US online retailing major Amazon.com Inc. (NASDAQ:AMZN) and its group entities, including Amazon Corporate LLC have been looking at making a big push to enter India and has been lobbying for support of US lawmakers for facilitating ”foreign direct investment in India” in the B2C segment, according to the latest disclosure report filed with the Senate. Amazon.com, Inc. (NASDAQ:AMZN) stock opened at $371.76 in last session, and closed at $358.69, while the day range of AMZN stock was $357.76 – $375.45. The stock showed a negative weekly performance of -7.46%.
On Sunday at 7:30 a.m. Tesla Motors (NASDAQ:TSLA) completed its 76.5-hour, 3,464.5-mile journey from Los Angeles to New York, arriving at the Big Apple’s City Hall. Tesla Motors Inc (NASDAQ:TSLA) stock opened at $178.85, in last session and closed at $181.41, by losing -0.78%. The 52 week range of TSLA is $33.80 – $194.50. Company’s market capitalization is $22.24billion.
Facebook Inc (NASDAQ:FB) has turned in some impressive earnings in the last couple of quarters. The most recent release of earnings of $0.31 per share saw the stock pop 15% as the market took heart from the pace at which Facebook has been able to monetize its mobile users. Facebook Inc (NASDAQ:FB) stock advanced 2.44% and finished the last session at $62.57. The EPS of the stock remained 0.59. Company’s market capitalization is $153.60billion.
Renren Inc (NYSE:RENN) famous for being the “Chinese Facebook”– announced that Chinese search engine giant Baidu had acquired the remaining stake of Nuomi.com, Renren’s group buying site, which offers a similar service to Groupon in the world’s second-largest economy. Renren Inc (NYSE:RENN) stock opened the session at $3.18, and closed the session at $3.21. The 52 week range of the RENN stock remained $2.52 – $4.62 and the day range was $3.16 – $3.23.
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