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New Amazon CEO: from life in the cloud to running one of the world’s biggest firms By Reuters

By David Shepardson and Nandita Bose (Reuters) - Amazon.com (NASDAQ:AMZN)'s new chief executive, Andy Jassy, who joined the company in 1997 and has overseen its fast-growing cloud computing business, says the key to long-term success is reinvention. "You want to be reinventing when you are healthy, you want to be reinventing all the...

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Independence would hit Scottish trade harder than Brexit – LSE report By Reuters

By William Schomberg LONDON (Reuters) - Scotland's economy will suffer a blow to trade two or three times more severe than the impact of Brexit if it breaks away from the United Kingdom, according to an academic study published on Wednesday. Scotland's devolved government dismissed the report by the London School of Economics (LSE), saying it had not taken into account factors...

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Alphabet A Earnings, Revenue beat in Q4 By Investing.com

Alphabet A (NASDAQ:GOOGL) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Alphabet A announced earnings per share of $22.3 on revenue of $56.90B. Analysts polled by Investing.com anticipated EPS of $15.68 on revenue of $52.89B. Alphabet A shares are up 9% from the beginning of the year and are trading at $1,917.60...

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Amazon’s Bezos to Step Down as CEO, Jassy to Take Helm in Q3 By Investing.com

By Yasin Ebrahim Invsting.com - Amazon.com said Tuesday that founder Jeff Bezos will step down as chief executive officer in the third quarter. The news comes as the e-commerce giant reported fourth-quarter earnings that beat analysts' forecasts, led by a pandemic-led surge in online shopping in North America.  Amazon.com (NASDAQ:AMZN) shares gained 1.10% in after-hours trade following the report. Bezos will transition to the role...

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Amazon.com Earnings, Revenue beat in Q4 By Investing.com

Amazon.com (NASDAQ:AMZN) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Amazon.com announced earnings per share of $14.09 on revenue of $125.6B. Analysts polled by Investing.com anticipated EPS of $7.16 on revenue of $119.68B. Amazon.com shares are up 3% from the beginning of the year and are trading at $3,420.00 , down-from-52-week-high.They are...

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Amgen Earnings, Revenue beat in Q4 By Investing.com

Amgen (NASDAQ:AMGN) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Amgen announced earnings per share of $3.81 on revenue of $6.63B. Analysts polled by Investing.com anticipated EPS of $3.39 on revenue of $6.58B. Amgen shares are up 3% from the beginning of the year and are trading at $234.00 , down-from-52-week-high.They are...

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Alphabet shares jump as Google sales top estimates; Cloud loss $5.6 billion By Reuters

By Paresh Dave and Munsif Vengattil (Reuters) -Alphabet Inc on Tuesday beat fourth-quarter sales expectations as advertising customers unleashed budgets for the holidays, and the Google owner disclosed for the first time that its Cloud unit is losing $5.6 billion a year. Shares of Alphabet (NASDAQ:GOOGL), up 9.5% this year, rose 7% after hours to $2,053.75. Google's advertising business, including YouTube, accounted...

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Electronic Arts Earnings miss, Revenue beats In Q3 By Investing.com

Electronic Arts (NASDAQ:EA) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations. Electronic Arts announced earnings per share of $0.72 on revenue of $2.40B. Analysts polled by Investing.com anticipated EPS of $2.94 on revenue of $2.38B. Electronic Arts shares are up 3% from the beginning of the year and are trading at $141.30...

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Chubb Earnings, Revenue beat in Q4 By Investing.com

Chubb (NYSE:CB) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Chubb announced earnings per share of $3.18 on revenue of $8.41B. Analysts polled by Investing.com anticipated EPS of $2.82 on revenue of $8.03B. Chubb shares are up 3% from the beginning of the year and are trading at $150.73 , down-from-52-week-high.They are...

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