US markets finish mixed as Dow drops triple digits on slashed 3M guidance
Otherwise, US markets finished in the green on another busy day of earnings season
Company
Amazon.com Inc
NASDAQ:AMZN
Amazon.com Inc provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. The company manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo and Ring, and it develops and produces media content.
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Hardware & electrical equipment
Microsoft flies above $1trn high as cloud lifts earnings
The Windows software developer is currently the most valuable company in the world
Hardware & electrical equipment
WANdisco loses its groove as losses widen
The IT firm reported a pre-tax loss for the year of US$19.4mln, wider than the US$14mln loss the year before, while revenue fell to US$17mln from US$19.6mln
Archive
FTSE 100 closes in the red as resource stocks come off the boil
After hitting a six-month high on Tuesday afternoon, London's blue-chips took a step back on Wednesday
Netflix turns south in roller-coaster trading following worrisome quarterly report
Executives reassured investors that competition from Apple and Disney isn’t as troublesome as some thought, but its shares dipped again
Blue Apron stock climbs after replacing CEO
CEO Bradley Dickerson will pass the baton next week to Etsy’s former chief operating officer Linda Kozlowski
Are tobacco and supermarket stocks not the “safe harbour” investments they once were?
Most safe harbour stocks have been confined to a select group of market sectors that include tobacco and food retailers, although enthusiasm seems to be waning for these once dependable stocks
Hardware & electrical equipment
Amazon is planning a free news app for Fire TV
The app is expected to feature digital content and live video from various TV networks, according to sources
The residential Real Estate industry prepares for its day of reckoning
There’s no denying that the buy-side of the real estate industry has been, and remains, ripe for disruption
Investments and investor services
S&P/ASX 200 trends steadily higher led by Energy and Materials
The ASX200 is up 17.1 points or 0.30% higher to 6,153.1.
Hardware & electrical equipment
Samsung and Apple face tough battle in tackling stagnant smartphone market
Samsung said first-quarter profit would likely miss market expectations due to declines in chip prices and slowing demand for display panels
Google’s Stadia platform promises to up-end the gaming industry, but what does it mean for investors?
Stadia promises a paradigm shift for the gaming industry, which has already in recent years seen huge incursion by smart phone games like Candy Crush
Hardware & electrical equipment
Global Gaming's X2 Games to share a booth with Amazon at the Game Developers Conference
The company will also showcase St Noire, a murder-mystery board game that you play with Amazon Alexa at the South by Southwest Conference
B&M shares gain as Barclays initiates coverage with 'overweight' rating
"B&M has entered a virtuous circle in which like-for-like sales growth and new store expansion increase its volumes, which in turn reduce its cost ratios and allow it to invest in prices and put pressure on peers," Barclays said
Amazon.com closes all 87 pop-up stores
The shutting of the small shops is set to occur before the end of April, per the Wall Street Journal
GNC Holdings set to sell women's health products after tie-up with Alani Nutrition, Amazon
Alani Nutrition is a women's supplement brand, which provides a range of health and sports nutrition products
Sainsbury's continues to trail behind rivals in latest industry data
Sainsbury's was the only big four supermarkets to post a sales decline
As M&S and ITV unveil tie-in deals, is the plug-and-play/consolidation model becoming the default catch-up method for digital?
With M&S choosing to anchor itself to online grocer Ocado and ITV and the BBC pooling their efforts in online streaming, have tie-ins and consolidation become the best strategy to ward off the surge in digital competition?
Hardware & electrical equipment
Amazon to New York: Drop dead
The e-commerce giant abandons its plan to build a headquarters in Long Island City after an outcry over incentives
Amazon’s recent delivery expansion is bad news for Royal Mail, says UBS
The Swiss bank has highlighted the recent growth of Amazon’s delivery business in the UK as a key factor in why Royal Mail is struggling to charge more for delivering parcels