|Bid||1,860.80 x 1400|
|Ask||1,861.33 x 800|
|Day's Range||1,859.48 - 1,870.82|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||92.44|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,080.44|
Hey, good morning! You look fabulous. Add The Weather Channel to the list of ransomware victims, and we have some news about the Google vs. Amazon tiff. Also, the Child's Play remake will have Chucky terrorizing people via their smart-home devices. Welcome to 2019.
The internet has transformed life as we know it. With the internet, the average person has access to the world's store of information, nearly limitless media content, and the ability to purchase and order millions of different items online. With the development of cheaper and cheaper rockets and satellite internet, there is now potential for companies […]
Learn how Alibaba and Amazon compare in terms of each company's applied business model and understand the markets each company aims to reach.
The plans and renderings come after months of speculation over what sort of massive development Jay Paul Co., which has a reputation of building high-quality buildings and attracting big-name tenants, would put together for a key site in the middle of San Jose’s growing downtown.
Maxwell House, which has handed out Haggadahs at Passover for decades, teamed up with the Amazon show ‘The Marvelous Mrs. Maisel’ this year.
On Thursday, (AMZN) (AMZN) and Alphabet-owned (GOOGL) Google said that the companies were preparing to end a software standoff, such that the YouTube app will soon be available on Amazon’s Fire devices and Prime Video will be available on Google’s Chromecast and Android devices. It also means “customers will have even more ways to stream what they want, whenever they want, no matter where they are,” according to an Amazon executive. As observed by USA Today and others, it doesn’t mean you can use video-enabled Echo devices to watch YouTube, nor does it mean Google’s Home speaker is now for sale on Amazon.
Google on Thursday extended an olive branch to Amazon.com, agreeing to support the Amazon Prime Video app on Chromecast and Android TV. For years, Amazon and Alphabet Inc.-owned Google have been locked in an escalating tit-for-tat war. In 2015, Amazon pulled Chromecast from its online store, several months after it began selling its own competing streaming media stick.
Amazon (AMZN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
"One hundred percent, we will continue to grow here," WeWork exec tells the Business Journal. "I still feel like in Nashville, we are just scratching the surface." (The company has racked up 224,000 square feet of Nashville office space)
What’s Ahead for Hulu after AT&T Stake Sale?(Continued from Prior Part)Hulu’s ownership Hulu has been changing hands amid rising consolidation in the media industry due to cord-cutting and the growing popularity of online video streaming
Amazon (NASDASQ:AMZN) CEO Jeff Bezos delivered his annual shareholder letter last week, which helped boost the stock. Bezos explained the growth narrative tied to Amazon’s e-commerce channels, AWS, future expansion into new areas through an iterative approach, and efforts to make smart bets to remain innovative, but also the willingness to lose money if in the event an experiment doesn’t work.The founder of Amazon has managed to keep an innovative culture going while they continue to disrupt e-commerce. Bezos anticipates that Amazon can continue to grow its e-commerce footprint in various markets outside the United States where there has been minimal market penetration of e-commerce in general.Amazon stock is hovering just under $1T and remains stuck in a tight range. Earnings could catalyze the stock near-term, but what remains important is the visionary stature of the company when compared to various other technology peers.While, there have been a number of publicity failures tied to Amazon’s HQ search this past year, Bezos made no mention of the HQ search in his annual letter, but instead directed much of the focus on their ability to grow their e-commerce business, AWS and the minimum wage increase to $15.Jeff Bezos mentions in his shareholder letter the importance of 3rd-party sellers and how it has contributed to its total e-commerce revenue and volumes when compared to eBay:> Something strange and remarkable has happened over the last 20 years. Take a look at these numbers: Third-party sales have grown from 3% of the total to 58%. To put it bluntly: Third-party sellers are kicking our first party butt. Badly. And it’s a high bar too because our first-party business has grown dramatically over that period, from $1.6 billion in 1999 to $117 billion this past year. The compound annual growth rate for our first-party business in that time period is 25%. But in that same time, third-party sales have grown from $0.1 billion to $160 billion – a compound annual growth rate of 52%. To provide an external benchmark, eBay’s gross merchandise sales in that period have grown at a compound rate of 20%, from $2.8 billion to $95 billion.Not to point daggers at anybody, but Bezos basically stated that their third-party retail sales (which is very similar to eBay’s listing marketplace) grew at annual growth rate of 52% versus eBay at 20%, and it’s representative of 58% of Amazon’s total retail sales. These are the key metrics that define Amazon’s e-commerce growth narrative, and it’s likely where Amazon will continue to invest resources, so they can attract more third-party retail sales at the detriment of eBay.It’s likely that Amazon’s 3rd-party retail will continue to dominate in comparison to eBay (where historically that wasn’t always the case) but has now become an established reality given Amazon’s 3rd-party retail represents $160 billion in sales on the platform versus eBay at $98 billion in total platform sales.The divergence in narrative between Amazon and eBay will continue, as eBay as a stand-alone website property hasn’t gone much further into enhancing features for eBay sellers. What has helped Amazon at beating eBay? Well, Bezos explains in his letter:> We helped independent sellers compete against our first-party business by investing in and offering them the very best-selling tools we could imagine and build. There are many such tools, including tools that help sellers manage inventory, process payments, track shipments, create reports, and sell across borders – and we’re inventing more every year.This paints a somewhat gloomy narrative both by the numbers but also the internal efforts to supply core competencies tied to Amazon’s distribution and ecosystem that eBay cannot provide. While its been a well-established fact that Amazon can continue to execute, there was one more hint or clue in the annual shareholder letter that points to Amazon’s future.Bezos believe that further expansion into global retail will require a combination of e-commerce and brick-and-mortar initiatives:> Amazon today remains a small player in global retail. We represent a low single-digit percentage of the retail market, and there are much larger retailers in every country where we operate. And that’s largely because nearly 90% of retail remains offline, in brick and mortar stores. With Amazon Go, we had a clear vision. Get rid of the worst thing about physical retail: checkout lines. No one likes to wait in line. Instead, we imagined a store where you could walk in, pick up what you wanted, and leave.What’s interesting about Bezos is the fact that he believes that Amazon is “small player in global retail.” What this points to though, isn’t the fact that he thinks Amazon can service every customers with online-only sales, but how he transitions the idea to Amazon Go, where he believes that a technology-driven approach to checkout lines, and a seamless buying/selling experience could be globally disruptive and it’s where Amazon could continue to deploy resources (where they only have 10 stores in the United States in Seattle, Chicago and San Francisco).The brick-and-mortar transition for Amazon has been slow, and more iterative in nature. But it could play into Amazon’s global ambitions of being a relevant retailer both online and offline (which can also) be integrated into its online-based business. The execution on the AWS front has been strong, but efforts by Bezos to outline expectations tied to retail shouldn’t be ignored either, because this is Amazon’s bread-and-butter business.If Amazon were to surprise shareholders with more efforts tied to retail, it would double-down on its incumbency advantage. Based on the dialogue from Bezos within the shareholder letter, it’s safe to presume that on-going efforts to disrupt retail whether online or offline remains one of Amazon’s biggest priorities. Read more on AMZN: * 4 Reasons Why Amazon’s (AMZN) Alexa Is Doomed to Fail * Top Analyst Pounds the Table on Amazon (AMZN) Stock * Amazon’s Cloud Segment Remains a Major Growth Driver for the Stock * Amazon Makes Strides in the Grocery Game; Stock Remains a Strong Buy More recent articles from Smarter Analyst: * Why Autonomous Could Be a Strong Driver for Nvidia (NVDA) Stock * Microsoft (MSFT) Stock's Big Rally Should Continue * Oppenheimer Still Sees 40% Upside for Tesla (TSLA) Stock * The Qualcomm (QCOM) Hype Continues: Canaccord Boosts Price Target on the Stock
NEW YORK (AP) — Amazon and Walmart on Thursday kicked off a two-year government pilot program allowing low-income shoppers on government food assistance in New York to shop and pay for their groceries online for the first time.
The National Enquirer is being sold to the former head of the airport newsstand company Hudson News following a rocky year in which the tabloid was accused of burying stories that could have hurt Donald Trump’s 2016 presidential campaign.
Madrona Venture Group's Tom Alberg was an early investor in Amazon and has watched the company become a technology and retail giant. The foundation for growth started with six-page memos.
The initial gap-up open was caused by better-than-expected March retail sales of 1.6% versus estimates of around 0.7%. The bear's narrative that growth is slowing may still be valid, but with a friendly Fed, a tight labor market and data like these retail sales the chances for upside surprises are good. Impeachment or serious charges against President Trump would create uncertainty and hurt the focus on positive economic growth and that is really the only thing the market cares about.
In this article find out how the Dow Jones Industrial Average works, tracks market movements, and what changes mean for investors and the stock market.
The free service, announced Thursday, will be available to customers with Alexa devices who don’t subscribe to Amazon Prime, the loyalty program known mostly for shipping discounts. The new service will feature general-interest playlists like “Pop Culture,” 80s music and country, Amazon said in a statement. It will compete with existing free services from Spotify Technology and Sirius XM-owned Pandora.