1,610.10 -0.05 (-0.00%)
After hours: 5:02PM EDT
|Bid||1,609.75 x 900|
|Ask||1,610.15 x 1000|
|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|
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.
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.
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.
Foot Locker is the spot to find all the cool shoes, says footwear and apparel analyst Sam Poser. Poser says the company is turning around because of its ability to tell consumers what's cool. Foot Locker FL knows which shoes are cool, and this might be why the stock rallied on Friday, Susquehanna Financial Group SQCF footwear and apparel analyst Sam Poser told CNBC.
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.
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
If you have an Amazon Echo, your private conversation may not be so private after all. KIRO TV in Seattle reports a family in Portland was alerted by her husband's employee- who was 176 miles away, to 'unplug your Alexa devices right now', you're being hacked. Their Amazon Echo had secretly recorded what they thought was a private conversation between the two of them, and sent the audio file to the employee who was in their address book. They didn't believe it until they heard it for themselves. Amazon engineers confirmed the story and apologized to the couple but according to the wife, the engineer did not provide specifics about why it happened, or if it's a widespread issue. --