Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers

Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push.  Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. This has involved fundamentally altering […]

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FAANG Stocks Lose Over $1 Trillion – More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have together shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, […]

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Amazon Unveils ‘Immutable’ Quantum Ledger Database Product

Amazon’s digital arm Amazon Web Services (AWS) revealed two new blockchain-inspired products despite the current cryptocurrency bear market. Amazon Marching Forward Despite the recent decrease across the entire cryptocurrency market, Amazon digital arm AWS (Amazon Web Services) revealed two new blockchain-oriented products, CNBC reports. According to the company’s CEO, AWS is merely responding to increasing […]

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AMZN! $4K Bitcoin Still Historically Outperforming Amazon Stock

Bitcoin price held above $4000 November 29 as talk turns to the cryptocurrency’s continuing appeal over major stocks such as Amazon in recent years. BTC Still Beats Amazon Even at $4K After a dip to lows around $3500, something not seen in over a year, Bitcoin managed to reclaim and hold onto the $4000 mark […]

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Survey: Crypto Investors Lean Towards Innovation and Novel Thinking

A recent survey of over 1,000 Americans hoped to glean more about attitudes toward crypto. According to Clovr, the vast majority of virtual currency investors are young, male, and relatively wealthy. Clovr, a company focused on fostering mainstream adoption of blockchain, recently carried out a survey of 1,004 Americans vi the Amazon Mechanical Turk Platform. […]

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