|Bid||1,809.01 x 800|
|Ask||1,809.30 x 800|
|Day's Range||1,804.26 - 1,844.00|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.74|
|PE Ratio (TTM)||75.45|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,170.21|
The ugly stick is being taken to dying department store J.C. Penney's stock price.
President Trump walked out of an infrastructure meeting after Nancy Pelosi accused him of participating in a 'cover up'. Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Andy Serwer break down the details.
Katherine Prescott, Founder & CEO of VoiceBrew, joins The Final Round to discuss how Amazon is leading the way with voice assistants.
Amazon's investors voted today to reject the notion of banning the sale of facial recognition technology to governments and law enforcement agencies. Yahoo Finance's Dan Howley joins Seana Smith.
Amazon's investments in private tech firms in general have ticked up in recent quarters, and in February, that included leading a $700 million round in Rivian, a maker of electric trucks. The interest in the auto industry runs all the way to the top: CEO Jeff Bezos told employees at a recent all-hands meeting: "It's going to be something very interesting to watch and participate in, and I'm very excited about that whole industry," specifically citing electric vehicles, connected cars and "Uber-ization," CNBC reported. It's been evident for some time that Amazon is angling for more control over the transportation and logistics side of its business.
Within two years, billionaire Elon Musk's firm will have more satellites in orbit than all of Earth's other satellite operators combined.
Let's see if investors should buy Lululemon stock heading into its first-quarter fiscal 2019 earnings results?
Amazon is getting into the health-tracking wearables space, according to a new report. It would help Amazon learn more about customers and potentially corner the market on a demographic of older, sicker users that mirrors the aging American population. Amazon is reportedly considering a health-tracking wearable — and a lot of people in the health industry think it makes perfect sense.
, the online retail giant, is working on a voice-activated wearable device that can recognize human emotions, Bloomberg reported. The wrist-worn device was described as a health and wellness product, according to internal documents that Bloomberg said it had reviewed. The product is a collaboration between the Alexa software team and Lab126, a Sunnyvale, California-based research and development and computer hardware company owned by Amazon that came up the Fire phone and Echo smart speaker.
Ireland must be open to considering a broader concept of how companies are taxed in the modern digitalised world, Finance Minister Paschal Donohoe said on Thursday, setting out his country's stall in a debate that is key to its economy. The growth of internet giants such as Google, Facebook and Amazon has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms. The debate centres around the booking of profits by multinational firms in low-tax countries such as Ireland where they have bases rather than where most of their customers are.
Ireland must be open to considering a broader concept of how companies are taxed in the modern digitalized world, Finance Minister Paschal Donohoe said on Thursday, setting out his country's stall in a debate that is key to its economy. The growth of internet giants such as Google, Facebook and Amazon has pushed international tax rules to the limit, prompting the Organisation for Economic Cooperation and Development (OECD) to pursue global reforms. The debate centres around the booking of profits by multinational firms in low-tax countries such as Ireland where they have bases rather than where most of their customers are.
NEW DELHI/AYODHYA, May 23 (Reuters) - Indian Prime Minister Narendra Modi scored a dramatic election victory on Thursday, putting his Hindu nationalist party on course to increase its majority on a mandate of business-friendly policies and a tough stand on national security.
SpaceX will attempt to launch its first wave of operational satellites for a space-based internet Thursday night after a week-long delay.
The size of Amazon's fulfillment center portfolio, revealed Wednesday, has grown by tens of millions in the past two years.
After 26 years, billionaire hedge fund manager David Tepper is shutting down his Appaloosa LP to outside investors. The Wall Street Journal has reported Tepper plans to return outside clients’ money as ...
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced the general availability of AWS Ground Station, a new service that makes it easy and cost-effective for customers to control satellites from AWS and download data from satellites into AWS Global Infrastructure Regions using a fully managed network of ground station antennas located around the world. Once customers upload satellite commands and data through AWS Ground Station, they can quickly download large amounts of data over the high-speed AWS Ground Station network, immediately process it in an Amazon Elastic Compute Cloud (Amazon EC2) instance, store it in Amazon Simple Storage Service (Amazon S3), apply AWS analytics and machine learning services to gain insights, and use Amazon’s network to move the data to other regions and processing facilities.
While Amazon (AMZN) was founded as an online retailer, there are enormous opportunities the company is pursuing elsewhere. The e-commerce giant continues to branch out into other parts of business, including its growing Web Services division, logistics arm and advertising network. A few days ago, it was reported that CEO Jeff Bezos told employees he was “very excited” about the auto industry, after the company invested in EV startup Rivian. Furthermore, Amazon recently crossed the billion-dollar mark of private investments for the first time since it began reporting in 2015, indicting investment in non-Amazon businesses is up big. With that in mind, Cowen analyst John Blackledge remains bullish on Amazon stock at these levels, as he reiterates his Outperform rating with a $2,400 price target. If the price target is reached within 12 months, that would provide a 12-month return of nearly 30%. (To watch Blackledge's track record, click here)After talking to consultants and ex-Amazon employees, with “color [being] largely positive,” Blackledge likes Amazon’s stock heading into the second half of the year. Amazon’s one-day shipping for Prime is a notable development for Blackledge, who says this signals “Amazon has been building their logistics offering for faster shipping speeds,” which should “help drive higher customer conversions and unit growth, boosting sales growth.” It also sends a message to USPS, UPS and FedEx, that Amazon will not rely on them forever, as the company continues to invest in and grow its logistical capabilities.On advertising, Blackledge says his experts' Amazon clients are “spending notably more y/y,” which is helping contribute to Amazon’s growing ad business. The analyst says Amazon allows “clients [to] correlate advertising to sales in real-time, which is a driver of rising ad spend” and an advantage of Amazon. Blackledge estimates ad revenue at about $13 billion for this year, or 42% higher than last. In the next five years, the analyst estimates ad revenue to grow to $34 billion. Blackledge noted, "Our experts are now essentially mandating a certain level of AMZN ad spend in their clients' contracts. As of late last year, Amazon effectively rebranded its various ad businesses (AMG, AMS, AAP) under “Amazon advertising.” Our experts mentioned that within AMG, where AMZN manages display advertising campaigns both on and off AMZN, among other branding products, the company has introduced more entry level products at ~$10K/month with more and better tracking vs. prior entry of ~$50k/month, which is driving adoption by 3P sellers."All in all, with a diversifying stream of revenue and dominance in the fast-growing e-commerce market, Wall Street has many reasons to love Amazon. TipRanks analysis of 34 analyst ratings on the stock shows a Strong Buy consensus, with all 34 analysts recommending Buy. The average price target among these analysts stand at $2,226.88, which represents about 20% upside. Read more on AMZN: * Amazon (AMZN) Continues Diversifying; J.P. Morgan Bullish on the Stock * Top Analyst Reiterates Positive Stance on Amazon Stock as Investors Digest Earnings More recent articles from Smarter Analyst: * Trump's Trade War Hits U.S. Tech Companies from California to North Carolina * Trade Tensions Bring Down Micron (MU) Stock, But Cascend Is Still Bullish * Evercore ISI Weighs in on Qualcomm (QCOM) in Light of Legal Setback * Cannabis Stock Pick of the Week: Zenabis Global