Amazon’s cloud unit may need to pass the profit growth baton to e-commerce
Amazon's retail business has "big shoes to fill," according to one Wall Street research firm.
Amazon's retail business has "big shoes to fill," according to one Wall Street research firm.
The stock was jumping around 6% and on pace for a record close Wednesday.
Sales at the cheap chic retailer Target have gotten hit as consumers buy less discretionary merchandise.
The roughly 27% rally since Aug. 5 brings the stock just a few dollars shy of its record-high close of nearly $377 on Feb. 9.
After two rough quarters, Palo Alto reports the type of earnings we expect from one of the best cybersecurity companies in the world
We'd rather our cash be in companies that are beating expectations and raising guidance.
Shares of Palo Alto Networks have been on a tear ahead of Monday's earnings report.
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer.
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't follow suit.