Ocado shares drop as it warns fire at Andover warehouse will hit sales
Following the news of the fire, Peel Hunt downgraded its recommendation to ‘hold’ from ‘buy’ and slashed its target price to 1,000p from 1,700p
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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Google parent Alphabet’s investment splurge makes investors twitchy, overshadows revenue growth
The firm’s capital spending came in at US$7.1bn in the fourth quarter, up from US$4.3bn a year ago and taking the 2018 total to US$25.1bn, almost double 2017's figure of US$13.2bn
Wall Street finishes up with boost from technology companies
Shares of tech giant Alphabet (NASDAQ:GOOGL), the parent company of Google, closed up 2.5% but dropped 3.5% in after-hours trading
American Rebel builds a patriotic brand by embracing its connection to the heartland
Nashville music star Andy Ross rides the concealed carry wave by marketing coats and backpacks designed to hold guns and cracking open the market for safes and vaults
Charlotte’s Web spins a tale of growth in the hemp-based CBD space
What sets Charlotte’s Web apart from other hemp-based CBD companies is brand recognition, customer loyalty, and a growing distribution network
Amazon.com declines after e-commerce giant issues disappointing 1Q guidance
Earnings beat expectation, but the company's outlook pushed shares down
Hardware & electrical equipment
Microsoft shares slip on second quarter revenue miss
The results, which came in after-hours on Wednesday, reported revenues of US$32.47bn, up 12% year-on-year but just a touch below analysts' expectations of US$32.51bn
Peel Hunt shuffles ratings in media sector, Auto Trader and Euromoney dip on downgrades
The broker also slapped a downgrade on Moneysupermarket, while YouGov and Huntsworth were given better treatment and upgraded to 'buy' ratings
Hardware & electrical equipment
ROBO Global says smart factories with robots, automation will flourish in 2019
The ROBO Global Robotics & Automation Index captures the investment opportunity in robotics, automation and artificial intelligence
Google owner Alphabet fined €50M by France’s privacy regulator for breaching EU data protection rules
Google has come under CNIL’s scrutiny many times before but, under the old rules, fines couldn’t exceed the maximum of €150,000
Hardware & electrical equipment
Global Blockchain Technologies says X2 Games is new business focus
The acquisition of the gaming company established Atari co-founder Nolan Bushnell and Hollywood creative director Zai Ortiz in key leadership roles
American Rebel to exhibit its products at a slew of prominent trade shows
The company has a busy trade show schedule in the first quarter starting with the NSSF SHOT Show, NRA Great American Outdoor Show, NBS Spring Semi-Annual Market Show and the Iowa Deer Classic
BSQUARE and Amazon Web Services collaborate to accelerate Internet of Things adoption
Acting CEO Kevin Walsh says the tech software company would mine the collaboration with AWS to develop 'more advanced solutions' for its customers
Blue Apron shares pop on forecast of 1Q profitability
Blue Apron's partnership with the diet chain WW (Weight Watchers) is seeing “higher-than-expected demand” to date
Hardware & electrical equipment
Amazon takes top spot as most valued firm, but what happened to Apple?
The iPhone maker and tech giant beat Amazon last year to be the first US$1trn firm in history, however a series of glum figures and a shock profit warning have cut its stock price by 36%
Amazon takes over from Microsoft as world's most valuable listed company
Amazon was valued at US$797bn when the US stock market closed on Monday
Investments and investor services
FTSE 100 closes higher as markets climb on trade talk optimism
Trade talks between China and the US are said to be going very well, which has lit a fire under US equities
CryptoCann™ Report: Overstock to pay some Ohio taxes in Bitcoin; Oregon ended the year with 1.3M pounds of unsold cannabis flower
The leftover dried cannabis inventory may pressure Oregon growers to lower prices
US stocks erase Christmas Eve dive by delivering a Boxing Day boost
The Dow climbed by more than 1,000 points as gains from retail and energy stocks helped Wall Street to recover from severe losses endured on Christmas Eve
CryptoCann™ Report: Atari to offer blockchain-based games; former Miami Dolphin Ricky Williams launches CBD products line
Atari is teaming up with blockchain start-up Animoca Brands to create blockchain-based versions of mobile games 'RollerCoaster Tycoon Touch' and 'Goon Squad'