Online Retail ETF (ONLN) Hits New 52-Week High

Weekly Report: what happened at ONLN last week (0422-0426)?

Amazon's AWS Mega Investment Marks Indiana's Biggest Capital Infusion Ever

Amazon.Com Inc. Plans to invest $11 billion to establish a data center campus in north central Indiana. The company's cloud unit will create at least 1,000 new jobs. The upcoming data centers will house essential cloud computing infrastructure for the company's Amazon Web Services.

Weekly Report: what happened at ONLN last week (0415-0419)?

E-Commerce Boosts U.S. Retail Sales: ETFs to Tap

Amazon Aims to Outdo Walmart's Retail Game, Boosts Cashierless Tech in Stores

Amazon.com Inc has announced plans to significantly expand its “Just Walk Out’ cashierless shopping technology in third-party stores. The company is aiming to more than double its current deployment from 140 stores to more external locations. This technology lets customers shop without waiting at a register and scan an app to pay for their items. The move contrasts with Amazon’s strategy for its Fresh grocery stores.

Weekly Report: what happened at ONLN last week (0408-0412)?

5 ETFs to Tap Amazon's Growth Story

US Embargo On Nvidia Stings Hard, China's AI Development Lags Peers: Alibaba's Joe Tsai Reveals

Alibaba Group Holding Ltd (NYSE:BABA) announced significant price reductions of up to 59% for its cloud services. The company reduced prices by an average of 23% across 500 cloud product specifications for clients in 13 regions. This is the company's second significant price cut in recent months.

Weekly Report: what happened at ONLN last week (0401-0405)?

Amazon Revives Bellevue Tower Construction, Eyes Office Expansion Amid Hybrid Work Shift

Amazon.Com Inc is restarting construction of a 42-story office tower in Bellevue, a Seattle suburb. The company had halted work on 22 floors since 2022. The pause in 2022 affected five towers in the area and new offices in Virginia and Nashville. Amazon has already opened half of the Bellevue tower.

Is Amazon Poised for Major Shift With Potential Dividends and Share Buybacks on the Horizon?

Amazon.com Inc has a record-breaking $32 billion in free cash flow in 2023. The company is known for its conservative approach to returning capital to shareholders. Amazon's cash reserves are expected to surpass $86 billion by the end of 2023 and is expected to double in 2024.

Amazon AWS Launches Deadline Cloud, To Transform Media and Entertainment Content Creation Rendering

Amazon.Com introduced Deadline Cloud, a service designed to facilitate the setup, deployment, and scaling of graphics and visual effects rendering pipelines using the AWS cloud infrastructure. The service is specifically tailored for the media and entertainment industry. Deadline Cloud enables customers to leverage AWS’s computing power for rendering content.

ETF Prime: Rosenbluth on VettaFi Polling and More

Weekly Report: what happened at ONLN last week (0325-0329)?

Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry

Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.

Why Overstock Parent Beyond Shares Are Rising Today

Beyond, Inc. Announced a partnership with X, formerly known as Twitter. The company is the parent company of Overstock, Bed Bath & Beyond, Zulily, and other brands. The stock has gained over 88% in the past year. Beyond recently acquired the intellectual property and brand assets of the flash sale retailer.

Alibaba's Logistics Arm Cainiao Boosts Employee Bonuses, Plans Major Incentive Overhaul

Alibaba's logistics arm Cainiao plans to double the year-end bonus for all employees in its next financial year. The move comes after Alibaba ditched the unit's initial public offering (IPO) of Cainiao Smart Logistics Network. Cainiao's move looks to boost employee sentiments.

BTIG is bullish on Amazon, saying the stage is set for a move above $200

BTIG is bullish on Amazon, saying the stage is set for a move above $200. The investment institution believes the stock has consolidated to a tight range. A move to $200 would reflect a roughly 12% gain in the online retailer's share price. The online retailer is currently trading near $179 a share.

Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans

Alibaba Group withdraws its initial public offering and listing application on the Hong Kong Stock Exchange. Alibaba Group has proposed an offer to minority shareholders to sell their shares to Alibaba Group at $0.62 per share. The company's logistics subsidiary, Cainiao Smart Logistics Network Limited, will be delisted.