|Bid||0.00 x 900|
|Ask||0.00 x 2900|
|Day's Range||33.60 - 34.10|
|52 Week Range||32.85 - 46.99|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In this market, particularly in tech, arguing that a growth stock is “too expensive” is a good way to look foolish. Square stock now has more than doubled in 2018 and nearly has tripled over the past year.
Amazon (AMZN) has launched a curbside pickup service for customers who shop online for groceries at its Whole Foods stores. The service is available to Amazon Prime subscribers and is initially rolling out in Sacramento, California, and Virginia Beach, Virginia. Amazon’s curbside pickup service lets customers collect their orders from a Whole Foods store of their choice without leaving the car.
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
Countable is a hub for citizens to understand and contact their lawmakers through bill summaries, news articles and easy ways to get in touch, such as emails and videos.
PayPal (PYPL) said it appreciates Third Point’s investment in its stock. A few days before PayPal reported its second-quarter results, Third Point revealed through an investor letter that it opened a new position in PayPal in the second quarter. PayPal went on an acquisition spree in the second quarter, inking deals worth more than $2.7 billion to buy four companies.
Amazon’s (AMZN) lead in e-commerce also means it has become an example for its competitors. Amazon rivals have borrowed from its playbook to bolster their campaigns and counter Amazon’s moves. Reuters reported on June 13 that Microsoft (MSFT) was building technology that would allow traditional retailers such as Walmart (WMT) to operate cashierless stores to rival the Amazon Go store.
Japanese multinational SoftBank is planning to challenge PayPal (PYPL) in the digital payments market, according to a Bloomberg report. SoftBank’s digital payment service is slated to launch in Japan first and roll out globally later. SoftBank has teamed up with India-based e-commerce and mobile payments provider Paytm to launch the PayPal challenger, the report said.
According to IBEF (India Brand Equity Foundation), India’s e-commerce industry is expected to be worth $200.0 billion in sales by 2026, growing from $39.0 billion last year. About 14.0% of India’s Internet users were online shoppers in 2016, according to Morgan Stanley. That’s expected to grow to 50.0% by 2026, enlarging the addressable market for e-commerce companies such as Amazon (AMZN).
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday. Soros Fund Management also dramatically boosted its shares in BlackRock Inc - the world's largest asset management firm, overseeing $6 trillion - by nearly 60 percent to 12,983 total shares in the second quarter.
e-Commerce retailer Overstock’s (OSTK) adjusted second-quarter EPS came in at -$2.14, compared with analysts’ projection of -$0.82. On a reported basis, the company’s EPS was -$2.20, a much wider loss compared than its EPS of -$0.29 reported in the second quarter of 2017.
Overstock (OSTK) reported its second-quarter results on August 9. The company’s revenues of $483.1 million easily topped the analysts’ consensus estimate of $474.2 million and grew 12% on a YoY (year-over-year) basis. The company has increased its advertising spending, which led to a growth in revenues.
This part will focus on JD.com’s (JD) latest quarterly EPS performance. The company’s EPS declined by 23% YoY to 0.7 renminbi ($0.11) in the first quarter of 2018. The decline was due to the operating expenses offsetting the impact of revenue and gross profit growth for the period.
JD.com’s revenue grew 33% on a YoY (year-over-year) basis to 100.1 billion renminbi ($216 billion) in the first quarter of 2018 compared to 76.2 billion ($111.1 billion) renminbi in the first quarter of 2017. The company will release its results for the second quarter of 2018 on August 16.
PayPal’s (PYPL) capital allocation strategy has three main pillars, according to the company’s chief financial officer, John Rainey. In terms of acquisitions, PayPal has been a more active dealmaker in recent months. The company announced four acquisition deals in the second quarter, which is twice as many deals as it inked in all of 2017.
We discussed JD.com’s (JD) annual revenue trend in the previous part of the series. This part will focus on JD.com’s annual EPS (earnings per share) and net income. JD.com’s EPS grew by 135% to 3.4 renminbi ($0.5) in 2017. The company posted EPS of 1.5 renminbi in 2016. The company posted net income of 2.1 billion renminbi and 5 billion renminbi in 2016 and 2017, respectively.
In this series, we’ll analyze JD.com’s (JD) annual net revenue growth and the segments driving the net revenue growth. JD.com’s net revenue grew at a three-year CAGR (compound annual growth rate) of 47% in 2017. The 43% net revenue growth to 258.3 billion renminbi in 2016 compares to 40% growth to 362.3 billion renminbi in 2017. JD.com’s active customer accounts drove the revenue growth. Active customer accounts grew from 155 million in 2015 to 227 million and 293 million in 2016 and 2017, respectively.
Tesla Motors Inc. (NASDAQ: TSLA) is one of the most innovative technology companies in the world, focusing primarily on producing electric vehicles but also on design and energy. In 2008, Tesla Motors launched its first car, the Roadster, which could accelerate from 0 to 60 miles per hour in under 4 seconds. On August 7, 2018, Tesla made news when a tweet from CEO Elon Musk suggested that he wanted to take the company private and that he had secured funding to do so.
Amazon (AMZN) launched its domestic online retail operations in Australia in December 2017. That move saw it expand in one of the world’s most closely watched e-commerce markets. Amazon’s Chinese competitors Alibaba (BABA) and JD.com (JD) have their regional offices located in Australia.
PayPal (PYPL) has sought a partnership with Amazon (AMZN) for a long time, but a partnership has been elusive so far. PayPal believes that partnering with large digital companies like Amazon will bolster its penetration in international markets, the company’s chief financial officer, John Rainey, told Bloomberg TV.
Four companies in the internet and interactive entertainment sectors offer particularly “compelling” opportunities in the wake of second-quarter financial results, according to new research. Those companies—Alphabet ...
eBay (EBAY) disclosed in its latest quarterly filings that it paid $573.0 million to buy the Japanese assets of Giosis, an online marketplace firm that primarily operates in Asia. The main asset in that deal was Qoo10, a leading Japanese online marketplace. The deal was announced in February and closed in May.
PayPal needs to be constantly evolving in order to not fall behind in the digital payments race. Enter Venmo, PayPal's less formal, mobile "peer-to-peer" payment app that allows for quick transfers of money between family and friends.
Need more evidence that Amazon.com Inc. ( AMZN) is killing it when it comes to shopping in the U.S? According to a new analysis, the Seattle-based e-commerce giant accounted for about 5% of all retail spending in the U.S. last year. Bloomberg Intelligence crunched the numbers and based on its estimate found Amazon sold around $300 billion in products last year, with two thirds of the sales coming from the U.S. alone.