|Bid||41.36 x 300|
|Ask||41.66 x 300|
|Day's Range||43.01 - 43.79|
|52 Week Range||31.89 - 46.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.15|
Amazon largely exceeded its guidance in 4Q17, as its revenues of $60.5 billion came in at the highest end of its outlook and its operating profit of $2.1 billion easily topped its outlook of $1.7 billion. Amazon guided an 1Q18 operating profit of $300 million–$1.0 billion, but there’s a problem with this. Not only does Amazon seem to expect its operating profit in the current quarter to be flat year-over-year (at best), but its profit outlook also falls short of consensus estimate.
Amazon.com (AMZN) breaks down its revenues by the geographic segments of North America and International, and North America is the largest of the two. North America is usually the company’s fastest-growing geographic segment as well—and 4Q17 was no exception. What’s notable from Amazon’s 4Q17 results is that North America business growth accelerated, while International growth stayed flat sequentially.
The decision to gradually remove PayPal as eBay’s main payments processor, announced last month, could bring $2 billion of revenue and $500 million of incremental operating income to the online auctioneer over time, according to some estimates. Here are two reasons the analysts think eBay could be better off: • It could get more flexibility to serve customers around the world: “eBay will have much greater latitude to begin exploring / offering new payment methods, allowing it to localize the service even more to suit specific country-by-country tastes,” Wells Fargo wrote. “This may sound trivial based on PayPal’s already leading global scale among digital wallets, but when we consider the incidence of numerous other preferred payment options [in certain countries] and analogous examples such as Netflix, where the ability to integrate and offer preferred local payment methods is an important area of focus in removing friction, we would agree that eBay still stands to see broader appeal.
SAN FRANCISCO, Feb. 20, 2018 /PRNewswire/ -- StubHub, the world's largest event marketplace, teamed up with the NFL Players Association (NFLPA) to empower current and former players to realize their career goals after life on the field. As part of the NFLPA's Externship program, Quincy Enunwa of the New York Jets, Ben Koyack of the Jacksonville Jaguars, and recent Super Bowl champion Josh Andrews of the Minnesota Vikings (formerly of the Philadelphia Eagles) will participate in a three-week immersive business experience program at StubHub's headquarters in San Francisco.
As Sony (SNE) gears up to venture into a new product category of smart speakers with display screens in partnership with Alphabet’s (GOOGL) Google, it’s important to examine the company’s scorecard for a clue of what the future might hold for it. On February 2, Sony released its financial results for the quarter ended December 2017, its fiscal 3Q17. The company posted a ~400% increase in operating profit to 350.8 billion yen ($3.2 billion)—its best December quarter profit ever.
“Look what I’ve found on eBay, darling — Neil Woodford’ s halo. It says not worn since 2016 — no longer needed.” Copyright © 2015 The Financial Times Limited. Please don't cut and paste FT.com articles ...
After eBay announced it would no longer be using PayPal's payment processing services once its contract expires, shares of the online payment platform plunged in response. Is this a buying opportunity or a sign of more pain to come?
When Alibaba (BABA) recently released its fiscal 3Q18 earnings results, in which its revenues grew 56% and its net profit increased 36% YoY (year-over-year), it steered clear of mentioning its relationship with BigBasket, a rising star in India’s online grocery industry. Alibaba injected $146 million into BigBasket, making it the biggest shareholder in the online grocery company.
In fiscal 3Q18 (December quarter), Alibaba (BABA) received $600 million in revenues from Cainiao Network, a logistics services firm in which Alibaba owns a controlling stake. The Cainiao revenues represented 5.0% of Alibaba’s overall revenues for the quarter. Alibaba’s overall revenues rose 56% YoY (year-over-year) in fiscal 3Q18, and the company said that Cainiao was instrumental in driving that growth.
Walmart Inc is in talks to buy a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its biggest overseas deals, the U.S. retailer is looking at buying new and existing shares in Flipkart and due diligence is likely to begin as early as next week, the sources said. Terms under discussion were not immediately available, but Flipkart would be valued at more than the $12 billion figure given when Japan's SoftBank Group Corp's Vision Fund took roughly a fifth of the firm last year for $2.5 billion, they added.
The Information, a technology news site, recently reported that Amazon (AMZN) is in the process of ditching Oracle’s (ORCL) database and that it has already made significant progress toward this goal. Amazon, a leading player in the e-commerce and cloud computing industries, is one of Oracle’s largest database customers. Amazon’s motivation to move away from Oracle’s database is partly tied to a need to cut costs.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the next week in Federal Reserve news.