1,756.00 +3.47 (0.20%)
Pre-Market: 9:10AM EST
|Bid||1,758.31 x 1100|
|Ask||1,757.00 x 800|
|Day's Range||1,722.71 - 1,753.70|
|52 Week Range||1,307.00 - 2,035.80|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||77.66|
|Earnings Date||Jan. 29, 2020 - Feb. 3, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,183.86|
The streaming wars are going to end in a two-horse race between Netflix and Disney+.
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (AMZN), announced that Western Union (WU) has selected AWS as preferred long-term strategic cloud provider, as it plans to move a significant portion of its infrastructure to the cloud. Western Union will be using AWS to build a more seamless and reliable experience for its customers who send money and payments to over 200 countries and territories through its mobile application, website, and agent locations around the globe. With this move to AWS, Western Union will migrate from current datacenters to a microservices architecture, gaining the ability to build and support its applications, regardless of scale, load, or complexity.
DHL Express is not worried about big online customers like Amazon becoming rivals as they build up their own logistics, the head of the courier arm of Deutsche Post said on Tuesday. DHL offers cross-border and time-critical deliveries, which online companies cannot yet do even if they are expanding their transport capabilities, Express head John Pearson said at the opening of a new logistics centre at the Cologne-Bonn airport. Amazon has begun hiring its own drivers in Germany and plans to open 11 more distribution centres to expand its delivery business in its second biggest market, the firm's German logistics chief told Reuters in September.
(Bloomberg) -- Crypto entrepreneurs Tyler and Cameron Winklevoss just made their first-ever acquisition, and the duo behind the company they bought couldn’t be more similar.Duncan and Griffin Cock Foster, 25, are also identical twins. While the 38-year-old Winklevoss brothers rowed in the 2008 Beijing Olympics, the other twins rowed in high school. That said, the Cock Fosters weren’t involved in the birthing of social network Facebook Inc.“You can’t make this stuff up,” Tyler Winklevoss said in a phone interview. “There are so many great parallels, it was just the right fit.”The two sets of twins came together over their belief in the future of so-called nifties. A niftie may be a cat from the CryptoKitties game, in which players breed the digital felines, or a token representing ownership in art, stamps and comic books -- an asset that is being kept track of via a blockchain digital ledger and is tradeable. To buy such a collectible, people typically have to open digital currency wallets, buy cryptocurrency on an exchange -- a process that can take hours and can be confusing.The Cock Fosters’ Nifty Gateway, which the Winklevoss’s Gemini Trust Co. bought for an undisclosed sum, lets anyone pay for nifties with a credit card, via a streamlined experience similar to checking out through Amazon. The company currently lets people buy nifties from Open Sea marketplace and CryptoKitties and Gods Unchained games. It doesn’t disclose its customer numbers or payment volume. But Duncan Cock Foster forecasts that nifties could one day attract 1 billion collectors. The Winklevoss expect that the market for nifties will be as big as the collectibles, art and gaming markets combined.“We believe in this future where all your assets will be on a blockchain and you may want to buy, sell and store them, and Nifty fits that vision,” Tyler Winklevoss said.While initially Gemini, with more than 220 employees, and Nifty, with three workers, will continue to operate as stand-alone companies, that could change, and some of Nifty’s features could make way into Gemini services.The Cock Foster brothers earned their bachelors of computer science and of mathematics, respectively, from different colleges in 2017 and entered the corporate world. Duncan Cock Foster worked as a developer for a consultancy for a year in San Francisco, while Griffin worked at Jet.com in the New York area, before they started Nifty in 2018.Duncan now owns about 300 nifties, and his brother -- 100. While most people currently don’t even know what the word means, the two sets of twins hope that will change.“All great companies, all great ideas there’s a period where you see a truth and many other people don’t, and you have to have that conviction,” Tyler Winklevoss said.To contact the reporter on this story: Olga Kharif in Portland at email@example.comTo contact the editors responsible for this story: Jeremy Herron at firstname.lastname@example.org, Dave Liedtka, Rita NazarethFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
TORONTO , Nov. 18, 2019 /CNW/ - Ian Williams has been named the winner of the 2019 Scotiabank Giller Prize for his novel Reproduction, published by Random House Canada, taking home $100,000 courtesy of Scotiabank. The gala was broadcast live commercial-free presented by Scotia Wealth Management on CBC, CBC Radio One and streamed live on CBCBooks.ca.
Today we searched for highly-ranked, large-cap stocks using our Zacks Stock Screener that dividend investors might want to consider buying. All three of the stocks also happened to be Dow components from completely different industries...
Ben Rains breaks down what's going on in the retail world after Walmart impressed Wall Street last week. We then dive into what investors need to know about Home Depot, Target, and Macy's ahead of earnings...
Canadian Tire Corporation Limited (CTC-A.TO) has been buying back stock steadily over the years. The company is investing significantly in e-commerce. Could this stock be the next Amazon of Canada?
(Bloomberg) -- Google announced plans to buy enterprise software firm CloudSimple Inc., another sign the search giant isn’t letting a flurry of antitrust investigations interrupt its expansion strategy.CloudSimple will join Google Cloud, a priority business for the Alphabet Inc. unit. The companies didn’t disclose financial terms.The acquisition could help Google get a foothold in a corner of the cloud-computing market where larger rivals, Microsoft Corp. and Amazon.com Inc., have run ahead. CloudSimple builds tools that help companies move information, applications, databases and other systems from in-house data centers to the public cloud.The Santa Clara, California-based startup specializes in VMware virtualization software, which helps businesses run corporate networks and business software more efficiently. VMWare’s large enterprise customer base has made it an attractive partner for the leading public cloud providers, including Google.In a Google blog post announcing the deal, Ajay Patel, a VMware Inc. senior vice president, said his company will continue to work with CloudSimple.In recent months, U.S. regulators and Congress have opened multiple inquiries into Google over competition concerns, including the company’s history of acquisitions. Since those probes began, Google has announced multibillion-dollar takeovers of Looker Data Sciences Inc., a cloud company, and Fitbit Inc., a device-maker.Google has argued that it has a small market share in cloud computing, enterprise software and consumer devices. Antitrust officials cleared Google’s $2.6 billion bid for Looker in early November.To contact the reporters on this story: Mark Bergen in San Francisco at email@example.com;Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Alistair Barr, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Shopify (TSX:SHOP)(NYSE:SHOP) shares are on sale, making today a great entry point for long-term investors. You won't find many better tech stocks out there.
The transaction, subject to mandatory closing conditions and shareholder approvals, will help both Softbank (SFTBY) and Line to pool their resources for gaining a strong foothold in the AI domain.
Amazon.com (AMZN) today announced plans for its second Mississippi fulfillment center, to be located in DeSoto County. The facility will create 500 new, full-time jobs starting at $15 an hour with comprehensive benefits starting on day one. “Mississippi has proven itself to be a great place for Amazon to do business and gives us the opportunity to better serve our customers in the region,” said Alicia Boler Davis, Amazon’s vice president of global customer fulfillment.
Kicking off this Friday, November 22, Amazon’s Black Friday deals week will offer new deals all day, every day from fashion to toys, home, electronics, Amazon Devices and more