Amazon also posted record profits on Thursday. AFP / Getty Images Amazon.com Inc. obtained approval from the Federal Communications Commission to build a $ 10 billion satellite internet network that would rival SpaceX’s Starlink network. In documents released Thursday, the FCC authorized Amazon’s request to build a network of more …
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Text size Packages from Amazon.com Inc. are stacked on the sidewalk in New York, USA, on Thursday, June 11, 2020. Jeenah Moon / Bloomberg With a big boost from accelerated e-commerce adoption amid the Covid-19 pandemic, Amazon. com released second-quarter financial results that dramatically exceeded Wall Street estimates and the …
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Text size Street’s consensus is $ 52.1 billion in revenue and profit of $ 2.09 per share. Justin Sullivan / Getty Images This could be the quarter that Apple‘s earnings don’t really matter. Well, okay, they matter. But the truth is that Apple investors (ticker: AAPL) are uniquely focused on …
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Benchmarks for US stocks opened on Wednesday with gains as investors expected the conclusion of a Federal Reserve policy meeting later in the day, saw talks about a coronavirus aid package in Congress and They waited for a highly anticipated Congressional audience with the Silicon Valley giants and e-commerce. The …
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Text size It is the busiest week of the second quarter earnings season, with 171 S&P 500 companies slated to report. Things start slowly on Monday, before 3M, Advanced Micro Devices, eBay, McDonald’s, Pfizer, Starbucks and Visa reported on Tuesday. On Wednesday, Boeing, Facebook, General Electric, PayPal Holdings, Qualcomm and …
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