Retailers have been trying to get a fresh read on the consumer and can't afford to sit back and wait for consumers to get out of their funk.» Read More
July 24- Amazon.com Inc's new "Fire" smartphone features "gimmicks"- such as 3 D effects and object scanner- that may not be enough to entice users away from similarly priced Apple Inc iPhones and Samsung's Galaxy S5, reviewers said.
While investors will be focused on Amazon's giant e-commerce business when it reports earnings Thursday, its future is tied to Prime.
NEW YORK— Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.
U.S. stock index futures rose on Thursday, ahead of one of the heaviest days for U.S. and European second-quarter earnings.
HELSINKI— There is life after mobile phones for Nokia. Nokia Corp.' s stock closed up 7.3 percent at 6.14 euros on the Helsinki Stock Exchange. Suri gave an upbeat outlook for the core networks unit which now accounts for around 90 percent of Nokia's revenue.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
Even with this week's weakness, Amazon.com stock has been outperforming rival retailers though it will likely face a fairly volatile trading day after it reports.
Facebook and Twitter face different growth scenarios, but both are now focusing their gaze on the same market: Retail.
Walter Mossberg, Re/Code co-executive editor, reviews Amazon's Fire phone. Mossberg says the Fire significantly fell short and was amazed how often its shopping feature misidentified products.
Though Apple posted profits that beat expectations, investor Roger McNamee found reason to throw cold water on the tech giant.
The $199 AT&T exclusive offers some advantages over its smart phone competitors, but is it worth the buy? NBC News reports.
NEW YORK— What I find fascinating about Amazon's Fire phone isn't the gizmos such as the 3- D imagery or the camera scanner that helps you get more information about products. Rather, I like that Amazon is thinking a lot about how phones ought to work. The Fire phone uses Android, but Amazon has modified it to the point that it's barely recognizable.
With no fanfare, Amazon has released its own mobile payments app, called Amazon Wallet.
WASHINGTON, July 22- Google Inc must face a class action lawsuit filed by a U.S. woman whose son had bought online videogame items without her consent, a federal judge ruled late on Monday as he turned down the company's request to dismiss the action.
Edan Lepucki, whose novel "California" became a best-seller thanks to a plug from Stephen Colbert, has in turn helped another book catch on.
July 22- Netflix Inc's planned expansion in Europe will set the video streaming company up for growth, but will increase content and marketing expenses in the near term, analysts said.
July 22- Netflix Inc's planned expansion in Europe would set the video streaming company up for growth, but would increase content and marketing expenses in the near term, analysts said.
Some of the names on the move ahead of the open.
LOS ANGELES, July 21- Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
LOS ANGELES, July 21- Netflix Inc's quarterly profit more than doubled, boosted by a $1 monthly increase in its most popular video streaming plan for new customers in the United States.