|Bid||1,584.76 x 900|
|Ask||1,585.23 x 800|
|Day's Range||1,566.34 - 1,586.30|
|52 Week Range||927.00 - 1,638.10|
|PE Ratio (TTM)||257.93|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,820.20|
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In an effort to stop abuse of its return policy Amazon is cancelling the accounts of shopper's who are taking advantage. Yahoo Finance's Seana Smith, Rick Newman, Dion Rabouin and Dan Howley discuss.
The growing use of cloud computing services has put a positive spotlight on Amazon and Microsoft, both of which received price-target increases for their roles in boosting the technology.
Target Corp's first-quarter profit came in below analyst estimates as price cuts, higher wages and investments in its online business ate into margins, sending shares down 5 percent on Wednesday. The retailer remained confident it could hit its earlier full-year earnings outlook, however, with payoff from investments aimed at warding off competition from Amazon.com Inc and brick-and-mortar rivals expected to pick up later this year. Target said margins should improve as seasonal merchandise sales rebound after a delayed spring, pricing investments made last year deliver results, customers react positively to new private-label brands and it focuses on cost-cutting.
Target Corp's (TGT.N) first-quarter profit came in below analyst estimates as price cuts, higher wages and investments in its online business ate into margins, sending shares down 5 percent on Wednesday. The retailer remained confident it could hit its earlier full-year earnings outlook, however, with payoff from investments aimed at warding off competition from Amazon.com Inc (AMZN.O) and brick-and-mortar rivals expected to pick up later this year. Target said margins should improve as seasonal merchandise sales rebound after a delayed spring, pricing investments made last year deliver results, customers react positively to new private-label brands and it focuses on cost-cutting.
Here are some things going on today in the world of tech: Hewlett’s Cash Flow Scrutinized Shares of Hewlett Packard Enterprise (HPE) are down $1.76, or 10%, at $15.65, after the company yesterday afternoon modestly beat fiscal Q2 revenue and profit expectations, and forecast profit this quarter, and for the full year, in line with consensus. The focus of some today is not the revenue but the cash flow, which came in lighter than some would like. Raymond James’s Simon Leopold reiterates an Outperform rating on the shares, and raises his price target to $24 from $22, calling it a “solid beat,” but he also notes a couple of risks.
As noted previously, US-China trade war fears have subsided for the time being after the second round of talks held last week. Financial markets breathed a sigh of relief after the US-China trade war was put on hold. Broader market indexes like the S&P 500 (SPY) closed with gains on May 21 after constructive trade talks between the world’s two biggest economies. Notably, during the annual shareholder meeting, Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, also expressed optimism about US-China trade relations. ...
The Direxion Daily Retail Bull 3x Shares (RETL) is testament to steadily increasing optimism in the sector, says Sylvia Jablonski, managing director at Direxion Investments, and Inkoo Kang, assistant vice president of capital markets and institutional ETF strategy at Direxion: The fund has seen healthy inflows month-to-date, continuing a pattern of relatively good flows this year. Needham's Rick Patel reiterated a Hold rating on the shares, writing that he is encouraged by the "green shoots," in the quarter, including a return to positive North American same-store sales, and momentum in Asia.
Every interested investor wants to achieve the equivalent of buying Facebook Inc (NASDAQ:FB) when it fell below $20 per share or picking up Microsoft Corporation (NASDAQ:MSFT) at the time of its 1986 IPO. Investors will serve themselves well by avoiding these pieces of bad investment advice. No matter how much research one does or how adept investors become at analyzing financial statements and charts, the single biggest challenge every investor faces is emotion.
Electronics retailer Best Buy Co. Inc. ( BBY), a company pegged as one of Amazon.com Inc.'s ( AMZN) many victims in the brick-and-mortar space, has seen pressure lighten up on the announcement of a new deal with the online shopping behemoth. In mid-April, Best Buy announced a partnership with Bezos' "everything store" in which the company became the exclusive brick-and-mortar sales channel for a new line of TVs equipped with Amazon's Fire TV streaming video capabilities and the artificial intelligence (AI)-powered Alexa voice-assistant technology.
Best Buy (BBY) will report earnings tomorrow morning, which has us wondering whether it will beat expectations or disappoint. Jefferies' Daniel Binder isn't what you'd call a bull—he reiterated a Hold rating on Best Buy—but still thinks that it could deliver a strong first quarter.
It could be time to cash out on some Amazon.com Inc. and plow the winnings into several regional and community bank stocks. In one last step, the House of Representatives voted 258-159 on Tuesday, May 22, in support of a Senate-derived bill aimed at peeling back regulations for scores of community and regional banks.
With revenue of $177.87 billion, Amazon placed eighth on this year's list of America's largest companies, which was released on Monday . The online retailer bumped Fortune 500 veteran General Motors down to 10th place and Ford Motor out of the top tier altogether.
Fashionistas have earned a total of $1 billion selling clothes and accessories through online marketplace Poshmark, the startup's chief executive told Reuters on Tuesday, highlighting the opportunity still available for young ecommerce companies despite the ever-present threat of Amazon.com Inc. The earnings have been spread across 4 million sellers on the site since the Silicon Valley company's founding in 2011, said founder and CEO Manish Chandra, although much of the income is concentrated in a group of sellers making five, six and even seven figures. For the current year, Poshmark is projecting annual revenue of $150 million to $200 million, according to a spokeswoman.