SAP says big margin gains to wait until 2020, shares down 10%
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- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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Amazon (AMZN) Announces Two New Robotic Fulfillment Centers in Ohio
July 22, 2019 6:06 AM EDTAmazon.com, Inc. (NASDAQ: AMZN) today announced plans to open two new Ohio fulfillment centers, one in Akron and the other in Rossford, creating more than 2,500 full-time jobs with comprehensive benefits and opportunities to work alongside Amazon robotics in an industry-leading workplace.
Ohio has been a great place to do business, serve customers and create jobs; as a result, we are thrilled to develop two state-of-the-art fulfillment centers in Akron and Rossford, said Alicia Boler Davis, Amazons Vice President of Global Customer Fulfillment. We're excited to grow our team in the Buckeye state, which now... More
UBS Reiterates Buy Rating on Netflix (NFLX)
July 18, 2019 5:14 AM EDTUBS analyst Eric Sheridan reiterated a Buy rating and $420.00 price target on Netflix (NASDAQ: NFLX)
The analyst comments "NFLX's Q2 EPS presented a range of messages: sub growth seems increasingly dependent on scale/scope/success of content strategy & price increases seem... More

