New Jersey sued Amazon, accusing it of wielding "monopsony" power over its legions of contracted delivery companies. The complaint alleges Amazon's third-party delivery model leads to lower wages, unfair working conditions and a lack of competition.
The gig economy offers numerous advantages. If you wish to make the most of this rising trend, focusing on stocks like ETSY, UBER and DASH appears judicious.
Palantir's CEO just described his company's latest quarter with a word rarely used in earnings calls, and the market reaction is making traders pay attention. With oil sliding on Mideast diplomacy and Caterpillar staging a premarket surge, bulls are testing whether the momentum holds.
Bezos will sell 15 million Amazon shares with an aggregate market value of about $4.1billion, according to a new filing. The filing came after Amazon climbed to an all-time high on Monday, extending gains sparked by last week's quarterly results.
S&P 500 companies are turning in their strongest earnings season in five years. And a handful of sectors are doing most of the heavy lifting.
All the major public cloud service providers reported top-line growth last quarter, reflecting still-growing demand for AI infrastructure. Google Cloud, however, is gaining market share at the expense of its top competitors.
New York tried this before. Back when horizontal drilling and hydraulic fracturing were unlocking the biggest domestic energy boom in a generation, Albany, worried about water tables and quakes, outright banned the shale beneath the Southern Tier.
Good morning. And welcome, Amazon, to the club. It seems like just yesterday—June 26, 2024 to be precise—that the company turned $2 trillion.
The Magnificent Seven was never a durable investment approach, destined to stop working like earlier versions of the same theme.