AMZN - Amazon.com, Inc.
| Previous Close | 1,767.38 |
| Open | 1,773.33 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 2200 |
| Day's Range | 1,770.62 - 1,786.08 |
| 52 Week Range | 1,307.00 - 2,035.80 |
| Volume | 2,643,572 |
| Avg. Volume | 3,259,766 |
| Market Cap | 879.216B |
| Beta (3Y Monthly) | 1.63 |
| PE Ratio (TTM) | 73.74 |
| EPS (TTM) | 24.10 |
| Earnings Date | Oct 24, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2,301.86 |
- Morningstar
These U.S. Sectors Are More Global Than You Think
As companies begin issuing third-quarter earnings this week, investors will be watching to see what impact ongoing trade tensions will have on results and guidance. Using Morningstar data, we've dug into the global revenue sources of various sectors, which provides some insight into which areas of the market may be more vulnerable to ongoing trade tensions. The technology, basic materials, and consumer defensive sectors generate the largest portion of their revenues abroad.
- Zacks
Twitter Q3 2019 Earnings Preview: Buy TWTR Stock Up 40% in 2019?
Twitter (TWTR) stock has surged roughly 40% in 2019 to fall just behind Facebook's (FB) 45%. Despite the run of success, Twitter shares remain an enigma to many on Wall Street...
- GuruFocus.com
Be Humble and Learn From Your Mistakes Like Warren Buffett
Investors should perform post-mortems on their mistakes Continue reading...
- Zacks
Amazon (AMZN) Q3 2019 Earnings Preview: AWS, Prime & Advertising
Amazon stock is down 11% in the last three months heading into its Q3 earnings release on Thursday, October 24. So let's see what to expect from the e-commerce giant, including AWS, Prime, and advertising...
- American City Business Journals
NVTC CEO Bobbie Kilberg to retire in June
Kilberg has shepherded the trade association since 1998, serving as a fixture in the D.C. technology space at a time of significant digital transformation for the region.
- Bloomberg
IBM Misses Estimates as Red Hat Fails to Offset Declines
(Bloomberg) -- International Business Machines Corp. reported third-quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.Total revenue was $18 billion in the three months ended Sept. 30, down 3.9% from a year earlier, the Armonk, New York-based company said in a statement Wednesday. Analysts had forecast $18.2 billion. It marked the fifth consecutive quarter of shrinking sales at IBM, while analysts had been looking for signs that Red Hat, which was incorporated for the first time in these results, would change the narrative.In July, IBM completed the purchase of the open-source software provider for $34 billion – sealing the world’s second-largest technology deal. Adjusted revenue from Red Hat was $371 million in the third quarter, better than the $350 million IBM told investors it was expecting in August. Red Hat was folded into IBM’s cloud and cognitive software unit, which pulled in $5.3 billion in revenue, up 6.4% from a year earlier.Still, IBM’s overall sales declined due to divestitures from commerce software businesses, foreign currency effects and poor performance in one of its key units. Revenue from Global Technology Services, the company’s infrastructure and tech support unit, fell 5.6% to $6.7 billion. Global Business Services revenue, which includes IBM’s consulting arm, increased only 1% to $4.1 billion. The shares fell 3.2% in extended trading. They had gained 25% this year through the close of trading Wednesday.“The one thing IBM doesn’t need is a disappointing quarter,” Ian Campbell, CEO of Boston-based Nucleus Research, said in an interview before the results were released. “There have been so many quarters that have shown a downward trend in revenue. This quarter we need to see some change as IBM has fallen to the point where they have no name recognition.”Chief Executive Officer Ginni Rometty is pegging IBM’s future to a hybrid cloud strategy by using Red Hat to offer enhanced security services on private and multiple public clouds. IBM hopes this new plan will allow it to partner with top cloud rivals like Amazon Web Services and Microsoft Corp.’s Azure, rather than being left behind in a trillion-dollar market where it’s been seeking growth for a decade.Analysts and investors might have to wait a little longer to see any real uptick in revenue growth from Red Hat. Chief Financial Officer Jim Kavanaugh said in an interview that IBM will be back to a sustained level of revenue growth in 2020.Earnings excluding some costs were $2.68 a share, largely in line with the average analyst projection of $2.67. IBM reiterated it sees full-year adjusted operating profit of $12.80 a share. (Updates with forecast for full-year operating profit in final paragraph.)To contact the reporter on this story: Olivia Carville in New York at ocarville1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Yahoo Finance
Netflix stock spikes after Q3 earnings beat expectations
Netflix (NFLX) beat third-quarter earnings expectations, just before competitors launch a new batch of streaming services next month.
- Investor's Business Daily
Amazon Stock Gets Price-Target Boost Ahead Of Quarterly Earnings
The price target on Amazon stock was raised about 35% from where the stock currently traded Wednesday, coming a week before the e-commerce leader is set to report second-quarter earnings.
- Zacks
Tech Stocks for Dividend Investors to Buy as Q3 Earnings Season Heats Up
We used our Zacks Stock Screener to search for companies within the broader technology sector that also pay a dividend that investors might want to buy as Q3 earnings season heats up...
- American City Business Journals
Amazon ships jobs to Antioch with big new lease
And with one potential additional lease, the retail giant could more than double its swelling area footprint.
- Benzinga
4 Ways To Reward Yourself For Grocery Shopping
Some days, it can be hard to motivate yourself to go grocery shopping. For those who need a good family planning credit card or something that rewards you for grocery shopping, here are a few of the best options to help motivate you to go grocery shopping. This credit card from American Express (NYSE: AXP) is one of the best in the industry when it comes to grocery store rewards.
- Yahoo Finance
India's Sitharaman: US trade pact a 'good possibility,' should come soon
As U.S. President Donald Trump hammers out a partial trade deal with China, Washington is moving forward on another front: India.
- MarketWatch
Ex-Cisco CEO John Chambers, star team of engineers have a startup targeting Amazon’s AWS
Pensando Systems, the ultra-secretive Silicon Valley company, announced Wednesday in New York it is has developed hardware and software that lets companies run their computer servers more efficiently, particularly in the cloud.
- MarketWatch
Marijuana stocks, after declines of over 50%, are now only ludicrously overpriced
The pot bubble has burst, but many companies’ shares are still trading at unjustified levels, says Brian Livingston.
- MarketWatch
Momentum investors are now buying shares of Apple, Amazon and Netflix
The stock market is near highs after rising for a decade. The best tool to answer the question is to look at segmented money flows. Please click here for a chart showing segmented money flows in 11 popular tech stocks.
- American City Business Journals
Amazon's 1.4M SF warehouse plans north of Orlando head for final approvals
A proposed Amazon warehouse in Deltona will seek its official approvals next month, potentially spurring more commercial development nearby and changing the perception of the bedroom community north of Orlando. Atlanta-based developer Seefried Industrial Properties intends to build an 85-acre, 1.4 million-square-foot warehouse between Interstate 4 and Normandy Boulevard, south of Graves Avenue, in the city north of Orlando. Deltona's city commission likely will approve the project — which is expected to create hundreds of jobs — on Nov. 4 in a second reading after unanimously voting in favor of the proposed warehouse on Oct. 7.
- Market Realist
Counterfeits Put Google in Trouble as InvenTel Lawsuit Cleared
A federal judge in New Jersey has cleared InvenTel Products to proceed with its lawsuit against Google (GOOGL), Reuters reports.
- Quartz
Facial recognition AI can’t identify trans and non-binary people
New research takes AI software from Amazon, IBM, and Microsoft to task.
- Zacks
Google Expands Device Lineup: Key Made by Google Takeaways
Alphabet's (GOOGL) Google rolls out Pixel 4 smartphones, Pixelbook Go laptop, Nest Mini, Nest Wi-Fi and Pixel Buds, which will bolster its presence in the electronic gadgets space.
- American City Business Journals
Cisco veterans, backed by $278M, aim to disrupt Amazon's cloud dominance
The team that sold billions of dollars worth of key businesses to Cisco Systems over the past 25 years are ready to talk about their latest startup. It's a San Jose business they say will "democratize the cloud."
- Yahoo Finance
Elizabeth Warren wants to break up big tech. Other candidates aren't so sure
Throughout the fourth Democratic presidential debate, Sen. Elizabeth Warren continued to argue for breaking up big tech companies, but not everyone on the stage was ready to take that stand.
- Yahoo Finance
CrowdStrike CEO gives perfect answer on post IPO stock price tumble
Crowdstrike remains a business on fire, even if some on Wall Street are voicing views to the contrary.
- Yahoo Finance Video
September retail sales drop for the first time in seven months
Retail sales dropped for the first time in seven months in September. Unexpectedly falling 0.3% last month. Analysts polled by Bloomberg had estimated a 0.3% increase. Charcy Evers, Retail Trends analyst joins Yahoo Finance's Akiko Fujita to discuss.
- Yahoo Finance Video
Retail sales unexpectedly decline 0.3% in September
Yahoo Finance’s Alexis Christoforous and Brian Sozzi dig into the retail sales numbers with Gregory Daco, Chief U.S. Economist at Oxford Economics.
