|Bid||1,608.50 x 900|
|Ask||1,609.85 x 800|
|Day's Range||1,604.55 - 1,628.91|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||79.84|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,075.74|
Perhaps hoping to distract from Greenpeace's latest report on its "dirtycloud," Amazon this morning announced a new environmental commitment, focusedon reducing its carbon footprint
While gaming laptop player Razer shutters its game store, we're getting primed for Samsung's big phone launch this Wednesday, where the company could reveal maybe four (!) different phones in one fell swoop. Razer is closing its Game Store on February 28th at 4AM Eastern as part of "realignment plans." It'll still honor pre-orders and notes that games will still work as long as you have their Steam or Uplay keys, but you won't have access to those keys once February is over. This was a rare digital distribution foray for Razer, and it delivered both exclusive game deals as well as discounts on peripherals.
The arrival of the tech company’s new headquarters was set to shake up the borough’s real estate market, driving up rents and spurring displacement. Now what?
In a recent interview with CNBC's Becky Quick, Berkshire Hathaway (BRK-A)(BRK-B) Vice-Chairman Charlie Munger (Trades, Portfolio) laid out some of his views on the current investment landscape, as well as where he sees the future of value investment heading. At 95 years of age, Munger has literally seen it all, so his public appearances are always a great opportunity to derive some good insights. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out.
The fourth-quarter results posted yesterday by XPO Logistics, Inc. (NYSE: XPO) reveal as much about Amazon.com, Inc.'s logistics intentions as they do about XPO's outlook. XPO's "largest customer," which the company won't identify but which everyone believes to be Amazon.com, Inc. (NASDAQ: AMZN), is taking in-house most, if not all, of its $600 million of annual spend with XPO. As a result, XPO reported that its key earnings metric – EBITDA – fell short in the fourth quarter, and that quarterly operating income in its transportation and logistics divisions declined year-over-year.
Inc.’s decision to abandon its $2.5 billion plan for a New York City headquarters could disrupt redevelopment and dash hopes for a surge in hiring in the neighborhood of Long Island City. One entity unlikely to suffer much: Amazon itself. It is moving forward with plans to add as many employees to its other so-called HQ2 selection, the Crystal City neighborhood of Arlington, Va., just across the Potomac River from Washington.
The stock is 7.2% below its Nov. 12 high of $106.21. This dual-volatility since the beginning of 2018 was primarily caused by the retailer's challenge to compete with Amazon.com Inc. As a consumer, 95% of my shopping is on Amazon Prime.
Apple's stock had risen 436% in the five years preceding that dinner. After everyone gave an answer, the seasoned chip executive confidently predicted Apple's stock would actually be lower in five years' time, not higher. The executive was wrong, however: Apple shares went on to double in the ensuing five years.
Amazon.com, Inc.'s (NASDAQ: AMZN) hardly-excellent New York adventure is over. Or should we applaud NYC for not succumbing to what the Daily Beast called "extortion without the dick pics?" The best way to understand the outcome is not through the post-mortems, but through the stories published in November when Amazon was making its decision. At the time, The Atlantic's Derek Thompson went out with an insightful piece entitled Amazon's "HQ2 Spectacle Should Be Illegal." Every year, American cities and states cough up $90 billion in tax breaks and cash grants to urge companies to move among states, Thompson wrote, citing data from think-tank Brookings.
An HQ2 fiasco, a multibillion-dollar divorce -- is Amazon's armor starting to show some cracks? Politicians and activists who opposed the facility cheered Amazon's sudden exit as others bemoaned the loss of up to 25,000 jobs and associated tax revenues. "I think they got lucky, in that New York City looks so bad," said Allen Adamson, co-founder of Metaforce and a professor at NYU's Stern School of Business.