|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||1,762.00 - 1,789.77|
|52 Week Range||1,307.00 - 2,035.80|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||73.25|
|Earnings Date||Oct 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,301.47|
Jeff Bezos' space company, Blue Origin, is partnering with Lockheed Martin and Northrop Grumman on its latest project. Yahoo Finance's Myles Udland and Brian Cheung discuss the news.
Amazon Web Services has been the crown jewel for Amazon. The company's cloud computing segment has grown faster than its flagship e-commerce portal.
Defense Secretary Mark Esper has removed himself from decision-making on a cloud computing contract potentially worth $10 billion, citing his son’s employment with one of the original contract bidders.
The company is well-positioned for further gains, reflecting accelerating revenue growth in the industry.
The Defense secretary deferred the review to his deputy secretary, noting his son works for a former bidder for the $10 billion cloud contract.
U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing contract because of a possible conflict of interest, the Pentagon said on Tuesday. "Although not legally required to, he (Esper) has removed himself from participating in any decision making... due to his adult son's employment with one of the original contract applicants," Chief Pentagon Spokesperson Jonathan Rath Hoffman said in a statement. The JEDI contract is part of a broad modernization of the Pentagon's information technology systems and has been mired in controversy.
Amazon is expected to report earnings that reflect heavy investment in one-day shipping, video and other efforts.
Two weeks out from election day, the 14 candidates for the Seattle City Council have collectively raised $2.7 million.
D.C.-area children will get a glimpse into what makes the perfect Max Scherzer slider, along with "Howie do it" — hit a grand slam, that is — at the soon-to-open National Children’s Museum in downtown D.C. That’s right, the museum with a STEAM (science, technology, engineering, arts and math) focus set to open next month will include a physics-oriented baseball exhibit sponsored by the the Washington Nationals’ owners foundation, The Annette M. and Theodore N. Lerner Family Foundation. The 10-year partnership between the museum and the Lerners includes a $200,000 gift, which will fund “Pitch Perfect” and “Grand Slam Science,” interactive exhibits that will be branded with the Nationals logo and feature Washington Nationals players. It will be located in the Ronald Reagan Building and International Trade Center and have access from the plaza above the Federal Triangle Metro station. The Lerners aren’t the museum’s only baseball connection, as Heather Zimmerman, wife of Nationals first baseman Ryan Zimmerman, also serves on its board.
Halloween — or should we say Howl-o-ween — is going to the dogs. Americans will spend $490 million on costumes for their pets this Halloween, according to the National Retail Federation, which is more than double what they dropped to dress their dogs, cats and other critters in 2010. Sara Ochoa is one of the 29 million people getting her furbaby into costume for the occasion.
Makan Delrahim, the assistant attorney general, says effective antitrust regulation now can help prevent the need for “heavy handed government regulation of any sector down the road.”
Amazon.com Inc. (NASDAQ: AMZN) said it will release third-quarter earnings Thursday and hold a conference call to discuss the numbers at 5:30 p.m. HQ2 time, 2:30 p.m. HQ1 time. AMZN stock price at Tuesday's open: $1,785.66 per share One-week change: Up $43.55 Translation: Jeff Bezos' wealth bump from the one week of appreciation is about $2.6 billion. Here are a few things that we will be looking for in the quarterly earnings: Amazon said to expect third quarter revenue between $66 billion to $70 billion, according to its second quarter forecast.
The largest company in the world is reporting earnings Wednesday, October 23rd, after the bell in one of the most anticipated September quarter releases.
Strategic and financial buyers want exposure to e-commerce's double-digit annual growth rates, but investment bankers at Armstrong & Associates' 3PL Value Creation Summit in Chicago last week said they advise clients to look for Amazon-proof businesses. Amazon.com, Inc.'s (NASDAQ: AMZN) entry into low-cost digital brokerage and acquisition of trucking assets, not to mention its dominant position in industrial real estate and e-commerce, have transportation and logistics companies looking over their shoulders. Amazon's strategy seems to be to establish control of multimodal transportation capacity in order to remove freight market-related constraints from its revenue growth.
(Bloomberg Opinion) -- The holiday shopping season is a crucial stretch for virtually every retailer. But it’s especially important this year for Kohl’s Corp. — for its own sake, and as part of the industry’s larger challenge of figuring out how to make the department store relevant in the digital era.In general, Kohl’s is playing with a better hand than some of its closest rivals in the category. But it’s undeniable that the chain got off to a rough start this year. Comparable sales sank 3.4% from a year earlier in the first quarter, a result that was far below analyst estimates and that forced the chain to slash its annual earnings guidance. It recorded yet another decline in comparable sales in the second quarter, with weakness in the home goods, footwear and women’s apparel departments contributing to the gloom.The company has promised the back half of the year will look significantly better largely thanks to two major projects: Accepting returns of Amazon.com Inc. purchases in its stores and adding a slew of new brands to its lineup. If there’s not clear evidence in the holiday rush that these initiatives are getting quick traction, it will raise serious doubts about the feasibility of a Kohl’s turnaround.Kohl’s partnership with Amazon is one of the more intriguing in the retail industry. In theory, it should be a win-win situation, allowing Kohl’s stores to get a stream of new foot traffic and allowing Amazon to offer the convenience of returns in physical stores — something many shoppers prefer to returns by mail.By the time holiday season heats up, Kohl’s will have had plenty of time to publicize this service. And the end of the holiday rush generally tends to be a peak time for merchandise returns. So this is kind of a natural experiment to see whether shoppers will take advantage of Kohl’s program and whether Kohl’s can convert any increased foot traffic into sales growth.Kohl’s executives have also been talking a big game about the benefits they should reap in the holiday quarter from a “record level of newness” — retail jargon that basically means they have an unusually large batch of new brands coming into its stores in time for the holiday season.Among its refreshed offerings are Nine West shoes, an exclusive women’s line by luxe designer Jason Wu and a home goods label from the stars of HGTV’s “Property Brothers.” A press release last week also ticked off a laundry list of beauty brands that are coming to Kohl’s, demonstrating its sensible investment in a category that has been a retail industry bright spot in recent years.Kohl’s deserves some credit for understanding that better merchandise is at the heart of any retailing turnaround. But if all this effort at giving customers something new doesn’t contribute meaningfully to fourth-quarter comparable sales, then Kohl’s will have wasted time in its attempt to strengthen its merchandise.It’s not that Kohl’s doesn’t have other ways to shore up the business. It is also shrinking its stores to help with profitability and experimenting with new in-store presentations.But if these two big ones — the Amazon partnership and stable of new brands — don’t quickly pay off in the form of improved traffic and stronger comparable sales, then investors will not be happy. And in its continuing battle against the digital onslaught, the retail industry will have yet another data point about what doesn’t work.To contact the author of this story: Sarah Halzack at firstname.lastname@example.orgTo contact the editor responsible for this story: Michael Newman at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
The negative stock performance of AMZN might reverse given the positive earnings estimate revision trend, which is generally a precursor to an earnings beat, and attractive fundamentals.
Sweeping vistas and proximity to fellow rich and famous folks are some reasons why billionaires live where they do, and now a new study says estate taxes are a pretty important factor as well. Billionaires tend to move out of states with estate taxes, according to researchers at the University of California, Berkeley and the Federal Reserve Bank of San Francisco. The federal government and state governments use estate taxes to tax the transfer of wealth and property from the deceased to their heirs.
The earnings season in the United States is in full swing. This means that stocks of the largest American companies will likely make big moves. Below we have gathered some important information for those who want to trade on these releases.
Yahoo Finance's Julie Hyman, Adam Shapiro discuss the management shift at UPS along with its relationship with Amazon with UPS CEO & Chairman David Abney.