Amazon. AMZN 2.40% com Inc.’s board on Wednesday approved a 20-for-1 stock split and authorized the e-commerce giant to repurchase up to $10 billion of the company’s common stock. An Amazon spokeswoman said the split will make the split-adjusted share price more accessible for potential investors and will allow employees more flexibility in how they … Read more
Employees at many Apple Inc stores in the United States are working to unionize, the Washington Post reported on Friday, citing people familiar with the efforts. The report said employee groups at at least two Apple retail stores are backed by major national unions and are preparing to file paperwork with the National Labor Relations … Read more
Activist investor Daniel Loeb, whose Third Point LLC counts Amazon.com Inc . as one of its biggest holdings, told investors on Wednesday that he sees roughly $1 trillion in untapped value at the e-commerce giant. Mr. Loeb said on a private call with the hedge fund’s investors that the market is failing to recognize the … Read more
Here are the biggest calls on Wall Street on Source link
Stung by rising rates, tech stocks have stumbled out of the gate in 2022, but strategists say don't give up on the group even if they face a rocky period ahead. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Monday after the Dow Jones Industrial Average and S&P 500 notched new record closes on the first trading day … Read more
A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many … Read more
2022 is poised to be the biggest year yet for “the metaverse,” as Facebook parent Meta, Apple, Microsoft and Google gear up to release new hardware products and software services in what so far has been a niche market for early adopters. The “metaverse” describes software and hardware that allow users to play or work … Read more
A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with … Read more
Goldman Sachs' dividend and buyback baskets have outperformed the S&P 500 this year. Source link