1,606.81 -1.14 (-0.07%)
After hours: 6:14PM EST
|Bid||1,606.81 x 900|
|Ask||1,607.00 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||2,119.07|
The outcome is a victory for labor unions, which represent a greater proportion of workers in New York than any other state in the country.
A new crackdown against cashless stores could pose some challenges to Amazon and others who have gone cashless. Yahoo Finance's Dan Roberts, Krystal Hu, Kristin Myers, and Akiko Fujita break down the details.
Yahoo Finance's Adam Shapiro, Julie Hyman, and Dan Howley join Tech:NYC Policy Director Zach Hecht to discuss Amazon's decision to pull out of their original NYC HQ2 plan.
Funko acquires board game company to help drive the stock. Yahoo Finance’s Alexis Christoforous and Brian Sozzi sit down with Funko CEO Brian Mariotti.
A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities. A spokesman for Ocasio-Cortez did not respond to a request for comment.
When it comes to luring business to New York, the city may take a hit after Amazon announced its exit, says Kathryn Wylde, CEO of Partnership for New York City. "New York's image as a place to do business is a bit tarnished," she says. When it comes to luring business to New York, the city may take a hit after Amazon AMZN announced it was ditching its plans to build half of its East Coast headquarters there, the head of a local business group told CNBC on Friday.
Amazon is one of the world's most valuable companies, valued at nearly $800 million, and the e-commerce giant pulled in $232.9 billion in global revenue in 2018. In fact, Amazon is actually getting a federal tax refund of $129 million this year, due in part to a combination of tax credits and deductions. This is despite the fact that Amazon nearly doubled its taxable income in 2018 to $11.2 billion, from $5.6 billion a year earlier.
In the suit filed Friday, Uber argues the city doesn’t have the evidence to prove that claim. The company also alleges that Mayor Bill de Blasio is treating the business unfairly. According to a copy of the complaint provided by Uber, the company said the mayor doesn’t intend to review ongoing congestion studies on their merits and instead has already committed to perpetually cap the number of drivers in the city.
Jay Carney, the company's top policy executive, told New York Governor Andrew Cuomo that the world's biggest online retailer would not go ahead with plans to invest $2.5 billion (£1.9 billion) to build a second head office in the New York City borough of Queens. Carney, a former press secretary for President Barack Obama, told New York City Mayor Bill de Blasio the same shortly after.
TOP TEN MarketWatch rounds up 10 of its most interesting topics over the past week. 1. A warning from George Soros Soros says it’s not too late to save the European Union. 2. Another example of crazy airline rules Imagine you discover it’s cheaper to book a flight to a more distant city that has a layover in a city you really want to go to.
DETROIT/SAN FRANCISCO (Reuters) - Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer. Amazon is hoping Rivian will assist it in its development of delivery vehicles that will bolster its logistics network, according to a person familiar with the matter who asked not to be identified discussing the confidential strategy.
Google-parent Alphabet continues to keep YouTube financials a guessing game. Google may well be the least transparent of the FANG stocks, which also include Amazon, Facebook and Netflix.
Inc.’s plan to build a second headquarters in New York City has the potential to damp some states’ willingness to offer tax breaks. Spurred by Amazon’s second-headquarters selection process, politicians and groups long opposed to incentive packages have launched legislative efforts to prohibit them in some states. In New York, bills proposed in the State Assembly and Senate call for compacts with other states promising to not provide any company-specific subsidies.
XPO Logistics warned that its "largest customer" — widely seen as Amazon — is downsizing its business. XPO Logistics stock tumbled; UPS, FedEx fell.