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Zacks News
Amazon.com is one of the largest e-commerce providers, with sprawling operations in North America, now spreading across the globe. Its online retail business revolves around the Prime program well-supported by the company’s massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish footprint in physical grocery supermarket space. Amazon also enjoys dominant position in the cloud-computing market, particularly in the Infrastructure as a Service (IaaS) space, thanks to Amazon Web Services (AWS), which is one of its high-margin generating businesses
IBM-Avertra to Expedite Enterprise Digital Transformation
by Zacks Equity Research
International Business Machines (IBM) is teaming up with Avertra to help companies in the energy and utilities sector to expedite digital transformation.
Stock Market News for Jan 7, 2021
by Zacks Equity Research
Stocks ended higher on Wednesday, with the Dow and S&P 500 closing at all-time highs, as investors felt optimistic about additional fiscal stimulus following the Georgia runoff elections.
Ribbon's (RBBN) SBC SWe Platform Enhances Claro Brasil Network
by Zacks Equity Research
Ribbon (RBBN) extends collaboration with Claro Brasil to expand the latter's network infrastructure across Brazil on the back of SBC SWe software solution.
ROKU's Active Accounts Hit 51.2 Million on Cord-Cutting
by Zacks Equity Research
Roku (ROKU) witnessed strong growth in active accounts and streaming hours that reflects increasing cord cutting by U.S. households.
Green Dot Corporation (GDOT) Announces Launch of Mobile Bank
by Zacks Equity Research
Green Dot (GDOT) claims that GO2bank is a secure, seamless and affordable mobile banking solution.
The Zacks Analyst Blog Highlights: Dropbox, Trade Desk, Microsoft, DocuSign and Amazon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Dropbox, Trade Desk, Microsoft, DocuSign and Amazon
3 Stocks to Ride Bitcoin's Record-Breaking Start to 2021
by Tirthankar Chakraborty
With bitcoin touching new highs, it's imperative to watch out for stocks like PayPal (PYPL), Microsoft (MSFT) and JPMorgan Chase (JPM) that can tap the rising bitcoin trend.
Netflix's (NFLX) Bridgerton Hits the Right Chord With Viewers
by Zacks Equity Research
Netflix's (NFLX) strong original content portfolio that includes Bridgerton and the movie We Can Be Heroes, is expected to steer away competition as well as boost subscriber base in 2021.
Coty (COTY) Aids Beauty Categories With Kim Kardashian West Deal
by Zacks Equity Research
Coty (COTY) buys a 20% stake in Kim Kardashian West's business. The company's industry knowledge and Kim Kardashian West's robust following are likely to benefit both.
Iridium (IRDM) Boosts Remote Asset Tracking With Edge Solar
by Zacks Equity Research
Iridium's (IRDM) Edge Solar is a standalone and programmable, solar-powered device with Bluetooth capability for wireless sensor integration and local device connectivity.
Tiffany (TIF) Sparkles in Holiday Season, Posts Record Sales
by Zacks Equity Research
Tiffany's (TIF) strong sales in Mainland China and sturdy e-commerce business help post record holiday sales.
Amazon (AMZN) Expands Air Fleet With 11 Boeing Aircraft Purchase
by Zacks Equity Research
Amazon (AMZN) purchases 11 used Boeing 767-300 aircraft, which will help it enhance its delivery system.
5 Cloud Stocks to Watch Amid Rising Shift to Digitization
by Zacks Equity Research
Cloud computing looks poised to continue its robust growth as organizations adapt to digitization, making it wise to keep an eye on names like Dropbox (DBX) and Microsoft (MSFT).
Amazon (AMZN) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Amazon (AMZN) closed the most recent trading day at $3,218.51, moving +1% from the previous trading session.
3 Top Retail Stocks to Buy in 2021
by Benjamin Rains
Explore 3 highly ranked retail stocks that investors might want to consider buying this year that are not banking on a vaccine to help return the economy to normal anytime soon...
Alphabet (GOOGL) to Invest in ShareChat, Boost India Investment
by Zacks Equity Research
Alphabet's (GOOGL) division Google plans to invest in ShareChat in a bid to further expand in India.
Discovery (DISCA) Sets Foot in the Online Streaming Market
by Zacks Equity Research
Discovery (DISCA) enters the online streaming space with discovery+, which will be available in the United States on Amazon Fire Tv, Roku and other platforms, from Jan 4.
The Zacks Analyst Blog Highlights: Amazon, Apple, Google and Spotify
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Apple, Google and Spotify
5 Stocks to Benefit From the "As-a-Service" Revolution
by Aniruddha Ganguly
Robust spending on cloud computing services bodes well for SaaS, PaaS and IaaS service providers like TTD, ZS, DBX, MSFT and AMZN.
3 Stocks to Ride the Contactless Payment and Delivery Wave
by Shalu Saraf
We discuss three stocks, KR, GPN, WMT, which are poised to perform well on growing digitization like contactless payment and deliveries.
3 Stocks to Benefit From Increasing Adoption of Hybrid Cloud
by Anirudha Bhagat
Here we discuss three hybrid cloud stocks -- AMZN, MSFT & VMW -- that are well poised to benefit from the increasing adoption of hybrid cloud.
Bull of the Day: Shopify Inc. (SHOP)
by Benjamin Rains
Investors who missed out on Shopify's ride last year shouldn't be discouraged because the e-commerce age is just getting started...
5 Big ETF Stories of 2020 Worth Watching in 2021
by Sweta Killa
We discuss some of the events that dominated the headlines in 2020 and are worth watching in 2021.
Amazon Peps Up Music-Streaming Game Against Spotify, Apple & Others
by Shilpa Mete
Amazon (AMZN) signs an agreement to acquire Wondery to expand its podcast content, which is likely to improve its competitive edge against Spotify, Alphabet, Apple and Sirius.
Is IBM's Hybrid Cloud Strategy Headed in the Right Direction?
by Zacks Equity Research
International Business Machines (IBM) efforts to enhance its position in the hybrid cloud space look promising in the long run.