Amazon surges as Apple stumbles
Freight semi trailers are docked at the Amazon warehouse in Palmdale, California, on July 25, 2023. Robyn Beck | Afp | Getty Images This report is from today’s CNBC Daily …
Amazon.com Inc
Amazon CEO Jassy’s cost cuts produce biggest profit beat since 2020
Amazon founder Jeff Bezos famously shunned Wall Street’s earnings obsession, claiming the customer was always more important. While his successor, Andy Jassy, also talks plenty about serving customers, he’s been …
Amazon online advertising unit just brought in over $10 billion in Q2
Alain Jocard | AFP | Getty Images Amazon’s online advertising business is getting bigger as the slumping digital ad market shows signs of improvement. The online retail giant’s ad business …
Amazon (AMZN) Q2 earnings report 2023
Amazon reported second-quarter earnings on Thursday that sailed past analysts’ estimates and issued guidance that points to accelerating revenue growth. The stock rose more than 7% in extended trading. Earnings: …
5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day: 1. No more picnic The Dow’s cruise higher has hit a speed bump. Stock futures …
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE), June 29, 2023. Brendan McDermid | Reuters Stock futures were little changed Wednesday as traders contended with Fitch’s …
Disney CEO Bob Iger wants ESPN minority partners but deal won’t be easy
Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho. David A. Grogan | CNBC Disney CEO Bob Iger has taken the …
Here’s where to invest $100,000 right now, according to the pros
Despite concerns of an economic slowdown and rising interest rates, the stock market’s strong start to 2023 has been dubbed one of the “most hated rallies in recent memory” — …
CVS Health to slash 5,000 jobs to save costs
A woman walks past a CVS Pharmacy in Washington, DC, on November 2, 2022. Brendan Smialowski | AFP | Getty Images CVS Health is cutting 5,000 jobs to reduce costs …
Amazon rolls out its virtual health clinic nationwide
Amazon is rolling out its virtual health clinic service nationwide, the company announced Tuesday. The e-retailer launched the service, called Amazon Clinic, last November, touting it as a virtual platform …