Rubius Therapeutics, Inc. - Common Stock (ONLN)

Amazon downsized employees in communication & sustainability units to cut costs. They may redistribute headcount & provide financial support.

AWS and Booz Allen announce expanded partnership to enhance technology solutions for U.S. government missions, including cloud migration, cybersecurity, and AI. AWS plans to release Q4 2024 results on 2/6/2025.

Amazon's drone delivery pauses in Texas and Arizona due to software fix after two crashes. Industry expects business to be $10B by decade's end.

AWS launches Thailand region with $5B investment, creating jobs and contributing to GDP. Plans to add 15 more zones and invest $11B in Georgia.

Alibaba Cloud partners with Chinese startup 01.AI to develop AI models, amidst price wars and market share battles. BABA stock up 11% last year.

An analysis and commentary on the financial markets.

eBay and Klarna expand partnership to offer Buy Now Pay Later options to more European shoppers, enhancing payment flexibility and aligning with consumer preferences.

Alibaba Group Holding (NYSEBABA) traded up on news of China's Central Economic Work Conference, with investors anticipating stimulus measures.

While several ETFs are poised for solid gains, these five ETFs look to benefit the most from the annual shopping event.

Amazon stock rises to record highs on strong holiday sales and optimistic growth signals from AWS conference, with 160% rally since 2023.

Matt Garman, CEO of Amazon, describes AI as a transformative technology with endless potential. AWS re:Invent to showcase AI and cloud updates.

Jack Ma returns to Alibaba campus amid efforts to boost business confidence in China. Alibaba stock up 16% this year, reports Q2 earnings beat.

Coupang reports Q3 results, net revenues up 27%, gross profit up 45%, active customers up 11%, adjusted EPS beats consensus.

Chewy Inc (CHWY) to replace Stericycle Inc (SRCL) in S&P MidCap 400; Goldman Sachs pinpoints Chewy and 19 other stocks with high short interest for short squeeze opportunities; Chewy's Q2 earnings surpass expectations.

Shares of AMZN spiked as much as 5.7% in aftermarket hours on elevated volume. ETFs having a substantial allocation to this online behemoth are also set to soar.

EBay reports lower Q3 results, gives below-consensus revenue guidance for Q4 and FY24. Revenue and gross merchandise volume increase.

Container Store and Beyond, Inc. stocks rise in premarket trading after announcing a $40 million investment partnership to enhance customer experience.

EBAY expands Circular Fashion Fund to support start-ups with $1.2 million investment, open for applications until Nov 15, 2024.

EBAY reportedly won dismissal of EPA lawsuit over alleged environmental violations.

Recent developments suggest that Amazon may be ramping up its interest in nuclear energy to fuel its growing needs.

Amazon raises hourly pay by $1.50 for front-line employees, bringing average total compensation to $29/hr. Total investment of $2.2B for 800K employees.

Amazon CEO Andy Jassy is making changes to reduce bureaucracy and increase in-office work, sparking concerns and affecting stock prices.

Amazon's success not based on e-commerce, but high-margin services like advertising and cloud; e-commerce only accounts for 58% of revenue.

Alibaba forms new digital technology company with focus on goods, food, and tech services. Stock down 13% in past year due to crackdown and competition

ADRs of PDD Holdings Inc. plunged 30% due to disappointing Q2 earnings and a bleaker revenue forecast, causing ETFs with exposure to suffer.