|Bid||1,588.00 x 800|
|Ask||1,589.50 x 2200|
|Day's Range||1,585.12 - 1,642.57|
|52 Week Range||1,160.55 - 2,050.50|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||89.19|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,136.26|
In September 2017 Amazon issued an open invitation for North American cities to put in bids for hosting the company’s $5-billion “HQ2” (that is, second headquarters) and the 50,000 jobs it’s expected to bring. When Amazon announced last month that it would split HQ2 between New York City and Arlington, Va., losing applicants cried foul: They accused Amazon of an extraordinary bait-and-switch, enticing dozens of bidders to increase the competition and the incentive offers, only to end up with two of the most obvious candidates all along.
Netflix (NFLX) is working on its first African original series for release next year to its global audience. The African original further highlights Netflix’s continuing bet on original programming at a time when it is facing growing competition for subscribers. In addition to expanding and diversifying its content library, investment in original productions is also viewed as part of Netflix’s attempts to take control of its business as some of its content partners turn into competitors.
Amazon quietly brought Miller over this spring from Facebook, where he led real estate in the Americas. Schoettler remains with Amazon as vice president of real estate as the company launches its HQ2 split between New York and Virginia.
The broader market sell-off that began in October doesn’t seem to be stopping anytime soon. On the fundamental side, investors’ worries related to rising interest rates and global trade tensions were the two key reasons for this sell-off in October. Federal Reserve Chair Jerome Powell’s dovish comments in November helped US equities to regain investors’ confidence to some extent.
The opening of Amazon's fulfillment center won't happen until 2019, but the online retail giant has already established a presence in Birmingham.
A year ago Thursday, Target Corp. bought grocery delivery service Shipt in a $550 million deal, allowing it to completely reconfiguring delivery options for its customers and providing a new way for Target to compete with Amazon.com Inc. (NYSE: AMZN) by offering same-day delivery on groceries and other essentials. Since then, Target has expanded Shipt's reach from the 70 markets it was in before the acquisition to 200 markets now, and Shipt's membership has tripled year-over-year, Target said in a year-later recap on its A Bullseye View corporate blog, which added that it plans more expansion, both geographically and in products offered, in 2019. Birmingham, Ala.-based Shipt was founded in 2014, and runs a $99-per-year membership-based grocery marketplace and same-day delivery platform.
Amazon looked at buying a start-up developing at-home health tests called Confer Health, but talks broke down a few months ago. As recently as this summer, it had a team dedicated to diagnostics within its moonshots group "Grand Challenge." It is unknown whether the group is still active. A move into the home health-testing space would be a signal of Amazon's ambitions to remake the entire health care supply chain, and could compete with testing giants Quest and LabCorp.