|Bid||1,609.00 x 900|
|Ask||1,609.99 x 1100|
|Day's Range||1,600.45 - 1,614.06|
|52 Week Range||927.00 - 1,638.10|
|PE Ratio (TTM)||261.81|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CNBC's Todd Haselton tries living off Amazon Prime for a week to see where the online empire succeeds and where it has room to grow.
May.25 -- Amazon faced a public blunder this week after it was revealed a voice-activated Echo recorded and sent a private conversation. Although Amazon says its a rare mistake, it brings up larger anxieties and concerns around the technology and possibilities for voice-activated devices inside the home. Dan Gillmor, senior staff technologist for the Speech, Privacy, and Technology Project at the ACLU, and Bloomberg Technology Editor Alistair Barr discuss.
The Rocinante will glide on. Jeff Bezos is so happy about Amazon Prime picking up The Expanse, the widely praised sci-fi show based on the James S. A. Corey book series, he announced it from the stage at the National Space Society’s International Space Development Conference in Los Angeles last night (May 26). The Amazon…
vowed to use his rocket startup to develop robotic rovers and perhaps human habitats on the moon’s surface, even if such projects fail to win financial support from the U.S. government. In a personal, wide-ranging talk at a space conference here Friday, Mr. Bezos laid out his vision for lunar exploration and eventual settlement. Without divulging details about the new generations of powerful rockets, spacecraft and landing vehicles he envisions will be necessary to establish such permanent outposts, Mr. Bezos made an impassioned argument for accelerating private space travel.
When I heard that Syfy was going to end prestige space opera The Expanse after only three seasons, I assumed it wouldn’t be the end. The show has nearly perfect scores from critics and even if ratings were dipping, it seemed like a prime acquisition target for either Netflix, who has been beefing up its highly successful slate of science fiction programming lately, or Amazon, forever trying to get Netflix’s goat. Netflix ultimately passed on The Expanse, but a few days ago, rumblings began that Amazon was “in talks” to save the show and bring it back for season four.
Dealing with setbacks is part of life, but Danny House is a master of resiliency. House, better known as Dan the Sausageman, is this year’s Washington Small Business Person of the Year. It’s how he started his business, selling sausages door-to-door with a grin and an introduction: “I’m Dan the Sausageman, that’s who I am.” House was nominated for the award by the Washington Small Business Development Center, which helped him secure a $750,000 SBA-backed loan in 2017 to expand his Burien-based business.
If you fire up your computer or phone to get your groceries, there’s an increasing chance you might rely on British online supermarket Ocado Group’s technology. Traders said a short squeeze added to the surge.
Arnault of LVMH Moët Hennessy Louis Vuitton is one of the world’s richest men, thanks to his family’s 47% stake in the French luxury group. LVMH shareholders know that he got there through decades of skillful management of many tony marques, from pricey Champagne, such as Dom Pérignon, to high-fashion labels, such as Christian Dior, to glitzy TAG Heuer watches.
The milestone for Netflix is the latest sign that investors remain faithful to the handful of technology and internet firms that have powered the broader market in the past few years.
The FAA just approved a swath of projects to explore the potential of commercial drones, and the data they produce will be invaluable to the nascent industry.
The aversion to processed food has the nation’s food giants finding their way to the Bay Area to buy startups on trend in terms of healthier, organic or unique offerings. The big food companies have trouble innovating, but are great at taking a good idea to scale.
If you, like me, pay mainly with credit or debit cards, and buy things on Amazon (AMZN) rather than in a store, the next 10 years will be made for you. Piaggio, the company behind Vespa scooters, has already created one such assistant, named Gita.
Google, which gets around 30% of its revenue from the EMEA region, probably isn't too worried. Google will likely have an easier time than many smaller companies (for example, independent publishers and ad tech firms) at getting users to opt in to the collection and use of their data, given how much consumers depend on Google's core services and generally prefer to get personalized experiences that depend on data-sharing. Another reason is that Google's search ad business -- believed to easily be its largest profit source -- is both relatively immune to GDPR regulations and has a slew of powerful growth drivers that should large remain in place for some time.
Amazon’s (AMZN) e-commerce success seems to be having a spillover effect. Growth for third-party merchants means Amazon makes more money, too. Amazon’s e-commerce dominance and its massive user base make it compelling for merchants to sell their products on the platform.
Facing off against difficult year-over-year comparisons, the entertainment producer delivered strong bottom-line results thanks to much higher TV-based profits.
Best Buy Co. Inc.’s ( BBY) stock has been under pressure in recent days despite posting first-quarter results that surpassed Wall Street earnings as worries about decelerating growth in e-commerce sales weighing on investors. The Wall Street firm’s Anthony Chukumba is urging investors to build their position in the stock in the wake of the weakness. The analyst told The Wall Street Journal that the decline in online sales was “much ado about nothing,” and that he is now more bullish on the stock since the earnings report.
While Amazon (AMZN) is a pioneer in the smart speaker market, it seems to be losing market share in the space. A recent report by Strategy Analytics suggests that Amazon sold 4 million smart speakers in the first quarter and had a 43.6% market share, compared with an 81.8% market share in Q1 2017.
You may think of your virtual assistant as a kind of trusty companion, giving out weather forecasts, recipes, news and all sorts of ephemera on request. Amazon, confirming a report by a local television station in Seattle, said the device misunderstood pieces of a conversation as commands. While there’s no way to ensure that such devices as Amazon’s Alexa or Google’s Home are completely safe, there are steps that can help protect your privacy.