1,990.00 +4.37 (0.22%)
After hours: 7:40PM EDT
|Bid||1,988.25 x 1000|
|Ask||1,989.95 x 800|
|Day's Range||1,958.26 - 1,989.00|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.62|
|PE Ratio (TTM)||82.89|
|Earnings Date||Jul 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,243.50|
FAANG stocks are making a direct impact on real estate demand, says Hessam Nadji, CEO of Marcus & Millichap, buying up office space and warehouses.
Body care brand Art of Sport is workings its way from the ground-up to lead the charge in skin care for all athletes. Matthias Metternich, Art of Sport Co-founder & CEO, sits down with Yahoo Finance's Adam Shapiro, Julie Hyman,
Amazon's Accelerator program has a clause that allows it to buy out exclusive brands. That could catch the attention of regulators.
EBay on Monday announced the hiring of two new C-suite executives and two new vice presidents, poaching three of those leaders from Amazon and Yahoo.
JPMorgan analysts think Amazon’s revenue will grow during the remainder of 2019 after a string of quarters with record profits.
Toys ‘R’ Us is coming back in the U.S. with two stores, but one expert says the industry has already moved on.
GrubHub's competitive positioning appears to have eased with Amazon's exit from the food delivery business — but the competitive landscape is still "relentless," Cramer said during his daily "Mad Money" show Friday. On its end, GrubHub continues to spend "money like crazy" just to defend its market share, Cramer said.
Trump said the White House is going to take a close look at the contract after receiving complaints from "great companies."
In a bid to acquire a lucrative Pentagon contract, Amazon has hired a lobbyist closely aligned with President Trump. In response, their competitors are calling foul play. Miller Time? Amazon Web Services hired Jeff Miller to lobby for the company, which is trying to secure a contract to provide cloud computing services to a number of military agencies. The $10-billion defense contract known as the Joint Enterprise Defense Infrastructure is one of the hottest tickets in town, as Microsoft has also thrown its hat in the ring, while Oracle and IBM were ruled out earlier this year. Bundle Up Miller is one of more than 400 campaign bundlers raising funds for Trump’s reelection effort; having raised more than $1 million. Best of Enemies Perhaps Amazon thought it needs every advantage it could get, as there’s famously no love lost between Trump and Amazon CEO Jeff Bezos. Taking Stock IBM and Oracle filed complaints with the Government Accountability Office, saying that Amazon had an unfair advantage in the cloud computing field. Oracle has also alleged that Amazon secretly negotiated a job offer with then-Department of Defense official Deap Ubhi, who left the department in 2017 to take a job at Amazon. Oracle alleged that Ubhi was doing preliminary research for the JEDI program while Amazon was courting him with stock options. Employees Only While the contract would be a huge payday for Amazon, not everyone the tech world is pleased with the idea, as employees at Google successfully pressured the tech overlords to drop its pursuit, worrying about ethical implications. A similar push from Microsoft employees fell on deaf ears. Amazon employees also urged the company to rethink the contract, as did its shareholders. Amazon shareholders and employees, already unhappy with the company’s facial recognition technology will probably have something to say soon. -Michael Tedder Photo by REUTERS
The Seattle store will open in an apartment building that recently sold for $96 million. Amazon also plans to open two new stores in Chicago.
Looking for the best growth stocks to buy? Start by identifying the seven traits of winning stocks, then use IBD screens to find stocks showing them now.
In a new report from the FreightWaves Freight Intel Group – "Why Truck Failures Could Increase in 2019," – the authors have found that trucking company failures are usually the result of unexpected large spikes in diesel prices that then cannot be adequately passed on via fuel surcharges by small to midsize carriers. In the report the FreightWaves Freight Intel Group outlines three factors that may portend an increase in truck failures in the near future. First, spot rates are down meaningfully – 20 percent year-over-year and 30 percent off of their peak.
As Amazon (AMZN) stock looks unstoppable, many investors are wondering if the party can go on. In about a week, Wall Street will have some clarity as the e-commerce giant reports second-quarter earnings. Amazon has guided for Q2 revenue in the range of $59.5 - 63.5 billion (a rise of 12.5% to 20% compared to last year), with analysts expecting $62.5 billion, or 18.1% rise. On the EPS side, Amazon has reported $5.07 this quarter last year, while analysts are expecting $5.58 this year. Overall, growth will continue to be fueled by e-commerce and AWS, but also rising segments, including advertising and 3PL services. Ahead of the print, Monness analyst Brian White is reiterating a Buy rating on AMZN stock and $2,300 price target, which implies nearly 17% upside from current levels. As always, we like to give credit where credit is due. According to TipRanks, which measures analysts’ and bloggers’ success rate based on how their calls perform, White has a yearly average return of 27.4% and a 76% success rate. White has an average return of 11.6% when recommending Amazon and is ranked 11 out of 12,087 experts. (To view White's stocks list, click here)White believes “Amazon will meet [his] 2Q:19 revenue estimate of $62.56 billion (up 18% YoY) and slightly exceed...EPS projection of $5.63.” The analyst expects a 5% increase in revenue since Q1, which is “slightly above the four-year average increase of 4% for past June quarters.” The analyst also expects AWS to be show continued momentum. The analyst says AWS will “deliver the fastest segment growth rate with 2Q:19 sales rising 39% YoY to $8.50 billion,” as it continues to be the strongest profit source for the company. Meanwhile, White anticipates advertising to “remain a profitability swing factor,” and calls it "a positive surprise." One of the things investors love about Amazon is that it continues to reach different markets and add new value-add features to e-commerce. Recently, the company said it would make Prime even more appealing, by replacing two-day shipping with one-day. As a result of strong profit from AWS, logistics and advertising, Amazon is able to provide services without risking going into negative territory. Aside from that, Amazon continues to play a part of people's lives. For example, its Alexa line of devices are increasing in their capabilities, while its music streaming service is also growing. All in all, as the company gears up to announce earnings, most analysts on Wall Streets are out rooting for this retail titan to be a winning stock pick. TipRanks analysis of 36 analyst ratings shows a Strong Buy consensus, with 35 analysts recommending Buy and only one suggests Hold. The average price target among these analysts stands at $2,269, which represents about 15% upside from current levels. (See AMZN's price targets and analyst ratings on TipRanks)
What's in your wallet? If you've been carrying Visa (NYSE:V) stock in your portfolio, there's plenty of dollars to be sure. And in front of earnings this week, it's also time to keep what's yours and take profits in Visa stock. Let me explain.Source: Shutterstock To say Visa shareholders have had a nice run is an understatement. Since the financial crisis low ten years ago V stock is up a staggering 1,500%, give or take 100% or so. But trends like Visa's shouldn't be taken for granted.Bottom line, all trends like Visa stock's do come to an end. I'm not simply talking about the V stock chart either. Consistent profit and sales beats over the past few years have been the norm for Visa. But taken together, that's worrisome. And considering expectations polled through crowd sourcing outfit Estimize are even higher for Visa to deliver yet again, maybe even more so.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhether a corrective period or, worse yet, a bear market are the result of an actual earnings disappointment or a perceived quarterly slight from demanding expectations, the risk for holding through a report is increased in Visa right now. And from there, conditions could rightfully get a whole lot worse for Visa stock into the foreseeable future. Visa Stock Monthly ChartMost investors reminisce about owning the next big thing in technology. And no doubt gains in stocks like Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) or a name like Netflix (NASDAQ:NFLX) are notoriously impressive. * 7 'Strong Buy' Defensive Stocks For 2019 Still, as expressed above, Visa stock is no slouch either. More concerning, unlike the bull runs in AMZN, AAPL or NFLX, which have included tumultuous corrective periods to challenge even the most fervent bullish investors, V has barely been tested over the past decade. Click to EnlargeThe closest technical test for Visa bulls was last winter's ubiquitous market correction when shares corrected by 19.62% or 2015's drop of 21% in less than two months' time. And those incidents barely constitute a bear scare which official signals at 20% or more. Bottom line, as well as simply looking at the squiggly price line of Visa stock's monthly price chart, I'd strongly caution all trends do come to an end and sometimes quite abruptly. Visa Stock StrategyGiven the nearly uninterrupted technical run Visa stock has enjoyed and shares now facing some angular trendline channel resistance, as well as a questionable stochastics set-up, taking profits in front of Tuesday night's earnings report makes prudent sense.For those investors looking to pick up long exposure in V, I'd personally wait for a more meaningful correction. And in our estimation, that correction will be one which can simultaneously test the patience of bulls, as well as reintroduce key and nearly forgotten technical supports no stock is immune from.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Defense Stocks to Buy to Fortify Your Portfolio * 10 High-Flying, Overvalued Stocks in Danger of Crashing * 8 Stocks to Buy That Are Growing Faster Than Amazon The post Donat Wait for Earnings. Take Profits Now in Visa Stock appeared first on InvestorPlace.
The online behemoth continues to make the Windy City a priority as it rolls out the technologically-advanced retail concept.
Among the sectors seeing a spate of earnings reports this week is consumer discretionary, the S&P 500's fourth-largest sector weight and home to some of the best-performing large-cap stocks this year. ...