1,975.04 +0.49 (0.02%)
Pre-Market: 8:14AM EDT
|Bid||1,974.00 x 800|
|Ask||1,977.00 x 800|
|Day's Range||1,938.85 - 1,975.91|
|52 Week Range||943.30 - 2,050.50|
|PE Ratio (TTM)||156.38|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,123.77|
Amazon said its Alexa Fund invested in Plant Prefab, a Southern California company that builds prefabricated custom single- and multifamily houses.
The Bandwidth Alliance, as the group calls itself, launched on Wednesday and includes large cloud computing firms such as Alphabet Inc's Google Cloud, Microsoft Corp's Azure and International Business Machines' IBM Cloud, as well independent firms such as Digital Ocean, Backblaze and Packet. The group aims to lure customers away from AWS - the biggest cloud computing provider with $17.5 billion in revenue last year - by challenging the AWS practice of allowing customers to move data into the AWS cloud for free but charging to move that data out.
(AMZN) — Amazon today announced the launch of Amazon Music Unlimited for Canada, bringing customers a catalogue of millions of songs and thousands of playlists and personalized stations, combined with the magic of voice controls powered by Alexa. Joining the previously launched Prime Music, Amazon Music Unlimited unlocks millions more songs to customers, including the newest music from artists including Ariana Grande, Drake, Arkells, Shawn Mendes, Carrie Underwood and more, as well as thousands of playlists and stations, and a variety of localized programming curated by Amazon Music experts.
Louisville Metro Government plans to consult the Jefferson County Attorney as it considers whether to appeal Tuesday's ruling that would require the city to hand over its Amazon HQ2 proposal to the Courier Journal within 10 days. The city is weighing its options and reviewing the case after Jefferson Circuit Court Judge Susan Schultz Gibson ruled in favor of the CJ on Tuesday, ordering the city to release the full Amazon proposal, which totals hundreds of pages. The CJ sued the city earlier this year, claiming it violated the state's open records act by not releasing the full bid for the Amazon.com Inc. headquarters project.
Alibaba’s (BABA) operating expenses increased at a three-year CAGR (compound annual growth rate) of 36% to 73.9 billion yuan ($12 billion) in the fiscal year ended March 31, 2018. The increase was due to higher product development expenses and higher general and administrative expenses associated with higher payroll and benefits expenses, including share-based compensation expenses.
Amazon continues to expand delivery from its Whole Foods grocery stores, announcing new service in 10 cities while broadening delivery areas where it's already operating. The Seattle company said Wednesday that it's broadening delivery areas in New York and Seattle, and announced the first expansion of free grocery pick-up service to five new cities. Amazon's entry into the grocery arena has forced traditional stores to expand amenities for customers, or at least speed up plans to do so.
Oracle has integrated machine learning to perform all data management tasks, thus eliminating the need for database administrators. Oracle believes that its Autonomous Database will help clients reduce their Amazon cloud service platform by running the Oracle database on an Oracle cloud infrastructure. From the graph above, you can see Oracle’s growth in total cloud and license revenues in the last five quarters.
After Facebook (FB), Twitter (TWTR), Alphabet (GOOGL), many major tech players, including Apple, Amazon (AMZN), Alphabet, and Twitter, will reportedly testify before the US Senate Committee on Commerce, Science, and Transportation on September 26.
Snapchat is partnering with Amazon to let users shop through their smartphone cameras. Yahoo Finance’s Alexis Christoforous, Melody Hahm and Julia La Roche break down the details.