|Bid||1,920.00 x 800|
|Ask||1,921.50 x 1100|
|Day's Range||1,915.44 - 1,935.44|
|52 Week Range||931.75 - 2,050.50|
|PE Ratio (TTM)||153.19|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,133.12|
U.S. stocks skidding lower today, with consumer discretionary and technology stocks among the biggest drags on the markets.
Citi today reiterating its buy rating and $2250 price target on the online behemoth, but offers some interesting advice to Jeff Bezos and the board - that it should split up the company.
Amazon launched an internal investigation into accusations that some employees were offering confidential company info in exchange for cash. Yahoo Finance's Seana Smith and Dan Howley discuss.
Another billionaire is buying a notable media property. Salesforce co-founder Marc Benioff is buying Time magazine for $190M. Yahoo Finance’s Alexis Christoforous, Rick Newman and Sibile Marcellus discuss why so many billionaires are becoming media barons.
Which Sectors Are Worried about Rising US–China Trade Tensions? The business groups are led by the National Retail Federation and an agricultural group known as Farmers for Free Trade. As Reuters reported, “After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 85 U.S. industry groups are launching a coalition on Wednesday to take the fight public.” These groups include Amazon (AMZN), Apple (AAPL), Walmart (WMT), and Alphabet (GOOG).
Palo Alto Networks’ (PANW) billings have continued to grow in the last five quarters, driven by strong overall bookings growth. As shown in the graph below, it has also maintained a strong bill-to-revenue ratio above 1.0x, which is a healthy sign for the company’s business. The ratio indicates that the company is winning a huge number of deals, which could drive its future revenue.
Banking may be the next big segment with promising potential for Amazon.com Inc. ( AMZN). A study conducted by the leading management and consultancy firm Bain & Co. indicates high level of interest and willingness among the bulk of Amazon Prime members to try a free online checking account if offered by the e-commerce biggie. Around two-thirds of Amazon's Prime members said that they would try a free online digital bank account from Amazon, while 43 percent of the non-Prime regular Amazon customers and 37 percent of non-Amazon customers also gave affirmative responses for banking services from the retailer.
EPS, which benefited from restrained spending and a whopping $10 billion worth of stock buybacks, beat a $0.68 consensus. With Catz indicating forex is currently a 2% headwind to revenue growth, the outlook suggests revenue will be flat to down 2% in dollars, which is below a consensus for 1.6% growth. Oracle did nonetheless maintain its forecast for CC-based fiscal 2019 (it ends in May 2019) revenue growth to be higher than fiscal 2018's 3% growth.
Jim Cantrell helped Elon Musk found SpaceX. Cantrell learned through various ventures and business leaders that money and intelligence are not required to be highly successful. Three other factors are key and they are found in the businesses built by top leaders such as Bill Gates, Mark Cuban and Jeff Bezos.
The US-China trade spat intensified after President Trump imposed additional 10% tariffs on $200 billion worth of goods from China. Some market participants believe that since China exports much more to the United States, the country is more likely to be negatively impacted in the trade war as compared to the US.
Amazon.com Inc. has agreed to lease a new warehouse in Sterling’s Mercure Business Park to become part of its web of distribution centers, multiple sources tell the Washington Business Journal. The 106,000-square-foot warehouse, slated for completion later this year, is located at 44301 Mercure Circle, less than a mile south of the Dulles Greenway interchange with Route 606. The warehouse property is owned by an affiliate of Denver-based Industrial Property Trust, which acquired the site in January for $4.47 million. A spokeswoman for IPT declined to confirm the building tenant, citing a confidentiality agreement. The leasing broker also declined to comment, citing a non-disclosure agreement.
Splunk (SPLK), a cloud software solutions company, fell 4.7% on September 17. The stock is currently trading at $119.49, which is 92% above its 52-week low of $62.39 and 8% below its 52-week high of $130. Splunk stock has risen 44% this year and declined 6.8% in September.
NEW YORK, NY / ACCESSWIRE / September 18, 2018 / U.S. equities retreated from records Monday as President Donald Trump plans to announce an additional $200 billion in tariffs on Chinese products. The Dow ...
As ship and car makers race to roll-out self-driving technology, security researchers warn that attacks using fake GPS signals could increase and become more dangerous. U.S. government agencies including the National Science Foundation and the Department of Homeland Security have elevated the issue over the past year, issuing grants and guidance to address what’s known as GPS spoofing. GPS, or the Global Positioning System, was developed by the U.S. government for military navigation, but is accessible to anyone with a GPS receiver.
Dallas-Fort Worth and other finalists for Amazon’s second headquarters should expect an announcement from the company after the midterm elections, a top global site selector said Monday.