There's no stopping Amazon, the stock market loves Biden and Netflix is doing well in India
Amazon (NASDAQ: AMZ) is expanding operations in Brazil. The e-commerce giant added three new logistic centres in Minas Gerais and the Rio Grande do Sul Brazil. This brings the total number of logistics centres in Brazil to eight. Amazon plans to maximise the opportunity for e-commerce business growth in the region thanks to lockdowns. Click here to read more
The market was up early Monday morning as investors reacted favourably to Joe Biden victory. Investors were also hoping for a Republican-controlled chamber because such an outcome would likely mean more modest policies on taxes and regulations. The Dow gained 1.3%. The S&P 500 and NASDAQ futures were up 1.5% and 2%. Click here to read more
Netflix (NASDAQ: NFLX) is betting on the Asian Pacific region with a significant emphasis on the Indian market. The Entertainment company spent over $400 million in developing original content for the Indian market. The company announced in the third-quarter report that the Asian Pacific region APAC had the highest number of paid Netflix subscriptions worldwide contributing about 46% net additions. Click here to read more
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