|Bid||1,841.65 x 1800|
|Ask||1,843.11 x 800|
|Day's Range||1,797.47 - 1,851.69|
|52 Week Range||931.75 - 1,851.69|
|PE Ratio (TTM)||232.49|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,863.23|
It's a big day for Amazon's EC2 cloud computing service today. Not only can
DAZN, the U.K. sports streaming platform, is launching in the U.S. in September with exclusive boxing and MMA fights and aims to be a Netflix for live sports.
Despite the massive glitches that prevented online shoppers from being able to
But you know who's winning in all of this... Jeff Bezos. According to Bloomberg's Billionaires Index- a daily tracker of the world's richest people, Bezos was worth more than $150 billion, which makes him the richest person in modern history. Behind Bezos on the index is Bill Gates with a $95.5 billion fortune followed by Warren Buffett with $83 billion.
* Update: Here's how to get around Amazon's error. Use smile.amazon.com. TechCrunch confirmed this workaround works.
Amazon’s (AMZN) share in the e-commerce market, its core business, is growing. The company has grown its share by operating at extremely narrow margins and luring customers with its Prime program. Amazon has been able to operate at cut-throat margins in its core business thanks to its strong cloud-computing and online ad margins.
There are four companies that make up FANG -- two are extended on the upside, one is experiencing a sharp decline today and the last one is at the top of large trading range or a bullish continuation pattern. Prices are back above the rising 50-day moving average line and the bullish 200-day moving average line. Trading volume was heavy into the late March nadir but the daily On-Balance-Volume (OBV) line only makes a shallow dip and then quickly climbed to a new high by early May before prices made a new high in June.
Here are some things going on today in the world of tech: Debating Those Ugly Netflix Numbers The Faang gang of stocks got a wobbly opening but is now solidly in the green, with Amazon.com (AMZN), Alphabet (GOOGL), and Facebook (FB) all rising. Netflix (NFLX), the proximate cause of the pain, is down $27.39, or almost 7%, to $373.09, which is something of a victory given it’s only half the decline the stock saw last night, after Netflix missed its own targets for net subscriber additions, and put expectations for more subscribers this quarter below consensus. The comments of management on the company’s video Q&A following the report is not exactly encouraging.
If traditional mall stores are doomed by events like Amazon.com Inc.’s Prime Day, nobody told Macy’s Inc. and Kohl’s Corp. bondholders. Amazon’s server glitches may have also given a fillip to the traditional retailers’ bonds. "Conventional retailers realize it’s an opportunity,” said Noel Hebert in reference to Amazon’s Prime Day.
Here Are Three Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose about a tenth of a percentage point on Tuesday. The blue-chip index has closed higher for 10 of the past 12 sessions.
U.S. stock-market bulls have had plenty of reasons to feel confident in their position of late. The S&P 500 is back at multimonth highs while the Nasdaq has returned to records, an uptrend that has spurred a resurgence in optimistic sentiment.
From one viewpoint, Home Depot (NYSE:HD) is a slam-dunk buy. After all, there’s a school of thought that investing simply comes down to owning the best businesses and holding them for the long-term. As Warren Buffett put it, “It’s far better to own a wonderful business at a fair price than a fair business at wonderful price.” And it’s hard to argue that Home Depot isn’t a wonderful business.
Amazon.com Inc. says Prime Day sales in the U.S. were “bigger than ever,” growing faster in the first 10 hours year-over-year, despite an early outage that kept many from shopping the event’s deals. Shortly after Prime Day launched at 3 pm ET, the site crashed with visitors greeted by an apology for the outage and pictures of dogs.
Cisco (NASDAQ:CSCO) finds itself back in the headlines over competitive fears from a new rival, Amazon (NASDAQ:AMZN) as the reactions from Amazon’s retail moves have re-emerged in the networking world. Cloud computing has changed, and it needs deeper integration with networking. Because Amazon may be acting out of necessity rather than aggression, investors should view any short-term negative effects on Cisco stock as a buying opportunity, not as a threat to Cisco’s ability to prosper.