1,529.00 -22.48 (-1.45%)
After hours: 5:52PM EST
|Bid||1,520.80 x 1100|
|Ask||1,522.75 x 800|
|Day's Range||1,523.01 - 1,567.55|
|52 Week Range||1,160.55 - 2,050.50|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||86.93|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,136.26|
It's been ages since Amazon was just a place to buy books. If you let it, Amazon will sell you groceries and entertain you. At this point, it seems perfectly feasible to live a life enveloped completely by Amazon.
It's not just your imagination — tech companies have come to dominate the Bay Area's economy by doubling in size during the past decade and adding nearly 200,000 jobs in the region.
Amazon’s “Rivet” line includes products that are “strikingly similar” to Williams-Sonoma’s West Elm brand, including a $300 orb chair the household goods maker introduced two years ago, according to Amazon’s complaint. "It is implausible Amazon could have conceived of a product line with nearly identical product designs which feature product names containing the very same non-descriptive terms WSI uses in connection with these products, other than by intentionally undertaking to copy WSI’s West Elm product line," the lawsuit states. Amazon, through a spokeswoman, declined to comment on the trademark- and patent-infringement complaint, which was filed Friday in San Francisco federal court.
FedEx missed fiscal Q2 earnings forecasts and cut its guidance, saying its international business weakened, prompting a series of cost cuts.
President Trump is an active Twitter user. President Trump has targeted several companies including General Motors (GM), Ford (F), Amazon (AMZN), and Apple (AAPL) in his tweets. In this part, we’ll discuss some of President Trump’s tweets that misfired in 2018.
A distant second is Microsoft, a distant third is IBM, and a ridiculously distant fourth is Amazon who's making all the noise," Ellison told analysts. Ellison was adamant that his company would retain the lead on database technology even against the Jeff Bezos-led serial disruptor.
Earlier this month, US President Donald Trump and Chinese President Xi Jinping met in Argentina and discussed resolving trade disputes between their countries, the world’s two largest economies. Trump and Jinping both agreed to negotiate terms to reach a trade agreement, and they also agreed not to impose any new tariffs for 90 days while they negotiate. After meeting Jinping, Trump said that China has agreed to “reduce and remove” tariffs on the US-made vehicles.
Previously, we saw that ARM-based (advanced RISC machine) server CPUs (central processing unit) have been making their way to cloud companies. ARM servers can’t replace Intel’s (INTC) CPUs when it comes to high-performance workloads, but the availability of substitutes for various workloads could reduce Intel’s sales opportunity. Companies such as Google have been looking for substitutes to put pressure on Intel to reduce its prices.
UPS and FedEx are hiking their rates in 2019, but it's the extra surcharges that will cause the biggest pain for many residential customers, according to logistics consultant John Haber.
Diego Piacentini, one of the most senior executives at Amazon who had previously led its international business, has left the company, adding to a string of executive departures over the past year.
Triangle Business Journal hosted a panel of local and state economic developers to analyze North Carolina's failed recruitment efforts for Amazon's HQ2 and Apple's corporate expansion.
Apple Music is now available on the Amazon Echo. You can ask Alexa to play artists, songs and albums from Apple Music. This opens up the ability for millions of Apple Music listeners to use the Echo.
David Vernon, Bernstein senior research analyst, joins CNBC's "Closing Bell" to debate whether Amazon Air is a viable competitor to FedEx ahead of the holiday shopping season.