|Bid||1,608.64 x 900|
|Ask||1,608.82 x 1100|
|Day's Range||1,600.45 - 1,614.06|
|52 Week Range||927.00 - 1,638.10|
|PE Ratio (TTM)||261.50|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Amazon's Alexa may be spying on you. According to a report from a Seattle TV station, an Amazon Echo secretly recorded a user's conversation and sent it to a contact. Yahoo Finance's Seana Smith, Jennifer Rogers, Dan Howley and BBG Ventures' Susan Lyne
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.
Macy’s, Nordstrom, and J.C. Penney just reported earnings, and the results show it’s still possible for some department stores to succeed.
As the Federal Reserve recently observed, the economy is continuing to expand. Granted, not all small and mid-caps will benefit from growth, but it you find some that have what it takes — expanding sales growth, growing earnings, strong momentum — they have all the makings of top-notch growth stocks. Granted, there are still big stocks with plenty of growth potential that missed my list — Amazon.com Inc (NASDAQ: AMZN) and NVIDIA Corp (NASDAQ: NVDA), for example.
Amazon confirmed an Echo smart-speaker device recorded a couple's private conversation in their home and sent it to someone in their contact list without their knowledge.
Amazon said the unit's relocation is not related to Seattle's head tax on large employers to fund homelessness services and affordable housing. The team set the routes for independent contractors who deliver groceries and Prime Now orders. Amazon has a similar center in Orlando, Florida.
The most important thing to keep in mind right now is that there isn't anything wrong with the overall market action. It is holding key levels very well and the relative strength in small caps is very impressive.
After a choppy year, the Dow Jones Industrial Average is just barely positive. The DJIA, as of Tuesday’s close, has risen 0.47% so far this year.
The bitcoin price peaked in December, 2017 after an amazing, almost straight-up run for months. You can see how the price can't quite make it back above the Ichimoku cloud -- that's the technical analysis indicator derived from a comparison of the 9-day highs and lows and the 26-day highs and lows. It's one way chart readers analyze moving average dynamics.
Consumer staples stocks have been one of the worst performing sectors among the S&P 500 industries for more than a year now, but that sell-off in the makers of everything from ketchup to sunblock may be overdone, at least according to Brad Sorensen, head of market and sector analysis for Charles Schwab's Schwab Center for Financial Research. In a recent blog post, the analyst at The Charles Schwab Corporation ( SCHW) said that, while stocks in the sector have been getting beaten up over competition and concerns that rising costs could hurt margins, fears may be unwarranted. After all, when it comes to the retail sector, the one competitor that everyone is worried about is Amazon.com, Inc. ( AMZN).
In the first quarter of 2017, Amazon owned almost 80% of the smart speaker market, while Google sipped up just 19.3%. "Google took the top spot, beating Amazon for the first time, shipping 3.2 million of its Google Home and Home Mini devices, against the 2.5 million Echo devices shipped by Amazon," says Canalys in a new report. Dipping market share is not unusual when a market matures.
While Amazon.com (AMZN) was being blistered by civil-rights groups for selling facial-recognition tools to law enforcement officials in Orlando, Fla., and Oregon, Intel (INTC) hosted a developers conference on artificial intelligence that underscored its growth. Amazon says it has made clear to clients they must "comply with the law and be responsible when they use AWS services," Amazon spokeswoman said Nina Lindsey said, referring to Amazon Web Services, the company’s cloud software division that houses the facial-recognition program.
Micron Technology, Inc. (NASDAQ:MU) stock has gotten out of its funk and in a big way. The price action on Micron stock looks more like that of a red-hot IPO, not a 40+ year old memory chip manufacturer. Then again, Micron stock has been subject to wide swings over the years.
In the three-month period ended March, Mountain View, California-based Google shipped 3.2 million Home and Home Mini devices, exceeding the 2.5 million Echos that the Seattle-based retail and cloud behemoth sent out over the same period. As demand for smart speakers booms, the market has become increasingly crowded by cash-laden tech giants such as Amazon, Alphabet and Apple Inc. ( AAPL), who have doubled down on buying up a growing number of smaller smart home gadget makers.
With Amazon now gobbling up more than 40 percent of all online spending in the U.S., that’s left traditional retailers scrambling for the rest. Walmart Inc., Target Corp. and Best Buy Co. have all made big investments in recent years in e-commerce -- sprucing up websites, offering more delivery options and making acquisitions like Walmart’s $16 billion deal for India’s Flipkart.
Spotify’s (SPOT) first-quarter report as a public company was underwhelming, and its guidance for the current quarter disappointed. Spotify could have a much harder time meeting its goals for the current quarter, given Google’s (GOOGL) recent move of a revamped streaming music service. Google is launching YouTube Music to take on Spotify, Apple, Amazon (AMZN), and Pandora (P) in the multibillion-dollar online music service market.
Kroger Co. (NYSE:KR) made its second move in a week into the home shopping future, buying Home Chef for an initial $200 million. It was the kind of news that should have moved Kroger stock one way or the other. The price could rise another $500 million with incentives built into the deal and follows Kroger’s deal last week with Ocado, a British company that builds automated home delivery warehouses.
Gene Munster, Loup Ventures managing partner, and Stephanie Mehta, Fast Company editor-in-chief, discuss the privacy concerns around personal digital assistants following the news that one family had Amazon's Alexa record and send a private conversatio...