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A rapid resurgence in U.S. inflation numbers, with August CPI held at 3.4%, along with a dramatic spike in crude oil prices toward $100 a barrel, has been calling for a strict monetary policy measure from the nation's central bank. Consequ…
On July 30, Amazon AMZN came out with second-quarter earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.83 per share and year-ago level of earnings of $1.68 per share. The company posted revenues of $200.61 billion, su…
[Amazon Office Building] hapabapa Amazon (AMZN [https://seekingalpha.com/symbol/AMZN]) is lined up to report second quarter earnings on July 30 after the market closes. Investors will be looking for proof that AWS growth is reaccelerating,…
In the age of billionaires like Elon Musk, Larry Ellison and Jeff Bezos, and the outsize companies they lead: Market-cap weighted indexes are out of whack. Or more diplomatically, they’re highly concentrated. One theme this year has been t…
[Amazon fulfilment centre] georgeclerk/iStock Unreleased via Getty Images Jeff Bezos’ ownership in Amazon (NASDAQ:AMZN [https://seekingalpha.com/symbol/AMZN]) has slipped below the 10% threshold for the first time, underscoring a gradual r…