1,902.50 +16.47 (0.87%)
Pre-Market: 8:44AM EDT
|Bid||1,902.75 x 1100|
|Ask||1,904.52 x 900|
|Day's Range||1,875.51 - 1,895.23|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.73|
|PE Ratio (TTM)||78.74|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,246.75|
Best Buy announced Tuesday that it will be selling a collection of high-tech at-home fitness equipment.
The next 10 years could look vastly different for Facebook than the past decade if lawmakers get their way.
When it comes to inflation, Federal Reserve officials resemble the characters Estragon and Vladimir in Samuel Beckett’s existential play “Waiting for Godot.”
said Tuesday that it will lease and additional fifteen cargo airplanes from Boeing Co. Amazon will lease fifteen Boeing 737-800 planes, the company said during the Paris Air show, adding to a previous agreement for five that was signed earlier this year, though GE Capital Aviation Services. The planes form part of the online retail giant's 'Amazon Air' operation, which was formed in 2016 and plans to operate out of a main hub from the Cincinnati/Northern Kentucky International Airport in 2021.
Amazon.com Inc. said Tuesday it will lease 15 737-800 cargo aircraft made by Boeing Co. , through a partnership with General Electric Co.'s GE Capital Aviation Services (GECAS). The 15 aircraft will be in addition to the five Boeing 737-800s already leased from GECAS, announced earlier this year. "These new aircraft create additional capacity for Amazon Air, building on the investment in our Prime Free One-Day program," said Dave Clark, senior vice president of worldwide operations at Amazon. "By 2021, Amazon Air will have a portfolio of 70 aircraft flying in our dedicated air network." Amazon's stock rose 0.9% in premarket trading, while Boeing shares climbed 1.3% and GE's stock tacked on 0.9%. The shares gains come as futures for the Dow Jones Industrial Average rallied 144 points.
Starbucks Corp. announced that its coffee is being brewed at the new New York City Park Avenue Amazon Go store, as well as at the 300 Boren Avenue North Seattle location. The Park Avenue location is the second New York City Go store; the first opened in May. Starbucks stock has rallied about 29% for the year to date while the S&P 500 index is up 15.3% for the period.
Amazon.com Inc NASDAQ/NGS:AMZNView full report here! Summary * 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 | NeutralETF activity is neutral. ETFs that hold AMZN had net inflows of $3.27 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ 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 email@example.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.
(AMZN) – Amazon continues to invest in ways to provide fast, free shipping for customers. Today, at the International Paris Air Show, the company announced a partnership with GE Capital Aviation Services (GECAS) to lease an additional fifteen Boeing 737-800 cargo aircraft. These fifteen aircraft will be in addition to the five Boeing 737-800’s already leased from GECAS and announced earlier this year. The aircraft will fly in the United States out of the more than 20 air gateways in the Amazon Air network.
Amazon has launched a credit program for people who would otherwise not qualify for a credit card in order to enjoy its shopping rewards. The Amazon Credit Builder program will allow people who join to build a credit profile that can qualify them for a regular credit card and unlock their potential as Amazon shoppers.
(Bloomberg Opinion) -- Facebook Inc.’s planned cryptocurrency is going to need more friends to work.On Tuesday, the social media giant announced it had signed up 27 partners to develop and administer Libra, a digital medium of exchange for use on its apps and beyond. Uber Technologies Inc., Spotify Inc., Visa Inc. and Mastercard Inc. are all taking part – but there’s a notable absence of banks, large retailers and consumer goods companies, whose massive marketing budgets are the staple of ad agencies worldwide.This matters because Facebook is, above all else, an advertising platform. Chief Executive Officer Mark Zuckerberg has to prove that Libra will deliver more value to brands than their current advertising setup. Judging by this initial list of partners, a lot of firms appear unconvinced. The company wants to sign up a total of 100 by the time the coin starts next year. It will need every one of them, and more.For Zuckerberg, the best possible outcome is that the coin, which is tied to a basket of foreign currencies, keeps both users and brands locked into the Menlo Park, California-based firm’s ecosystem.In theory, a user might receive a token for watching an ad, which they then spend on something they have also seen advertised on Facebook. The company selling the product could then use that token to buy more ad space on the social network, and so the cycle would start anew. That would mean that, even if Zuckerberg had to spend a little bit more to keep his users engaged, the money would ultimately flow back into his company’s coffers.For brands, the big question is just how much data from that process will Facebook be willing to share? You can see why companies might be wary about signing up on day one. Facebook and its family of apps – Instagram, WhatsApp and Messenger – are already something of a walled garden when it comes to advertisers. They regularly complain that they have little visibility over what they call the journey of their customers: What ads did customers see before making a purchase or clicking through to a website? That anonymized data allows them to gauge whether an approach works or not.Many purchases happen on brands’ own websites right now, which is a problem for Facebook, since it doesn’t know itself when a user has decided to buy something. Knowing what exactly prompts a purchase would help the company target future ad campaigns more effectively. Starting its own digital wallet – Calibra – should allow it to plug that gap by inserting itself into the middle of consumers’ transactions. Facebook has said that it won’t use financial data to target ads, but the wallet will nonetheless surely be optimized to execute purchases from within one of its platforms.The model here is Amazon.com Inc. The e-commerce giant knows almost every stage of an online shopper’s journey to purchasing an item, allowing it to target them with precision. That’s a threat to both Facebook and Google’s advertising models, and goes a long way to explaining why Zuckerberg is so keen to make friends. To contact the author of this story: Alex Webb at firstname.lastname@example.orgTo contact the editor responsible for this story: Edward Evans at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Moody's Investors Service has affirmed HT Global IT Solutions Holdings Limited's Ba3 corporate family ratings (CFR) and the Ba3 senior unsecured rating on its $368 million 7% senior notes due 2021. The ratings affirmations follow the acquisition by HT Global's principal operating entity, Hexaware Technologies Limited, of US-based customer experience consulting firm, Mobiquity Inc. for a total consideration of $182 million. "The affirmation of HT Global's ratings reflects our expectation that the company's consolidated credit metrics and liquidity will continue to remain appropriate for its ratings category, despite the acquisition of Mobiquity by Hexaware," says Sweta Patodia, a Moody's Analyst.
A new survey by Adobe’s digital research group finds a surprising drop in U.S. ownership of smart speakers from companies like Amazon, Google, and Apple. Are Americans suddenly getting privacy conscious?
WS Development and PSP Investments have secured a $435 million construction loan from Citizens Commercial Banking to build the future Amazon.com Inc. office in Boston’s Seaport District. The 17-story office will span around 500,000 square feet and house up to 2,000 Amazon (Nasdaq: AMZN) workers when the building opens in 2021.
Niantic, the Silicon Valley company behind Pokémon Go, has acquired London-based games studio Sensible Object, as it continues to expand its “augmented reality” gaming platform. The deal could take Niantic, which is in final preparations for the global launch of its next AR game Harry Potter: Wizards Unite, into new areas such as voice assistants and audio-based games. John Hanke, Niantic’s chief executive, said in a blog post on Tuesday that the Sensible Object team would “focus its efforts on building all new real-world AR experiences”.