Amazon Earnings Smash Wall Street Expectations One Day After CEO’s DC Testimony

Bury, on Wednesday evening (August 12) - tragically caught in the crossfire of two groups of men.

Tom Tapp Deputy Managing EditorAt his coronavirus press conference on Wednesday, California Governor Gavin Newsom said the much talked-about backlog of daily cases would roll in over the next 72 hours, “most likely” through Thursday night.

Todd Spangler NY Digital EditorMusic streaming on Twitch is booming — and now a group of artists is challenging owner Amazon to pay its fair share.In a letter Monday addressed to Amazon CEO Jeff Bezos, the nonprofit Artist Rights Alliance cited Bezos’ testimony during a House Antitrust Subcommittee hearing on July 29. The chief exec, who is the wealthiest person in the world, was asked by Rep.

coronavirus lockdown began, prompting artists and their labels to tackle Amazon over their music licensing policies.As the FT reports, the legal battle began in June when rights holders issued “takedown notices” against Twitch, with over 2500 claims being filed for the use of unlicensed music in the background of gaming streams and recording live streams.Since then, the Artists Rights Alliance has placed direct pressure on Bezos and will now send an open letter urging him to go beyond “the

According to recent reports by Times Now, in an effort to lay hurdles in the way of Bihar police in the wake of Sushant Singh Rajput’s ongoing murder investigation, BMC authorities have now quarantined one of the policemen from Bihar police--Vinay Tiwari.

Jill Goldsmith Co-Business EditorApple became the world’s most valuable company Friday, dethroning state oil giant Saudi Aramco, and Amazon founder-CEO Jeff Bezos saw his net worth surge, as the stocks jumped following a round of stellar tech earnings.Apple and Amazon (along with Facebook and Google parent Alphabet) all reported second-quarter numbers after the market closed Thursday showcasing financials that blew past Wall Street’s expectations and appeared to withstand the economic ravages

Amazon dodged a coronavirus bullet in its second quarter, posting big gains in sales and operating income as shoppers around the world stayed home and did the bulk of their shopping online.

Dade Hayes Finance EditorAmazon delivered another quarter of stellar financial results as its digital business continues to thrive during COVID-19 despite logistical challenges posed by the pandemic.Total revenue for the quarter ending June 30 was $88.9 billion, more than $7 billion more than Wall Street analysts’s consensus expectation.

Elaine Low Senior TV WriterAmazon easily topped second-quarter earnings and revenue forecasts after the market close Thursday, with CEO Jeff Bezos calling it “another highly unusual quarter” amid the current coronavirus pandemic.“As expected, we spent over $4 billion on incremental COVID-19-related costs in the quarter to help keep employees safe and deliver products to customers in this time of high demand—purchasing personal protective equipment, increasing cleaning of our facilities,

Rep. Steube complains to Google CEO about his campaign emails going to Gmail spam boxes and says that it's only happening to republicans.