AMZN - Amazon.com, Inc.
| Previous Close | 1,752.53 |
| Open | 1,756.99 |
| Bid | 1,749.50 x 1100 |
| Ask | 1,750.50 x 800 |
| Day's Range | 1,743.03 - 1,760.53 |
| 52 Week Range | 1,307.00 - 2,035.80 |
| Volume | 2,274,535 |
| Avg. Volume | 2,939,776 |
| Market Cap | 869.028B |
| Beta (3Y Monthly) | 1.57 |
| PE Ratio (TTM) | 77.67 |
| EPS (TTM) | 22.57 |
| Earnings Date | Jan 29, 2020 - Feb 3, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2,183.86 |
- Yahoo Finance
'Totally on trend': Why a 'booty shakin' lllama is one of this year's hottest toys
With the holidays areound the corner, one of the most exciting items for kids this year might be “The Booty Shakin’ Llama,” according to “The Toy Guy” Chris Byrne.
- MarketWatch
Amazon has considered facial recognition in its Ring doorbells
The company told Sen. Ed Markey that facial recognition is a “contemplated, but unreleased feature” of its home security cameras but that there are no plans to coordinate that feature with its law enforcement partnerships.
- Zacks
3 Top-Ranked Cheap Tech Stocks Under $10 to Buy Before Thanksgiving
Here are 3 cheap tech stocks we found utilizing our Zacks Stock Screener that might be worth buying as we approach Thanksgiving...
- Investopedia
Heavy Hitters Drive Nasdaq 100 Performance
The strong performance of the Nasdaq 100 is being driven by five companies. Can the index move higher without its largest components?
- Zacks
The Retail Apocalypse
The economy is digitalizing and retail is no exception with Amazon and other online retailers sweeping through the entire space, creating the retail apocalypse.
- Bloomberg
Salesforce Conference Interrupted by Immigration Protesters
(Bloomberg) -- Salesforce.com Inc.’s annual software conference in San Francisco, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests against the company’s work with the U.S. government.Co-Chief Executive Officer Marc Benioff’s keynote speech was twice halted by activists complaining about the software maker’s contract with U.S. Customs and Border Protection, the agency that guards the U.S.-Mexico border and intercepts many immigrants. The first protester described Salesforce’s work as helping to support “concentration camps,” a reference to migrant detention facilities.Benioff told the first protester he would get 30 seconds to speak, then be asked to leave. Salesforce put a 30-second clock on the multimedia screen at a convention center room where Benioff was giving his Dreamforce presentation. After the time elapsed, security escorted the protester out of the room.“I want to tell you why I stopped the program and let him speak for 30 seconds,” Benioff said. “It’s because I value free speech in this country. I value everybody’s speech. When we’re talking about doing it together, all the voices have to be included. So I am so happy to hear from everyone today, who has every point of view and will take everything into consideration.”When a second group of protesters interrupted Benioff’s remarks, he didn’t give them time to speak.Benioff has made clear in the past that he would not cancel Salesforce’s contract with CBP, which he says doesn’t play a role in the agency’s enforcement of controversial immigration policies. He has described Salesforce, the leader in customer-relations software for the cloud, as a good corporate citizen, having donated 1% of its equity, products, and employees’ time to philanthropic causes -- a model that has been emulated by many younger software companies. Still, hundreds of Benioff’s employees called on him to reconsider the contract in 2018 and activists have continued to speak out against the deal. Last year, protesters brought a cage outside the Dreamforce conference to speak out against the CBP contract.Apart from the protests, Salesforce announced greater advancements with its voice-based artificial intelligence system, an expanded partnership with Amazon.com Inc.’s cloud-computing unit and more functionality in its Customer 360 initiative, which lets corporate clients unify data about their customers in one place.Benioff later held a fireside chat with Apple Inc. CEO Tim Cook. The two executives discussed the growing partnership between their companies as more clients use iPhones for work; Apple’s commitment to user data privacy; and Cook’s focus on sustainability efforts. Cook also joined the conversation about immigration. He mentioned his strong support for Deferred Action for Childhood Arrivals, a policy that lets some people who migrated to the U.S. as children legally stay in the country.(Updates with Cook’s appearance in the final paragraph. An earlier version of this story corrected the name of the agency in the second paragraph.)To contact the reporter on this story: Nico Grant in San Francisco at ngrant20@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Andrew Pollack, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Will Macy's Stock Continue Its Plummet After Q3 Earnings?
Macy's (M) will report its third quarter financial performance before the market opens on Thursday, November 21.
- Reuters
Amazon uses aggregated seller data to help business, it tells lawmakers
Amazon.com Inc uses "aggregated data" from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers. Such data, also culled from public sources and Amazon's first-party sales, is available to the company's retail and private brand teams, it said in an Oct. 11 document released by the U.S. House of Representatives Judiciary Committee on Tuesday. The panel, which is investigating potential breaches of antitrust law by big technology companies, also made public the responses from Facebook Inc , Alphabet Inc's Google and Apple Inc .
- MarketWatch
Target earnings preview: Nike could partner with Target now that it has ended sales on Amazon
Target is expected to report gains in the third quarter and analysts have a positive outlook for the holiday season.
- Zacks
Retail Earnings Results, Target Preview & A New Strong Buy Stock - Free Lunch
The latest retail earnings results from the likes of Home Depot. A look at what investors should expect from high-flying Target. And why Tempur Sealy (TPX) is a Zacks Rank 1 (Strong Buy) stock right now...
- MarketWatch
Macy’s stock dragged down 10% by data breach, Kohl’s earnings
Macy’s Inc. shares sank more than 10% in Tuesday trading after reports that the department store retailer experienced a data breach in October. According to a letter that went out to customers, Macy’s (M) was alerted to a “suspicious connection” between its website and another site on Oct. 15. Macy’s thinks an unauthorized computer code was entered on Oct. 7 that could capture customer information.
- Reuters
UPDATE 1-Google, Facebook, Amazon and Apple offer defense in congressional antitrust probe
WASHINGTON/SAN FRANCISCO, Nov 19 (Reuters) - Four top U.S. tech companies, Alphabet's Google, Facebook, Amazon.com and Apple, responded to questions from a congressional committee by defending their practices and declining to answer some questions. The House of Representatives Judiciary Committee, which released the answers Tuesday, had sent the queries as part of its antitrust probe of the four giants, which face a long list of other antitrust probes. Facebook and Apple declined comment for this story while Amazon and Google had no immediate comment.
- MarketWatch
It’s hard for shoppers to avoid Amazon — even in their ETFs
Amazon.com Inc. makes up an outsize share of the biggest consumer discretionary ETFs, a fact investors should keep in mind when researching such a trade.
- Zacks
Gearing Up for Holiday Season: Amazon Versus Walmart ETFs
Walmart has outperformed Amazon so far this year, having gained 29.1% versus the 16.7% gain for the latter.
- Zacks
Retail Trends Continue: Department Vs. Discount
Kohl???s and TJX???s earnings exemplifies how the brick-and-mortar retail markets have been playing out in recent years.
- American City Business Journals
Affordable housing hopes abound in Northern Va. as Democrats take power in Richmond
Virginia Democrats are salivating at what they might be able to achieve now that they’ve finally won unified control of state government, particularly when it comes to affordable housing. Northern Virginia’s representatives in Richmond, local lawmakers and housing advocates are all optimistic the new Democratic majorities in the General Assembly — and newly empowered Gov. Ralph Northam — will make the issue a priority when the legislature reconvenes in January. “We’re really excited about the investments in higher education and workforce that we’re seeing tied to Amazon, but where will those jobs sleep at night?” said Michelle Krocker, executive director of the Northern Virginia Affordable Housing Alliance.
- Investing.com
Day Ahead: Top 3 Things to Watch
Investing.com - Here's a preview of the top 3 things that could rock markets tomorrow.
- Bloomberg
Google, Facebook, Amazon, Apple Push Back on House Tech Concerns
(Bloomberg) -- Google, Facebook, Amazon and Apple defended their business practices in responses to detailed questions by lawmakers conducting an inquiry into antitrust issues in the tech sector.The answers, released Tuesday by the House subcommittee overseeing the probe, come as antitrust scrutiny of the companies has escalated rapidly, with federal and state enforcers opening formal investigations into Facebook Inc. and Alphabet Inc.’s Google.The four companies received the questions from Democratic Representative David Cicilline of Rhode Island, who chairs the panel, in September. Separately, the whole committee issued requests for extensive records on the firms’ business practices, acquisitions, executive communications and other issues. The companies also are in the process of responding to those requests.Here’s what the four firms said:GoogleDisputed the idea that it controls too much of the search market and the digital ad ecosystem.Downplayed suggestions that it prioritizes its own services.Denied that advertisers can only use Google Display & Video 360 ad service to purchase advertising inventory on its YouTube video platform, saying certain partners can buy ads directly from Google’s sales team.Denied that its search ranking system considers whether a publisher has adopted use of its Accelerated Mobile Pages -- a format that hosts web content directly inside search results. Google has said that the new format significantly accelerated loading times on websites.FacebookDefended policies that restricted some third-party app developers from using its platform, insisting it has never tied access to its data to spending on advertising even though documents from a lawsuit have told a different story.Said its changes to WhatsApp’s privacy policy were consistent with its promises not to alter the chat platform’s sharing practices.Explained that it restricted video app Vine from its platform in 2013 because it “considered Vine to be an app that replicated Facebook’s core News Feed functionality.”AmazonPushed back against criticism that it unfairly competes with third-party sellers in its marketplace with its own products, saying its decision-making for how third-party sellers are treated is driven by a desire to give consumers wide selection, low prices and convenient delivery.Defended its private-label line known as AmazonBasics, saying private-label products are a “common retail practice.” It said it “generally does not distinguish the treatment of brands” based on the brand owner.Said its algorithm for listing shopping results doesn’t consider whether a merchant uses its Fulfillment by Amazon logistics service or whether a product is Amazon’s private label.Said it prohibits its private-label business from using individual sellers’ data to make decisions about product introductions, pricing or inventory.ApplePointed out that there are many apps that compete with its own services such as web browsing, maps, music and video.Said that users cannot uninstall its Safari web browser from the iPhone or switch to another default because Safari is “an essential part of iPhone’s functionality” as an operating system app.Explained that it’s not possible to reliably repair some products “because it is not feasible to split products into its component parts without significant risk of damage to those components.”\--With assistance from Naomi Nix, Gerrit De Vynck, Joe Light, David McLaughlin and Mark Gurman.To contact the reporter on this story: Ben Brody in Washington, D.C. at btenerellabr@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Mark NiquetteFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- American City Business Journals
JBG Smith pitches another new mixed-use building in Crystal City, eyeing more office construction
JBG Smith Properties is rolling out plans for even more new construction in Crystal City, outlining details for another mixed-use building in the shadows of Amazon.com Inc.’s new headquarters. The Bethesda developer announced Monday it hopes to build a nine-story, 240,000-square-foot building on a vacant property at 101 12th Street S. The project would be one of JBG Smith’s northernmost efforts in National Landing, sitting not far from Long Bridge Park and Boeing’s massive facility near the Pentagon. The company is pitching the vast majority of the building (about 235,000 square feet) as office space.
- MarketWatch
Kohl’s confident over Amazon partnership despite guidance cut and 17% share plunge
Department store chain Kohl’s remained confident its Amazon partnership would boost sales despite cutting its full-year guidance ahead of the holiday season.
- Bloomberg
Don’t Read Too Much Into Home Depot’s Earnings
(Bloomberg Opinion) -- Home Depot Inc.’s DIY renovation project has hit some snags. But its stumble isn’t necessarily a warning sign about either consumer spending or the housing market.The big-box giant reported Tuesday that comparable sales rose 3.6% from a year earlier in the third quarter. That’s not exactly a weak increase, but it was well below analysts’ expectations. The growth was slow enough that the retailer cut its full-year guidance on this measure, sending shares down more than 5% in morning trading.On a conference call with investors, Home Depot executives didn’t suggest the results reflected any softening in the larger economy. The housing market looked “healthy and stable,” they said, and noted that growth in big-ticket transactions, those over $1,000, was strong — a sign that shoppers are spending with confidence.That sunny portrait of the consumer is similar to what Walmart Inc. described last week when delivering robust third-quarter results. And it is consistent with other readings of consumer sentiment.Instead, Home Depot said it suffered because some elements of its long-term strategic plan are taking longer than expected to benefit the company’s results. In particular, executives said it was proving challenging to upgrade its technology systems to better support their website for home-improvement professionals. The company had already slashed its sales guidance once this year, but that was largely because of factors beyond its control, including tariffs on goods coming to the U.S. from China and lumber price deflation. Today’s guidance cut is noteworthy because it suggests that even Home Depot, a generally well-run chain that has essentially been untouched by the retail apocalypse, is finding the shift to a more digital-centric business to be a bumpy one.These results should hardly leave anyone in a state of alarm about Home Depot’s future. Many mature retailers can only dream of 3.6% comparable sales growth at a time when Amazon.com Inc. is encroaching on their turf. Home Depot saw comparable sales growth in all U.S. geographic divisions and across all product categories except lumber and electrical — indicators of balanced, diversified strength. In addition, Home Depot has been conservative about opening new stores for years now, a prudent decision many of its industry counterparts have not been smart enough to imitate.The downside surprise at Home Depot also puts sharper focus on the quarterly results of Lowe’s Cos., which are scheduled for release Wednesday morning. Under CEO Marvin Ellison, Lowe’s is looking to change the perception that is an also-ran to Home Depot. A strong showing in a quarter when Home Depot disappointed could help Ellison do that.Whatever happens with its chief rival tomorrow, however, Home Depot’s results are a reminder that digital transformations in retail are extremely hard to execute.To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Michael Newman at mnewman43@bloomberg.netThis 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.
- Yahoo Finance Video
Spotify shares dip after Amazon expands music streaming
Spotify shares drop after Amazon announced that its free music service will expand to more devices like iPhones, Androids and Fire TV. Yahoo Finance’s Dan Roberts, Kristin Myers and Anjalee Khemlani break it down on YFi AM.
