Zoom abruptly cuts company’s president amid softening demand
Zoom abruptly terminated the employment of President Greg Tomb, a former Google executive who had only started at the firm in June.
Amazon gains as stock split lowers price tag for retail buyers
Wall Street remains almost universally positive on Amazon's prospects, as about 95% of the analysts tracked by Bloomberg recommend buying it.
Amazon rout deepens gloom for battered e-commerce companies
The historic rout in Amazon's share price last week highlights how difficult the environment has become for e-commerce stocks after their pandemic-driven boom.
Amazon’s biggest drop since 2006 caps miserable month for tech
Amazon shares collapsed on Friday, with a loss in market value that ranks as one of the worst in Wall Street history after it gave...
Amazon split and buyback could deliver much-needed liftoff
Amazon said it intends to boost its outstanding shares by a 20-to-1 ratio, the e-commerce giant's first stock split in more than two decades.
Roku’s record collapse expands list of fallen pandemic favorites
Roku's disappointing fourth quarter results sent its stock tumbling Friday. The streaming platform is struggling like other companies that capitalized on people staying home during...
Apple’s market cap tops $3 trillion
Apple on Monday became the first U.S. company to hit the $3 trillion market value.
Microsoft becomes world’s most valuable stock as Apple drops
The slump in Apple shares on Friday propelled Microsoft to the position of the world's largest listed company by market capitalization. The last time Microsoft...
Microsoft hits $2 trillion
Microsoft shares rose as much as 1.2% on Tuesday, enough for the Redmond-based software company to briefly join Apple as one of only two U.S....