AMZN -, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-20.00 (-0.64%)
At close: 4:00PM EDT
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Previous Close3,104.00
Bid0.00 x 900
Ask0.00 x 1200
Day's Range2,950.00 - 3,125.50
52 Week Range1,626.03 - 3,344.29
Avg. Volume4,810,208
Market Cap1.538T
Beta (5Y Monthly)1.32
PE Ratio (TTM)147.31
EPS (TTM)20.94
Earnings DateJul. 23, 2020 - Jul. 27, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2,852.48
  • Amazon is piloting worker healthcare clinics near its warehouses

    Amazon is piloting worker healthcare clinics near its warehouses

    Amazon this morning announced a partnership with Crossover Health to build worker healthcare facilities near its fulfillment centers. The plan is still in a pilot phase, as the e-commerce giant employs the services of Crossover, which builds clinics for corporate clients. The startup has built such facilities for Apple and Facebook, and was even rumored to be a potential target for an Apple acquisition a few years back.

  • Reuters

    US STOCKS-Wall Street surges, led by energy and materials

    Wall Street surged on Tuesday, with the Dow Jones Industrial Average ending more than 2% higher as investors bought energy and materials stocks and looked beyond a recent rise in coronavirus cases. In extended trade, Moderna Inc surged 18% after the biotech company's experimental vaccine for COVID-19 showed it was safe and provoked immune responses in an ongoing early-stage study. Extended trade in S&P 500 emini futures suggested investors expect Wall Street to rise on Wednesday, with the futures climbing 0.8%.

  • Reuters

    U.S. safety board cites cockpit crew failures in Atlas Air fatal crash

    The NTSB cited the first officer’s inappropriate response to an inadvertent activation of the airplane’s go-around mode at 6,000 feet that resulted in his spatial disorientation and led him to place the airplane in a steep dive from which it did not recover. Board members said the crash could have been prevented if the Federal Aviation Administration (FAA) had finalized a pilot records database. "The FAA has been dragging their feet through quicksand and not making sufficient progress," NTSB Chairman Robert Sumwalt said at a hearing Tuesday.

  • GLOBAL MARKETS-Stocks rebound on cyclical surge, gold edges higher

    GLOBAL MARKETS-Stocks rebound on cyclical surge, gold edges higher

    Global equity markets rebounded on Tuesday, buoyed by a surge in cyclical stocks on Wall Street as investors bet the economic recovery would overcome a rollback of California's reopening, while safe-haven gold prices solidified gains above $1,800 an ounce. The euro rose versus the dollar on optimism about the possibility of a European Union stimulus package, but market participants remained cautious, leading U.S. and euro-zone government debt yields to fall. A decline in U.S. consumer prices that showed core inflation remained well under the Federal Reserve's target of 2% sent Treasury yields lower, as did concerns about the rollback of business reopenings in California announced Monday.

  • Virus worries and FOMO drive options bets on surging tech giants

    Virus worries and FOMO drive options bets on surging tech giants

    Options investors are ramping up bets on some of this year's biggest winners, including Inc <AMZN.O>, Netflix Inc <NFLX.O> and Tesla Inc <TSLA.O>, even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak. Investors are betting that tech-related stocks will remain comparatively resilient to the coronavirus-fueled economic disruptions that have battered sectors such as retail and travel, despite growing concerns about stretched valuations following steep rallies. Analysts also see another factor driving the momentum stocks: fear of missing out, or FOMO.

  • Reuters

    US STOCKS-Wall Street ends higher, led by energy and materials

    Wall Street ended higher on Tuesday, led by a surge in the Dow Jones Industrial Average, as investors bought energy and materials stocks and looked beyond a recent surge in coronavirus cases. Limiting gains in the Nasdaq and S&P 500, Amazon lost ground, extending a rotation that began Monday out of many big-name technology and momentum stocks that have led much of the U.S. stock market's rebound since March.

  • Another Cloud IPO Has a Triple-Digit Debut, But Beware

    Another Cloud IPO Has a Triple-Digit Debut, But Beware

    (Bloomberg Opinion) -- The U.S. stock market has had a remarkable run since its coronavirus-induced swoon in March, with technology stocks from Big Tech to upstarts leading the comeback and soaring off their lows. A hot stock market tends to stoke demand for IPOs as well, and that’s exactly what has happened — especially in the area of cloud software and internet services. The latest manifestation of this phenomenon came on Tuesday, when cloud-banking software provider nCino Inc. surged more than 170% in its trading debut. The enthusiasm for this digital niche does make sense on a fundamental level. The pandemic has accelerated the spending shift to cloud-related technologies that enable the work-from-home and digital services we all need to live in a Covid-19 world. So, it’s natural that investors would latch on to the story and bid up many companies related to the space, including new issues. NCino isn’t alone: Cloud-based business-intelligence company ZoomInfo Technologies Inc. soared 62% in its first day of trading in June, while earlier this month, insurance digital-services startup Lemonade Inc. had a triple-digit percentage gain in its debut. All three are posting stellar growth rates and rely on cloud-based infrastructure to deliver their offerings.But a frothier environment is also a recipe for some on Wall Street to take advantage of the heightened investor interest. One potential IPO — Rackspace Technology Inc. — stands out as being particularly suspect. The cloud-computing service provider, owned by private equity firm Apollo Global Management, filed to go public last Friday. After looking at the offering documents, it appears Apollo and its name-brand underwriters such as Goldman Sachs Group Inc., Citigroup Inc. and JPMorgan Chase & Co. are trying to ride the recent wave of cloud enthusiasm with a subpar candidate. For those of us who remember, Rackspace was a second-tier data center and web-hosting company that had trouble competing with Amazon Web Services back when the investment firm took it private in 2016. It doesn’t look like much has changed since then.Simply, Rackspace’s anemic financial results punch a hole in its “cloud” narrative. The company doesn’t deserve to be put in the same breath as the recent big winners in the space. Whereas leading cloud companies have generated stunning sales increases over the past year, Rackspace posted no growth in 2019, according to the filing. And while its revenue did rise marginally about 8% in its March quarter, it is still nowhere in the vicinity of the sector’s best-of-breed. Never mind the fact it lost $48 million in those three months.To illustrate the disparity, cloud monitoring software provider Datadog Inc.’s sales surged by 87% in its latest reported quarter, while user authentication company Okta, Inc. generated revenue growth of 46%. Even Amazon Web Services, at its gargantuan size, saw sales increase by 33% in its March quarter to $10.2 billion, generating $3.1 billion in operating profit for the period. Companies need to show surging demand for their product and services to justify a cloud calling card. These companies do; Rackspace, not so much.On the flip side, one can argue the recent IPOs are widely overvalued. For example, nCino, ZoomInfo and Lemonade are trading at nose-bleed valuations of more than 50 times last year’s sales. But their track records and strong growth prospects can offer at least a shot at a better prospective future.At a time when the surging market has some invoking the word “bubble” and questioning the sustainability of the rally, investors need to look carefully at what bankers and Wall Street firms may be trying to off-load while the arrows are still pointing upward. They should look through the hype, sift through the numbers and analyze each company’s prospects on a case-by-case basis. Not all of the so-called cloud stocks are headed for the sky.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tae Kim is a Bloomberg Opinion columnist covering technology. He previously covered technology for Barron's, following an earlier career as an equity analyst.For more articles like this, please visit us at now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    US STOCKS-Dow jumps 1.6%, leads Wall Street higher

    Wall Street rose on Tuesday, led by energy and materials, as investors looked beyond a recent surge in coronavirus cases and rotated out Amazon and other recent strong performers. The S&P 500 energy, materials industrial , health and consumer staples indexes all jumped more than 1%. Limiting gains in the Nasdaq and S&P 500, Amazon fell 1.1%, extending a rotation that began Monday out of many big-name technology and momentum stocks that have led much of the U.S. stock market's rebound since March.

  • Walmart Leads $1.2 Billion Funding Round of Flipkart in India
    Motley Fool

    Walmart Leads $1.2 Billion Funding Round of Flipkart in India

    Walmart (NYSE: WMT) stock is getting a lift in Tuesday-afternoon trading, up more than 1% (the Dow Jones Industrial Average as a whole is up less than 1%) on news that the retail giant is expanding its influence in India. Two years ago, Walmart bought its way into the Indian e-commerce market with a $16 billion purchase of a 77% stake in local company Flipkart, India's No. 1 e-commerce company, ahead of No. 2 (NASDAQ: AMZN). Walmart and other, unnamed investors are investing a further $1.2 billion in Flipkart.

  • Amazon Workers in Memphis Are Spooked as Virus Rages in South

    Amazon Workers in Memphis Are Spooked as Virus Rages in South

    (Bloomberg) -- Employees at an Inc. warehouse in Memphis, Tennessee, say the e-commerce giant erred in withdrawing unpaid leave and has failed to ensure their safety just as colleagues fall ill with Covid-19 and the surrounding region suffers an explosion in cases.Workers at Amazon’s MEM1 facility say managers require them to continue working even when experiencing  symptoms. In one case, a worker told human resources he had headaches, a runny nose and loss of smell and taste, according to four people familiar with the matter. The worker got tested that day but kept working for five days until the results came back positive, the people said. In another instance, an Amazon employee training about two dozen new workers was pulled aside during a lunch break and told to go home because she had Covid-19, but those remaining weren’t immediately informed about their potential exposure, the people said.Earlier this year, about the time coronavirus cases began appearing at warehouses in New York, Pennsylvania and Minnesota, Amazon gave workers an extra $2 an hour and let them take leave with no questions asked. But as states in the Northeast and Midwest appeared to be getting the virus under control, the company ended those short-term programs and required workers to apply for sick leave—a process some employees say has been plagued by confusion and delays. Now that cases are exploding in Tennessee and other southern states, Amazon workers must show up for work or risk being fired. The Memphis workers say they get conflicting instructions, forcing them to make difficult decisions without clear guidance from the company. A key point of aggravation is being told to continue showing up by someone who’s allowed to work from home.“We feel like sitting ducks,” said one worker, who requested anonymity to speak freely without jeopardizing her job. “We don’t want to get sick or threaten our children and our families, and we feel like they are playing around with our lives.”It’s unclear how many workers have contracted the virus in Memphis, and Amazon has declined to provide a national or state-by-state tally despite pressure from several national politicians. A group of employees, who have been keeping their own spreadsheet of cases, said in June that there were more than 1,500 cases in Amazon warehouses around the country and more than a dozen in the Memphis warehouse. The company says the infection rate among workers at the facility is lower than the surrounding county.The company earmarked more than $800 million in the first half of the year on virus-related safety measures, including purchasing masks and hand sanitizer and installing thermal cameras and thermometers. Some employees have been redeployed to ensure workers are adhering to social-distancing guidelines among other safety-related tasks.In a statement, Amazon said: “Temperature checks are mandatory and if an employee is found to have a temperature above 100.4 then they are sent home and paid for their scheduled shift, up to five hours. Associates need to stay home until they’ve been fever-free for at least 72 hours without the use of fever-reducing medicine. If anyone is experiencing symptoms, in addition to or separate of, a fever, they are instructed to stay home until their symptoms subside.”Amazon Tells Staff Hand-Washing Time Won’t Be Held Against ThemWhile Tennessee hasn’t been hit as hard as Florida, Texas and Arizona, the Memphis area began reporting  a spike in Covid-19 cases at the end of June. Nearly 14,000 people have been infected and more than 220 have died from the virus in Shelby County, according to the Tennessee Department of Health. Shelby County, where the warehouse is located, had an infection rate of 33 per 100,000 people, among the highest infection rates in the state.Tennessee was among the first states to reopen its economy and paid for residents to get tested. But the recent surge in cases is forcing some cities to reimposes stricter measures because hospitals are overwhelmed. Memphis Mayor Jim Strickland last week extended a state of emergency; local health officials ordered bars to close for the foreseeable future and restaurants to close at 10 pm.Workers at the Memphis warehouse say colleagues began getting sick about the time cases surged in the area. Like Amazon workers elsewhere, they say the company isn’t providing enough information about new cases or how many people at the facility have tested positive or come down with Covid-19. Messages sent to workers are formulaic, vague and have arrived several days after workers were potentially exposed. One message sent to workers July 8 said: “We were recently notified that individuals who work at MEM1 have received a confirmed COVID-19 diagnosis. They were last onsite on 07/03/2020.”  Employees interpret the lack of transparency as a deliberate attempt by the company to mask the prevalence of the virus among the workforce, forcing them to make difficult decisions about their safety and financial well-being without facts.When managers told the Memphis warehouse trainer to go home mid-shift, the workers say they weren’t told why. They learned she had Covid-19 only because the trainer told them herself, they said. The trainees were relocated to another part of the building, the workers said. The employees said they complained to the Tennessee Occupational Safety and Health Administration and reported the cases to a Shelby County Health Department hotline, but there is little regulators can do. OSHA doesn’t have much oversight over the spread of germs in the workplace beyond making sure employees have access to soap and water for handwashing, agency spokesman Chris Cannon said. Joan Carr, a spokeswoman with the Shelby County Health Department, declined to comment on the workers’ complaints.Employees at the Memphis warehouse say they resent that unlimited unpaid time off is no longer available now that they could use it. Rather than creating a one-size-fits-all pandemic policy, they say, Amazon should tailor its response to local conditions—echoing the argument now being put forward  by school districts opposed to a wholesale re-opening amid the surge in infections. “It’s very scary,” one worker said. “They’re putting everyone at risk.”(Updates with company spending on safety measures. )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.

  • Amazon Applies 'Just Walk Out' Technology to Shopping Carts
    Motley Fool

    Amazon Applies 'Just Walk Out' Technology to Shopping Carts (NASDAQ: AMZN) wants to bring the "just walk out" technology that powers its Amazon Go convenience stores to your local supermarket. The Amazon Dash Cart will debut at the Woodland Hills, California, grocery store the e-commerce giant opened earlier this year, which is separate from its Whole Foods Market chain. Like the Amazon Go technology, the shopping cart version links to your Amazon account and, when you pass through a special checkout lane in the store, it automatically charges your account for the items in your cart.

  • 3 Issues Keeping HBO Max and Peacock Off Roku and Fire TV
    Motley Fool

    3 Issues Keeping HBO Max and Peacock Off Roku and Fire TV

    Two massive media companies launched new streaming services this summer: AT&T (NYSE: T) introduced HBO Max at the end of May, and Comcast (NASDAQ: CMCSA) started offering a preview of Peacock in April with a public launch this month. There are three big issues for AT&T and Comcast in their negotiations with Amazon and Roku.

  • Value Stocks’ Advantage Is Probably Short-Lived

    Value Stocks’ Advantage Is Probably Short-Lived

    (Bloomberg Opinion) -- Legendary investor Bill Miller, this week's guest on Masters in Business, is anything but your standard-issue value-stock money manager. He has owned high-flying stocks such as (Google parent) Alphabet and Amazon since their initial public offerings. At one time, he was one of the 100 biggest holders in Bitcoin, personally, buying the cryptocurrency between $200 and $400 (it recently traded at about $9,200). He has not yet sold any.Miller says that “value has led markets out of every recession as far back as the data goes.” That is because value stocks tend to be more cyclical and their returns on capital decline when the economy peaks. Whatever advantage value may have had will be short -ived, as growth will reassert itself.  Low nominal growth rates and low inflation are much more challenging for value stocks and make growth stocks look cheap.Miller rebooted his investing philosophy after the 1987 stock-market crash and his fund’s terrible market returns in 1989 and 1990. He began integrating academic research that had showed a benefit of focusing on return on capital through a market cycle. Instead of the using traditional measures embodied in generally accepted account principles, he focused on free cash flow yield, return on invested capital and full-cycle earnings.The result of these changes was the fund he was managing, Legg Mason’s Capital Management Value Trust, soon went on an unprecedented winning streak: after-fees returns beat the S&P 500 Index for 15 consecutive years from 1991 through 2005.Today, his firm, Miller Value Partners, manages more than $2 billion in client assets.A list of his favorite books are here; a transcript of our conversation is here.You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Overcast, Google, Bloomberg and Stitcher. All of our earlier podcasts on your favorite pod hosts can be found here.Be sure to check out our Masters in Business next week with Martin Franklin of Mariposa Capital. Franklin is credited with successfully reviving the use of special purpose acquisition companies, or so-called blank-check companies, as public vehicles for mergers and acquisitions with closely held companies.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”For more articles like this, please visit us at now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • TikTok’s India Rival Booms With 500,000 Users Added Every Hour

    TikTok’s India Rival Booms With 500,000 Users Added Every Hour

    (Bloomberg) -- In late June, when India banned 59 Chinese apps, including global sensation TikTok, the short-video platform stopped working for its 200 million local users. Within hours, an avalanche of new sign-ups pushed the servers of one of its Bangalore-based rivals, Roposo, to breaking point.Two weeks on, Roposo, which also offers short videos, says it’s peaking at 500,000 new users an hour and expects to have 100 million by month’s end. That’s almost double the 55 million it had before the ban, and puts Roposo among a profusion of Indian startups to benefit from TikTok’s troubles in the country.The ban from Prime Minister Narendra Modi’s government covered other big Chinese names such as Alibaba Group Holding Ltd.’s UC Web mobile browser and Tencent Holdings Ltd.’s WeChat messaging app, and came amid a brutal border face-off between India and China that left 20 Indian soldiers dead.While India cited privacy and security concerns, the restrictions are poised to dramatically alter the competitive landscape in the nation’s digital economy. They give local firms a fighting chance at winning a larger chunk of the country’s more than half-a-billion internet denizens. And they could pave the way for some Indian firms to compete more aggressively with global giants such as Inc. and Facebook Inc., who are also seeking to profit from one of the world’s largest digital booms.“It was a rocket ship instant for the country’s app startups,” said Naveen Tewari, founder of the startup that owns Roposo, munching nuts against the backdrop of the red-brick-walled study in his Bangalore home on a recent Zoom call. “We have a viable chance to become the world’s fourth technology hub after the U.S., China and Russia.”His decade-old digital advertising startup InMobi, Roposo’s parent, has in earlier years drawn investments from global names such as SoftBank Group. Last year, PayPal co-founder and billionaire investor Peter Thiel backed its unit, Glance, which acquired Roposo in November.Roposo features videos showcasing moves set to Bollywood music, humor minus the ribaldry, pranks, fashion and even jokes about the coronavirus pandemic. Roposo, as Tewari put it, is the app you won’t be embarrassed to show your mom.TikTok has faced censure from courts, women’s groups, users and governments for content seen as sexually explicit or for the depiction of events like acid attacks on women. Roposo and other Indian TikTok imitators, on the other hand, market their content as fun that’s more in line with India’s relatively conservative culture.TikTok didn’t respond to requests for comment for this story. In a June 30 statement, it said it was invited to meet government stakeholders to provide clarifications, and has and will continue to comply with security and data privacy requirements under Indian law. The Chinese app has in the past emphasized its efforts to moderate content and said its policies don’t permit videos that risk people’s safety, promote physical harm or glorify violence against women. Earlier this year, it suspended the account of a prominent content creator for posting a mock acid attack video.Many Indian apps have a late start, and most lack the sophistication and user-friendly interfaces of TikTok. Nor do they have the investment appetite and the deep pockets of the likes of TikTok parent Bytedance Ltd., which is the world’s most valuable startup and was valued at more than $100 billion in May.Still, the Indian government’s ban throws open multiple, billion user business models, said Manjunath Bhat, a senior director analyst at Gartner Inc. “India’s entrepreneurs didn’t lack talent, they were just short on ambition,” Bhat said. “The combined effect of the coronavirus lockdown and the app ban presents a never-before, never-again opportunity.”With Indian names like Chingari (Hindi for spark), Mitron (meaning friends) and Bolo Indya (Tell me, India), a string of small Indian TikTok challengers, have been notching up titanic user numbers since the ban on the Chinese apps. Some like the Moj app are barely weeks old.Battlers in other categories have also received a windfall as other Chinese names like highly-downloaded image scanner CamScanner were also blocked. The new contenders from a variety of categories have three themes in common. Their apps are made in India. Their data is stored in India. Their content, mainly in regional languages, is attuned to local sensibilities.The followers of an Indian spiritual guru, Sri Sri Ravishankar, created Elyments, an all-in-one rival for WhatsApp, Facebook and Instagram. Asia’s richest man Mukesh Ambani, of the Reliance conglomerate, launched JioMeet, a video conferencing rival to the popular San Jose-based Zoom.Sumit Ghosh, cofounder of Chingari, says many of the China short video apps have adult content designed to grab attention and ensure they go viral. “In contrast, our algorithms are built to ensure trash will never trend on Chingari,” said Ghosh. Its videos are slow-dripped to users to check for offensive content. If multiple users complain, videos are pulled off.Ghosh and his cofounder began building the app just over a year ago when data consumption started exploding. It catered to Indians in smaller towns who hungered for relatable, Indian language content. In the months that followed, the founders closely matched TikTok, feature for feature, adding everything from livestreams to AR filters, the computer-generated special effects that users can layer over real-life video and images.Bangalore-based Chingari, which had 3.5 million users on the day of the ban, says it has crossed 17.5 million. Its overwhelmed founders are now creating a company, Chingari Media Pvt. They are drawing up a corporate and equity structure, testing revenue strategies and growing their eight-engineer team. TikTok influencers – stars with huge following who market products and services - are popping up by the thousands on Ghosh’s Twitter asking to be on Chingari as verified users. He says his startup is in “late funding talks”.In New Delhi, Trisha Girdhar’s influencer management agency could portend the future. Until last month, TikTok accounted for the bulk of her earnings. Now, the 22-year-old is now straining to shift her star clients - influencers from far-flung towns like Akola, Nabha, Katni and Birati - to Roposo and other platforms. “Brands are looking seriously at our influencers,” said Girdhar who herself specializes in belly dancing videos and has a fan following on Roposo.Roposo itself is getting a deluge of influencer marketing agencies and celebrities wanting to come aboard. It’s discussing contracts with celebrity users and content creators. It’s investing in camera filters and Indian themes. “This isn’t an opportunity just for entrepreneurs,” said Tewari. “Investors ought to be rushing over.”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.

  • Bloomberg

    Amazon Develops Smart Shopping Cart for Cashierless Checkout

    (Bloomberg) -- Inc. has developed a smart shopping cart that will ring up purchases and let consumers check out more speedily.Equipped with a flat screen, the Dash Cart will debut at a new kind of supermarket Amazon is opening later this year in the Woodland Hills neighborhood of Los Angeles, the company said Tuesday.The e-commerce giant has been trying to stand out in the competitive physical retail market, most notably with its Amazon Go convenience stores that automate the checkout process.Earlier this year, the company confirmed that it will license a version of its Go technology, called “Just Walk Out,” to other companies. The system uses an array of cameras and algorithms to track shoppers as they browse and charge them automatically when they leave.Installing Amazon Go technology in existing stores would require shutting the location down for an extended period. By contrast, smart carts can be deployed without disrupting operations. It’s unclear if Amazon plans to license the Dash Cart to other retailers, but it already has competition: Caper and Veeve both sell carts that let shoppers scan products as they roam the aisles. Caper, for instance, is used in Ctown and Foodcellar in Long Island City, New York.Computer vision and sensors identify items as they’re placed in the cart, and shoppers will exit the store through a special lane that can identify the cart and process payment, the Seattle-based company said in an e-mail. The cart was designed for small- to medium-sized grocery trips and fits two grocery bags, Amazon said. It also features a coupon scanner.Photos of the Woodland Hills store and planning documents seen by Bloomberg appear to show a conventional supermarket layout, with space for a pickup-and-returns counter.The Verge reported on the cart earlier.(Updates with smart cart competion.)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.

  • Reuters

    Crowded trade, high valuations: why investors worry about tech stocks

    Some investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the Nasdaq Composite index to record highs despite the coronavirus-inflicted economic damage. Few can complain about the performance of the S&P 500 Growth index, whose components range from Netflix Inc to medical device maker ResMed Inc and is up more than 10% for the year to date while the broad S&P 500 remains down 2% over the same time. Instead, investors say the popularity of tech and growth stocks at a time of global economic uncertainty has left their valuations stretched and primed them for a decline.

  • 3 Warren Buffett Stocks Worth Buying Now
    Motley Fool

    3 Warren Buffett Stocks Worth Buying Now

    When Warren Buffett invests in a company, it pays to find out why. The legendary value investor bought his first stock at age 11 and now, 78 years later, he is the fourth-richest man in the world and the head of the $430 billion holding company Berkshire Hathaway  (NYSE: BRK.A) (NYSE: BRK.B). Berkshire's portfolio is publicly available through SEC filings, giving regular investors a glimpse into the mind of the oracle of Omaha.

  • Is Netflix Stock a Buy Right Now?
    Motley Fool

    Is Netflix Stock a Buy Right Now?

    After notching stellar gains so far in 2020, should investors buy one of the year's hottest stocks or take their money and run?

  • Amazon Makes Health Care Access Even Easier for Employees with Launch of New Third-Party Health Centers
    Business Wire

    Amazon Makes Health Care Access Even Easier for Employees with Launch of New Third-Party Health Centers, Inc. (NASDAQ: AMZN) today announced a health care pilot with Crossover Health, an expert in comprehensive primary care services, to establish local, convenient health centers near Amazon fulfillment centers and operations facilities across the country. The first Neighborhood Health Center location will be available for Amazon employees and their families in the Dallas-Fort Worth area.