Plus, Affirm is partnering with Amazon to offer its payment solution to Amazon shoppers spending over $50, Astra shares dropped after the company’s weekend launch attempt failed, and Reddit traders have a new meme stock in Support.com.
Read MorePlus, Macy’s and Kohl’s reported earnings beats, the FTC filed a new antitrust complaint against Facebook, and Chipotle announced it is testing a new meatless chorizo in two markets.
Read MorePlus, Amazon was also hit with a record fine for violating the EU’s data protection rules, Chevron and Exxon both reported profits for the second straight quarter, and Robinhood closed down 8% after its market debut.
Read MorePlus, the S&P 500 is hovering near its record ahead of a busy earnings week with some of tech’s biggest names reporting, Bitcoin surged to nearly $39,000 on speculation that Amazon may soon accept cryptocurrencies as payment, and BioNTech said it plans to develop an mRNA vaccine for malaria.
Read MorePlus, oil rose to its highest level in six years after talks between OPEC+ were postponed indefinitely, AMC said it won’t seek shareholders’ approval to issue another 25 million shares, and Amazon’s Bezos officially stepped down as CEO.
Read MorePlus, Walgreens delivered better-than-expected earnings results, GM said its vehicle sales in the second quarter were slightly lower than expected, and Amazon is opening a “Development Center” in Helsinki to focus on new technology for autonomous delivery vehicles.
Read MoreAmazon held its two-day Prime Day event this week, but one trader says there’s another e-commerce stock that looks like a better option now.
Read MorePlus, Bitcoin rebounded, Southwest Airlines CEO Kelly will step down next year, and GlaxoSmithKline is spinning off its consumer products business to focus on reviving its drug unit.
Read MoreThese 4 tech stocks look like solid buys now, according to traders. Here’s why each name is worth a look.
Read MorePlus, Royal Dutch Shell has been ordered to slash emissions by 45% by 2030, Ford is boosting its spending on electric vehicles to $30 billion over the next four years, and Dick’s Sporting Goods delivered an earnings beat.
Read MorePlus, Tesla’s Musk said he’s having discussions with Bitcoin miners regarding the coin’s sustainability, Moderna said its COVID-19 vaccine was 100% effective in teens ages 12 to 17, and Square is reportedly gearing up to launch checking and savings accounts.
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