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Amazon.com Inc

Wall Street tumbles as rising yields pressure growth stocks

Published 22 Feb, 2023 03:30am

NEW YORK: Wall Street’s main stock indexes fell on Tuesday, dragged down by megacap names, after data showing a...

Amazon launches air freight service in India

Published 24 Jan, 2023 07:11am

BENGALURU: Amazon.com Inc on Monday launched its own air cargo fleet in India, Amazon Air, as it seeks to expand and...

Amazon CEO says job cuts to exceed 18,000 roles

Published 06 Jan, 2023 05:58am

BENGALURU: Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it...

Bloomberg eyes Dow Jones or Washington Post acquisition

Published 24 Dec, 2022 06:13am

NEW YORK: Michael Bloomberg has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones ...

Dow rises at start of big earnings week, Big Tech pulls Nasdaq lower

Published 26 Jul, 2022 04:31am

NEW YORK: The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from...

Growth stocks lift Wall St ahead of Fed’s big rate decision

Published 16 Jun, 2022 06:03am

NEW YORK: Wall Street’s main indexes rose on gains in beaten-down growth and financial stocks on Wednesday even as...

Reliance calls off $3.4bn retail deal with India’s Future Group

Updated 24 Apr, 2022 09:12am

MUMBAI: India’s top retailer Reliance on Saturday called off its $3.4 billion deal with Future Group, saying it...

Wall St falls as tech stocks weaken on hawkish Fed minutes

Published 07 Jan, 2022 06:22am

NEW YORK: Wall Street’s main indexes fell in choppy trading on Thursday after minutes from the Federal Reserve’s...

Wall Street Week Ahead: Tech giants' earnings may be another test for markets at new highs

Published 25 Oct, 2021 05:32am

NEW YORK: Investors are homing in on a flood of earnings reports from Wall Street's tech and Internet giants, as the...

Tech lifts S&P 500, Nasdaq amid inflation, China growth worries

Published 19 Oct, 2021 03:52am

NEW YORK: US stocks rose on Monday on gains in heavyweight technology companies, although sentiment remained ...

Tech mega-caps knock 1pc off Nasdaq; banks lift Dow

Published 28 Sep, 2021 05:12am

NEW YORK: The Nasdaq index slipped more than 1% on Monday as investors swapped technology heavyweights for stocks...

Back-to-school may lift US retail shares after recent lull

Published 06 Sep, 2021 06:14am

NEW YORK: Strong late-summer back-to-school sales could provide US retailers some needed momentum after many sector...

Amazon-backed Rivian files for IPO, gears up for blockbuster year-end flotation

Published 30 Aug, 2021 06:33am

NEW YORK: Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial...

Amazon to grant new CEO Jassy over $200m in stock

Published 05 Jul, 2021 04:57am

WASHINGTON: Amazon.com Inc plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock,...

Monday’s early trade: Nasdaq jumps to all-time high

Published 29 Jun, 2021 03:24am

• Boeing falls on possible delay in 777X certification NEW YORK: The Nasdaq jumped to an all-time high on Monday,...

Nasdaq hits record high as Big Tech roars back

Published 22 Jun, 2021 11:39pm

Amazon saw over $5.6 billion in total online sales in the United States on the first day of its Prime promotional event, according to Adobe Digital Economy Index.

British watchdog plans investigation into Amazon's use of data: FT

Published 10 Jun, 2021 12:11pm

The timing and scope of the probe were still being worked on, it said.

Monday’s early trade: Wall Street dips

Published 08 Jun, 2021 04:09am

NEW YORK: The S&P 500 eased on Monday, although it remained 0.5% away from its all-time high, as a deal by the...

Pakistan officially added to Amazon’s sellers' list, says Dawood

Published 21 May, 2021 12:05pm

Amazon has confirmed that it has added Pakistan to its sellers' list, according to a recent tweet by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood.

Monday’s early trade: Dow hits above 35,000 mark; Nasdaq drops

Committed to revolutionizing grocery shopping, Amazon is going to introduce automated checkout technology to full-size supermarkets soon.

Amazon acknowledges issue of drivers urinating in bottles in apology to Rep. Pocan

Published 03 Apr, 2021 06:10pm

We know that drivers can and do have trouble finding restrooms because of traffic or sometimes rural routes, and this has been especially the case during Covid when many public restrooms have been closed.
"This was an own goal, we're unhappy about it, and we owe an apology to Representative Pocan," Amazon said in its blog post, adding that its previous response only referred to staff at its warehouses or fulfillment centers.

Tuesday’s early trade: Slide in growth stocks pummel Nasdaq

Published 24 Feb, 2021 05:24am

NEW YORK: The Nasdaq index fell more than 2% on Tuesday as investors sold off mega-cap growth stocks on valuation...

Amazon documents reveal company's secret strategy to dodge India's regulators

Updated 17 Feb, 2021 06:27pm

Other company documents reveal equally touchy information: Two more sellers on the e-commerce giant's India platform - merchants in which Amazon had indirect equity stakes - accounted for around 35% of the platform's sales revenue in early 2019.
What Carney wound up telling the ambassador is unclear. A meeting did take place in April 2019, but neither side would comment on the specifics of the gathering.

Amazon to make TV streaming device in India

Published 16 Feb, 2021 05:45pm

Amazon said hundreds of thousands of Fire TV Sticks would be produced annually, helping it to meet demand from Indian customers.
"Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand," the company said.

Amazon sues New York attorney general to preempt a state COVID lawsuit

Published 12 Feb, 2021 05:56pm

The retailer drew scrutiny 10 months ago when workers protested conditions at a Staten Island warehouse and it fired Smalls for violating a paid quarantine.
The atypical lawsuit shows how Amazon believes it was unfairly maligned despite the many COVID-19 precautions it implemented.

Amazon, Ferragamo sue several firms, people over counterfeit products

Updated 11 Feb, 2021 09:25pm

The companies filed two lawsuits against four individuals and three entities, according to court documents.
Out of seven defendants, the lawsuit says five are based in China and the other two could be in China or North Carolina or California.

Amazon takes battle with Future Group to India's top court, fearing ‘irreparable harm’

Updated 11 Feb, 2021 09:25pm

Amazon, India's Future locked in protracted legal battle.
Amazon says previous court order on asset sale is illegal.
US firm alleges Future is in breach of contract.
Future has said it could face liquidation if deal fails.

Indian court lifts hold on Future's $3.4bn retail deal in setback for Amazon

Published 08 Feb, 2021 06:57pm

A two-judge bench hearing Future's appeal on Monday put on hold the previous ruling, which had effectively stalled the mega retail deal, two sources familiar with the proceedings said.
Future is India's second-largest retailer with over 1,700 stores and agreed to sell its retail businesses to market leader Reliance last year.

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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Amazon.com Inc

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