e-commerce

Amazon.com, Inc. (NASDAQ: AMZN) employees across 40 countries plan protests and walkouts during Black Friday sales.  What Happened: According to a campaign called "Make Amazon Pay," workers in the U.S., U.K., India, Japan, Australia, South Africa ...

Major Wall Street indices closed over 1% higher on Tuesday after investor focus shifted toward upbeat earnings reports and the possibility of the U.S. Federal Reserve going easy on rate hikes in the future. Cleveland Federal Reserve President Loretta Mester said on Monday...

U.S. markets closed on a weaker note at the beginning of a short week that will see a Thanksgiving holiday. Major indices closed in the red over concerns surrounding COVID-related deaths in China and in the run-up to the release of the Federal Reserve meeting minutes due on Wednesday....

U.S. markets closed higher on Friday, although the momentum in the rally after soft consumer price inflation data seems to have paused. Investors and traders are now also considering the U.S. Federal Reserve officials’ harsh tone on inflation. Meanwhile, the following are the five stocks...

Amazon, com, Inc. (NASDAQ: AMZN) opened slightly higher on Friday before slumping to trade near Thursday’s low-of-day, in tandem with the S&P 500, which saw similar price action. On Thursday, Amazon confirmed it planned to begin reducing its workforce, following in the footsteps of Meta...

Amazon.com, Inc (NASDAQ:AMZN) CEO Andy Jassy said there will be more "role reductions" at the e-commerce behemoth in early 2023 as the company leadership continues to "make adjustments." What Happened: Jassy said in a letter to employees that Amazon's "annual planning process" which the company is...

Major Wall Street indices closed in the red and bond yields rose on Thursday as investors and traders digested comments from a Federal Reserve official in the context of potential interest rate hikes in the future. St. Louis Federal Reserve President James Bullard stated on...

Alibaba Group Holdings, Ltd (NYSE: BABA) gapped down more than 3% to open Thursday’s trading session before surging over 10% from the open after printing mixed third-quarter earnings before the bell. For the quarter, revenue increased 3% year-over-year to RMB 207,176 million ($29.12 billion...

U.S. markets closed in the red on Wednesday after Target Corporation’s (NYSE: TGT) decline in holiday-quarter sales brought down retail stocks. The Nasdaq closed over 1.5% lower, while the S&P 500 and the Dow ended the session 0.83% and 0.12% lower, respectively. Meanwhile, here are the...

Wayfair Inc (NYSE: W) shares are once again back below $40 and are now down more than 85% in the last 12 months. New Constructs CEO David Trainer has added Wayfair to his Zombie Stock list, and Trainer said this week Wayfair investors may still have more pain ahead. Trainer's Wayfair Call:...

Major Wall Street indices closed in the red on Monday, in a reversal of last week’s rally driven by softer inflation data. On Sunday, Federal Reserve Governor Christopher Waller said markets should pay attention to the "endpoint" of rate increases, not the pace...

Alibaba Group Holdings Inc (NYSE: BABA) was trading higher premarket Monday after gaining 1.43% higher in Friday's session as the stock continues to trend in a rising channel pattern that Benzinga pointed out Nov. 4. The Hang Seng Index closed in Hong Kong up 1.7% to start...

The Dow Jones Industrial Average rose over 1,200 points on Thursday in its biggest one-day rally in over two years after a softer inflation report gave optimism to investors and traders that price rises may have peaked out.  The Nasdaq Composite closed 7% higher while the S&P 500...

Major Wall Street indices closed nearly 2% lower on Wednesday after the day was marred by uncertainties including the outcome of the mid-term elections and a sell-off in the cryptocurrency market. Binance walked away from a deal to acquire FTX.com Wednesday after examining the...

Etsy Inc (NASDAQ:ETSY) said Wednesday that new buyer acquisition has remained well above where it was before the COVID-19 pandemic. What Happened: The company said that the number of new buyers touched 6.3 million in the third quarter. New buyers decreased by 10% on a year-over-year basis from 7...