Amazon's New Focus: Fending Off Rivals Temu and Shein

The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon's central competitive focus. 


 
Shein to Market Its Unique Supply-Chain Technology to Global Brands

The China-founded fashion giant is shifting its business strategy as it faces U.S. challenges. 


 
DOJ reportedly will file antitrust lawsuit vs. Apple as soon as Thursday

The Justice Department could file its long-rumored antitrust lawsuit against Apple Inc. as soon as Thursday, according to a report late Wednesday. 


 
Elon Musk's Neuralink Shows First Patient Using Its Brain Implant

A man paralyzed in a diving accident moved a computer cursor with his thoughts. 


 
Micron's stock rockets higher as company delivers big, AI-fueled earnings beat

The memory-chip company swung to a surprise profit and vastly exceeded the consensus view with its outlook. 


 
Reddit Prices IPO at Top of Range

At $34 a share, the social-media company would be worth around $6.4 billion. 


 
Five Below Rethinks Self Checkout to Combat Theft

Five Below logged a big jump in sales in the latest quarter amid a real estate expansion plan, but said its profitability was hit by higher-than-expected shrinkage, including theft. 


 
Chewy says pet business is 'recession resilient,' but offers this warning

Chewy Inc. surprises Wall Street with a quarterly profit. 


 
Astera Labs' stock soars, as investors cheer the debut of a new AI chip play

Astera Labs got a warm reception in its Wall Street debut, giving investors yet another hot chip play to consider. 


 
Apollo Offers $11 Billion for Paramount's Studio

The bid comes as an independent committee of the company's directors is reviewing another offer from Skydance Media to merge with all of Paramount.


(END) Dow Jones Newswires

03-21-24 0115ET