|Day's range||0.6400 - 0.6400|
Amazon may be looking to offer a new service for its Prime members. Bloomberg News is reporting Amazon is in early talks with wireless companies to offer mobile phone plans for its U.S. Prime members. Yahoo Finance Tech Editor Dan Howley explains why Amazon may want to expand its Prime offerings.
In its first-quarter earnings announcement last week, Amazon (NASDAQ: AMZN) delivered a better-than-expected revenue number. The stock fell after the report came out, but then it rebounded. As of June 2, it has increased by 45% in 2023.
After releasing what could end up being the highest-grossing animated film ever, Nintendo (OTC: NTDOY) just followed up the Super Mario Movie with a record-breaking new Zelda game. Called Zelda: Tears of the Kingdom, the latest iteration in the long-running franchise is officially one of the top-rated games ever, and is all but guaranteed to be one of the top-selling Nintendo titles ever. Here's the scoop on Nintendo's blockbuster title and how it could impact the business financially.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
Let's consider three stocks that could: Vertex Pharmaceuticals (NASDAQ: VRTX), DexCom (NASDAQ: DXCM), and Amazon (NASDAQ: AMZN). Vertex Pharmaceuticals is doing great things. One of the drugmakers that was closest to entering this market with competing products recently threw in the towel.
The stock market has given investors a wild ride over the past two years. Meanwhile, some growth stocks are already on the rebound but still trading well off their previous highs. Let's see why three Motley Fool contributors believe now is a good time to buy shares of Amazon (NASDAQ: AMZN), Roku (NASDAQ: ROKU), and Home Depot (NYSE: HD).
In this podcast, Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Nvidia's AI-fueled earnings report and the company's historic pop. Intuit's latest results and how proposed IRS free-file software could affect the company.
The legendary investor won't be concerned about potentially missing out on a huge AI opportunity.
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."
Amazon (AMZN) closed at $124.25 in the latest trading session, marking a +1.21% move from the prior day.
Telecom stocks including AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS) were all pulling back Friday on some surprising news. According to Bloomberg, Amazon (NASDAQ: AMZN) is considering entering the wireless market, as it's held discussions about offering nationwide mobile phone service to Prime members, either for free or at a discount. Bloomberg said that Amazon is negotiating with Verizon, T-Mobile, and Dish Network (NASDAQ: DISH) to get a low wholesale price for service that it could then turn around and offer to Prime members for $10 a month or even free as an incentive to join and stick with the membership program.
Shares of Dish Network (NASDAQ: DISH) are up 17.1% as of 2:02 p.m. ET Friday in response to reports that Amazon (NASDAQ: AMZN) is considering a partnership with the company that could offer low-cost or no-cost wireless service to Amazon Prime subscribers. The same possibility was floated by The Wall Street Journal a little over a week ago. Perpetually looking for ways to attract and retain Prime subscribers (who tend to spend more at Amazon.com than non-Prime members), Amazon offers a suite of digital offerings like on-demand video, audiobooks, discounted restaurant delivery, and free shipping on most items ordered online.
TripAdvisor (TRIP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of Amazon (NASDAQ: AMZN) stock gained 14% in May, according to data provided by S&P Global Market Intelligence. It's building on the momentum of a public craze about the possibilities of artificial intelligence (AI), as management announced its own generative AI efforts back in March and then debuted several new AI-powered devices in May. Amazon had been losing some steam over the past year as sales growth decelerated in the aftermath of astronomical pandemic growth, and profitability has been pressured as demand slows.
For income-focused investors, dividend exchange-traded funds (ETFs) can be a great way to balance risk and return. That's because they represent a basket of stocks -- meaning ETF investors have built-in diversification.
Every time you turn around, AI has done something amazing. These three companies are set to capitalize on the AI revolution.
With its dominance in the industry, it's hard not to mention Amazon (NASDAQ: AMZN) when discussing e-commerce stocks. The company has a massive lead in the market with its 38% share; Walmart holds the second-largest share at 6.3%. Amazon's authority in e-commerce means it has the most to gain from easing inflation and a market recovery.
The e-commerce and tech giant is about to cash in on the investments it made over the past three years.
Alphabet, Apple, Microsoft, and Amazon are just part of the elite group of companies that have market caps of $1 trillion or more. Their CEOs are paid handsomely, though some are getting pay cuts. Andy Jassy, CEO of Amazon, saw a huge dip in compensation, going from $212 million in 2021 to $1.3 million in 2022. Tim Cook, CEO of Apple, brought in $84 million in 2022, however, he is expected to see a 40 percent drop in 2023. The Yahoo Finance Live team breaks down the numbers.
Second, customers had less money to spend on Amazon.com and on the company's cloud computing services. As a result, Amazon reported a rare annual loss. As mentioned above, rising inflation has weighed on Amazon.
Amazon is known for its low prices. But read on to see how you might manage to save even more on select items.
Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) hold the two largest market shares in cloud computing with their respective services: Amazon Web Services (AWS) with a 32% share and Azure with 23%. As a result, one of these companies looks poised to become a dominant figure in both the cloud and AI markets, making their stocks compelling investments. Amazon's biggest asset is its lead in the cloud market with AWS.
Amazon (AMZN) announces the general availability of its purpose-built security data lake, called Amazon Security Lake.
ATLANTA, June 01, 2023--Amazon announced today that it has more than doubled the capacity of its Disaster Relief Hub in Atlanta by prepositioning 2.4 million relief items ahead of the 2023 hurricane season, which officially begins today. The items will be distributed in the wake of natural disasters to nonprofits and other aid partners that quickly help communities impacted by hurricanes or other disasters. The Disaster Relief Hub is a dedicated space within Amazon’s global logistics network to