1,886.84 +0.32 (0.02%)
Pre-Market: 7:06AM EDT
|Bid||1,883.73 x 800|
|Ask||1,887.00 x 900|
|Day's Range||1,883.55 - 1,905.00|
|52 Week Range||931.75 - 1,925.00|
|PE Ratio (TTM)||149.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tech giant Amazon reportedly looking to move further into brick and mortar with its push to buy Landmark Theaters.
Amazon is in the running to acquire movie theater chain, Landmark Theaters. Yahoo Finance's Seana Smith, Dion Rabouin, and Dan Roberts discuss alongside The King's College professor, Brian Brenberg.
Let's check out the Yahoo Finance charts of the day. Walmart (WMT ): Shares are up in early trade, at around 9%. Walmart shares surge as earnings top expectations boosted by 40% US e-commerce sales growth. The retailer said it had the strongest growth in more than a decade at those stores open for at least 12 months thanks to sales in grocery and apparel departments. Boeing (BA ): Shares up here at about 3.3%. Analysts at Swiss bank UBS began coverage of the jet maker with a "buy" rating, saying it sees a potential 50 percent upside for the stock based on a boost in cash flow and profit margins. Amazon (AMZN): Shares up here, at around .81%. According to Reuters, Amazon is considering putting together an insurance comparison site in the U.K., in what would be a big step into the region's financial services industry. Separately, Bloomberg News is reporting that Amazon is looking at buying Landmark Theatres, co-owned by Todd Wagner and Mark Cuban. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.
Aug.16 -- Walmart Inc. bounced back from a lackluster start to the year with the strongest sales gain in more than a decade fueled by its grocery business, brightening the outlook for the overall retail sector. Bloomberg's Emma Chandra reports on "Bloomberg Technology."
Is Amazon still the king of the jungle? The battle for the consumer, with Robert Sluymer, Funstrat Global Advisors, CNBC's Melissa Lee and the Fast Money traders, Brian Kelly, Karen Finerman, David Seaburg and Dan Nathan.
A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a key component of Wall Street's near-decade long rally may be low on fuel. Outstanding gains in Facebook (FB.O), Amazon (AMZN.O), Netflix (NFLX.O) and Alphabet (GOOGL.O) have underpinned much of the U.S. stock market's rally in recent years, along with the broader tech sector, but the group is widely viewed as overbought and valuations remain expensive. Backed up by strong earnings growth and investor confidence in Silicon Valley's innovation track record, the S&P 500 technology index (.SPLRCT) is up 16 percent in 2018, making tech Wall Street's top performer.
DoorDash Inc.’s aggressive expansion drive has seen its valuation nearly triple in less than six months. In a press release, the food delivery startup revealed that it raised $250 million in venture capital funding that valued it at $4 billion. This latest cash injection came just five months after DoorDash tapped the likes of SoftBank Group Corp., Sequoia Capital and Singapore’s GIC Pte Ltd. sovereign-wealth fund for $535 million in a Series D financing round that valued it at $1.4 billion.
Does the future of grocery shopping depend on driverless cars, meal kits or automated warehouses? , one of America’s largest grocers, is betting on all of the above. This month Kroger launched a delivery service in four cities, with plans to expand across the US.
It was a budget-airline-in-the-age-of-austerity-type wedding. If Rebecca, my bride-to-be, and I could somehow have removed ourselves from proceedings as part of the relentless de-escalation of costs, we would have done that too. The full itinerary and cast list was: bus to Marylebone Register Office, two friends as witnesses, lunch, bus back to Rebecca’s flat.
Forget that multi-million-dollar condo on Vancouver’s waterfront. The Canadian city is the world’s hottest industrial real estate market with lease rates up 29 percent in the first quarter year-on-year versus a global average of 3 percent. “Industrial previously was almost like a forgotten asset class,” Jason Kiselbach, vice president and sales manager at CBRE Vancouver, said by phone.
The carnage on the British high street from the likes of House of Fraser and Homebase naturally leads to calls for blood from internet retailing behemoth Amazon.com Inc. Enter Chancellor of the Exchequer Philip Hammond, who last week said he was strongly considering an “Amazon tax” to help retailers. Amazon didn’t kill the British high street. The U.K. store chains that have collapsed this year did so because they didn’t have the right products at the right prices, invest enough in their businesses, or stay up to date with consumer trends.
According to a new documentary, Larger Than Life, that title belongs to Kevyn Aucoin. Beginning his working life on fashion magazine editorials, Aucoin paved the way for those who were a dab hand with a compact to earn big money. “When we went into [beauty store] Make Up For Ever, it was like Brad Pitt walked in,” says Cher, who appears in the documentary alongside many of Aucoin’s clients and admirers.
Investing.com - Nordstrom (NYSE:JWN) reported second quarter earnings that beat analyst's expectations on Thursday and reported revenue that topped forecasts.
How can we not given how much Walmart impacted not just the market but the entire psyche and zeitgeist of the market. Or to put it another way, Walmart, with the best growth in 10 years, Walmart where one hundred people are shopping -- and shopping more than ever before -- has made us so optimistic that there's nothing that can be done but buy, buy, buy. If Walmart's blowout earnings were the only thing we got today, it wouldn't matter all that much.
About 400 employees are expected to be added to the FedEx Express Mid-Atlantic Hub at the Piedmont Triad International Airport over the next several months.
Jim Cramer thinks it might be time to rethink FANG. Given Thursday's market moves, Cramer thinks WANG – Walmart, Apple, Netflix and Google – might be the new group to watch.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer reacts to Thursday's stock market rebound from the floor of the New York Stock Exchange and analyzes financial results from retail ...
Walmart's brick-and-mortar stores could give it an advantage over Amazon at a time when combined online and in-person retail prevails, former Walmart U.S. CEO Bill Simon told CNBC on Thursday. Walmart's brick-and-mortar stores could give it an edge over Amazon AMZN at a time when combined online and in-person retail prevails, former Walmart U.S. CEO Bill Simon told CNBC on Thursday.