|Bid||1,571.59 x 2800|
|Ask||1,572.50 x 100|
|Day's Range||1,567.50 - 1,589.44|
|52 Week Range||833.50 - 1,617.54|
|PE Ratio (TTM)||255.56|
|Earnings Date||Apr 25, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,670.66|
As Facebook looks to change its core offering, other social stocks such as Snap and Twitter are suddenly hot. Don’t forget about the ad business Amazon is growing too.
In the last week, three seasoned Amazon executives, including Amazon Prime chief Greg Greeley, were poached by Silicon Valley's most notable unicorns: Uber, Airbnb, and WeWork. Why?
Medical costs are doing something unusual: They’re growing more slowly than costs for other things that consumers buy, including restaurant meals, housing, and gasoline. Over the 12 months through February, medical inflation was just 1.8%, the Department of Labor wrote in a report last week. This will be of little comfort to most consumers, whose own out-of-pocket spending has soared for decades.
Outsized returns delivered by Amazon.com (AMZN.O), Netflix (NFLX.O) and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn. Amazon's 35 percent surge in 2018 has pushed its market capitalization up to $770 billion, equivalent to 3 percent of the S&P 500 and close behind Apple's nearly 4 percent share of the index. Apple (AAPL.O), Facebook (FB.O), Amazon, Netflix and Google-parent Alphabet (GOOGL.O) have grown their collective market value by more than 40 percent in the past year to $3 trillion, and they now account for a quarter of the Nasdaq Composite Index (.IXIC).
Investors looking for the next Netflix should consider this concrete producer, solar-equipment provider, and e-commerce facilitator.
In the competitive apparel sector of retail, e-commerce is expected to reach over 40 percent market share over the next five years, bringing in $200 billion in sales, according to a Morningstar analyst. "Despite beliefs to the contrary at many apparel retailers, U.S. consumers do not appear to value a brick-and-mortar presence," analysts Bridget Weishaar wrote in a Morningstar report released Friday called Stocks in Fashion 2018: Dressing for an Amazonian Storm. Amazon is the largest disruptive force in e-commerce and Weishaar said she thinks the company will do with apparel what it has done with books, toys, electronics, office supplies and is in the middle of doing with groceries.
Berkshire Hathaway Chairman and CEO Warren Buffett offered new details of his health care partnership with Amazon.com and JPMorgan Chase Monday. Buffett, Amazon CEO Jeff Bezos and JP Morgan CEO Jamie Dimon said in a joint news release in late January that they plan to initially focus on technology . "Our goal is really not just for the three companies, our goal is for something other people can pick up on," Buffett said Monday in an interview with CNBC .
Software giant Microsoft (MSFT) announced on March 14, 2018, that it plans to open its first data center in the Middle East. Abu Dhabi and Dubai will host Microsoft’s Azure, Office 365, and Dynamics 365 services in 2019. The Middle East was relatively late in adopting cloud-computing technology, meaning that there’s a lot of scope for growth in the region, which Microsoft wants to take advantage of.
Amazon's experimental lab, known internally as 1492 or Grand Challenge, has hired Taha Kass-Hout, former FDA Chief Health Informatics Officer.
Retail giant Walmart (WMT) will expand its home delivery of groceries from its current total of six cities to 100 cities by the end of this year as its rivalry with e-commerce king Amazon (AMZN) intensifies. Walmart will also offer same-day delivery in New York City. The announcement came as Walmart’s competitors in the space have started offering, or are likely to start offering, similar services.
The Consumer Discretionary Select Sector SPDR (NYSEArca: XLY), the largest exchange traded fund tracking the consumer discretionary sector, is higher by 7% year-to-date, but some analysts and market observers ...
Almost 70% of consumers surveyed said they would not use the Amazon Key In-Home Delivery Service, which allows the delivery person access to your home when you are away.
Though Prime Video has seen impressive growth, Netflix appears to still have a big edge in both total usage and viewing rates for marquee originals.
Germany-based package deliverer DHL will reportedly begin offering an e-commerce delivery service in eight U.S. cities.
Jim Cramer sits down with New Relic founder and CEO Lew Cirne to hear about how software strategies are transforming businesses from consumer goods to genetics.
Walmart's former executive accuses the company of issuing misleading e-commerce results under pressure to compete with Amazon. Aleksandra Michalska reports.