Amazon.com Inc

December tends to be a strong month for the market.  Here's how our stocks have performed recently

December tends to be a strong month for the market. Here’s how our stocks have performed recently

Seasonal trends are an often-discussed topic on Wall Street, especially at this time of year as the market approaches the so-called “Santa Gathering” window in late December. This year’s bear market certainly has investors hoping for a bit of holiday cheer. So we thought we’d take a look at what the Santa’s Rally phenomenon is …

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Cramer talks about some hot industrial stocks and how we play Wall Street's kingpin from tech

Cramer talks about some hot industrial stocks and how we play Wall Street’s kingpin from tech

The market is so obsessed with technology that it cannot see the forest through the industrialists. If the talk isn’t about the cloud slowdown, it’s about who is stepping down from the now-private Twitter, or how disappointing it is that co-CEO Bret Taylor has left Salesforce (CRM). Mark Zuckerberg of Meta Platforms (META) might sneeze …

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Amazon's cloud unit faces cost-sensitive customers as economic fears rise

Amazon’s cloud unit faces cost-sensitive customers as economic fears rise

Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business with some of the world’s largest technology vendors. But as companies face the most discouraging economic environment since the 2008 financial crisis, those massive checks they send to AWS for their technology infrastructure are coming under …

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Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside |  CNN Business

Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN Business

CNN Business — Amazon CEO Andy Jassy said on Wednesday that an “uncertain” economy had prompted the e-commerce giant to press ahead with rare and wide-ranging layoffs after it carried out a major wave of job losses. hiring during much of the pandemic. “We had the target for a very uncertain economic environment, as well …

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'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

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A technological rebound may be necessary for a full market recovery.  These are the stocks that could lead

A technological rebound may be necessary for a full market recovery. These are the stocks that could lead

The key to a sustained market recovery may lie in one of the weakest sectors this year: technology. As of Friday’s close, the Nasdaq Composite was 30% off its closing high of 16,057.44 on Nov. 19, 2021. It has sold off sharply since then as tech stocks have fallen amid runaway inflation and higher Federal …

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Fired from your technical job?  Here's what you need to do to increase your chances of getting hired

Fired from your technical job? Here’s what you need to do to increase your chances of getting hired

The tech world has been rocked by mass layoffs as giants like Meta, Twitter and Elon Musk-owned Amazon bleed jobs amid economic uncertainty. The number of IT layoffs in 2022 alone accounts for more than half of all layoffs since Covid-19, according to layoffs.fyi, a tracking website. “Tech companies of all shapes and sizes are …

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Exclusive: Jeff Bezos says he will donate most of his money to charity |  CNN Business

Exclusive: Jeff Bezos says he will donate most of his money to charity | CNN Business

Washington CNN Business — Amazon founder Jeff Bezos plans to donate the majority of his $124 billion net worth over his lifetime, telling CNN in an exclusive interview that he will dedicate most of his wealth to the fight against climate change and supporting people who can unite humanity in the face of deep social …

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