Investments and investor services
Apple, Amazon, Alphabet, Biomerica - AFTER HOURS
Some of the biggest names in the technology sector reported last night, with mixed results.
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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BT's costs could balloon if Amazon enters race for Premier League rights auction
Amazon and Netflix are rumoured to be taking part in the next bidding round for the rights to broadcast the Premier League
Amazon shares surge as it beats estimates and ad revenue grows 60% in latest quarter
Net income was US$1.9bn, more than double from the same period last year
FTSE 100 slides as dollar rallies on expectations of a March rate hike by the Fed
US workers' pay increased 2.9% year-on-year, compared to expectations of a 2.6% increase.
Analysts see strong holiday demand for Amazon ahead of fourth quarter numbers
Proactive takes a look at Amazon ahead of the fourth quarter results later
Dow Jones registers biggest loss in eight months as benchmarks plunge
US stocks closed sharply lower on Tuesday with the Dow Jones tanking 362 pts
Amazon, Berkshire Hathaway and JPMorgan to form healthcare company for employees
“The ballooning costs of healthcare act as a hungry tapeworm on the American economy,” said Warren Buffett
FTSE 100 finishes sharply lower as financial stocks weigh
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
Amazon earnings preview: Revenue lifted by strong holiday sales and Whole Foods
“Margin expansion will likely be tempered somewhat by increased spending, while nonetheless leaving significant room for earnings growth," said Wedbush
FTSE 100 closes higher, just, with miners in support
The FTSE 100, dragged higher by the miners, got off to a strong start today, but closed juts about six points higher
Starbucks, Wal-Mart, American Airlines and Intel - AFTER HOURS
Strong results from "Chipzilla" - Intel, if you prefer - but an insipid serving from Starbucks.
Strong demand for its high-speed internet helps Comcast beat Wall Street estimates with fourth quarter results
The addition of 350,000 new high-speed internet customers and a solid performance from the theme parks business more than offset a fall in video subscribers
Hardware & electrical equipment
Apple announces launch date of HomePod smart speaker after delay
The HomePod will be available in the US, UK and Australia from February 9
S&P 500 and Nasdaq reach fresh records; Netflix surges
Netflix was the; story of the day after its results, but benchmarks closed mixed
Amazon opens first check-out free grocery store in the US
The Amazon Go store could prompt a major upheaval of bricks-and-mortar retail
Royal Mail trading update falls flat amid tough competition and declining letter volumes
Royal Mail's revenues rose 2% in the nine months to December 24 but shares fell as investors took profits
Royal Mail's European parcel business continues to drive revenue growth
Royal Mail reported a better-than-expected decline in letter volumes for the period
Amazon shares boosted by double analyst upgrade
Oppenheimer analysts moved their price target up to US$1,450 on the back of a favourable macroeconomic backdrop, while BMO hiked their target to US$1,600 due to the potential of Amazon’s ad business
Google to expand network of undersea cables to speed up cloud computing business
Google is playing catch up to rivals Amazon and Microsoft in the multibillion-dollar cloud computing market
First week of 2018 characterised by succession of new closing highs
After a slow start, stocks picked up the pace, with the Dow enjoying its best week since the first week of last month