AMZN - Amazon.com, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1,751.60
+11.12 (+0.64%)
At close: 4:00PM EST
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Previous Close1,740.48
Open1,751.20
Bid1,751.06 x 1000
Ask1,752.00 x 800
Day's Range1,741.05 - 1,754.37
52 Week Range1,307.00 - 2,035.80
Volume2,800,692
Avg. Volume2,925,501
Market Cap868.438B
Beta (3Y Monthly)1.52
PE Ratio (TTM)77.61
EPS (TTM)22.57
Earnings DateJan 29, 2020 - Feb 3, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2,167.56
  • DoorDash & White Claw top fastest growing brands: Rpt
    Yahoo Finance Video

    DoorDash & White Claw top fastest growing brands: Rpt

    Morning Consult looked at the brands with the biggest jump in consumers who said they would consider buying from a specific company over the course of 2019. Yahoo Finance's Zack Guzman and Emily McCormick discuss the results with Strictly Cookies CFO Courtney Comstock on YFi PM.

  • Amazon signs lease for more offices in Hudson Yards
    American City Business Journals

    Amazon signs lease for more offices in Hudson Yards

    The new office space will not be receiving massive tax breaks from the city or state, the WSJ reported.

  • Bloomberg

    Amazon Leases Midtown Space after Halting HQ2 Plan for NYC

    (Bloomberg) -- Less than a year after Amazon.com Inc. walked away from a planned headquarters in New York, the e-commerce giant has announced a significant expansion in midtown Manhattan.The company signed a lease for 335,000 square feet in the Hudson Yards neighborhood on the west side. The new office will accommodate more than 1,500 workers and is slated to open in 2021, according to an e-mailed statement.“As we shared earlier this year, we plan to continue to hire and grow organically across our 18 Tech Hubs, including New York City,” the Seattle-based company said.Amazon abandoned plans in February to build an additional headquarters in New York’s Long Island City neighborhood following fierce public criticism of tax breaks promised to the company, and concerns about the impact on housing costs and transportation. The move sent shock waves through New York’s real estate community, which worried that the city was becoming inhospitable to business.But recent months have shown that companies are still attracted to New York and its deep pool of talented workers. Facebook Inc. announced that it was leasing more than 1.5 million square feet at Hudson Yards last month. And Google is also in the midst of a major expansion in the city.Amazon said it is not receiving tax benefits or other incentives for its new office, which will be located in SL Green Realty Corp.’s building on 10th Avenue between 33rd and 34th Streets. The outpost will be roughly the same size as the company’s other corporate offices in New York, where it currently has more than 3,500 employees in its tech hub.Dow Jones reported the lease earlier on Friday.To contact the reporter on this story: Noah Buhayar in Seattle at nbuhayar@bloomberg.netTo contact the editors responsible for this story: Craig Giammona at cgiammona@bloomberg.net, Linus Chua, Stanley JamesFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Amazon (AMZN) Gains But Lags Market: What You Should Know
    Zacks

    Amazon (AMZN) Gains But Lags Market: What You Should Know

    Amazon (AMZN) closed at $1,751.60 in the latest trading session, marking a +0.64% move from the prior day.

  • Buy Apple (AAPL) Stock on Analyst Optimism Heading into 2020?
    Zacks

    Buy Apple (AAPL) Stock on Analyst Optimism Heading into 2020?

    Apple (AAPL) closed up over 1.4% Thursday after a Citi analyst predicted the iPhone maker to outperform this upcoming holiday season.

  • Benzinga

    Analysts: Amazon Is More Than The Truck That Brings Gifts

    Around the holidays Amazon.com Inc. (NASDAQ: AMZN) is probably best known for being one of Santa's biggest helpers, delivering presents to homes at a furious pace. Morgan Stanley's Brian Nowak kept an Overweight rating on the stock with a $2,100 price target. RBC Capital Markets analyst Mark Mahaney maintained an Outperform rating on Amazon. Amazon Business = $30 Billion?

  • American City Business Journals

    Opinion: We cannot wait for politicians to solve Seattle's issues

    The results of the Seattle City Council elections were a huge disappointment to many of us, writes Tom Alberg, but business can be a driver of change.

  • Reuters

    UPDATE 1-Amazon websites could be added to USTR's 'Notorious Markets' list -WSJ

    The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal https://on.wsj.com/2LtUZOR reported on Friday, citing people familiar with the matter. The action would be taken by the U.S. Trade Representative's Office through its annual "Notorious Markets" list, the report said, adding that no decisions have been made and that similar proposals last year were eventually discarded. Amazon said it "strictly prohibits" counterfeit products on its platforms and invests heavily to protect customers from such items.

  • TheStreet.com

    Amazon to Expand in New York City Without Subsidies

    Amazon yanked plans to open a new headquarters in Queens last year amid local protests over billions of dollars in incentives offered to the online giant.

  • High-powered Amazon exec joins board of statewide business group
    American City Business Journals

    High-powered Amazon exec joins board of statewide business group

    The Amazon executive responsible for bringing 5,000 jobs to Music City is joining the board of the group that plays a key role in shaping business policy statewide.

  • Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ
    Reuters

    Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ

    The action would be taken by the U.S. Trade Representative's Office through its annual "Notorious Markets" list, the report said, adding that no decisions have been made and that similar proposals last year were eventually discarded. Amazon said it "strictly prohibits" counterfeit products on its platforms and invests heavily to protect customers from such items. The U.S. Trade Representative's Office (USTR) did not immediately respond to a request for comment.

  • Is Trade Scaring You? ETF Strategies for 2019 Holiday Season
    Zacks

    Is Trade Scaring You? ETF Strategies for 2019 Holiday Season

    It is less likely that Santa alone will drive Wall Street this season as trade tensions persist. Overall, these ETF investing trends should stay strong.

  • Peloton Backlash Comes With Silver Lining: Pre-Holiday Publicity
    Bloomberg

    Peloton Backlash Comes With Silver Lining: Pre-Holiday Publicity

    (Bloomberg) -- Peloton Interactive Inc. has been pilloried online and punished on the stock market following the release of a holiday ad for its stationary exercise bike that was deemed culturally insensitive. But the backlash could be a good thing for the company in the long run.The commercial, which features a woman documenting a year in her life with the Peloton bike her male partner gave her, struck some viewers as out of touch -- suggesting the already thin “Grace from Boston” was undergoing a strenuous workout in order to lose weight for the guy. The video, released about a month ago, went viral on social media, eliciting a scathing parody by comedian Eva Victor and prompting Peloton to close comments on the official YouTube video.As the internet buzz seemed to hit a peak earlier this week, Peloton’s stock fell 9%. But some experts say the increased attention could end up boosting sales. The shares were up 3.7% on Friday in New York.“They might benefit more because people are looking it up and learning more about it,” Laura Ries, president of advertising consultancy firm Ries & Ries, said. It’s still a short-term bump for a company that has historically been largely successful with marketing, with a total member base of 1.6 million people including more than 560,000 who have one of the proprietary bikes or treadmills plus a fitness subscription, according to Peloton’s most recent quarterly report. The official Peloton ad on the company’s YouTube channel has been seen by more than 3.6 million people.The controversy comes at a crucial time for the New York-based company, which is new to market scrutiny after listing shares in September, as it seeks to capitalize on the all-important holiday sales season and expand in new markets like the U.K. and Germany. The shares had gained 27% since its initial public offering before the wave of internet commentary dragged it down on Tuesday. The company is also facing increased competition in the booming at-home fitness market, especially among workout apps. Nike Inc., Aaptiv Inc. and apps like Kayla Itsines’s Sweat with Kayla have all gained followings for exercise programs available on a user’s phone.Peloton has been punished by Wall Street for its focus on growth over profitability. The company sells a stationary bike starting at about $2,000 and a treadmill that costs about $4,000, in addition to a basic “connected fitness” subscription plan at $39 a month for those pieces of hardware, and the separate digital apps that don’t require equipment. Its loss narrowed in the three months ended Sept. 30 to $49.8 million.The stock surged almost 10% last Friday after the company was reportedly seeing strong demand on Black Friday. And earlier this month, Peloton lowered the price of its digital subscription app to $12.99 a month from $19.49 in conjunction with the launch of new apps for Amazon’s Fire TV and the Apple Watch, a move that could entice new users. JMP Securities analysts raised their price target on the stock after the subscription reduction, saying it “broadens Peloton’s reach, improves conversion, and reduces purchase friction.” Ronald Josey, a JMP analyst, said there are “a lot of good things going on” at the company and that people will continue to buy the bike and other products despite the controversy.According to the most recent earnings report, Peloton expects its user base to grow to 680,000 or more by the end of its second quarter thanks to holiday sales and New Year’s resolutions.Scott Galloway, a professor of marketing a the NYU Stern School of Business, said the commercial itself is tone deaf and borderline offensive. But “in this attention-driven economy, anything that gets attention is arguably a positive,” he said in an interview. “It’s bringing Peloton into the social discourse on very regular basis, which is what ads are supposed to do.” If Peloton had to do it again, Galloway said, “I’d argue they probably would.”(Updates shares in third paragraph. A previous version of the story corrected a company error in the subscription price.)To contact the reporter on this story: Julie Verhage in New York at jverhage2@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, Molly Schuetz, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Barrons.com

    Saudi Aramco Has Eclipsed Apple. Size May Not Matter.

    The largest public company in the world as measured by market capitalization is now Saudi Arabian Oil Co. Investors may be put off by the bigness, but history shows it has little bearing on stock performance.

  • Urbem's 'Wonderful Business' Series: Tractor Supply
    GuruFocus.com

    Urbem's 'Wonderful Business' Series: Tractor Supply

    A rare thriving brick-and-mortar retailer Continue reading...

  • 5 Tech Stocks These Former Tiger Cubs Agree On
    GuruFocus.com

    5 Tech Stocks These Former Tiger Cubs Agree On

    An overview of Chase Coleman and Philippe Laffont’s common holdings Continue reading...

  • Barrons.com

    The Analyst Who Called Roku’s Rally Says It’s Time to Buy Trade Desk Stock

    Needham analyst Laura Martin, who is widely regarded as the most prominent bull on Roku stock, is now saying investors should buy digital ad company Trade Desk. (TTD) (TTD) provides ad buyers with a digital platform to create and manage their campaigns.

  • GuruFocus.com

    Kroger Misses 3rd-Quarter Earnings and Revenue Expectations

    Online sales soared 21% year over year Continue reading...

  • Gwinnett primed for Amazon center
    American City Business Journals

    Gwinnett primed for Amazon center

    A year from now, the first of hundreds of thousands of toys, books, electronics and other consumer goods will begin shipping from Amazon’s first robotics fulfillment center in Georgia.

  • Amazon's Cloud Clientele Expands as BP Migrates Data to AWS
    Zacks

    Amazon's Cloud Clientele Expands as BP Migrates Data to AWS

    BP goes all-in on AWS, which highlights the efficiency and reliability of Amazon's (AMZN) cloud services offerings.

  • Amazon under fire for package delays just a week into the holiday shopping season
    ABC News Videos

    Amazon under fire for package delays just a week into the holiday shopping season

    After a record-breaking start to the online retailer’s sales report, customers are complaining that packages are not arriving on time.