Amazon (AMZN) did all the right things this quarter. In short, AMZN didn’t suffer an earnings problem this quarter. But it did have a price-tag problem. Amazon posted a clean win in the earnings report. A clean top-line beat and its fastest AWS growth in 13 quarters is usually cause for celebration. However, surprisingly, the […]
SpaceX has lined up four banks to lead its initial public offering, according to the Financial Times, as Elon Musk’s rocket and satellite firm moves forward with plans for the biggest-ever listing. SpaceX told its employees in December it’s entering a quiet period and that they should refrain from discussing the IPO (AFP) The company […]
The Securities and Exchange Board of India has accused a Bank of America unit of violating its insider trading rules and breaking internal “Chinese walls” in connection with a 2024 share sale, according to a notice. Bank of America has filed an application with SEBI to settle the insider-trading charges without admitting guilt. (Unsplash) The […]