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
Navigating global uncertainty as the Middle East crisis reshapes markets, technology, and supply chains
The ongoing Middle East crisis is sending shockwaves through global markets, driving energy prices higher and intensifying volatility. Investors are facing growing uncertainty as inflationary pressures mount and risk sentiment shifts. Supply chains are under stress, with key trade routes disrupted, forcing businesses worldwide to rethink logistics, procurement, and operational strategies.
The technology sector is feeling the ripple effects as semiconductors, critical components, and AI infrastructure come under pressure. Volatility in tech stocks is rising, while defence and cybersecurity firms are navigating both new risks and opportunities. At the same time, investment in renewable energy and energy tech could accelerate as companies adapt to energy price surges and seek more resilient solutions.
Brad Gastwirth from Circular Technologies joins us to break down what these developments mean for global markets and long-term strategic planning.
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#MiddleEastCrisis #GlobalMarkets #TechIndustry #EnergyPrices #SupplyChain #InvestorAlert #AI #Innovation
Money
Australia’s inflation report and Nvidia earnings impact explained
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s inflation report sparks market shifts, influencing interest rates, the Aussie dollar, and investor sentiment amid Nvidia’s earnings.
Australia’s latest inflation report is creating waves across the market, with questions about interest rates, the strong performance of the Aussie dollar, and the uneven nature of the stock market rally. Investors are watching closely as changes in carry trade risks this month add another layer of complexity.
David Scutt from StoneX discusses what these shifts mean for trading strategies and the broader economic outlook. He provides insight into how underlying factors are shaping investor confidence and market dynamics.
On the tech side, Nvidia’s upcoming earnings are expected to influence AI development and the broader tech sector. Coupled with trends in SaaS and bitcoin price action, these movements are signalling how investor sentiment is evolving in a fast-changing landscape.
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#AustraliaEconomy #InflationReport #AussieDollar #NvidiaEarnings #AIInvesting #StockMarketNews #BitcoinTrends #SaaSInsights
Money
U.S. stocks rally as AMD, Home Depot, and AI software lead gains
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. equities rose as AI disruption fears eased, with Home Depot, AMD, and DocuSign driving tech stock gains.
U.S. tech stocks surged as investors’ fears over AI disruption eased. Advanced Micro Devices jumped 9% after Meta announced a multiyear deal to deploy AMD’s graphics processing units for AI data centres. The move highlights growing corporate confidence in AI infrastructure investments.
DocuSign also rose 3% following Anthropic’s confirmation that Claude Cowork can integrate with DocuSign, Google Drive, and Gmail, signalling stronger adoption of AI tools across industries.
The iShares Expanded Tech-Software Sector ETF climbed 2% despite remaining over 30% below its 52-week high, showing tech stocks are recovering but still have room to run.
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