|Bid||0.00 x 1200|
|Ask||0.00 x 1000|
|Day's Range||1,900.33 - 1,922.45|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||94.45|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,088.58|
Amazon Prime members will soon get packages delivered in one day.
Yahoo Finance's Jennifer Rogers, Myles Udland, Rick Newman, and Seana Smith break down Amazon's first-quarter earnings report.
The decision by Amazon (AMZN) to pull out of a deal to build a New York City hub in Long Island City sparked controversy across the board.
Hudson Yards in New York City has generated significant buzz among investors looking for new entertainment opportunities, but is it the only exciting development out there? GAMCO Investors Chairman and CEO Mario Gabelli doesn't think so. He joins Yahoo Finance's The Final Round to discuss.
to lobby for LGBT rights in Brunei after the country introduced a harsh new penal code. Eumedion, which counts several large Shell shareholders among its members, could confront the oil company’s chief executive Ben Van Beurden next week when it plans to address the company’s carbon emissions. Shell wields significant economic influence in Brunei through a government joint venture that generates 90 per cent of the country’s oil revenue.
Daimler, which makes armored limousines used by North Korean leader Kim Jong Un, says it has no idea where he got them and has no business dealings with the North
Amazon, which hooked shoppers on getting just about anything delivered in two days, announced Thursday that it will soon promise one-day delivery for its U.S. Prime members on most items. The company hopes that cutting delivery times in half will make its $119-a year Prime membership more attractive, since every other online store offers free deliveries in two days. Amazon also can't compete with Walmart and Target, where ordering online and picking up at a store is becoming more popular with shoppers.
Uber could aim to raise about $8 billion to $10 billion in the listing, though the final details of the pricing may still change, the people said. At the lower end of the range the price would value Uber just above its last private funding round, in which Toyota Motor Corp. invested at a valuation of about $76 billion. Uber is taking a conservative approach to its valuation and could later raise the price depending on investor demand, the people said.
Dow Jones futures: Intel tumbled late on guidance, a bad sign for chips and the stock market rally. Amazon earnings crushed views. Proofpoint fell on its outlook.
Shares rose as much as 2 percent in after-hours trade on Thursday as Amazon said faster shipping will come to customers around the world and said its profit more than doubled in the first quarter, trouncing estimates thanks to soaring demand for its cloud and ad services. Amazon expects to spend $800 million toward the shipping goal in the second quarter alone. "There's a lot of error bars around this programme, especially from the cost side," Amazon's Chief Financial Officer Brian Olsavsky told analysts on a conference call.
One of these days Amazon is going to need to reclassify the “other” part of its business. Amazon is the third-biggest online advertising business in the US after the Google/Facebook duopoly, with close to a tenth of the market. Along with cloud services, advertising is seen as one of Amazon’s stellar prospects, pulling the slower growing, lower-margin ecommerce business in its wake.
After the bell on Thursday, Amazon reported Q1 revenue of $59.7 billion (up 17% annually) and GAAP EPS of $7.09 (up 117%). Jeff Bezos' company also guided for Q2 revenue of $59.5 billion to $63.5 billion (up 13% to 20%) and GAAP operating income of $2.6 billion to $3.6 billion. Amazon's shares, which went into earnings up 27% on the year, finished after-hours trade more than 0.6% higher at $1,913.89.
California's Democratic governor has signed a law requiring companies like Amazon and eBay to collect sales taxes on behalf of some out-of-state sellers. The law comes after the U.S. Supreme Court ruled last year states can collect sales taxes from companies even if the company is based outside of the state's borders. After the ruling, existing state law required sellers with at least $100,000 of sales in California to register as a retailer and collect taxes.