AMZN - Amazon.com, Inc.
| Previous Close | 1,870.30 |
| Open | 1,864.00 |
| Bid | 1,869.50 x 1000 |
| Ask | 1,870.37 x 1200 |
| Day's Range | 1,859.41 - 1,876.00 |
| 52 Week Range | 1,307.00 - 2,050.50 |
| Volume | 2,705,339 |
| Avg. Volume | 4,374,720 |
| Market Cap | 920.498B |
| Beta (3Y Monthly) | 1.73 |
| PE Ratio (TTM) | 78.05 |
| EPS (TTM) | 23.95 |
| Earnings Date | Jul 24, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2,246.75 |
- Engadget•11 hours ago
Amazon closes down its shopping-focused Instagram rival Spark
Amazon Spark, the e-commerce giant's social network, has seemingly shut downafter only a couple of years
- Engadget•14 hours ago
Amazon Game Studios reportedly lays off dozens in shake-up
Amazon Game Studios has quietly laid off dozens of employees on the last dayof E3, one of the biggest video game conferences in the world, according toKotaku
- Motley Fool•11 hours ago
Uber 1, Amazon.com 0
Amazon Restaurants' decision to bow out of its niche opens the door for Uber Eats, Grubhub, and others to cash in on the opportunity.
- Benzinga•15 hours ago
Barron's Picks And Pans: Fake Meat Battle, Grubhub, Slack, Apple And More
This weekend's Barron's is the CEO issue. The magazine takes a look at 30 leaders considered the best. Other featured articles examine competition in two food markets – alternative meat and home food delivery, ...
- Motley Fool•16 hours ago
Facebook Still Isn't Giving Up on the Smart Speaker Market
But Amazon and Google probably aren’t too worried.
- MarketWatch•17 hours ago
Silicon Valley congressman: ‘It is embarrassing how technologically illiterate most members of Congress are’
As federal regulators sharpen their focus on big tech, expect to see and hear more from Rep. Ro Khanna, a Silicon Valley congressman who is shaping legislation with a Republican counterpart that is tantamount to an internet Bill of Rights.
- MarketWatch•17 hours ago
Four reasons why antitrust actions will likely fail to break up Big Tech
If federal regulators are serious about prosecuting Big Tech icons for antitrust practices, they’ll probably have to redefine what constitutes a monopoly in the industry.
- MarketWatch•17 hours ago
History shows that Big Tech antitrust suits would be a sell signal, Goldman economists warn
Investors might want to think twice before dismissing potential antitrust probes of Big Tech as a temporary concern.
- MarketWatch•17 hours ago
Big Tech was built by the same type of antitrust actions that could now tear it down
The fear in Silicon Valley is that antitrust investigations of big tech will blunt momentum of an industry that powers the U.S. economy. But history tells us another story.
- Markit•20 hours ago
See what the IHS Markit Score report has to say about Amazon.com Inc.
Amazon.com Inc NASDAQ/NGS:AMZNView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for AMZN with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AMZN. Money flowETF/Index ownership | NegativeETF activity is negative but appears to be improving. Over the last one-month, outflows of investor capital in ETFs holding AMZN totaled $1.11 billion. However, outflows appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- MarketWatch•20 hours ago
Use this $9 item each day to improve your memory
MarketWatch has highlighted these products and services because we think readers will find them useful. Doing puzzles can improve your memory, according to research on over 19,000 people over 50 published this year in the International Journal of Geriatric Psychiatry.”We’ve found that the more regularly people engage with puzzles such as crosswords and Sudoku, the sharper their performance is across a range of tasks assessing memory, attention and reasoning,” wrote lead researcher Anne Corbett of the University of Exeter Medical School. Other things that research shows can help you prevent memory decline: learning a new language and brain training exercises.
- Barrons.com•yesterday
Blackstone’s Stephen Schwarzman and Other Visionary Founders on Our List of the World’s Best CEOs
With patience and skill, Blackstone Group CEO Stephen Schwarzman helped build an alternative-investment powerhouse that soon will be available to a much larger universe of investors.
- Barrons.com•yesterday
Food Fight! Walmart, Costco, Amazon, and Kroger Are Duking It Out in the Aisles.
Citigroup analyst Gregory Badishkanian isn’t ready to declare a victory in the grocery war, but he does have Buy ratings on Kroger, Walmart, and Amazon, and is Neutral on Costco.
- Barrons.com•yesterday
Amazon’s 1-Day Delivery Puts Rivals in a Box on Fraud
The online retail giant’s shipping speedup puts enormous pressure on other retailers to send packages out faster. It’s also forcing retailers to get better at fraud detection.
- Zacks•2 days ago
Buy Kroger (KR) Stock Before Q1 Earnings as Amazon-Inspired Grocery Delivery Expands?
Overall, the first quarter has been relatively strong for retailers, so let's look at what investors should expect from Kroger to see if they should consider buying KR stock heading into its Q1 earnings release.
- Zacks•2 days ago
Amazon-Morrison to Expand Prime Delivery Services in U.K.
Amazon (AMZN) strengthens ties with Morrison Supermarkets to bolster its presence in the U.K. grocery market.
- Zacks•2 days ago
Facebook Watch Gaining Steam, New Features to Aid User Growth
Facebook (FB) Watch has now more than 720-million monthly and 140-million daily users, who spend at least one minute on Watch.
- Market Realist•2 days ago
What Does Ditching Restaurant Delivery Business Mean for Amazon?
Amazon (AMZN) will end its restaurant delivery service known as Amazon Restaurants on June 24, marking the end of a troubled four-year run for the e-commerce and cloud computing giant. Shutting down Amazon Restaurants will mean Amazon is surrendering the restaurant delivery market in the United States to GrubHub (GRUB), DoorDash, and Uber Technologies (UBER).
- Bloomberg•2 days ago
PetSmart's Chewy Jumps 59% in Debut After $1.02 Billion IPO
PetSmart acquired Chewy in 2017, paying about $3 billion for the company. PetSmart last year pegged the value of Chewy at $4.45 billion in private documents shared with investors, according to people with knowledge of those documents. The offering included 5.6 million shares sold by Dania Beach, Florida-based Chewy and 40.9 million sold by a wholly owned subsidiary of PetSmart, according to a statement.
- American City Business Journals•2 days ago
Amazon hiring for 2,000+ warehouse jobs in metro Denver as customer demand grows
The announcement coincides with Amazon’s plan to cut its free Prime shipping from two days down to one.
- Zacks•2 days ago
What to Expect from Oracle's (ORCL) Q4 2019 Earnings After Microsoft Cloud Deal?
Let's see what to expect from Oracle's fourth-quarter fiscal 2019 financial results that are due out after the closing bell on Wednesday, June 19.
- Barrons.com•2 days ago
Amazon, Grubhub, and the Turf War Over My Meatball Hero
First there were restaurant-food delivery services like Grubhub. Then there were meal-kit services like Blue Apron. Now Walmart is loading up your refrigerator. Where is all this leading?
- InvestorPlace•2 days ago
Take a Ride on This Lyft Stock Rally
After a long, quiet period, this year's IPO market is abuzz. Two in particular -- Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER) -- captured most of the headlines on Wall Street. That is, until Beyond Meat (NASDAQ:BYND) recently stole the show.Source: Shutterstock While the BYND and Zoom Video (NASDAQ:ZM) IPO processes produced successes, we learned that not all IPOs are created equal. Lyft stumbled right out of the gate. There was enough criticism to go around as to who did what and when to ruin the LYFT launch. What made matters worse for it, is that Uber came to market soon thereafter. It undoubtedly stole bids away from Lyft stock so it stood no chance of finding footing for weeks.Early in May I wrote an article about not giving up on Lyft and to stay long it. The idea paid, as the stock is up 16% since then. Today's note is to point out that even from here, there still is a bullish technical set up which could be the next opportunity for the Lyft bulls.InvestorPlace - Stock Market News, Stock Advice & Trading Tips LYFT Stock By the NumbersI am a fundamental investor, so I have to look at the boring stuff like valuation and the bullish versus the bearish thesis. So first let's look at the fundamentals, which aren't that great on paper. Lyft still loses a ton of money and they claim that they're going to grow to the moon. The path to profitability is very murky. Many experts even contend that they will never be profitable.I agree that the stock is definitely not cheap, since it sells at 7 times sales. But it's hard to gauge a growth stock like this so early in the process -- especially one that's in a brand-new disrupting industry. So there are no experts in the field. Amazon (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) encountered the same bearish arguments as they blazed their new industry trails. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 So for those who like LYFT stock, buy it for the long term and ignore this short-term action and the bearish talking heads.But I almost never make a trade without looking at the technicals too. So I ignore the fundamentals for this purpose of today's write-up because the opportunity is technical and it is in the charts. So I consider this a stand-alone tactical trade not an investment.The recent price action shows higher lows knocking against a roof. This tells me that the buyers have momentum for almost a month. If they are able to break through the roof, they can overshoot up and test $70 per share. There will be resistance along the way at $65 and $67 per share, so it won't be easy.For those who like to study charts, the pattern looks like an inverse-head-and-shoulder where the neckline is around $63.30 per share. Ideally I wait for the breach of the neckline before I chase the stock up. So it's a case of buy high and sell higher. How to Trade ItSome traders like to anticipate the move and start early, so they buy right away and hope for the rally to unfold. For that, I would definitely use tight stops, and where to place them depends on personal risk tolerance. I see significant levels at $58.70, $56.25 and $54 per share.The good news is that when a stock price range narrows from a wide band into a virtual point, it gathers energy. This almost always resolves itself in a big move where the direction is undetermined. In this case and since the bulls are making higher lows for weeks, unless there's specific bad news the expectation is that they will be able to breach it to rally even further. Click to Enlarge It is important to note that there is risk from outside factors to consider. We are still in the throes of an economic war between the United States and China, so we are apt to getting surprise geopolitical tape bombs. We cannot plan for these so it is best to set in adhere to the stop-loss levels below.Even as I share this upside opportunity here for Lyft, I have to note that I prefer holding Uber stock for the very long term. It's just too big a company to ignore and it reminds me of Facebook (NASDAQ:FB) and its infancy.Regardless, today's write-up is to share the potential of buying Lyft stock for a tactical trade that could deliver a $10 rally.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Take a Ride on This Lyft Stock Rally appeared first on InvestorPlace.
- American City Business Journals•2 days ago
Amazon plans 'bicycle benefit program for all employees,' records show
Bellevue, where Amazon is growing, has been expanding bike lane infrastructure. The city last summer installed bike lanes throughout downtown and plans to grow more.
- MarketWatch•2 days ago
Microsoft's stock climbs toward a record high, and 6th-straight trillion-dollar valuation
Shares of Microsoft Corp. edged up 0.4% toward a record high in afternoon trading Friday, as the software giant looks set to extend its streak as a trillion-dollar company to six sessions, to buck a decline in the broader stock market. After a single day with a trillion-dollar market capitalization on April 29, Microsoft re-claimed that territory on June 7, and has held it since. The market cap was last around $1.018 trillion, while second-place Amazon.com Inc. was way behind at $921.3 billion and Apple Inc. was in third at $887.3 billion. Microsoft's record gain Friday comes despite the Dow Jones Industrial Average being down 14 points, or 0.1%, and the Nasdaq Composite shedding 0.5%.
