The Latest Breaking News from Scott Devitt

Amazon stock got a boost after overhauling its grocery strategy. But it is still facing stiff competition.

Amazon.com (NASDAQ:AMZN) continued to trade higher on Thursday, fueled by investor optimism surrounding its  U.S. grocery delivery service expansion to all customers in over 3,500 cities. Previously limited mainly to Prime members, the service now offers same-day delivery from Amazon Fresh and Whole Foods to everyone, with lower fees for Prime…

Earnings season often brings surprises that can shift market dynamics, particularly as companies navigate post-pandemic economic recovery and evolving consumer behaviors. Shares of eBay Inc (NASDAQ:EBAY) rallied in early trading on Thursday, after the company Wednesday reported upbeat second-quarter earnings.

Amazon stock is underperforming the S&P 500 for the year as it heads into its Q2 report.

Uber is once again getting dragged down by concerns about autonomous vehicles.

Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro.

MercadoLibre stock is bouncing up from its 50-day moving average after a two-week pullback from a strong rally.

Uber stock fell more than 5% Thursday, following a report that Tesla will launch its robotaxi service in early June.

Meta stock is starting to rally back after a three month slump.