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AstraZeneca, Airline Stocks All Getting An Early Boost Amid Hopes For Virus Treatment Progress
Monday, August 24, 2020 - 10:01am | 2395Read More...The week starts with a bit of a head-scratcher. The major stock indices are flying on hopes for new tools to fight COVID-19, but fixed income is stuck in place. The 10-year yield ended last week at 0.64%, and then made a dramatic move all the way to 0.638% as of an hour before the opening bell. Let...
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Fintech Focus For August 18, 2020
Monday, August 17, 2020 - 5:54pm | 1716Read More...Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...
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Benzinga's Bulls And Bears Of The Week: CVS, Moderna, Facebook, Tilray And More
Saturday, August 15, 2020 - 1:26pm | 840Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included a social media leader and specialty retailers. Big tech stocks and a COVID-19 play were among the week's bearish calls. In another roller-coaster week for the...
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Amazon Cuts Ties With More Delivery Providers
Friday, August 14, 2020 - 11:38am | 1155Read More...More than 1,700 delivery drivers who work for small logistics companies in the Northeast found out in early August that they will lose their jobs over the next few months, though Amazon.com Inc. (NASDAQ: AMZN) said the drivers will have opportunities for other positions with its delivery partners...
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Amazon Posts Self-Delivery Record In July, Consultancy Says
Friday, August 14, 2020 - 11:21am | 443Read More...Amazon.com Inc. (NASDAQ: AMZN) self-delivered two-thirds of its U.S. parcels in July, nearly 12 full percentage points ahead of 2019 levels and an all-time monthly record for the e-tailing, shipping and logistics giant, according to data from consultancy ShipMatrix. Amazon also surged past former...
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Fintech Focus For August 12, 2020
Tuesday, August 11, 2020 - 6:38pm | 2605Read More...Daily Perspective: Growth can heal a lot of sins. - Cathie Wood Fintech Movers: American Express Company is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million acquisition. - Benzinga Finicity: The COVID Credit Crisis. Infor, CIBC, SunStream partner. A GM...
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Amazon To Build Massive DC At Old Michigan State Fair Site
Tuesday, August 11, 2020 - 4:59pm | 310Read More...Amazon.com Inc. (NASDAQ: AMZN) will spend $400 million to build a 3.8 million-square-foot distribution center on 70 acres of the former Michigan State Fairgrounds in Detroit, city officials said Tuesday. The facility, set to open in mid-2022, will bring at least 1,200 jobs to Detroit, Mayor Mike...
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Hawaii Says "Aloha" To Amazon Air
Tuesday, August 11, 2020 - 4:54pm | 573Read More...Amazon Air launched cargo operations in Maui and on Hawaii Island last week to help facilitate speedier deliveries for Prime customers. The retail giant's two newest regional gateways are at Kahului Airport and Kona International Airport, the company said in a news release shared with FreightWaves...
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Fintech Focus For August 11, 2020
Monday, August 10, 2020 - 6:14pm | 2346Read More...Daily Perspective: The definition of market prices is whatever the Fed says it will be. - Minerd Fintech Movers: The Federal Reserve recently announced the FedNow Service, which it said will be rolled out in a phased approach, with a target service date of 2023 or 2024. - Benzinga Coinbase hires...
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Amazon Could Use JCPenney, Sears Stores As Fulfillment Centers: Report
Sunday, August 9, 2020 - 5:21pm | 348Read More...What Happened: Amazon.com Inc (NASDAQ: AMZN) is in talks with Simon Property Group Inc. (NYSE: SPG), the biggest mall owners in America, to convert some of its anchor-department store spaces into Amazon fulfilment centers, The Wall Street Journal said on Sunday. The discussions are on between...
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Benzinga's Bulls And Bears Of The Week: Apple, Ford, Merck, Uber And More
Saturday, August 8, 2020 - 12:43pm | 870Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included pharmaceutical and ride-share leaders. The e-commerce colossus and the iPhone maker were among the week's bearish calls. A July employment report that was better...
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Move Over Big Tech; This Week Is All About Blue Chips
Tuesday, August 4, 2020 - 12:08pm | 1014Read More...Following last week's waterfall of quarterly tech reports, the earnings season continues this week with blue chips leading the way, one being Walt Disney Co (NYSE: DIS) reporting later today. But we also see the earnings of pioneers such as Roku Inc (NASDAQ: ROKU), Nikola (NASDAQ:...
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Big Tech Earnings, Congress Hearing To Determine Trajectory Of Growth
Tuesday, July 28, 2020 - 2:28pm | 507Read More...What Happened? Last week set the scene for a momentous Silicon Valley earnings week, with results due from Amazon Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Alphabet Inc Class A (NASDAQ: GOOG) and Facebook Inc (NASDAQ: FB). Earnings Analysis Facebook realized a 17.6% growth in revenue year...
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Can Anyone Dethrone Amazon Atop FreightTech Awards? Nominations Now Being Accepted
Tuesday, July 28, 2020 - 1:21pm | 780Read More...Amazon Inc (NASDAQ: AMZN) has become synonymous with disruption. It disrupted the retail space and helped usher in e-commerce, and it's done the same in the freight space, turning traditional freight delivery schedules upside down. Amazon brought two-day, one-day, and even same-day shipping to the...
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How Did The Pandemic Impact Amazon's Retail And Cloud Services?
Tuesday, July 28, 2020 - 9:34am | 1773Read More...Amazon Inc (NASDAQ: AMZN) celebrated its 25th anniversary earlier this month. But the way the company grows and innovates—not to mention how its stock price moves—you’d think it’s a young startup. In his most recent letter to shareholders, AMZN CEO Jeff Bezos stated that if...













