Tag: NASDAQ:AMZN
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Amazon’s Inaugural Foray into Direct Air Capture Climate Technology: A Game-Changer in Emissions Reduction
Amazon.com (NASDAQ:AMZN), the e-commerce behemoth, has taken its inaugural step into direct air capture (DAC) technology, a process that removes emissions from the atmosphere. The company announced its commitment to purchase 250,000 tons of removal credits over the span of a decade, according to a statement released on Tuesday. These credits will be procured from…
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TikTok’s Challenge To Compete With Amazon With Its Own Marketplace
TikTok’s marketplace, known as TikTok Shop, represents the platform’s biggest bet as a new source of revenue growth. Initially available to some users in the United States, it currently resembles a storefront for low-cost Chinese products. The Shop feature of the app, which originally started as a social media platform, prominently displayed among the “For…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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Amazon Shareholder Sues Board, Bezos Over Blue Origin Launch Contracts
An Amazon (NASDAQ:AMZN) shareholder has filed a lawsuit against founder Jeff Bezos and Amazon’s board, alleging that the directors failed to adequately evaluate the decision to award launch contracts for the company’s Project Kuiper satellite to Blue Origin, Bezos’ space company. The lawsuit, filed earlier this week by Cleveland Bakers and Teamsters Pension Fund, claims…
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Thursday’s Wall Street Highlights: UBS, Microsoft, Shopify, Salesforce, Okta and more
US index futures were mixed in premarket Thursday, with traders awaiting further US indicators and mulling over eurozone inflation data and UBS’s first earnings after the Credit Suisse acquisition. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 109 points, or 0.31%. S&P 500 futures were up 0.07% and Nasdaq-100 futures were down 0.11%. The 10-year Treasury yield…
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Tuesday’s Wall Street Highlights: Alphabet, Verizon, Joann, Intel, Catalent, and more
US Index Futures are marginally lower in Tuesday’s premarket, awaiting important economic data, which may define the trajectory of interest rates around the world. By 6:51 AM, Dow Jones futures (DOWI:DJI) were down 7 points, or 0.02%. S&P 500 futures were down 0.01% and Nasdaq-100 futures were down 0.01%. The 10-year Treasury yield was at 4.21%. On…
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Friday’s Wall Street Highlights: Hawaiian Electric, Disney, AMC, Affirm, Ulta Beauty, and more
US index futures are up in premarket trading on Friday, in a day with few major indicators around the world, awaiting Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium. By 6:40 AM, Dow Jones (DOWI:DJI) futures were up 109 points, or 0.32%. S&P 500 futures rose 0.30% and Nasdaq-100 futures were up 0.16%. The yield…
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Thursday’s Wall Street Highlights: Boeing, Nvidia, Guess, J&J, GM, and more
US index futures are higher in premarket trading on Thursday, reflecting chipmaker Nvidia’s strong results (NASDAQ:NVDA) yesterday and ahead of the Jackson Hole symposium in the US, which starts today and could provide clues about the interest path. By 6:46 AM, Dow Jones Futures (DOWI:DJI) fell 22 points, or 0.06%. S&P 500 futures were up 0.58%…
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Wednesday’s Wall Street Highlights: Nvidia, Apellis Pharmaceuticals, UPS, AMC, and more
US Index Futures are trading higher in the pre-market session on Wednesday, a day set for the release of a global sector economic activity indicator and ahead of Nvidia’s earnings (NASDAQ:NVDA) and the Jackson Hole symposium, which begins tomorrow. As of 06:46 AM, Dow Jones futures (DOWI:DJI) were up 71 points or 0.21%. S&P 500…
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Tuesday’s Wall Street Highlights: Baidu, Lowe’s, American Airlines, S&P Global, and more
US Index Futures are up in Tuesday’s premarket, extending the correction movement started yesterday, after a sequence of declines, keeping an eye on corporate news and waiting for indicators and members of the Federal Reserve. By 6:51 AM, Dow Jones (DOWI:DJI) futures were up 77 points, or 0.22%. S&P 500 futures were up 0.39% and Nasdaq-100 futures…