AMZN - Amazon.com, Inc.
2,475.00 +3.96 (0.16%)
Pre-Market: 8:24AM EDT
| Previous Close | 2,442.37 |
| Open | 2,448.00 |
| Bid | 2,475.02 x 1800 |
| Ask | 2,475.50 x 1200 |
| Day's Range | 2,444.60 - 2,476.93 |
| 52 Week Range | 1,626.03 - 2,525.45 |
| Volume | 2,938,032 |
| Avg. Volume | 5,887,836 |
| Market Cap | 1.232T |
| Beta (5Y Monthly) | 1.35 |
| PE Ratio (TTM) | 118.03 |
| EPS (TTM) | 20.94 |
| Earnings Date | Jul. 23, 2020 - Jul. 27, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 2,675.96 |
- Yahoo Finance Video
Amazon benefitting from an accelerated shift to eCommerce, says UBS
UBS analysts led by Eric Sheridan reiterated their ‘buy’ rating and $3,000 price target on shares of Amazon, on the premise that there are several factors pointing to more room for the e-commerce giant to grow. Although COVID-19 will impact the company’s margins for 2020, long-terms drivers are still intact. The Final Round panel discusses the call.
- Yahoo Finance Video
Trump calls governors 'weak' on call, encourages crack down on protestors
Trump has video teleconference with governors and tells them to increase aggression towards protestors; Brands like Amazon, Disney, and Nike are responding to the protests across the country. Yahoo Finance's On The Move panel discusses.
- Motley Fool
Why Microsoft and Slack Compete
In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi discuss the competitive dynamics between Slack (NYSE: WORK) and Microsoft (NASDAQ: MSFT) and the enterprise software segment in general. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Dylan Lewis: It's Friday, May, 29th, and we are talking about the ongoing war between Microsoft and Slack.
ReutersUS STOCKS-Wall Street closes higher as recovery signs soothe protest, pandemic worries
U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions. All three major stock indexes began the month with gains of less than 1% on the heels of a strong rally in May. "Certainly the pace of the stock market recovery can't contnue at the pace it has been," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.
- Oilprice.com
The Big Tech Company Backing Canada's Oil Sands
Though Big Tech has played a key role in reducing global emissions, it still maintains a complicated relationship with the oil and gas industry
- Bloomberg
Pepper Spray Sales Soar on Amazon
(Bloomberg) -- Amazon.com Inc. shoppers are buying up pepper spray as demonstrations continue around the country and self-defense becomes top-of-mind for some Americans.A $9.48 canister of Sabre “max police strength” pepper spray shot up to the top-selling rank in Amazon’s sports and outdoors category Monday morning, supplanting normal best-sellers such as shorts and t-shirts, according to Marketplace Pulse, which monitors the site. A neck gaiter, which can cover the nose and mouth and became popular during the pandemic, is No. 2.One Amazon shopper named “Bill” left a 5-star review for the pepper spray May 31 and said “Put the cops down when they mess with you.” People are swapping recommendations for self-defense products on social-media platforms like Twitter, where users are posting links to Sabre pepper spray on Amazon.Protests have rocked U.S. cities since the killing in police custody of George Floyd, who was black. The authorities have charged police officer Derek Chauvin with Floyd’s murder. Some demonstrations have turned violent, with businesses looted and buildings and vehicles set ablaze.Sabre, which also makes stun guns and other products used by law enforcement, couldn’t immediately be reached for comment. A customer representative said all company executives were in a meeting. According to customer reviews, the pepper spray can be used for self-defense.An Amazon spokeswoman declined to comment. Amazon became a pipeline for household essentials such as toilet paper and disinfecting wipes for shoppers hunkered down at home to avoid contracting Covid-19. The spike in pepper spray sales shows how protests around the country are influencing consumer demand. Amazon’s best-seller product rankings provide a real-time gauge for sudden swings in consumer demand.(Updated with company’s decline to comment.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
Why Facebook Has a Better Shot at E-Commerce This Time
Online shopping is seeing a surge amid the pandemic, presenting Facebook with a big opportunity if it can succeed in a market that has long been out of its reach.
- Motley Fool
Low-Price Retailers Post High Growth
In this episode of MarketFoolery, Chris Hill chats with Fool.com contributor Dan Kline about the latest news from the markets. They look at the retail space and how retail businesses are serving underserved communities.
- Motley Fool
Netflix Makes a Smart Move in Its Quest for 100 Million Subscribers
The streaming giant has come up with a smart promotional plan to lure more subscribers in this fast-growing market.
- Zacks
Alphabet, Amazon, Broadcom, Gap and Campbell Soup are part of Zacks Earnings Preview
Alphabet, Amazon, Broadcom, Gap and Campbell Soup are part of Zacks Earnings Preview
- Motley Fool
Why Costco Could Be a Loser in the E-Commerce Boom
The warehouse retailer does a lot of things well, but online retail hasn't traditionally been one of them.
- TechCrunch
India rejects Walmart-owned Flipkart's proposed foray into food retail business
The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns a majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal Trade (DPIIT), a wing of the nation's Ministry of Commerce and Industry, told Flipkart, which competes with Amazon India, that its proposed plan to enter the food retail business does not comply with regulatory guidelines -- though it did not elaborate, according to a person familiar with the matter. Rajneesh Kumar, chief corporate affairs officer at Flipkart, told TechCrunch that the company was evaluating the agency's response and intended to re-apply.
- Bloomberg
With Protests Raging in U.S., Amazon Curbs Operations and Apple Keeps Some Stores Closed
(Bloomberg) -- Amazon.com Inc. scaled back deliveries and adjusted routes in cities including Chicago and Los Angeles, Apple kept some outlets shut, while Target Corp. extended store closures nationwide after the death of George Floyd sparked demonstrations across the country.“We are monitoring the situation closely and in a handful of cities we adjusted routes or scaled back typical operations to ensure the safety of our teams,” an Amazon spokeswoman told Bloomberg News.Apple had reopened about 130 of its about 270 stores following the coronavirus pandemic, and most of them were closed on Sunday, the company said in a statement.Protests around the country are complicating operations for companies from Amazon, which has been one of the few consumer-facing companies to generate new business during the pandemic, to Target, which still retains a heavy bricks-and-mortar presence.Based in Minneapolis where Floyd died in police custody, Target had already closed 32 stores in the area. On Sunday, it said it was closing dozens more around the nation, at least temporarily.“We are a community in pain,” Chief Executive Officer Brian Cornell said in a statement shortly after Floyd’s death. “That pain is not unique to the Twin Cities -- it extends across America.”In Chicago and Los Angeles, Amazon delivery drivers received messages Saturday night that said: “If you are currently out delivering packages, stop immediately and return home. If you have not completed your route, please return undelivered packages to the pick-up location whenever you’re able to do so.”Amazon was “in close contact with local officials and will continue to monitor the protests,” and would only re-open delivery stations when it’s safe and will plan delivery routes by monitoring demonstrations in every zip code, according to messages reviewed by Bloomberg.(Adds Apple from first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance
George Floyd protests, looting lead Target to temporarily close and adjust hours at 200 stores
Target takes steps to protect its workers and shoppers during the civil unrest sweeping the United States.
- TechCrunch
The Station: Amazon eyes Zoox, Aurora goes back to school and Cabana hits the road
Take a look at the most recent survey we conducted with a bunch of venture capitalists about mobility and what areas interest them most. A photo below, courtesy of Cris Moffitt, shows a sliver of the thousands of bikes at the yard in North Carolina. Keaks (Kirsten Korosec) has been working on a big(ish) story about JUMP for the last week.
- Motley Fool
2 Top Tech Stocks for a Post-Pandemic World
This is forcing data center operators to upgrade their capacities and capabilities to handle the increased load. Chinese giant Alibaba recently announced that it will spend $28 billion to bolster its data center infrastructure over the next three years in preparation for a post-COVID-19 world. Market research firm TechNavio estimates that spending on data center construction could increase at an annual rate of 10% through 2024.
- Motley Fool
Better Buy: Amazon.com vs. Google
It goes without saying that two of the very best companies in the world are Amazon.com (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google. In fact, Google and Amazon ranked Nos. Amazon and Alphabet tend to compete more and more with each other as time marches on, but each company still has a dominant market share of their respective core businesses: e-commerce for Amazon; digital advertising for Google.
- Motley Fool
Why Discount Retailers' Stocks Are Up
The stock market was underwhelmed despite strong results from major retailers. In this episode of Motley Fool Money, Chris Hill is joined by Motley Fool analysts Jason Moser and Ron Gross to go through the latest headlines from Wall Street, employment figures, the change in people's spending habits, and corporate debt. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
- Motley Fool
5 Great Stocks I Want to Own a Whole Lot More Of
While panic-selling can certainly be unnerving if you're a short-term trader, it's always been an opportunity to buy into great companies at a discount if you're a long-term investor. Throughout the 33-calendar-day decline in the broader market in February and March, I took the opportunity to add quite a few new companies to my investment portfolio. The single greatest thing about Intuitive Surgical is the fact that the company's operating margins are built to improve over time.
- Motley Fool
Should You Buy Amazon Stock?
Retail sales are migrating to the internet at an accelerated pace -- and Amazon.com (NASDAQ: AMZN) stands to benefit. On Monday, Nowak reiterated his "overweight" rating on Amazon's shares and raised his target price from $2,600 to $2,800. Amazon's stock is a great way for you to profit from rapidly growing e-commerce sales, according to Morgan Stanley analyst Brian Nowak.
- Zacks
Amazon (AMZN) to Retain Employees to Meet Spike in Orders
Amazon (AMZN) plans to convert a few of its temporary workers to permanent ones in a bid to meet the flurry of online orders amid this pandemic.
- Motley Fool
With Rumors Swirling of a Zoox Acquisition, How Would Amazon Use Autonomous Driving?
Putting new self-driving technology to use would cut some costs but also create new problems that still cost money to solve.
- Motley Fool
Unfazed by COVID-19, Okta Shows Off Another Strong Quarter
Despite the disruption from the pandemic, it was mostly business as usual for Okta (NASDAQ: OKTA) as the identity-and-access management company delivered another strong quarter. Shares of the SaaS (software-as-a-service) company had surged in recent months, more than a doubling from their bottom in March, as investors saw Okta as one way to play the work-from-home trend as enterprises and organizations are turning to the company to help facilitate remote access.
- Motley Fool
Where Will Shopify Be in 1 Year?
However 2020 shapes up, the company's momentum could be unstoppable in a post-coronavirus economy.
- Yahoo Finance
Why cable providers are expected to survive the rise in cord-cutting
Cord-cutting is expected to accelerate through 2021, but some say the financial consequences for U.S. cable providers will be limited.
