|Bid||2,435.00 x 1000|
|Ask||2,436.88 x 1200|
|Day's Range||2,430.13 - 2,469.85|
|52 Week Range||1,626.03 - 2,525.45|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||116.40|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,645.67|
Digital media companies have understood podcasts for years. Now tech giants are getting in late, but bringing big dollars to buy instant footholds.
While it's not the end-all indicator of a company's staying power, a company that has consistently raised its dividend for decades is likely one that possesses a durable competitive advantage that allows it to grow its revenue and profits over time. Here are two stocks that have delivered a good balance of capital appreciation and rising dividend payments for more than 25 years. Walmart (NYSE: WMT) currently pays a dividend yield of 1.72%.
The market’s least-volatile stocks look very different today than they did just three months ago, thanks to the disruptions caused by the Covid-19 pandemic.
The COVID-19 pandemic could be paving the way for Amazon to become a formidable force in the healthcare sector.
Back in late March, I outlined the reasons why I purchased shares of Walmart (NYSE: WMT) and Target (NYSE: TGT) as the economic lockdown to bring COVID-19 to heel got under way. Much has changed during the last two months, and migrating to e-commerce will continue to be a top priority for Walmart and Target as they play catch-up to Amazon (NASDAQ: AMZN). The first quarter (February to April 2020 for Walmart and Target) was a banner moment for both big box stores.
Markets have bounced back sharply from their March lows. Here's what to do if you missed the bottom.
It wound up taking just weeks for the coronavirus pandemic to shut down nonessential businesses across most states, as well as put more than 36 million people out of work. Knowing full-well the implications of shutting down large swaths of the economy to slow disease transmission, Congress passed and the president signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law on March 27. For example, the CARES Act provided $500 billion for distressed industry loans, close to $350 billion for small business loans, $100 billion for hospitals, and apportioned $260 billion to expand the unemployment benefits program through July.
Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's local unit and Walmart Inc's Flipkart in the huge Indian market. JioMart will deliver groceries in more than 200 towns across the country, Damodar Mall, chief executive of grocery retail at the Indian conglomerate, said on Twitter late on Saturday. Mumbai-headquartered Reliance has not announced JioMart's launch at a time it is selling $7 billion in new shares.
(Bloomberg) -- Reliance Industries Ltd. has started testing its online grocery shopping portal across India, still under a nationwide lockdown to control the spread of the coronavirus.JioMart is now delivering in more than 200 cities, Damodar Mall, the chief executive officer of Reliance Retail’s grocery business said in a tweet. JioMart last month started a pilot project serving users in three neighborhoods surrounding Mumbai.Read here: Ambani Tests WhatsApp-Backed Online Store in Locked-Down IndiaThe soft launch of JioMart takes Reliance Chairman Mukesh Ambani, also Asia’s richest man, one step closer to taking on Amazon.com Inc. and Walmart Inc.’s Flipkart in an e-commerce market that KPMG says is likely to grow to $200 billion by 2027.A Reliance spokesperson declined to comment on the JioMart launch.The JioMart shopping app is available via Facebook Inc.’s WhatsApp, which in India has about 400 million users. Facebook has said it expects the partnership with JioMart will help make WhatsApp the primary way small businesses connect with customers.New York-based KKR & Co. on Friday became the latest private equity firm to invest in Jio Platforms Ltd., the digital services holding company controlled by Reliance. KKR will pay 113.7 billion rupees ($1.5 billion) for a 2.3% stake in Jio Platforms.Ambani has been selling stakes in Jio Platforms as he tries to bring Reliance’s net debt of more than $20 billion down to zero before March 2021. Reliance wants to shift away from oil and petrochemicals toward faster-growing consumer businesses.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The rationale behind the deluge of dollars flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is beginning to become more clear as his e-commerce venture JioMart starts rolling out to more people across India. An e-commerce venture between the nation’s top telecom operator Jio Platforms and top retail chain Jio Retail, JioMart just launched its new website and started accepting orders in dozens of metro, tier 1 and tier 2 cities including Delhi, Chennai, Kolkata, Bangalore, Pune, Bokaro, Bathinda, Ahmedabad, Gurgaon, and Dehradun. A Reliance executive said JioMart is live and delivering across 200 cities and towns across India.
As coronavirus restrictions lift, one expert says 'simply opening the doors will not be enough.'
Amazon (NASDAQ: AMZN) has been forced to delay its Prime Day shopping holiday, typically held in mid-July, as it faces an unexpected surge in demand. With the coronavirus pandemic leading to more online shopping, Amazon has had to make several moves to limit the sale of items it doesn't deem essential. The ultimate marketing event for Amazon is Prime Day.
Facebook (NASDAQ: FB) Shops, the new online shopping platform just launched by the social media giant, has been a long time coming. Management had dropped a number of hints on the last earnings call about a new online shopping platform. As COVID-19 forced a number of businesses to close their brick-and-mortar doors, Facebook has set up tools for them to sell gift cards, allowed them to hold fundraisers, and set up a Business Resource Hub to help them with online sales and other needs.
A study says America’s billionaires gained $434 billion in wealth during the crisis. A more sensible way of looking at the numbers show they lost nearly that much.
Amazon has a big-budget game, another in the works, and a secretive cloud gaming service in the making. All of that could prove to be a problem for the industry's old guard.
It's the practice of buying fractional shares of stock to build high-quality, diversified portfolios with a lower upfront cost. A fractional share is a partial share of stock -- for example, one-half or one-third of a share. What is fairly new is the ability to buy fractional shares intentionally.
The Bill & Melinda Gates Foundation Trust bought Amazon, Apple, and Twitter stock in the first quarter. The purchases represent new investments, as the trust hadn’t owned any of the shares at the end of 2019.
In other words, this bear market is an opportunity to secure your financial freedom by putting your money to work in great businesses. Here are five top stocks that can help you in your quest for financial independence. One recipe for financial freedom is to load your portfolio with companies that offer game-changing potential.
Amazon (NASDAQ: AMZN) was built for shelter-in-place. The company had to shift some of its supply chain to meet changing consumer demands, but it did that relatively quickly -- and the online leader has been thriving.
When the S&P 500 remains between the two moving averages for at least 20 days, there’s a 72% chance that the next move is down.
The Tennessee Department of Treasury, which oversees the state’s pension, sold all its Apple and Amazon stock in the first quarter. It also slashed the investment in Disney and bought up embattled GE stock.
Warren Buffett likes 44 stocks plus two exchange-traded funds (ETFs) enough for them to be included in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio. Of these 45 stocks, including Berkshire, I like five enough to own them in my investment portfolio. My favorite Buffett stock right now is... Mastercard (NYSE: MA).
Reliance Industries Ltd <RELI.NS> has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com's <AMZN.O> local unit and Walmart Inc's <WMT.N> Flipkart in the huge Indian market. JioMart will deliver groceries in more than 200 towns across the country, Damodar Mall, chief executive of grocery retail at the Indian conglomerate, said on Twitter late on Saturday. Mumbai-headquartered Reliance has not announced JioMart's launch at a time it is selling $7 billion in new shares.
Uber finished the quarter with an adjusted EBITDA loss of $612 million, which is expected to be worse in the second quarter, given that shutdowns in most areas didn't begin until March. Last year, Uber had set a goal of reaching adjusted EBITDA profitability by the fourth quarter of 2020, but the company pushed that back to 2021 due to the pandemic. Despite the recent setbacks, CEO Dara Khosrowshahi and his team remain squarely focused on the bottom line.