|Bid||1,573.81 x 800|
|Ask||1,574.80 x 1200|
|Day's Range||1,572.10 - 1,583.59|
|52 Week Range||927.00 - 1,638.10|
|PE Ratio (TTM)||256.00|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
and its Google search business are playing scapegoat this weekend. The tech giant is expected to be the focus of a 60 Minutes segment on Sunday, May 20, titled "The Power of Google." The segment will focus on "critics who say the company has stifled competition, and an antitrust enforcer who is taking action." Google shares finished down 1% on Friday on news of the segment. It's not the first time Google has come under fire for allegedly squashing competition or raising the barriers to entry too much.
$2.2 billion purchase of iZettle AB reflects the desire of pay-tech companies to do more than process payments. Stockholm-based iZettle makes a credit card reader that draws comparison to Square Inc. "The most important thing is the value-added solutions, " Wedbush Securities Inc. analyst Moshe Katri said of the motivation behind the purchase.
If I were to make the mistake of asking whether you look forward to having your car serviced at an auto dealership, I expect you’d look at me as if I’d just grown horns. The retail automotive customer experience is paradoxical. As cars improve in ride, reliability, safety, and other positive markers, the dichotomy between the desired and actual customer experience when owners come in to have their cars serviced only becomes more stark.
to take significant share of the surging mobile payments market. Amazon began offering to pass along discounts it scores on credit card fees to retailers if they use its digital payments services, Bloomberg reported on May 2.
If the furniture retail industry is facing an apocalypse, then Wayfair is the lead horse. Nearly two-thirds of the brick-and-mortar furniture retailers surveyed said online retailers that specialize in furniture, most especially Wayfair, are their store’s number one competitive threat, as opposed to online retailers that sell furniture along with other products, like Amazon. Only 40% of independents named Amazon as a primary competitive threat, which was tied with high-end national furniture retail chains, like RH and Ethan Allen.
It’s clearer than ever that the president is grinding a personal axe against Jeff Bezos and opposition media.
ReutersPresident Trump personally pressured Postmaster General Megan Brennan to double the charges Amazon and other firms pay to ship packages, a new report said Friday. President Trump personally pressured Postmaster General Megan Brennan to double the charges Amazon and other firms pay to ship packages, a new report said Friday. Brennan resisted Trump’s demand, explaining “in multiple conversations” that the rates are set in contracts and that any changes would have to be approved by regulators, the Washington Post reported.
new smart speaker is off to a slow start, but don't count out Apple just yet. Google Home claimed about 44% and 27%, respectively. Apple only released its speaker in February of this year, making the company "late to the game," DA Davidson analyst Tom Forte said.
If there is one thing that unites Silicon Valley billionaires, it is their hatred of traffic. Most are betting on autonomous cars, in one form or another. Both Google founders, Larry Page and Sergey Brin, have their own private aerospace ventures.
Trump personally urged Postmaster General Megan Brennan to double the U.S. Postal Service's shipping rate for Amazon and other companies, the Washington Post reported
Boston Mayor Marty Walsh discusses Amazon's HQ2 search and the keys to the city's growth. He talks to Bloomberg's Boston Bureau Chief Tom Moroney on "Bloomberg Technology." (Source: Bloomberg)...
On May 15, e-commerce giant Amazon (AMZN) announced that it expects to offer a discount of 10% on sale items, as well as other weekly discounts on select items, at Whole Food stores to its Prime members. This move has been in the cards since it acquired Whole Foods for $13.7 billion in August 2017. The move is aimed at attracting more of the company’s customers to Whole Foods.
Ring, a smart doorbell maker owned by Amazon (AMZN) , still hasn’t fixed a security flaw that allows users to stay logged into the app — even after passwords are changed. The Consumer Products Safety Commission held a hearing this week on the safety of internet of things devices and is seeking public feedback on the issue until June 15.
Sears Holdings SHLD CEO Eddie Lampert admits his retail empire isn't what he imagined it would become when he brought Sears and Kmart together 13 years ago. He had his eyes set then on being "the next Warren Buffett ," and Sears Holdings was supposed to be his Berkshire Hathaway, says one former top Sears executive. Sears and Kmart were already lacking so many resources, namely investment capital to fend off online upstarts like Amazon AMZN , and an experienced bench of retail executives, so these early cuts took an enormous toll.
President Trump pressured U.S. Postmaster General Megan Brennan to double the rate the Postal Service charges Amazon.com and other firms to ship packages, the Washington Post reported.
As Baozun pops on earnings, its fellow Chinese stock and major investor Alibaba is closing in on a potential new buy zone.
Amazon is inviting area employers and small companies into its facilities as it scales up a community workforce development effort.
Trump pushed the U.S. Postal Service to double the package delivery rates paid by Amazon #tictocnews https://bloom.bg/2Lf2p6L (Source: Bloomberg)