ValueAct Holdings, L.P. initiated a position in Amazon.com Inc. in the fourth quarter of 2024, purchasing 536,900 shares worth approximately $122 million, according to a 13F-HR filing with the U.S. Securities and Exchange Commission on Feb. 14.
European Commission President Ursula von der Leyen warned that Meta, Google, and other U.S. tech giants could face new EU digital advertising tariffs if trade talks with President Trump fail, as the bloc prepares retaliatory measures amid escalating transatlantic tensions.
Amazon CEO Andy Jassy warned that Trump's new China tariffs could drive up prices for consumers as third-party sellers pass on costs, while the company works to limit price hikes amid a 17.71% year-to-date stock decline.
The rollout follows a pilot program with Wolt, DoorDash’s international arm, in Helsinki, Finland, where Coco robots have been making deliveries since early this year.
Benchmark analyst upgrades Western Digital (WDC) to Buy with $55 price target, citing attractive valuation, expected data center growth and AI opportunities.
Stay informed about the most active S&P500 stocks in today's session as we take a closer look at what's happening on the US markets on Thursday. Discover the stocks that are generating the highest trading volume and driving market activity.
XLY slipped Thursday as investors took profits following Wednesday's tariff-driven consumer stock rally. Cooling inflation supported sentiment, but Amazon, Tesla, and others retreated after sharp previous gains.
If the Street can anticipate a resolution to all tariff issues over the next 12-18 months, the analyst notes the most significant opportunity for certain names in his e-commerce coverage group.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
The Trump administration announced a 125% tariff hike on goods imported from China; however, a White House official said this figure does not include the 20% fentanyl-related levy.
The benchmark index tumbled more than 1,060 points before recouping some of the losses, as traders evaluate the future course of action with respect to the Trump administration’s tariff action.
The Swedish company reported retail sales amounting to an estimated 12,304 units, driven by a growing uptake of newer models and transition to an active selling model.
