While Apple (AAPL) updated its smartphone, Amazon (AMZN) announced plans to discontinue its own. Amazon has sold through its inventory of the Fire Phone and said it does not plan to continue production. The Fire Phone had received poor reviews upon its release in 2014 and has since suffered weak demand. Stocks saw slight gains by the middle of the session, looking to take back some of losses suffered a day earlier. Major benchmark indexes had dropped more than 1% on Wednesday as a selloff in crude hit the energy sector hard. U.S. oilers added nearly triple the amount of crude to stockpiles over the past week. Crude inventories increased by 2.6 million barrels, far higher than an expected increase of nearly one million.

Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV

For more content from TheStreet visit: http://thestreet.com
Check out all our videos: http://youtube.com/user/TheStreetTV
Follow TheStreet on Twitter: http://twitter.com/thestreet
Like TheStreet on Facebook: http://facebook.com/TheStreet
Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet
Follow TheStreet on Google+: http://plus.google.com/+TheStreet

IF YOU ARE NOT 18 STOP NOW! ADULT CONTENT. STRONG LANGUAGE. AGE RESTRICTED MATERIAL. http://www.tsu.co/trendyasdabbers if you are serious about giving the FUCK YOU to facebook, we will look forward to seeing your posts there and you will look forward to getting paid to post there win win and Zuckerburg gets it up the ass, so win win win.
want a fuck you shirt or a spleash mug? http://www.trendyasdabbers.spreadshirt.com

http://www.trendydabberschat.com for live web cam chat all day!
Thank you for being a subscriber! You guys rock! Please keep the friend requests coming to face book at Trendyas Dabbers and go sub Trendyassnay at youtube!
http://www.trendyasdabbers.com for ALL things trendy!
http://www.twitch.tv/trendyasdabbers
http://www.facebook.com/trendyas.dabbers http://www.youtube.com/trendyasnay http://www.youtube.com/trendyassnaytion http://www.youtube.com/benaynay http://www.stickam.com/group/trendyasdabbers https://twitter.com/TheOGBenaynay http://www.youtube.com/buddering