Ye24 Merch for Kanye West's Potential Presidential Run Floods Sites

Stock Markets Rally as Meta Leads Tech Comeback

Stock Markets Rally , as Meta Leads , Tech Comeback. On February 2, the S&P 500 jumped to its highest level in five months as better-than-expected results from Meta improved the outlook for technology shares. . NBC reports that a faltering technology sector led the market lower in 2022. The broader market index climbed 1.2% to reach its highest level since last August. The Nasdaq Composite jumped up 3% to reach its highest level since September. Meanwhile, the DOW Jones Industrial Average underperformed, dropping 155 points. . NBC reports that the DOW was dragged down by Merck after the pharmaceutical firm issued a weak outlook with the company's latest earnings results. NBC reports that the DOW was dragged down by Merck after the pharmaceutical firm issued a weak outlook with the company's latest earnings results. In its best day since 2013, Meta leapt up over 27% after reporting a fourth-quarter beat on revenue and announcing a huge $40 billion buyback. In its best day since 2013, Meta leapt up over 27% after reporting a fourth-quarter beat on revenue and announcing a huge $40 billion buyback. NBC reports that other tech stocks rose on the positive Meta results, with shares of Google parent Alphabet up over 6% and Amazon up more than 7%. NBC reports that other tech stocks rose on the positive Meta results, with shares of Google parent Alphabet up over 6% and Amazon up more than 7%. So far in 2023, the S&P 500 information technology sector is up over 14%, following a decline of over 28% in 2022. It’s showing that growth is outperforming value as it unwinds some of the pressures that hawkish rhetoric brought to risk markets over the course of 2022, Keith Buchanan, senior portfolio manager at GLOBALT Investments, via NBC

Amazon Workers Hold First-Ever UK Strike

Amazon Workers Hold , First-Ever UK Strike. 'The Hill' reports that Amazon warehouse workers in Britain went on strike on Jan. 25. Union members at Amazon's fulfillment center in Coventry are upset over pay and working conditions. Amazon says it offers "competitive pay" starting at 10.50 to 11.45 pounds and hour, which is about $13 to $14 dollars in American money. But amid the current cost-of-living crisis, many workers feel those wages just aren't enough. . 'The Hill' reports that Amazon has felt the harsh reality of the changing economy just as other tech companies have recently. Amazon announced 18,000 layoffs this month. . 'The Hill' reports that Amazon workers in other parts of Europe, like Spain and Germany, often protest in demand of higher wages and improved working conditions. Last year, unions and advocacy groups in over 30 countries staged walkouts on Black Friday as part of their campaign called "Make Amazon Pay.". In New York, dozens of workers were suspended after refusing to return to work following a trash compactor fire

UK Amazon staff walk out for the first time ever

Amazon staff walked out on strike for the first time ever in the UK on Wednesday. Members of the GMB union, based at what the company calls a 'fulfilment centre' in Coventry, are taking action over pay and conditions. Some have claimed that even the robots in their workplace are treated better than they are. Report by Wardl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Amazon Offers Prime Members a Generic Prescription Perk

Amazon Offers Prime Members , a Generic Prescription Perk. CNBC reports that Amazon debuted RxPass on Jan. 24. The new perk will grant Prime members access to 50 generic medications that treat over 80 conditions. However, insulin and specialty medications are not available. The service is also not accessible to those on Medicaid or Medicare. RxPass costs $5 a month and includes free delivery. The move marks Amazon's latest push into the health care sector. CNBC reports that Amazon launched an online pharmacy in 2020 after acquiring PillPack in 2018. In July, the company revealed it is acquiring One Medical, a primary care provider. . Vin Gupta, chief medical officer at Amazon, said the company strives to create a "fundamentally different" pharmacy experience. . This is still day one for us where we’re at our beginning stages here, but we recognize that change is needed. , Vin Gupta, Amazon chief medical officer, via statement. That’s what patients across the country are telling us, and that’s what Amazon is responding to, Vin Gupta, Amazon chief medical officer, via statement