Nike and Amazon.com, Inc. (NASDAQ:AMZN) part ways In retrospect, it was more of an experiment than a relationship. Nike began legitimately listing some of its merchandise on Amazon.com in 2017, largely to stave off consumer frustration of finding out their Nike-branded goods purchases via Amazon weren’t actually made by Nike. At least by working together, […]
Amazon.com, Inc. (NASDAQ:AMZN) chooses Chinese Pinduoduo e-commerce platform to launch its online store Amazon has been in headlines in the past few weeks. In an earlier announcement, Amazon had announced that it plans on shutting its online store in China. Months after the announcement, Amazon representative stated on Sunday that the start of the new […]
Amazon.com, Inc. (NASDAQ:AMZN) reportedly planning an expansion of its Amazon Go concept stores The rumor mill has switched into high gear when it comes to Amazon.com (NASDAQ: AMZN) and its relentless push into physical retail. Earlier this month, the e-commerce giant confirmed that it will be opening a line of grocery stores next year under […]
Amazon.com, Inc. (NASDAQ:AMZN) New Grocery Chain Shouldn’t Worry Rivals — Yet Reports last month that Amazon.com (NASDAQ: AMZN) had signed leases for its new grocery store chain that is separate from Whole Foods failed to disturb its rivals in the way that prior announcements of its moves into physical retail have. While that’s partly because the original news […]
Amazon.com, Inc. (NASDAQ:AMZN) Prime members can now benefit from free grocery deliveries within 1–2 hour US Amazon Prime members can now benefit from free grocery deliveries within 1–2 hours as the online retail firm makes Amazon Fresh a standard benefit of the subscription. The Amazon Fresh service, that previously cost an extra 14.99 a month, […]
Amazon.com, Inc. (NASDAQ:AMZN) Falls in After Hours Trading Amazon.com Inc. profit fell for the first time in more than two years in the third quarter, and the company expects another earnings decline in the holiday-shopping season, which sent shares down more than 7% in late trading Thursday. Amazon AMZN, -5.98% reported third-quarter profit of $2.1 […]
Amazon.com, Inc. (NASDAQ:AMZN) is shipping expired food Amazon’s sprawling marketplace, consisting of millions of third-party sellers, has become a go-to site for many grocery shoppers, especially since the company’s acquisition of Whole Foods over two years ago. But an increasing number of consumers are finding that, just as the broader Amazon Marketplace has a major issue […]
Amazon.com, Inc. (NASDAQ:AMZN) Q3 Earnings Expected to Decline Wall Street expects a year-over-year decline in earnings on higher revenues when Amazon (AMZN) reports results for the quarter ended September 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how […]
Amazon.com, Inc. (NASDAQ:AMZN) Starting to Pull Away From Competitors in Search Advertising When it comes to the search advertising market in the United States, there’s Google and then there’s everyone else. But Amazon (NASDAQ: AMZN) is making the case that it deserves some recognition among the companies chasing the Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary’s market share. This year, Amazon will take […]
Amazon.com, Inc. (NASDAQ:AMZN) CEO Jeff Bezos could break up his own company before regulators do Amazon CEO Jeff Bezos could break up his own company before regulators do so themselves, Atlantic writer Franklin Foer predicts. Foer, who wrote the Atlantic’s November cover story entitled “Jeff Bezos’s Master Plan,” said in an interview Tuesday on CNBC’s […]
Amazon.com, Inc. (NASDAQ:AMZN) revenue growth will remain robust Amazon (NASDAQ:AMZN) stock has been trading sideways for the past year. I strongly believe that AMZN stock is in a consolidation zone ahead of its next rally. I am examining the long-term outlook of AMZN stock, and my upbeat view is supported by the company’s growth potential. […]
Amazon.com, Inc. (NASDAQ:AMZN) Expands Tablet Portfolio With Fire HD 10 Launch Amazon AMZN is leaving no stone unturned to bolster presence in the world of entertainment by expanding its tablet portfolio. Recently, the company unveiled the latest version of its Fire HD 10 tablet, which offers access to more than 450,000 Audible titles and more than […]
Amazon.com, Inc. (NASDAQ:AMZN) promoted a business that surpassed $10 billion in annual revenue last year Amazon’s advertising business, once a niche part of the company’s sprawling empire, is now big enough to merit its own conference. Last week in Seattle, Amazon attracted roughly 400 people to “AdCon 2019,” CNBC has learned. The inaugural two-day event […]
Amazon.com, Inc. (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks A recent wake-up call, market seasonality, and lagging share price for Amazon (NASDAQ:AMZN) could turn into a technical treat for bears in the coming weeks. But with no guarantees of repeat performances, grizzly AMZN stock investors looking for more of the same […]
Amazon.com, Inc. (NASDAQ:AMZN) Is Diving Headlong Into the Grocery Business Amazon.com (NASDAQ: AMZN) fired the shot heard round the grocery world when the tech giant acquired Whole Foods in late 2017 — putting supermarkets on notice that there was a new sheriff in town. Since then, however, the situation has remained largely unchanged. The company has slowly ramped up […]
Amazon.com, Inc. (NASDAQ:AMZN) has a new program for employees, and it’s probably just getting started Amazon (NASDAQ:AMZN) has never been shy about its ambitions. But while the company seeks to dominate every area it enters, it does not always state its intentions before making a big play in a new area. For example, the company first launched its […]
Amazon.com, Inc. (NASDAQ:AMZN) Eyes Healthcare Market and Expands Tech Portfolio at Annual Event Amazon AMZN has had a busy couple of days. The e-commerce giant held their annual hardware event on Wednesday in Seattle a day after they announced they would be taking their biggest step yet into healthcare by launching its Amazon Care service […]
Amazon.com, Inc. (NASDAQ:AMZN) digital assistant Alexa gets into your head Amazon on Wednesday unveiled a cornucopia of new gadgets as it extended the reach of Alexa from automobiles and homes essentially into people’s heads. Amazon digital aide Alexa vies with Google Assistant software to be at the heart of smart homes where lights, security systems, […]
Amazon.com, Inc. (NASDAQ:AMZN) stock remains a growth story and one worth buying Up 21% year-to-date with a market capitalization of over $903 billion and sitting as the third-largest company in the S&P 500, it’s often hard for Amazon.com (NASDAQ:AMZN) to tread lightly. In the rarefied air in which Amazon stock resides, it usually takes a lot to […]
Amazon.com, Inc. (NASDAQ:AMZN) launches pay-with-cash service in U.S. at Western Union locations Amazon.com Inc. AMZN, -0.28% said Wednesday it is launching Amazon PayCode in the U.S., which allows customers to pay for online purchases in cash at Western Union Co. WU, -0.22% locations. Amazon said 80% of Americans live within five miles of one of Western Union’s 15,000 locations. Western Union’s […]
Amazon.com, Inc. (NASDAQ:AMZN) Probed by U.S. Antitrust Officials Over Marketplace A team of Federal Trade Commission investigators has begun interviewing small businesses that sell products on Amazon.com Inc. to determine whether the e-commerce giant is using its market power to hurt competition. Several attorneys and at least one economist have been conducting interviews that typically last about 90 […]
Amazon.com, Inc. (NASDAQ:AMZN) One-Day Shipping Is Already Having a Big Impact Back in April, Amazon (NASDAQ: AMZN) CFO Brian Olsavsky announced the company’s plans to shift its Prime shipping program from two-day shipping to one-day shipping. By the start of June, Amazon could ensure one-day delivery on 10 million items nationwide. At the time, Olsavsky warned the company was investing an […]
Amazon.com, Inc. (NASDAQ:AMZN) $1900 seems like a reasonable support level Amazon.com (NASDAQ:AMZN) was down about 1.5% today, and I expect that it shall continue to fall further. $1900 seems like a reasonable support level, but I think investors have something more to worry about then revenue growth, and that is margin compression. AWS was the […]
Amazon.com, Inc. (NASDAQ:AMZN) reports second quarter earnings after the closing bell Amazon.com, Inc. (AMZN) reports second quarter earnings after the closing bell on Thursday, July 25, with the stock poised to break out above its all-time intraday high of $2,050.50 on a positive reaction to this report. The upside potential is to its semiannual and […]
Deutsche Bank raised its price target on Amazon.com, Inc. (NASDAQ:AMZN) to $2,515 from $2,315 Deutsche Bank said Amazon was in a “sweet spot” of “slightly” accelerating revenue from “continued efficiency improvements.” “Given our view that Amazon is running in a sweet spot of revenue acceleration and still slight margin expansion and multiple expansion on the software side, […]
Amazon.com, Inc. (NASDAQ:AMZN) Announces Plans to Expand in Ohio Amazon.com, Inc. (AMZN) today announced plans to open two new Ohio fulfillment centers, one in Akron and the other in Rossford, creating more than 2,500 full-time jobs with comprehensive benefits and opportunities to work alongside Amazon robotics in an industry-leading workplace. “Ohio has been a great […]
Amazon.com, Inc. (NASDAQ:AMZN) becoming more sustainable? On its website, Amazon states its packaging mission is to optimise the overall customer experience by collaborating with manufacturers worldwide to invent sustainable packaging that delights customers, eliminates waste and ensures products arrive intact and undamaged. In 2008, Amazon launched Frustration-Free Packaging – a programme designed to reduce waste, […]
Amazon.com, Inc. (NASDAQ:AMZN) embarking a new venture that could be a game changer Amazon is embarking on new venture, which could be one of its biggest yet. The company is looking to expand its empire beyond these terrestrial borders — which could result in Amazon’s most lucrative business yet. Access to 4 billion new customers […]
Prime Time for Amazon.com, Inc. (NASDAQ:AMZN) AMZN’s earnings report comes soon after its most recent “Prime Day” event that took place July 15-16. The event is designed to spark sales volume during what’s traditionally been a seasonal slow period for the company, and analysts were looking for sales of more than $6 billion associated with […]
Amazon.com, Inc. (NASDAQ:AMZN) Stock Is Heading Toward More Consistent Profitability In April, Amazon reported its fourth straight quarter of profits, and the market is rewarding Bezos for delivering on his intention to refocus the company on achieving more consistent profitability. Last year, Amazon’s bottom line surpassed $10 billion for the first time , though AMZN stock had […]
Courts on Both Sides of the Atlantic Rule against Amazon.com, Inc. (NASDAQ:AMZN) Much like Amazon’s mega-tech counterparts Alphabet (NASDAQ: GOOGL , NASDAQ: GOOG ), Apple (NASDAQ: AAPL ), and Facebook (NASDAQ: FB ), court-related challenges have begun to plague AMZN. Thanks to a federal appeals court ruling, courts can now hold Amazon liable for products sold by third parties. Third-party sales account for about 58% of the sales on […]
Amazon.com, Inc. (NASDAQ:AMZN) continues to roll out some of the best early Prime Day deals we’ve seen Prime Day 2019 is a two-day event this year, but it doesn’t mean Amazon is holding back the early deals. That’s right: You don’t have to wait until July 15th to take advantage of a great sale! Right now, the retailer slashed prices […]
Amazon.com, Inc. (NASDAQ:AMZN) analysts expect AMZN to post earnings of $5.28 per share Amazon (AMZN) closed at $1,922.19 in the latest trading session, marking a +1.51% move from the prior day. This change outpaced the S&P 500’s 0.77% gain on the day. Elsewhere, the Dow gained 0.44%, while the tech-heavy Nasdaq added 1.06%. Coming into […]
Amazon.com, Inc. (NASDAQ:AMZN) Stock Is a Battleground Until AMZN reports its earnings on July 25, the movement of Amazon stock will mostly be based on macroeconomic news and the actions of big day traders. In other words, in the next couple of weeks, I expect AMZN to be a battleground between two camps: long-term investors […]
Amazon.com, Inc. (NASDAQ:AMZN) closing in on a buy opportunity Amazon.com (AMZN) is closing in on a buy opportunity that follows an eight-month base while gearing up for its largest shopping event of the year. The buy point of 1,964.50 will kick in if Amazon stock breaks out past that entry in a long cup-with-handle base […]
Amazon.com, Inc. (NASDAQ:AMZN) has been increasing its fulfillment centers at a rapid pace in the last few years Amazon had 58 fulfillment centers in 2014. This increased to 168 in 2019. The massive growth has also increased the labor cost for the company. Since 2014, the revenue increased by 160% while the employee headcount has […]
Amazon.com, Inc. (NASDAQ:AMZN) announces the opening of the Amazon Professional Beauty Store to offer professional stylists Shares of Ulta Beauty and Sally Beauty sank Monday after Amazon launched its own beauty store for licensed professionals. The e-commerce giant announced the Amazon Professional Beauty Store to offer professional stylists, barbers, and aestheticians beauty supplies typically found in salons and spas. […]
Why Amazon.com, Inc. (NASDAQ:AMZN) doesn’t offer a ‘price match’ policy Amazon often has the lowest prices on products, but they don’t offer a low-price guarantee. The notable thing about Amazon is that their prices are constantly changing for several reasons, and often for a consumer’s benefit. As the company constantly crunches data to determine the […]
Amazon.com, Inc. (NASDAQ:AMZN) to lease 15 more Boeing 737-800s through GECAS Amazon.com Inc. AMZN, +0.81% said Tuesday it will lease 15 737-800 cargo aircraft made by Boeing Co. BA, +5.37% through a partnership with General Electric Co.’s GE, +3.68% GE Capital Aviation Services (GECAS). The 15 aircraft will be in addition to the five Boeing […]
Amazon.com, Inc. (NASDAQ:AMZN) market share is still increasing Amazon’s market share didn’t just plummet out of nowhere. eMarketer merely overestimated Amazon’s historical sales, so it went back and updated those numbers based on the data Bezos provided in his letter to shareholders. Amazon’s share of online sales continues to climb under eMarketer’s new estimates. It’s […]
Amazon.com, Inc. (NASDAQ:AMZN) Expands With Prime Launch in UAE In order to strengthen presence in the Arabian Peninsula, Amazon AMZN has rolled out Prime services in the United Arab Emirates (UAE). The company expanded e-commerce operations in the UAE just a month ago by launching Amazon.ae. Amazon Prime and its customer friendly services will help the e-commerce […]
Amazon.com, Inc. (NASDAQ:AMZN) Prime Subscriptions Grow Just as Costco (NASDAQ: COST ) enjoys high profit margins through membership fees, Amazon Prime is of strategic importance. Last year, more people signed up for Prime than any year before. The more time people spend watching videos and listening to music, the more they are likely to renew their membership […]
Amazon.com, Inc. (NASDAQ:AMZN) rarely mentions Whole Foods in earnings Robb said on Yahoo Finance’s The First Trade that the Amazon deal for Whole Foods was a game-changer. “The deal heralded as a proxy that integrated retailing is the future,” Robb said. “The customer is now in charge of what choices they make — they aren’t […]
Amazon.com, Inc. (NASDAQ:AMZN) may soon come under the scrutiny of federal regulators An Amazon executive said Wednesday that the online shopping giant isn’t too big and shouldn’t be broken up, but added that large companies deserve to be examined. Amazon and other big tech companies are facing scrutiny from government agencies that are looking into […]
Amazon.com, Inc. (NASDAQ:AMZN) own 5.8% in the closing minutes of Monday trading Shares of Amazon.com (NASDAQ: AMZN) are down 5.8% in the closing minutes of Monday trading, falling as rumors begin to swell about an imminent investigation into the company for anti-competitive business practices. As Reuters reported today, representatives of the U.S. Department of Justice’s […]
Amazon.com, Inc. (NASDAQ:AMZN) subscription segment can continue to show robust growth In the latest quarterly earnings, Amazon (NASDAQ:AMZN) showed that it has built a subscription juggernaut which keeps on growing. The subscription segment had revenue of $4.34 billion. This was up from $3.1 billion in the year-ago quarter and equals 42% growth after excluding F/X. After […]
Amazon.com, Inc. (NASDAQ:AMZN) faces an enormous slate of shareholder proposals Amazon shareholders have been a remarkably tolerant bunch over the years, sitting idly by while the company plowed nearly all its revenues back into expanding the business, submitting few if any resolutions each year for the proxy ballot. This year, that could change. A lot. […]
Amazon.com, Inc. (NASDAQ:AMZN) streaming device has had a strong start to the year Amazon ‘s (NASDAQ: AMZN) streaming device has had a strong start to the year. The company announced it reached 30 million active accounts on its Fire TV devices in January, and it’s already grown by about 4 million users so far this year. […]
Amazon.com, Inc. (NASDAQ:AMZN) crushed Q1 views, but sales growth has been slowing The Leaderboard stock is chasing a 1964.50 buy point. Shares climbed 2% to finish at 1,907.57 on the stock market today. Amazon stock found support at its 50-day moving average earlier this week. The e-commerce giant’s relative strength line, which tracks a stock’s performance vs. the S&P […]
Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed Warren Buffett’s Berkshire Hathaway’s Amazon.com, Inc. (NASDAQ:AMZN) position has finally been revealed, and it’s pretty sizable. According to the 13F data, Buffett’s company had 483,300 shares wroth of Amazon worth around $860.6 million at the end of March. While it’s a relatively big position for […]
Amazon.com, Inc. (NASDAQ:AMZN) edging closer to a record high Amazon stock is edging closer to a record high, fueled by a strong first-quarter earnings report and a plan to offer free one-day shipping to its best customers. Is Amazon stock a buy as it once again nears a market cap of $1 trillion? Few companies […]
Amazon.com, Inc. (NASDAQ:AMZN) A champion of value investing Buffett has long been a champion of a style of investing called value investing. The approach was pioneered by Buffett’s mentor, teacher and author of “Intelligent Investor” Benjamin Graham. Graham’s value-based disciplines on investing included: (1) finding stocks trading below intrinsic value; (2) looking for stocks with […]
Amazon.com, Inc. (NASDAQ:AMZN) ‘Golden Cross’ pattern has formed Warren Buffet’s company buying Amazon stock wasn’t the only thing that sent money-folks tongues wagging this week. Yahoo! Finance noticed that a ‘Golden Cross’ pattern has formed. After seven weeks of upward momentum, something Amazon has not seen in decades, the stock could be set for further momentum…or a drop. […]
Berkshire Hathaway, finally, has invested in Amazon.com, Inc. (NASDAQ:AMZN) Warren Buffett said Berkshire Hathaway Inc has bought shares of internet retailing giant Amazon.com Inc for the first time, though he has not been the one doing the buying, CNBC reported on Thursday. Buffett said the purchase was made by one of his investment managers, Todd […]
Amazon.com, Inc. (NASDAQ:AMZN) plans to move from free two-day shipping to one-day shipping for Prime members At roughly the same time Amazon (NASDAQ: AMZN) quietly let it be known that it plans to move from free two-day shipping to one-day shipping for Prime members, the company dropped another bombshell. The e-commerce giant took its freight brokerage platform live at freight.amazon.com. […]
Amazon.com, Inc. (NASDAQ:AMZN) Expect Much Higher Revenue, Earnings Wall Street analysts, on average, predict that AMZN’s first-quarter earnings per share will come in at $4.72. If AMZN meets that consensus estimate, , its EPS jumped 44.3% versus the same quarter last year. AMZN’s revenue also looks poised to rise at least 10%. Analysts’ consensus estimate […]
What to Expect from Amazon.com, Inc. (NASDAQ:AMZN) Q1 2019 Earnings Results Amazon AMZN saw its stock price dip roughly 1% during regular trading hours on Wednesday, just one day before the firm is scheduled to release its first-quarter fiscal 2019 financial results. Despite the slip, shares of Amazon have soared in 2019, along with Facebook […]
Amazon.com, Inc. (NASDAQ:AMZN) Reports after the close, Thursday, Apr. 25 Wall Street expects Amazon to earn $4.72 per share on revenue of $59.65 billion. This compares to the year-ago quarter when earnings came to $3.27 per share on revenue of $51.04 billion. What to watch: Is there such a thing as growth fatigue at Amazon? […]
Amazon.com, Inc. (NASDAQ:AMZN) revealed its plans to develop a satellite network Amazon is one of the most powerful companies in the world. It has millions of Prime subscribers, owns a fleet of aircraft, streams Emmy-winning shows, and hosts the world’s largest cloud storage platform. The growth of online giants like Amazon may be limited only […]
Amazon.com, Inc. (NASDAQ:AMZN) in talks to launch ad-supported music offering Shares of Spotify Technology SA fell 4 percent on Monday after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader. Amazon would market the free music service through […]
Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos finalized the terms of divorce The Bezos have finalized the terms of their divorce, with Amazon CEO Jeff Bezos retaining 75% of the couple’s stake and all interests in the Washington Post and the space-travel company Blue Origin, MacKenzie said in a Thursday tweet. Jeff will hold onto 59.1 million shares of Amazon, […]
Amazon.com, Inc. (NASDAQ:AMZN) will be looking to continue its solid performance Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Amazon.com (AMZN) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Retail-Wholesale sector should […]
Amazon.com, Inc. (NASDAQ:AMZN) may soon reach $2,050 Shares of Amazon are climbing back toward their all-time high of $2,050, and one technical analyst believes the stock may soon reach that level — and then blow through it. Oppenheimer’s Ari Wald said Monday on CNBC’s “Trading Nation” that after the stock topped $1,730, which had been a key level of […]
Amazon.com, Inc. (NASDAQ:AMZN) Oppenheimer’s new price target of $2,085 Shares of Amazon (AMZN – Get Report) are outpacing the impressive gains in both the Nasdaq and the S&P 500 on Monday, as shares are up 1.5% to $1,808 after the company received a price target boost from the analysts at Oppenheimer. The analysts increased their […]
Take Advantage of the Fundamental Gap in Amazon.com, Inc. (NASDAQ:AMZN) Stock When you’re a small company, particularly an upstart tech firm, the law of small numbers works in your favor. If you’re only making $1 million in annual revenue, another million would represent 100% sales growth. That’s one of the reasons why penny stocks are […]
Amazon.com, Inc. (NASDAQ:AMZN) stock is still growing and looking for new ventures to put its name on All right, so Amazon hasn’t exactly been blazing any trails in the first quarter of 2019’s contest — it currently sits in fourth place, in fact. But take heart, because A. there are still three quarters to go […]
Amazon.com, Inc. (NASDAQ:AMZN) house brand Belei joins rivals such as Kylie Cosmetics and Glossier Amazon.com Inc. is making a play for the beauty category with a new line of skin-care products at a time when digitally-native brands are driving sales across the sector. Amazon’s AMZN, +1.22% Belei features a dozen items including a charcoal balancing […]
E-commerce juggernaut Amazon.com, Inc. (NASDAQ:AMZN) just keeps on rolling Amazon.com (NASDAQ:AMZN) stock has garnered a fair number of headlines lately, as usual. But this time around some of those headlines were a bit surprising. The most interesting was Democratic presidential hopeful Senator Elizabeth Warren suggesting that the big tech firms — Google (NASDAQ:GOOG, NASDAQ:GOOGL), Facebook (NASDAQ:FB) […]
Amazon.com, Inc. (NASDAQ:AMZN) new grocery stores will be a positive catalyst for AMZN stock When Amazon (NASDAQ:AMZN) bought Whole Foods Market about a year ago, the major grocery chains shuttered in disbelief and their stocks retreated. After all, when AMZN sets its sights on you, the results are usually not too good. And over the last year […]
Amazon.com, Inc. (NASDAQ:AMZN) stock has been relatively weak in 2019, but investors shouldn’t worry about AMZN too much Amid the big, broad rally in tech stocks in 2019, one not-so-insignificant factoid that has been largely swept under the rug is that the godfather of all tech stocks, Amazon (NASDAQ:AMZN), has actually been a laggard this year. […]
Amazon.com, Inc. (NASDAQ:AMZN) expanding its digital advertising business and currently sits in third place in the U.S. Amazon AMZN shares have climbed roughly 13% to start the year, which tops the market’s comeback, but falls way behind fellow FAANG giants Facebook FB and Netflix NFLX . Therefore, Amazon stock still rests over 17% below its 52-week […]
Amazon.com, Inc. (NASDAQ:AMZN) reportedly lifting a restriction on third-party sellers Amazon is reportedly lifting a restriction on third-party sellers, according to Reuters. A source said that Amazon will stop telling those sellers that they cannot offer lower prices on competing websites. Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a […]
Amazon.com, Inc. (NASDAQ:AMZN) to Expand Streaming Business Amazon is currently trying to buy the New York Yankees’ regional sports network, according to reports from the New York Post and other outlets. An Amazon-led group of investors, which also includes the New York Yankees, is said to be nearing a deal that would see the e-commerce […]
Amazon.com, Inc. (NASDAQ:AMZN) will close all of its pop-up locations in the U.S. beginning next month Amazon will close all of its 87 pop-up locations in the U.S. in April, the company said Wednesday. Amazon has pop-ups inside Whole Foods locations, Kohl’s stores and malls around the U.S. The shops let customers try Amazon products — […]
Amazon.com, Inc. (NASDAQ:AMZN) the pace of gross profit growth has become a more relevant indicator As a growing percentage of Amazon’s business comes from third-party sellers and subscriptions like Prime, investors should prioritize gross profit over year-over-year revenue growth, according to Evercore ISI. Analyst Anthony DiClemente’s said his new, “more nuanced” gross profit model and […]
Amazon.com, Inc. (NASDAQ:AMZN) cloud services business has $30 billion of revenue run rate in the early stages of adoption in the United States Amazon’s cloud services business has been growing exponentially, but the company still has a long way to go, the division’s CEO Andy Jassy told CNBC’s Jim Cramer on Thursday. With $30 billion […]
Amazon.com, Inc. (NASDAQ:AMZN) wants this mesh Wi-Fi company In typical Amazon (NASDAQ:AMZN) fashion, the company’s move to acquire Wi-Fi networking company eero seems to have come out nowhere, but makes a lot of sense. eero will give Amazon a foothold in a space that competitor Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL)is already in, and that’s not the only reason that the acquisition […]
Why Costco could be in the crosshairs of Amazon.com, Inc. (NASDAQ:AMZN) There have been some concerns among the owners of Amazon (NASDAQ: AMZN) stock and others about the slowdown of Amazon’s revenue growth. These concerns are exaggerated because Amazon can quickly ramp up its retail sales by making one or more acquisitions in the retail space. Since AMZN […]
Amazon.com, Inc. (NASDAQ:AMZN) still growing revenue at a double-digit rate Amazon (NASDAQ:AMZN) is still growing revenue at a double-digit rate in its U.S. e-commerce unit, its web services unit, and in international markets. Yet at its physical retail stores, sales have stalled out. While the e-commerce giant’s overall revenue rose 20% in the fourth quarter — a […]
Amazon.com, Inc. (NASDAQ:AMZN) has run into a mess in India Amazon.com (NASDAQ:AMZN) stock took a haircut after the company’s fourth-quarter results were released. Wall Street was disappointed with the e-commerce giant’s guidance as it calls for first-quarter sales growth of 14% at the midpoint, while analysts were looking for a 19% jump. But that was not the only bad […]
Amazon.com, Inc. (NASDAQ:AMZN) wants to be greener Amazon, which ships millions of packages a year to shopper’s doorsteps, says it wants to be greener. The online retail giant announced plans Monday to make half of all its shipments carbon neutral by 2030. To reach that goal, the online retail giant says it will use more […]
Amazon.com, Inc. (NASDAQ:AMZN) stock turns down after downbeat retail sales data Shares of Amazon.com Inc. AMZN, -1.06% swung to losses in premarket trade Thursday, after government data showed that December retail sales at internet sellers suffered the biggest drop since the financial crisis. Amazon’s stock fell 1% ahead of the open, after being up as 0.6% before the data was […]
Amazon.com, Inc. (NASDAQ:AMZN) acquiring home Wi-Fi start-up Eero Amazon said on Monday that it’s acquiring Eero, a developer of internet routers that can be easily connected in the home. Terms of the deal weren’t disclosed. It’s Amazon’s latest push into the smart home, following the acquisition of video doorbell maker Ring last year for $1 billion. Amazon’s […]
Amazon.com, Inc. (NASDAQ:AMZN) stock continues to astound This time last year, I predicted that Amazon’s (NASDAQ:AMZN) business would continue to grow at a rapid pace, pushing AMZN stock all the way to $10,000. Of course, I wasn’t suggesting it would happen immediately. Rather, it might take as long as 7.5 years to get there, which would still […]
Amazon.com, Inc. (NASDAQ:AMZN) to Defy a Patchy Track Record Amazon.com, Inc. AMZN is set to report fourth-quarter earnings on Jan 31 after the closing bell. Analysts from SunTrust have warned that the e-commerce giant historically had limited success in the fourth quarter. According to SunTrust, the last time Amazon surpassed analysts’ expectations was in the fourth quarter […]
Amazon.com, Inc. (NASDAQ:AMZN) scheduled to report fourth-quarter earnings on Thursday after the closing bell Amazon.com Inc. is scheduled to report fourth-quarter earnings on Thursday after the closing bell and SunTrust Robinson Humphrey analysts warn the e-commerce giant has a patchy track record with holiday quarter estimates. Analysts there expect a “solid” fourth-quarter report, but leave […]
Amazon.com, Inc. (NASDAQ:AMZN) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1,160.76. The projected upper bound is: 2,078.29. The projected lower bound is: 1,051.17. The projected closing price is: 1,364.73. Candlesticks A big black candle […]
