|Day's range||13.40 - 13.90|
Amazon CEO Andy Jassy announced the company is laying off an additional 9,000 workers.
In this video, I will explain why Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Shopify (NYSE: SHOP) all fell on Monday while the broader market was green. *Stock prices used were from the trading day of March 20, 2023.
Microsoft Corp's remedies to address European Union antitrust concerns over its $69 billion acquisition of Activision focus only on cloud gaming services, with no mention of rival Sony, people familiar with the matter said on Monday. The U.S. software giant has been trying to allay the Commission's concerns that the deal may reduce competition for console and personal computers, PC operating systems and cloud game streaming services.