August 19, 2024 - 11:15am | 869Amazon.com (NASDAQ:AMZN) just hit its 30th anniversary, a huge milestone for a company that started as an online bookstore and became a global tech giant. Jeff Bezos's belief that most big companies only last around 30 years makes this anniversary even more interesting. Don't Miss: Here...
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Top 5 Trending Stocks Of The Day: Amazon, AST Spacemobile, Cingulate, Applied Materials, And Tesla
Thursday, August 15, 2024 - 10:55pm | 554On Thursday, major U.S. indices closed higher, with the Dow Jones Industrial Average increasing by 1.4% to 40,563.06, the S&P 500 rising 1.6% to 5,543.22, and the NASDAQ climbing 2.3% to 17,594.50. These are the top stocks that gained the attention of retail traders and investors throughout the...
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Cathie Wood's Ark Invest Continues Loads Up On $6.05M Worth Of Robinhood Shares Amid Bitcoin Rebound, Dumps Zoom Stock
Thursday, August 8, 2024 - 10:38pm | 625On Thursday, Cathie Wood-led Ark Invest made some significant trades, notably buying Robinhood Markets Inc (NASDAQ:HOOD) and selling Zoom Video Communications Inc (NASDAQ:ZM). The Robinhood Trade Ark Invest’s decision to purchase Robinhood shares comes in the wake of the trading platform...
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Cathie Wood's Ark Invest Loads Up On Robinhood Shares Amid Trading Platform's Q2 Revenue Beat, Also Shops For Amazon, Reddit And AMD Stock (CORRECTED)
Wednesday, August 7, 2024 - 11:17pm | 744Editor’s Note: This story has been updated to clarify that Ark Invest collectively bought 3,579 shares of Amazon through its various ETFs. Ark Invest, the investment firm led by Cathie Wood, made significant trades in Amazon.com Inc. (NASDAQ:AMZN), Robinhood Markets Inc. (NASDAQ:HOOD), Reddit...
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Jeff Bezos Once Said 'Life's Too Short To Hang Out With People Who Aren't Resourceful' — Who Are The People That Helped The Amazon Founder Take Steps Toward Success
Tuesday, August 6, 2024 - 8:46pm | 632Jeff Bezos, the founder of Amazon.com, Inc. currently has a net worth of $185 billion, making him the second person on the list of world’s wealthiest individuals after Elon Musk. He founded the e-commerce giant in 1994, which at the time of writing, had a market capitalization of $1.699...
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Cathie Wood-Led Ark Invest Went Shopping For AMD, Tesla, Amazon, Coinbase, Robinhood, Meta And Palantir Shares Amid Market Crash On Monday
Monday, August 5, 2024 - 11:21pm | 937Ark Invest, the investment firm led by Cathie Wood, made significant trades in Amazon.com, Meta Platforms, Advanced Micro Devices, and others on Monday, a day marked by a substantial market downturn. Ark Invest made several significant trades amid the market carnage, across its ETFs, including ARK...
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Amazon, Apple, Block, Intel, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Friday, August 2, 2024 - 12:31am | 516On Thursday, major U.S. indices closed lower, with the Dow Jones Industrial Average falling 1.2% to 40,347.97, and the S&P 500 decreasing by 1.4% to 5,446.68. The Nasdaq experienced a notable drop of 2.3%, ending at 17,194.15. These are the top stocks that gained the attention of retail traders...
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Hey Alexa, Why Are You Costing Amazon Billions?
Friday, July 26, 2024 - 12:30pm | 864Amazon's artificial intelligence virtual assistant, Alexa, is now in millions of households worldwide, yet the smart technology is costing Amazon billions. Here's why Alexa is a black hole in Amazon's profits. In 2014, Amazon launched its first Echo smart speaker with Amazon's...
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Amazon Prime Day Sees Record Sales Despite Economic Woes
Sunday, July 21, 2024 - 1:39pm | 718Amazon.com Inc‘s (NASDAQ:AMZN) Prime Day has become a major fixture on the retail calendar since its inception in 2015, offering Prime members exclusive access to a vast array of deals across categories. As consumers grapple with rising living costs and remain wary of their spending, all eyes...
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Tesla, Paramount Global, Annovis Bio, Eli Lilly, Amazon: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, July 2, 2024 - 11:38pm | 612On Tuesday, the Dow Jones Industrial Average rose by 0.4%, closing at $39,331.85, while the S&P 500 also ended the day in positive territory, increasing by 0.6% to finish at 5,509.01. Additionally, the Nasdaq gained 0.8%, closing at 18,028.76. These are the top stocks that gained the attention...
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Jeff Bezos Reveals The One Secret To Success: 'You Can Have A Job, Or You Can Have A Career, Or ...'
Saturday, June 29, 2024 - 12:17pm | 498Jeff Bezos, the founder of Amazon, frequently emphasizes the importance of following one’s passions, a principle he believes is central to achieving success. He once explained this philosophy during an address at the George W. Bush Presidential Center’s Forum on Leadership, advising...
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Jeff Bezos Doubled Productivity At Amazon In Its Infancy By Simply Buying A Table: 'The Most Brilliant Idea I've Ever Heard'
Wednesday, June 26, 2024 - 8:36pm | 543Jeff Bezos, once disclosed, how in the early days of Amazon.com, a straightforward suggestion from a tired employee dramatically increased the company’s productivity. What Happened: During a discussion with Economic Club president David M. Rubenstein on Sept. 13, 2018, Bezos recounted an...
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Jeff Bezos Assures Washington Post's Ethical Standards Amid Leadership Controversy: 'Full Commitment On... Quality, Ethics, And Standards'
Wednesday, June 19, 2024 - 9:10pm | 538In an email to the Washington Post’s newsroom leaders, billionaire owner Jeff Bezos assured that the newspaper’s ethical standards will remain unchanged despite recent controversies surrounding its CEO and an incoming senior editor. What Happened: Bezos, the founder of Amazon.com, in an...