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Both risk-on and risk-off investments are working side by side in a market that has surprised both retail and institutional investors.
The two companies have explored converting retail space formerly occupied by JC Penney and Sears into Amazon distribution centers, while in some cases, Simon and Amazon explored buying out occupied space from the retailers.
Why did Qualcomm's patent deal with Huawei send its stock soaring? Qualcomm is on a roll with 5G wireless licensing, Wi-Fi 6, Quick Charge 5 and more.
Net loss from continuing operations was $4.72 billion, or $2.61 per share, in fiscal Q3, while, revenue fell 42% to $11.78 billion.
The artificial intelligence company first sued Apple in 2012 regarding its voice recognition technology.
Chevron wrote down its oil and gas production properties by $5.6 billion, including its entire investment in crisis-ravaged Venezuela, and took a $1 billion hit on severance pay for up to 6,700 employees.
The U.S. oil major reported a loss of $1.08 billion, or 26 cents per share, in the three months ended June 30, compared with a profit of $3.13 billion, or 73 cents per share, a year earlier.
Amazon spent $4 billion on protective equipment for staff and other expenses related to COVID-19, as it had warned previously. It still earned $5.2 billion, double its net income from the prior year.
Pandemic-fueled rises in lucrative healthcare and air shipments helped offset a margin squeeze from surging e-commerce home deliveries.
Amazon Prime members in London can now get free grocery deliveries, a service that is planned to expand to multiple cities by year-end.
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