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Amazon: Acquires iRobot for $1.7 billion

Amazon.com is acquiring iRobot, maker of the Roomba automatic vacuum cleaner, for about $1.7 billion, as it seeks to expand its "basket" of smart home appliances. Amazon will pay $61 per share, valuing the maker at a...

Amazon: Revenue beat expectations in the quarter – Shares rally 12%

Amazon reported second-quarter revenue that far beat market estimates, while also giving an extremely upbeat outlook and seeing its stock rally strongly in e-commerce. In particular, the global e-commerce giant announced that its revenue reached $121.23 billion,...

Amazon acquires primary care organization One Medical for $3.9 billion

Amazon said Thursday it has signed an agreement to acquire One Medical, a primary care organization operated by 1Life Healthcare Inc, for $18 per share in cash, or $3.9 billion including debt. "We think healthcare is high...

Why tycoon Arturo Moreno is buying Amazon, AT&T and JP Morgan

By John Hyatt Baseball magnate Arturo Moreno first bought shares in Alphabet and Amazon six years ago after his daughter "convinced" him to invest in the two tech giants. With share prices falling in recent weeks,...

The richest billionaires lost 1.4 trillion. dollars in the worst half of all time

Elon Musk's fortune slipped by almost $62 billion. At the same time, Jeff Bezos lost about $63 billion in his fortune, while Mark Zuckerberg lost more than half of his fortune, according to Bloomberg. In total,...

These 10 shares of the S&P 500 ‘burned’ 4.1 trillion. investment money in the first half of 2022

The first half of 2022 ends today and investors say goodbye to it with relief, as they are not expected to miss it: during it, the S&P 500 index fell by 21.4%. But which of his shares...