Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Amazon.com Inc. Add to portfolio

NAS:AMZN, Jan 21, 04:39 UTC

Latest NAS:AMZN News

Filter your feed

Apply Filter

Today


News

Is Amazon Set for Grocery Success During a Recession?

AMZN

A tumultuous end to 2018 and a slow start to 2019 have some market analysts whispering about a threat that was seldom mentioned during the longest bull market run in financial history: a recession. And while a recession is far from a sure thing, it's worth looking at how one might affect Amazon (NASDAQ: AMZN), a company like no other. Amazon started as an online bookstore, but it quickly shed the limitations that came with that and became an "everything store." If it could be shipped, Amazon would sell it (or would help a third party to sell it to you) on Amazon.com. And as Amazon grew and leveraged its size while cutting shipping deals, more and more things became cost-effective to ship. Whole Foods groceries can be ordered from Amazon Fresh and Prime Now, which are Amazon's grocery delivery and same-day delivery programs, respectively; and Whole Foods groceries are no longer available through online delivery competitor Instacart. Whole Foods has only around 2.5% of the grocery store market, which is well behind Walmart(NYSE: WMT), a big Amazon rival that has more than 5,000 physical locations (more than 10 times as many as Whole Foods has) and a 23% market share in groceries.

Read Full Details

Topics:
  • Business
  • Financial

Yesterday


News

These 5 Stocks Have Same Pattern As Amazon When It Launched 240% Run In 2016

AMZN

Workday stock and Dollar General stock lead top stocks to watch with handle buy points. Amazon stock launched a big run after a handle breakout in 2016.

Read Full Details

Topics:
  • Business
  • Financial

Saturday, January 19


News

Amazon's Rumored Streaming Video Game Service Holds Potential, but Faces Hurdles

AMZN

A report published recently in The Information said that Amazon(NASDAQ: AMZN) is working on cloud-based video game streaming service that would allow users to play top-notch video games (think the blockbusters that people buy new consoles just to play) without the need for high-end video game consoles. This could potentially catalyze a big change in an industry that's still dominated by physical video game disks and consoles. And for Amazon, the move would represent yet another large step toward selling more services to customers. The company bought Twitch, a platform that allows users to view video game livestreams, back in 2014 for $970 million. But this rumored offering would take Amazon's video game interest to an entirely new level, allowing the company to benefit from the ongoing shift from console gaming to mobile games. The highest quality video games have intense video processing demands that require high-end graphics processors, so any streaming service would require a heavy-duty cloud computing solution. But Amazon's Web Services (AWS) would easily be up to the task.

Read Full Details

Topics:
  • Business
  • Technology
  • Science
News

India Reins In Amazon and Walmart

AMZN WMT

It is the second-biggest economy in Asia and the world's second-biggest internet market, and it is growing rapidly. But India's government may have just stepped on the brakes by limiting how much Amazon.com(NASDAQ: AMZN) and Walmart(NYSE: WMT) will be able to control the market. Though the rules apply to everyone, it's clear India is targeting Amazon and Walmart, which have a combined market share in excess of 70%. Both have invested heavily in India -- Amazon has invested some $7 billion, while Walmart paid $16 billion for a majority stake in Flipkart -- and the government's crackdown will limit how they operate. Worse, it could inhibit the ability of consumers to enjoy the low prices and broad range of products most associate with the two retailers, and may deter other e-commerce companies from making investments in India.

Read Full Details

Topics:
  • Business
  • Financial
News

Austrian data privacy activist files complaint against Apple, Amazon, others

AMZN

Austrian data privacy activist files complaint against Apple, Amazon, others. VIENNA (Reuters) - Apple (AAPL.O) and Amazon (AMZN.O) are among eight tech firms named in a complaint filed in Austria by non-profit organization noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR). The action by noyb, chaired by data privacy activist Max Schrems, also named Netflix (NFLX.O), Spotify (SPOT.N) and YouTube (GOOGL.O), after it tested them by requesting private data the companies hold about the user. The GDPR, implemented in May, gives users the right to access their data and information about the sources and recipients of the data. Social networks must regain Europeans' consent every time they want to use their data in new ways, including for targeted advertising.

Read Full Details

Topics:
  • Business
  • Technology
  • Science

Friday, January 18


News

'Amazon for Teens' gives 13 to 17-year-olds moderated profiles

AMZN

'Amazon for Teens' gives 13 to 17-year-olds moderated profiles. NEW YORK - Amazon for Teens has launched, but parents will still have to pay the bill. The program gives teens from the age of 13 to 17 their own profile. Teens will be able to browse, read recommendations and place orders all on their own. After they've placed an order, parents will get either a text or email and can type the letter "Y" to approve the purchase. See more stories, photos and videos on Amazon.

Read Full Details

Topics:
  • Business
  • Health
  • Technology
  • Science
News

Amazon Stores Helping Build the Future of Business: More than 50,000 Small and Medium-sized Businesses Exceeded $500,000 in Sales in Amazon’s Stores in 2018

AMZN

Millions of small and medium-sized businesses from around the world are selling in Amazon’s stores and more than a million of them are based in the U.S. Small and medium-sized businesses selling in Amazon’s stores come from every state in the U.S., and from more than 130 different countries around the world. “This year growth of small and medium-sized businesses in our stores enabled business owners to create new products, provide greater selection to customers, and reinvest in their local communities through job creation,” said Nick Denissen, Vice President for Amazon. “Since we opened our shelves to third-party sellers in 2001, small and medium-sized businesses have been an integral part of Amazon’s DNA. “Selling on Amazon has been huge for Yedi Houseware,” said Bobby Djavaheri, Director of Sales & Development, Yedi Houseware.

Read Full Details

Topics:
  • Business
  • Financial
News

Asia's Richest Man Outlines Plan to Take on Amazon in India

AMZN GBPUSD

(Bloomberg) -- Reliance Industries Ltd. will roll out its online shopping platform to 1.2 million retailers and store-owners in western India, sketching out an ambitious plan to take on Amazon.com Inc. and Walmart Inc.’s Flipkart on its home turf. Mukesh Ambani, Asia’s richest man, intends to take on the world’s largest retailers by combining his Jio telecom service, mobile devices and a vast physical retail network. The energy-to-consumer conglomerate joins Amazon and Flipkart in expanding aggressively across the world’s fastest-growing major e-commerce market, where organized retail is still a rarity. “Jio and Reliance Retail will launch a unique new commerce platform to empower and enrich our 12 lakh small retailers and shopkeepers in Gujarat,” the Reliance chairman said at an event in the state on Friday.

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Thursday, January 17


News

The 1 Thing That Drove Amazon Prime Past 100 Million US Members

AMZN

Membership in the U.S. grew about 10% year over year in 2018, reaching 101 million Amazon customers in the fourth quarter, according to a survey from Consumer Intelligence Research Partners. That growth is actually a slight acceleration from the third quarter, which saw membership grow just 8%. But it's still below the 12% growth CIRP found earlier in the year. Over 25% of Prime members were on the monthly plan a year after Amazon launched the option. Providing more ways for monthly members to find value in their Prime membership after their initial signup is key to the continued growth of the program in the U.S. That said, Amazon is doing a pretty good job of maximizing the value of Prime members for its business as it is. So even with slower membership growth and higher subscriber churn, Amazon's subscription business ought to continue showing good revenue growth.

Read Full Details

Topics:
  • Business
  • Financial
News

Amazon.com to Webcast Fourth Quarter 2018 Financial Results Conference Call

AMZN

Amazon.com to Webcast Fourth Quarter 2018 Financial Results Conference Call. Business WireJanuary 17, 2019, 9:01 PM GMT. Amazon.com, Inc. (AMZN) announced today that it will hold a conference call to discuss its fourth quarter 2018 financial results on January 31, 2019 at 2:30 p.m. PT/5:30 p.m. ET. The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir. View source version on businesswire.com: https://www.businesswire.com/news/home/20190117005783/en/. What to read next.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
  • Entertainment