|Bid||1,610.27 x 900|
|Ask||1,610.77 x 1100|
|Day's Range||1,600.45 - 1,614.06|
|52 Week Range||927.00 - 1,638.10|
|PE Ratio (TTM)||262.13|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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. --
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...
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.
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.