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“#Stocks slip on Amazon drop, but still on track for monthly gain” Stocks fell in afternoon trading on Wall Street Friday with internet retail giant Amazon weighing down major indexes following a weak sales report and forecast. The S&P 500 index fell 0.5% as of 12:17 p.m. Eastern and is on pace for a weekly…
“#Amazon stock tanks after weak earnings, massive fine” Amazon stock tanked after the company warned it expects sales growth to slow as the pandemic wanes, even as it got slapped with a record fine from the European Union. The Seattle-based e-commerce giant’s stock dropped more than 7 percent to 3,347.99 in midday trades on Friday…
“#Melinda French Gates, Mackenzie Scott team up for $40M donation” The divorcee and soon-to-be divorcee of two of the richest men in the world are teaming up to give away $40 million to four organizations that promote gender equality. Melinda French Gates, the estranged wife of Microsoft founder Bill Gates, and Amazon founder Jeff Bezos’…
“#FDA flags Amazon over sale of harmful sex enhancement goods” The Food and Drug Administration notified Amazon over the sale of sexual enhancement and weight-loss products that had potentially harmful drug ingredients, in a letter addressed to the company’s new boss Andy Jassy. Amazon said it has removed the products in question, and will continue to…
“# Bitcoin bulls control Friday’s $1.7B monthly options expiry ” On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls will be able to profit from the $40,000 call (buy) options. The most…
“#Goliath Final Season Premiere Set at Amazon” The end of Goliath is in sight. Amazon on Tuesday revealed that the long-delayed final season of the thriller would arrive Friday, September 24. All eight episodes will be available on that date. In the final season, Billy returns to his Big Law roots after Patty (Nina Arianda)…
“# Amazon denies rumored plans for Bitcoin support ” Amazon has refuted recent speculation it may be readying to support Bitcoin payments, asserting it currently has no plans for BTC. According to a Reuters report on July 27 citing a spokesperson from the firm, Amazon remains interested in the crypto industry but has no specific…
“#Bitcoin surges after Amazon hints it may enter crypto space” The price of bitcoin surged Monday morning to as high as $39,770 per coin after a job posting from Amazon hinted that the company is considering embracing cryptocurrencies. The price of the digital currency was last seen trading almost 11 percent higher, at $38,200 per…
“# Amazon plans to accept Bitcoin payments this year, claims insider ” An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions. “This isn’t just going…
“#Teen on space flight told Bezos he had never ordered from Amazon” The Dutch teenager who became the world’s youngest space traveler this week surprised billionaire Jeff Bezos on the flight by telling him he’d never ordered anything on Amazon. Oliver Daemen, an 18-year-old physics student, accompanied Bezos, his brother Mark Bezos and 82-year-old female…