3,019.00 +18.88 (0.63%)
Before hours: 4:22AM EDT
|Bid||3,020.00 x 1400|
|Ask||3,025.00 x 800|
|Day's range||2,990.00 - 3,069.55|
|52-week range||1,626.03 - 3,069.55|
|Beta (5Y monthly)||1.32|
|PE ratio (TTM)||143.30|
|Earnings date||23 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2,826.39|
In a bull case, Tesla shares could surge as high as $2070, says Morgan Stanley’s Adam Jonas — though his official call is still bearish with a target of $740.
Amazon.com Inc <AMZN.O> has invested 23.10 billion rupees (£245.26 million) in Amazon Seller Services, an Indian unit, strengthening the business at a time when more people shop online in a bid to avoid crowded public places. Amazon Singapore made a significant portion of financing, data from business intelligence firm Tofler showed. The company, which competes with Walmart Inc's <WMT.N> Flipkart in India, has also been expanding its seller network in the country.
What happened Shares of Walmart (NYSE: WMT) climbed 6.8% on Tuesday after news broke that the retail titan is gearing up to take on Prime from Amazon.com (NASDAQ: AMZN). So what Walmart will launch a new subscription service later in July, according to tech site Recode.
Amazon (AMZN) closed the most recent trading day at $3,000.12, moving -1.86% from the previous trading session.
Levi Strauss & Co. (LEVI) reported Q2 earnings directly after Tuesday's closing bell, giving some sense of the abyss awaiting the Retail sector.
Also, Paychex earnings disappoint, and Becton, Dickinson was granted authorization for a 15-minute COVID-19 test.
Walgreens reports its Q3 FY20 financial results before the opening bell on Thursday, July 9. The question is should investors consider buying shares of the struggling pharmacy chain?
Retail giant Walmart (NYSE: WMT) is launching a subscription program later this month. The Walmart+ membership program will include fuel discounts, same-day shipping at no additional cost, and other perks, at an annual cost of $98. Walmart's subscription-plan ambitions were reported by Recode on Tuesday and confirmed by Bloomberg's anonymous insider sources.
Augmented Reality market booms with its increasing use cases. Companies like Microsoft (MSFT), Amazon and Facebook among others are putting strong efforts to bolster presence.
Amazon.com, Inc. (NASDAQ: AMZN) today announced plans to open its first fulfillment center in Little Rock, Arkansas. The new fulfillment center, which is anticipated to launch in 2021, will create over 1,000 new full-time jobs with industry leading pay and comprehensive benefits starting on day one.
The recent green signals for the overall economy and Nasdaq bull run seems to have intensified the race to $2 trillion market cap, bringing Microsoft (MSFT), Apple (AAPL) and Amazon (AMZN) in focus.
Amazon's (AMZN) Twitch sees an increase in viewer base in second-quarter 2020 on account of lockdowns due to the COVID-19 outbreak.
Amazon is well suited for times like this; it's easy to order from and a customer usually -- despite some supply glitches this spring -- gets their goods quickly, with no-contact delivery. Amazon also benefits from the retail apocalypse, which has accelerated because of the coronavirus and the stay-in-place mandates it has engendered (and which are coming back now that the outbreak is resurgent). It is inconvenient or impossible for customers to go brick-and-mortar stores in order to obtain necessary/wanted goods; Amazon is a default alternative for them to turn to.
By Christiana SciaudoneInvesting.com -- Amazon.com Inc. (NASDAQ:AMZN)shares dropped Tuesday as the e-commerce giant braces for Walmart’s rival Prime service to start operations this month.Walmart (NYSE:WMT) is up 4% to $123.65, trading close to the record $132.33 that it hit in April. Amazon closed at a record $3,057.04 Monday, up from $1,898 at the start of the year. Amazon was down 0.3% in midday trading on Tuesday.Walmart+ will cost $98 a year and include same-day grocery delivery, fuel discounts and other benefits, Vox reported, citing Recode. Amazon Prime, created in 2005, charges an annual fee of $119.The membership program was to have begun earlier this year but was delayed because of the coronavirus pandemic. Amazon is the biggest e-commerce retailer with a 38.7% share of the U.S. market, compared to Walmart, in second place with 5.3%, according to eMarketer. The Statista website reports that Amazon Prime has 112 million members in the U.S. Prime includes entertainment like video and music streaming, and Walmart plans to add video capacity at some point to its membership program. On July 1, Walmart announced a virtual summer camp and drive-in movie theaters in its parking lots.
As of late, it has definitely been a great time to be an investor in Amazon.
Slack (NYSE: WORK) and Datadog (NASDAQ: DDOG) were both major software IPOs last year. Datadog, which arrived via a traditional IPO last September, helps companies analyze their full infrastructure -- including cloud services, servers, apps, services, and more -- on a single real-time dashboard. Both companies provide innovative services, but investors clearly favored Datadog over Slack.
When coronavirus took hold in the US in March, Christian Zamarrón and his colleagues at an Amazon delivery centre in Chicago were given an extra $2 an hour — a reward for being thrust into the frontline of America’s pandemic response. In June, Amazon withdrew the extra pay — one of a number of companies to do so. Mr Zamarrón was one of the leaders of a series of protests over claims that Amazon was doing too little to protect its workers — part of a burst in labour activism during the coronavirus crisis.
At that price, the e-commerce and cloud computing titan's market capitalization now exceeds a staggering $1.5 trillion. Many of Amazon's third-party merchants source their goods from Chinese manufacturers. Shipping delays have weighed on these merchants' -- and, by extension, Amazon's -- sales and profits in recent weeks, and a return to more normal shipping times will be a welcome relief for businesses and customers alike.
The stock market enjoyed a big bull market on Monday, and the Nasdaq helped lead the way. The Nasdaq Composite (NASDAQINDEX: ^IXIC) index climbed more than 2%, and the Nasdaq 100's gains amounted to 2.5% by the end of the day. The name of the game for Nasdaq investors in 2020 has been momentum, as winning stocks have tended to keep winning.
Stocks rose sharply Monday morning, after new economic data showed a much stronger than expected rebound in US service sector activity in June. The upbeat data helped investors shake off fears over rising infections, with coronavirus cases continuing to march higher globally and domestically.
Amazon's Prime Video is finally adding a feature that's long since become a standard for streaming video services: user profiles. With profiles, Prime Video users will have access to their own Watchlist, personalized recommendations, and they'll be able to track their own viewing progress, similar to rival services, like Netflix. Customers can create up to six profiles for their household members, including one primary profile associated with the Amazon account, plus five additional profiles, which can be a mix of adult and kids' profiles.
The Zacks Analyst Blog Highlights: Abbott Laboratories, Zoom Video Communications, Amazon.com and NVIDIA