Money
It’s Amazon Prime Day – We’ve got you covered!
It’s the biggest day of Amazon’s calendar. Well, two days. Amazon Prime Day promises millions of bargains. But in the aftermath of the pandemic, a new challenge could cause delays for customers.
June 21 and 22 this year will be a big event for customers of Amazon around the world. And an important day for Amazon’s retailers and the retail giant itself.
As we browse Amazon’s website, searching for bargains, it might be a good idea to think about how long it’s going to take for our goodies to actually reach us. Because Amazon is facing a global shipping delay.
COVID has caused a shipping crisis
Among all the things we’ve had to worry about this pandemic, we thought we’d be safe from a major logistics challenge. Stuck at home, millions of us have given up on traditional retail stores, and instead gone online for our daily needs.
Amazon is the world’s largest retailer. And it’s determined to enter even further into our lives.
Amazon Prime Day is the yearly event the company uses to get us all signed up to Amazon Prime accounts, promising faster shipping and even a video catalog.
For Amazon, it’s all about the ecosystem. Come for the cheap prices, stay for the video library. So much so the company just spent billions acquiring movie studio MGM, to win the lions share of Hollywood’s glamorous history.
Breaking the Prime deal
The problem for Amazon this year is that we are now very much aware that there’s a shipping delay. Remember how fast things used to arrive? Now you’ve got to add weeks to your delivery expectations.
And for many Prime customers, that’s a break with their contract with Amazon. We give you our money, you deliver quickly.
Still, for those willing to wait, there are millions of bargains to be found, or so we’re told.
Bargains galore in 2021
Prime Day ends (Amazon Prime trial link).
Amazon Prime Day 2021 – Live Amazon Device Deals
- Echo (4th Gen) | With premium sound, smart home hub, and Alexa | Twilight Blue – $74.99 (save $25) – Shop deal now
- Echo Show 8 Sandstone with Amazon Smart Plug – Shop deal now
- Echo Show 5 (1st Gen, 2019 release) – $44.99 (save $35) – Shop deal now
- Fire HD 10 Tablet 10.1-inch 1080p full HD display, 64 G
Money
Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.
U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.
The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.
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#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker
Money
Gold hits record highs as investors flee risk
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.
Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.
The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.
Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.
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#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews
Money
Markets edge higher as 10-year yields hit new highs
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
Major stock indices rise slightly; 10-year Treasury yield hits 4.23% amid Fed Chair speculation, affecting small and mega-cap stocks.
All major stock indices are starting the week slightly higher, giving investors cautious optimism. Analysts are keeping an eye on movements in small caps and mega-cap tech stocks amid these early gains.
The yield on the 10-year Treasury note has climbed to 4.23%, the highest since last September. This follows Kevin Warsh emerging as the frontrunner for the next Federal Reserve Chair, sparking speculation on future monetary policy.
Rising yields could trigger a pullback in small-cap stocks, while investors may pivot toward mega-cap tech, expected to deliver strong earnings growth. Overall, the market is likely to see a neutral to slightly bearish trend next week due to overbought conditions.
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