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Abivax spokesperson denies takeover rumors reported by French media
Reuters· 2026-03-12 14:33
Abivax spokesperson denies takeover rumors reported by French media | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivNEW YORK, March 12 (Reuters) - Biotechnology company Abivax (ABVX.PA), opens new tab dismissed information published by French media publication "La Lettre" saying it had granted AstraZeneca exclusive access to confidential information until March 23 to allow the British pharmaceutical giant to formalise a takeover offe ...
Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion
Reuters· 2026-03-12 14:27
Exclusive: Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 bln tax evasion | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivWorkers relax during a break outside Amazon's distribution centre in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli/File Photo Purchase Licensing Rights, opens new tab- CompaniesAmazon.com IncFollowMILAN, March 12 (Reuters) - Milan prosecutors have requested trial for Amazon's (A ...
Amazon: I'm Pounding The Table On This Misunderstood Opportunity
Seeking Alpha· 2026-03-12 13:00
The markets have spoken, and it seems like Amazon ( AMZN ) has endured a relatively challenging year, as the stock appears to have consolidated withinJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and also by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. I identify attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. My picks ha ...
How Texas became the epicenter of the AI data-center boom
MarketWatch· 2026-03-12 11:38
With inexpensive real estate, no state income tax and minimal regulation, Texas increasingly stands out as a hub for artificial-intelligence players. ...
Is Amazon stock a buy after flashing first Death Cross in a year?
Finbold· 2026-03-12 11:25
The Death Cross is generally considered a particularly decisive indicator that a stock is about to plummet, but judging by its previous performance, it could serve as a ‘buy’ recommendation for Amazon (NASDAQ: AMZN).Specifically, AMZN shares flashed the signal on March 11 for the first time in almost a year – the last one happened in April 2025 – as the short-term moving average (MA) met the long-term line.This cross occurred after a week of decline for Amazon stock and in the midst of significant volatilit ...
Chipmaking tool provider KLA unveils $7 billion share buyback
Reuters· 2026-03-12 10:13
Chipmaking tool provider KLA unveils $7 billion share buyback | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivMarch 12 (Reuters) - Chipmaking tool provider KLA Corp (KLAC.O), opens new tabon Thursday announced a share buyback program worth $7 billion, in addition to its existing share repurchase authorization, which stood at $3.94 billion as of December 31, 2025.Sign up here.Reporting by Arsheeya Bajwa in Bengaluru; Editing by Vijay ...
US Senator Warren presses Amazon on contracting, pricing practices for local governments and schools
Reuters· 2026-03-12 10:09
Core Viewpoint - U.S. Senator Elizabeth Warren is pressing Amazon to clarify its algorithmic pricing and contracting practices for local governments and schools, following reports that some entities are paying inflated prices for office supplies compared to others nearby [1]. Group 1: Pricing Practices - Amazon Business employs algorithm-driven dynamic pricing, which results in varying prices for essential goods, rather than fixed prices typical in procurement [1]. - A report from the Institute for Local Self-Reliance indicated that Amazon's pricing strategy allows the company to covertly increase prices, with one city reportedly paying three times more for a pack of Sharpies than a nearby school district [1]. Group 2: Data Usage Concerns - Concerns have been raised by states like California and New York, as well as the U.S. Federal Trade Commission, regarding Amazon's collection and use of personal data to set prices [1]. - Senator Warren has inquired about how Amazon determines prices for local governments and schools, specifically regarding its use of personal consumer data [1]. Group 3: Previous Communications - In February, Senator Warren sent a letter to Amazon requesting information about price increases related to tariffs and whether the company plans to lower prices if it receives refunds for recently deemed illegal tariff payments [1].
Amazon plans to invest 23 bln zlotys in Poland in 2026-2028
Reuters· 2026-03-12 08:48
Investment Plans - Amazon plans to invest 23 billion zlotys ($6.23 billion) in Poland from 2026 to 2028, a decrease from the 45 billion zlotys planned for the period of 2012 to 2025 [1][1][1] - The investment is aimed at accelerating growth in the Polish economy, as stated by Mariangela Marseglia, the vice president for EU stores [1][1][1]
Mad Money 03/11/26 | Audio Only
CNBC Television· 2026-03-12 00:24
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Crime America.other people, my friends. I'm just trying to make a little bit of money here. My job is not just to entertain, but also to educate, to teach.Call me at 1800743 CBC. Tweet me at Jim Kmer. The war cannot be ring fenced.No matter what we do, I don't want to sugarcoat it. We can't avoid this issue. People are trying to dismiss the impact of the war or they're trying to see through it, see past it until it's over.They're saying that we've got 20 day ...
Amazon's Win Against Perplexity Kicks AI Shopping Wars Into High Gear
WSJ· 2026-03-11 22:53
Core Viewpoint - A judge has ruled that Amazon can temporarily prevent external AI bots from accessing its site, while retailers are adapting to a changing shopping environment [1] Group 1: Legal Developments - The ruling allows Amazon to maintain control over its platform by keeping outside AI bots off its site for the time being [1] Group 2: Retail Industry Adaptation - Retailers are preparing for a new normal in shopping, indicating a shift in consumer behavior and technology integration [1]