AMZN - Amazon.com, Inc.
1,887.88 +0.57 (0.03%)
After hours: 4:09PM EDT
| Previous Close | 1,861.69 |
| Open | 1,855.40 |
| Bid | 1,887.73 x 1200 |
| Ask | 1,888.09 x 800 |
| Day's Range | 1,845.64 - 1,888.42 |
| 52 Week Range | 1,307.00 - 2,050.50 |
| Volume | 3,290,191 |
| Avg. Volume | 4,453,988 |
| Market Cap | 928.657B |
| Beta (3Y Monthly) | 1.71 |
| PE Ratio (TTM) | 93.71 |
| EPS (TTM) | 20.14 |
| Earnings Date | Apr 25, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2,080.44 |
- Yahoo Finance Video•4 hours ago
Blink Health CEO weighs in on drug pricing
A new study from the Organization for Economic Co-operation and Development found that Americans spend an average of 1,200 dollars on prescription drugs per a year. Blink Health CEO talks to Yahoo Finance's YFi AM his plans to lower prescription pricing for patients at more than 35,000 pharmacies across the United States.
Reuters•54 minutes agoOil jumps on U.S. plans to tighten Iran sanctions; dollar eases
Crude oil jumped almost 3% on Monday after the United States said it will take more steps to choke off Iranian oil exports, while U.S. equities were little changed as Wall Street braced for corporate results in a busy earnings week. The United States said it will eliminate all waivers that allowed eight countries to buy Iranian oil without facing U.S. sanctions, demanding that the purchases of Iranian oil stop by May 1. The announcement sent oil prices to 2019 highs.Brent crude, the global benchmark, rose as much as 3.5% a barrel and settled at $74.04 a barrel, up $2.07.
- Motley Fool•1 hour ago
Bad News for Spotify? Amazon Launches Free Music Streaming Service
The ad-supported service for Alexa devices creates yet another competitive front for Spotify to fight on.
- MarketWatch•1 hour ago
U.S. stocks struggle for traction ahead of big-name earnings
U.S. stocks struggle to maintain a foothold in positive territory as investors face a big week for corporate quarterly results and economic data.
- TheStreet.com•2 hours ago
Spotify Challenged by Free Music Streaming Services from Amazon, Alphabet
Spotify's stock is feeling the heat. Late last week, Amazon announced a free, ad-supported version of Amazon Music available through Amazon's Alexa voice assistant. Amazon also sells an $8 per month unlimited subscription that expands the available catalog to 50 million songs.
- Kiplinger•2 hours ago
Aldi vs. Whole Foods, Round 2 (After Amazon Cut Produce Prices)
Whole Foods announced another round of price cuts on April 1, this time claiming to lower everyday prices on hundreds of produce items by an average of 20%. Since we just compared prices on 50 grocery staples at Aldi and Whole Foods in October - Aldi proved to be a third cheaper than Whole Foods in those price checks - we decided to make fresh comparisons on select items at both supermarkets to see if the Amazon-owned chain would fare better this time around.Before you have a look at our latest price comparisons from Northern Virginia store locations, it's important to understand that Amazon is reserving its biggest Whole Foods bargains for its $119-a-year Prime members. A big reason why: 7 out of 10 Prime members reportedly rarely or never shop at Whole Foods.So while the latest produce price reductions are, indeed, available to all Whole Foods shoppers, even bigger discounts are being offered to Prime members in the form of exclusive deals and an extra 10% off sale items. If you're already a Prime member but not a Whole Foods shopper, you might be missing out on one of the surprising benefits of Amazon Prime; if you're not Prime, many of Aldi's prices remain tough to beat. Judge for yourself. SEE ALSO: 31 Kirkland Products Retirees Should Buy at Costco
- Motley Fool•2 hours ago
Your Smart Speaker Now Comes With Free Music
Both Amazon and Google launched ad-supported music streaming for smart speaker owners.
- MarketWatch•7 minutes ago
Amazon earnings: Revenue comes into focus in 2019
Amazon.com Inc. is scheduled to report its first-quarter earnings on Thursday after the closing bell, and J.P. Morgan thinks 2019 will be all about revenue growth. “We look for Amazon to stabilize revenue growth more this year, which we believe is important as Amazon remains a growth story and it’s too early for the company to be in harvest mode,” analysts wrote. J.P. Morgan is bullish on Amazon’s (AMZN) prospects, with U.S. e-commerce sales growing and Amazon’s hold on the cloud, with a 70%-plus share of market.
- TheStreet.com•2 hours ago
Apple's AWS Spending Highlights the Strengths of Cloud Giants -- Tech Check
Google Cloud Platform (GCP), and at least for a while was using Microsoft's Azure platform. Apple is willing to use cloud infrastructures owned by rivals in spite of the fact that it spends massive sums on its own data center infrastructure.
Motley Fool•2 hours agoApple Is a Major AWS Customer
The Mac maker is on track to spend $360 million on Amazon's cloud platform this year.
- Motley Fool•3 hours ago
1 Big Reason Why Both Netflix and Disney+ Can Win
Like Lay's potato chips, when it comes to streaming services, it seems that a lot of people can't have just one.
- Motley Fool•3 hours ago
Facebook Takes Another Stab at the Virtual Assistant Market
But it sounds more like an internal operating system for its hardware products than a potential rival for Alexa or Siri.
Market Realist•4 hours agoInvestors’ Biggest Concern Could Ease amid Resilient Earnings
Key Macro Updates: Growth, Central Banks, and Earnings(Continued from Prior Part)Resilient earningsLast year, several observers raised concerns that corporate earnings growth could disappoint in 2019. However, so far, the first-quarter earnings
- Barrons.com•4 hours ago
Lots of ‘Internet Earnings’ Are Coming, and One Analyst Likes Amazon and Facebook Stocks
JPMorgan Chase analyst Doug Anmuth did a deep dive on five internet companies set to report earnings this week, and concluded that Amazon, Facebook and Twitter are his favorites.
- Motley Fool•4 hours ago
A Foolish Take: A New Shopping Website Is Gaining Ground With US Teens
Fashion Nova's meteoric rise is a testament to Instagram's retail power.
- Benzinga•5 hours ago
Today's Pickup: Does Uber Freight Have Clothes?; Pitching Tents In Delivery Land
Writing in Forbes, Banker said Uber vastly overstates the addressable market for Uber Freight, positions the unit as offering a unique digital-brokerage model when others are already doing it, and its "freight gross bookings," or freight under management, is dwarfed by at least four rivals.
- MarketWatch•5 hours ago
Tech giants made so much money in 2018 that 2019 is bound to look pretty bad
Tech companies are about to hit competition they can’t shake: Their slightly younger selves. Get ready for the phrase “tough compare” to be muttered by dozens of executives and analysts as earnings season hits high gear this week, because growth was so strong in 2018 that 2019 is bound to look bad by comparison. The first quarter for tech is often slower after the holiday rush, but not last year, when semiconductor companies flourished selling suddenly scarce memory and crypto-mining chips and profit was easy to find even in the famously profit-averse internet sector amid the tax-cut windfall.
- Zacks•5 hours ago
What's in the Cards for FAANG ETFs This Earnings Season?
Given the expected strong earnings, investors may want to invest in FAANG stocks with the help of ETFs.
- InvestorPlace•5 hours ago
Microsoft Stock Is Still One of the Best to Buy and Hold Forever
Microsoft (NASDAQ:MSFT), a tech colossus and one of the hottest stocks on Wall Street, is up 22% in 2019. Microsoft stock, which has recently seen a 52-week high at $123.52, is expected to release earnings on Apr. 24, after the close.Source: Shutterstock I believe that the strong performance of MSFT stock has been based on robust fundamentals, which I expect to continue in the rest of the year. With earnings season in full swing, let us look at the catalysts that are likely to provide tailwinds to the MSFT stock price. What to Watch for From Microsoft's EarningsAs one of the world's leading technology companies, Microsoft offers a wide range of software products, services and devices, as well as online advertising to a global audience.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn its upcoming earnings report, Microsoft shareholders will pay special attention to three segments: * Productivity and business processes (includes its Office and Dynamics product lines, and LinkedIn platform) * Intelligent cloud (encompasses the company's server products, cloud services and enterprise services offerings) * Personal computing (includes Windows licensing revenue, Xbox-related gaming revenue and revenue from its Surface family of products and PC accessories)Overall, each segment is an important contributor to the company's bottom line and mostly eye-popping figures. When Microsoft reported its Q2 results on Jan. 30, it posted gains in revenue and earnings, buoyed especially by strong growth in its cloud-based services. The tech giant delivered $32.5 billion in quarterly revenue.This week, investors will want to see if there is any growth fatigue at the high-profile tech company. The tech giant is expected to report $1-per-share on revenue of $29.84 billion; the reported earnings-per-share for the same quarter in 2018 was 95 cents.Microsoft stock is momentum-driven, hence it usually experiences big price swings after reporting earnings. In other words, it can easily gap up if the numbers are better than expected, or if the numbers disappoint, the stock can easily gap down, too. * 10 Best Stocks to Buy and Hold Forever Microsoft Stock Has Excellent Long-Term Growth MetricsThe recent rise in Microsoft stock price shows that Wall Street believes in the company's growth narrative. MSFT now trades at about 29 times analysts' consensus 2019 earnings estimate. Let us look at how each of the above segments may continue to add to Microsoft's future growth as well as the stock price.Segment-wise, the earning report of Jan. 2018 showed that Microsoft's productivity and business processes revenue increased 13% to $10.1 billion. Investors also cheered the growth in LinkedIn's advertising and premium memberships numbers. Microsoft had acquired the social networking platform in 2016 for $26.2 billion. LinkedIn, whose revenue increased 33%, now has over 600 million total users and over 260 million monthly active users (MAUs). In other words, the deal is paying off well for Microsoft.In its January earnings report, the company's intelligent cloud segment got the majority of attention and for good reason. Revenue rose 20% to $9.4 billion. Azure, Microsoft's cloud computing and artificial intelligence (AI) data analytics platform, is now the world's second fastest growing cloud platform behind Amazon's (NASDAQ:AMZN) AWS platform.Azure's 76% growth on a year-over-year basis indicates that Microsoft is gaining market share in one of the most important growth industries of the coming decade. Azure continues to incorporate applications that businesses that store data on Microsoft cloud also find valuable, including those driven by AI data analytics. In other words, Microsoft customers can use these AI algorithms to analyze data better so that their own bottom lines improve. Furthermore, the gross margin of the commercial cloud business has been increasing steadily over the past quarters -- a trend investors hope will continue.Microsoft's personal computing segment showed some weakness in the latest earnings numbers. Microsoft Chief Financial Officer Amy Hood said that the revenue from copies of Windows software sold pre-installed on PCs fell 5%, as a result of a shortage of microprocessors. However, going forward, Wall Street is estimating relative stability in this segment. On a brighter note, gaming was a strong area in the sector and it is likely to remain so.Over the next five years, analysts on average expect Microsoft to grow earnings at an annual rate of 12.35% -- another reason why most Wall Street analysts are very positive on MSFT stock. In general, the company has been consistent in beating analysts' EPS and revenue estimates.Creating growth opportunities in the highly competitive tech space requires proactive management. And that's where one of Microsoft's strengths may lie. Under its CEO Satya Nadella, Microsoft has managed to move to a business model that centers around subscription-based products and services with regularly recurring revenue.And shareholders in this elite business, who also enjoy a 1.5% dividend yield, have been particularly rewarded. As a primarily subscription-based business, Microsoft now has a stable cash flow, another positive factor to consider for dividend investors. Short-Term Technical Analysis Over the past year, Microsoft stock is up almost 28%. Due to the recent impressive run-up in the stock price, short-term technical indicators have become somewhat over-extended. Investors who pay attention to short-term oscillators should note that Microsoft's technical message has also become "overbought."So, following its earnings report, there might be some profit taking in Microsoft stock. It's likely that a lot of good news has already been priced into the stock price. Microsoft stock's beta is 1.21, which means its volatility on average is 20% higher than that of the broader market. Therefore, if the industry or the overall market declines as other companies release earnings, the MSFT stock price may also be adversely affected. * 7 Strong Buy Stocks the Street Loves Several of Microsoft's competitors include Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon, Oracle (NYSE:ORCL) and Salesforce.com (NYSE:CRM). Therefore, as the market reacts to news and earnings numbers from any of these companies, MSFT's share price is likely to become choppy, too.If you already own Microsoft stock, you might want to hold your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3-5% below the current price point, to protect your profits to-date.If you are an experienced investor in the options market, you may also consider using a covered call strategy with an approximately two-month time horizon. In that case, you may, for example, buy 100 shares of MSFT at a limit price of $123.37 (closing price on Apr. 19) and, at the same time, sell a MSFT June 21 $125 call option, which currently trades at $3.20.The $125 option is slightly out-of-the-money, offering some downside protection in case of volatility and a decline in MSFT stock. This call option would stop trading on June 21, 2019, and expire on June 22.I would not advocate bottom-picking in case of near-term price weakness. Yet, I find MSFT stock to be a compelling buy candidate and by the end of 2020, I'd expect the shares to reach $140. In other words, it's still a good time to be bullish on Microsoft. The Bottom Line on MSFT StockAs Microsoft gets ready to release its quarterly results this week, investors who are seeking capital appreciation should keep in mind the company's dominant position in the cloud sector. Earnings are likely to catalyze Microsoft stock in the coming months, but just as crucial is the visionary stature of management vis a vis its technology peers. I believe that MSFT is on solid track to reach a $1 trillion valuation in the coming months.As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Microsoft Stock Is Still One of the Best to Buy and Hold Forever appeared first on InvestorPlace.
- Zacks•5 hours ago
Amazon, Microsoft, Caterpillar, Twitter and Tesla are part of Zacks Earnings Preview
Amazon, Microsoft, Caterpillar, Twitter and Tesla are part of Zacks Earnings Preview
- Zacks•5 hours ago
Can J. C. Penney's (JCP) Turnaround Efforts End its Woes?
Soft margins, dismal comps and a high level of debt act as headwinds for J. C. Penney (JCP). However, the company is making efforts to get back on track.
- Zacks•6 hours ago
What's in the Offing for PayPal's (PYPL) Earnings in Q1?
PayPal's (PYPL) first-quarter 2019 results are likely to be driven by robust Venmo and One Touch. Further, the Braintree buyout is expected to contribute.
- Benzinga•6 hours ago
Meetings Are Expensive, But Artificial Intelligence Might Offer Cheaper Solutions
Irrespective of whether you conduct your meetings the old-fashioned way in person or electronically over digital media, you’ll observe that the art of scheduling meetings is a common problem for knowledge workers and often causes a drain on productivity. This piece provides insight into how Artificial Intelligence is coming to the rescue to help make meetings less of a hassle. Counterparties in a meeting will first go through a back and forth via email or chat to agree on meeting times before using their scheduling tool to set up the meeting.
