Tag: Amazon.com Inc

EV start-up Rivian beats Tesla, GM, Ford as first automaker to produce electric pickup

Rivian R1T electric truck Source: Rivian EV start-up Rivian is the first automaker to bring an electric pickup to the consumer market, beating Tesla, General Motors and others in what’s expected to be a hotly contested segment in the years ahead. Rivian founder and CEO RJ Scaringe on Tuesday tweeted that the company’s first R1T […]

Read More

Amazon CEO Andy Jassy says he’s concerned about Congress not raising debt ceiling

Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon CEO Andy Jassy urged Congress on Tuesday to raise the nation’s debt ceiling, warning that a failure to address the issue could result in a hit to consumer confidence. “If you […]

Read More

Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

An earlier version of this article incorrectly stated John Wu’s affiliation with Ava Labs, where he is president. Ava Labs was founded by a group including Emin Gün Sirer. Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back […]

Read More

Leon Cooperman says his biggest position in the market now is very contrarian

Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said the stock market is not susceptible to an imminent correction, and investors can still find plenty of bargains. “The cyclical conditions are not ripe for a big decline,” he said, speaking on CNBC’s “Squawk Box” Thursday. “I’m finding a lot of things […]

Read More

Stocks making the biggest moves in the premarket: Affirm, Moderna, Globalstar and more

Take a look at some of the biggest movers in the premarket: Affirm (AFRM) – Affirm rocketed 41.2% in premarket trading after the digital payments specialist announced a partnership with Amazon.com (AMZN) that will allow Amazon customers to pay over time for purchases of $50 or more. Moderna (MRNA) – Moderna fell 2.7% in the […]

Read More

Affirm shares soar on news of Amazon partnership for buy now, pay later

Amazon is getting into the buy now, pay later space. The e-commerce giant is partnering with Affirm for its first-ever installment payments option on the popular e-commerce site. Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months, […]

Read More