Three of the most prominent businesses in the U.S. are taking steps to change their services to comply with the California Consumer Privacy Act. Google Parent Alphabet Inc. GOOGL, + 2.60% GOOG, + 2.67% , Facebook Inc. FB, + 0.45% , and Amazon.com Inc. AMZN, + 4.08% are the top …
Read More »Amazon is betting on office work with expansion in big cities
Amazon.com Inc. expands its physical offices into six U.S. cities and adds thousands of business jobs in those areas, an indication that the tech giant is making long-term plans for office work, even if other businesses include continued remote employment. Amazon is preparing to add 3,500 business jobs across hubs …
Read More »Delay of Amazon Prime Day, uncertain back-to-school changes the store calendar
Shoppers may just count on end-of-summer offers and promotions after school this time of year, but the coronavirus pandemic has thrown the retail calendar out of the way, making year-over-year comparisons difficult. “Changes in expenditure on school / college are the latest factor comparison compared to last year. We are …
Read More »SoftBank made big bets on Amazon, Netflix and Tesla Stock in the second quarter
Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Tesla, Walmart, Nvidia, Home Depot, and Other Investor Supplies to Watch This Week
Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
Read More »