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Amazon Was Founded 29 Years Ago Today: If You Invested $1,000 In Amazon Stock At IPO In 1997, Here's How Much You'd Have Now
Wednesday, July 5, 2023 - 2:54pm | 630While July 4 marks a well-known anniversary for the United States of America, the following day marks the anniversary of one of the largest and most well-known American companies. Leading e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) was founded on July 5, 1994. Here’s a look at how shares...
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Bank of America Passes Stress Test While Overstock.com Gains Attention: Stock Market Highlights
Wednesday, June 28, 2023 - 8:49pm | 620U.S. stocks traded mixed toward the end of trading, with the Dow Jones dropping around 70 points on Wednesday. The Dow traded down 0.22% to 33,852.66 while the NASDAQ rose 0.27% to 13,591.75. The S&P 500 also fell, dropping 0.04% to 4,376.86. These are the top stocks that gained the attention...
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If You Invested $1,000 In Amazon Stock At IPO, Here's How Much You'd Have Today
Thursday, June 15, 2023 - 1:08pm | 526Ecommerce leader Amazon.com Inc (NASDAQ: AMZN) is valued at over $1.25 trillion in 2023. In 2003, the Seattle-based company was unprofitable and valued at less than $1 billion, but every business has to start somewhere. Here’s a look back at the Amazon IPO and how much investors could have...
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Alibaba Unveils Its Spin-Off Plans
Thursday, June 1, 2023 - 4:42pm | 928Chinese e-commerce giant Alibaba Group Holdings Ltd. (NASDAQ: BABA) announced in November 2022 that it would be spinning off six companies. Ali Baba has been referred to as the Amazon.com Inc. (NASDAQ: AMZN) of China. It is the second largest e-commerce company in China, behind Meituan. Alibaba...
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E-Commerce Troubles Cast Shadow Over Quantgroup IPO Plans
Thursday, March 2, 2023 - 9:18am | 978Key Takeaways: Profits at Quantgroup Technology have jumped since it launched an e-commerce transactions business But investors could be troubled by a wave of complaints about its Yangxiaomie consumer platform By Lau Ming After lifting Covid controls, China is counting on its consumers to drive...
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Shopify Q4 Earnings Highlights: Revenue And EPS Beats, GMV Up 13%, Q1 Guidance And More
Wednesday, February 15, 2023 - 6:05pm | 470Global commerce company Shopify Inc (NYSE: SHOP) reported fourth-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Shopify reported fourth-quarter revenue of $1.73 billion, up 26% year-over-year. The revenue total beat a Street estimate of $1.65...
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Amazon's Retail Strength Outshines AWS Slowdown, Analysts Are Raising Price Targets
Friday, February 3, 2023 - 1:38pm | 779E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported fourth-quarter financial results after market close Thursday. The results showed growth of the AWS cloud business and several hits on Amazon Prime Video helping boost subscriptions. Analysts weighed in with their takes on the financial...
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If You Invested $1,000 IN Amazon Stock After Jeff Bezos Got Divorced, Here's How Much You Would Have Now
Friday, February 3, 2023 - 12:14pm | 635E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) has been one of the best-performing stocks of the past 20 years thanks to huge growth in market share for e-commerce and expansion into new areas such as the cloud, video games and streaming. In recent years, Amazon investors had to hold...
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Amazon Q4 Earnings Highlights: Revenue Beat, EPS Miss, Thursday Night Football, The Lord Of The Rings, Cloud Growth And More
Thursday, February 2, 2023 - 5:30pm | 738E-commerce leader Amazon.com (NASDAQ: AMZN) reported fourth-quarter earnings after the market close Thursday. Here are the key highlights. What Happened: Amazon reported fourth-quarter net sales of $149.2 billion, up 9% year-over-year. The total came in ahead of a Street estimate of $145.45 billion...
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'When I Find Things I Have A Lot Of Conviction In, I Go All-in': Ryan Cohen's Stake In Alibaba And History Of Activism
Tuesday, January 17, 2023 - 3:32pm | 1319Activist investor Ryan Cohen has made a name for himself for investments in several companies that became popular with retail traders, including GameStop Corp (NYSE: GME) and Bed Bath & Beyond (NASDAQ: BBBY). Now, a new holding by Cohen has been announced. Here’s a look at his new...
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Exclusive: Top 10 Most Searched Tickers On Benzinga Pro In 2022 — Where Do SPY, Tesla, Apple And AMC Rank?
Monday, January 9, 2023 - 5:34pm | 1445Each trading day features hundreds of headlines and press releases on Benzinga Pro, a leading source for traders to see the latest news on the overall market and individual tickers all in one convenient location. Here is a look at the most-searched stocks on Benzinga Pro for 2022, ranked in order....
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Amazon Stock Plunges After Q3 Earnings: The Details On Revenue Miss, EPS Beat, New Prime Video Content, Disappointing Guidance
Thursday, October 27, 2022 - 4:28pm | 623E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know. What Happened: Amazon reported third-quarter revenue of $127.1 billion, an increase of 15% year-over-year. The total came in shy of...
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Why Are People Talking About E-Commerce In Vietnam?
Tuesday, September 27, 2022 - 8:25am | 853The internet revolution has disrupted the way people do their shopping. Lining up in a store and waiting to pay for goods at the checkout is seemingly becoming a thing of the past thanks to the booming e-commerce industry. The number of goods purchased online has risen every year. Data...
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If You Invested $1000 in Amazon Stock When It Acquired Whole Foods, Here's How Much You'd Have Now
Saturday, July 30, 2022 - 4:10pm | 361Ecommerce giant Amazon.com Inc (NASDAQ: AMZN) made its largest acquisition of all time in 2017 with the announcement it was purchasing physical retailer Whole Foods. Here’s a look at the acquisition and how shares have performed since the deal was announced. What Happened: Amazon announced on...
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Amazon Q2 Earnings Highlights: Revenue Beat, Loss On Rivian Investment, Prime Day, Guidance And More
Thursday, July 28, 2022 - 4:28pm | 617E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported second-quarter financial results after the market close Thursday. Here are the key highlights for investors. What Happened: Amazon reported net sales of $121.2 billion in the second quarter, up 7% year-over-year. The total came in ahead...