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Amazon Inc
Digital Economy
TikTok eyes US$17.5 bil shopping business on Amazon’s turf
ByteDance’s video app is fast expanding beyond advertising, as TikTok Shop seeks to significantly grow size of US business.
January 04, 2024
Tech
Amazon to invest US$12.7 bil in India cloud services by 2030
The US company’s cloud business already invested US$3.7 billion in the country from 2016 to 2022.
May 18, 2023
Tech
Amazon is closing its cashierless stores in NYC, San Francisco and Seattle
The affected stores will remain open until April 1, the company said Friday.
March 05, 2023
US Economy
Biden calls for antitrust measures to rein in power of Big Tech
Biden's comments marks the first time the word “antitrust” has been used in the State of the Union since 1979
February 08, 2023
US Economy
Amazon plans to cut 10,000 jobs in largest-ever layoffs for e-commerce giant
Amazon employed 1.54 million people at the end of September
November 15, 2022
Tech
Even tech giants can't escape the slowdown
The question for investors is how much of the slowdown is already reflected in stock prices.
July 25, 2022
Broker's Calls
FAANGM sector trading at ‘attractive valuations’ despite selloff: PhillipCap
Despite a selloff that saw the FAANGM grouping drop more than the NASDAQ and S&P500, PhillipCapital still remains positive on it.
May 13, 2022
Broker's Calls
PhillipCapital keeps 'buy' on Amazon amid lingering cost pressures
Photo: Bloomberg
May 10, 2022
Broker's Calls
PhillipCap maintains ‘overweight’ call despite regulatory risks for FAANGM increasing
PhillipCapital is optimistic on all the FAANGM stocks, giving "buy" ratings to almost all of them.
April 25, 2022
Broker's Calls
Amazon gets first 'sell' rating since 2020
Slowinski doesn’t any real catalyst in the near-term. He sees Alphabet as an emerging e-commerce play instead.
March 30, 2022