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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
Amazon (AMZN) to Open New Facility in Sioux Falls, Add 1K Jobs
by Zacks Equity Research
Amazon (AMZN) is planning to open a new fulfillment center in Sioux Falls. This will further expand its logistics and warehouse facilities.
Is Nvidia (NVDA) Stock a Strong Buy for 2021?
by Benjamin Rains
Nvidia has been on a tear in 2020 and a recent cool down might set up a better buying opportunity for NVDA stock as we head into 2021...
Buy Apple and Microsoft Stock Heading Into 2021?
by Benjamin Rains
Is it time to buy Apple (AAPL) and Microsoft (MSFT) stock as we get closer to 2021...
Amazon (AMZN) Return Options to Boost Holiday Shopping Experience
by Shilpa Mete
Amazon (AMZN) extends the return window and expands drop-off locations for returned items in a bid to deliver an enhanced returned experience this festive season.
Top 5 S&P 500 Stocks That Helped the Index Gain in 2020
by Aniruddha Ganguly
Here we pick five S&P 500 stocks -- NVDA, ETSY, AAPL, MSFT & AMZN -- that have helped the index deliver solid returns this year.
Will Zoom (ZM) Run Out Of Steam After COVID-19 Vaccine Arrives?
by Vasundhara Sawalka
Zoom Video's (ZM) efforts to eliminate security loopholes and the launch of Zoom From Home solutions are likely to boost clientele, despite expected decline in revenues as COVID-19 vaccine arrives.
PayPal (PYPL) Pledges Additional $5M to Support Racial Equity
by Zacks Equity Research
PayPal (PYPL) pledges an additional $5 million to support black and minority-owned businesses.
Amazon (AMZN) to Create Over 500 Jobs With New Fulfillment Center
by Zacks Equity Research
Amazon (AMZN) expands in North Little Rock with a new fulfillment center to enable faster delivery to customers.
FDIC Passes Final Rule, Raises Rivalry for Traditional Banks
by Radhika Saraogi
With the approval of final rule by FDIC, traditional banks are likely to face competition from Fintechs and other tech giants like Amazon (AMZN), Facebook (FB), Walmart (WMT), as they are likely to the grab opportunity and enter the banking space.
Buy Shopify Stock for 2021 As Long-Term E-Commerce Play?
by Benjamin Rains
One clear coronavirus standout and surefire long-term winner is e-commerce. Does that mean it's time to buy Shopify (SHOP) stock for 2021?
Rite Aid (RAD) Soars on Earnings & Revenues Beat in Q3
by Zacks Equity Research
Rite Aid's (RAD) Q3 results gain from solid demand, rise in same-store prescription count, strength in Elixir brand and robust online growth. Also, it is progressing well with RxEvolution strategy.
7 Nasdaq Stocks That Helped QQQ ETF Score Big in 2020
by Sanghamitra Saha
Technology stocks and ETFs have been star performers this year and made the tech-heavy index Nasdaq a winner.
The Zacks Analyst Blog Highlights: Amazon, Apple, Netflix, Facebook and Google
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Apple, Netflix, Facebook and Google
Can Microsoft (MSFT) Help FAAMG Surpass FAANG in 2021?
by Radhika Pujara
Microsoft (MSFT) is an all-rounder with encouraging prospects across cloud computing, gaming, enterprise communication and PC markets, which is expected to drive overall FAAMG group in 2021.
Walmart (WMT) To Host Livestream Shopping Event With TikTok
by Zacks Equity Research
Walmart (WMT) believes that the livestream event will grant a new way to interact with users, while reaching potential consumers.
Amazon (AMZN) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Amazon (AMZN) closed at $3,236.08, marking a -0.15% move from the previous day.
3 Sector ETFs & Stocks to Shine Despite Soft November Retail Sales
by Sanghamitra Saha
Retail sales in the United States fell 1.1% sequentially in November 2020, following a revised 0.1% decline in October.
ROKU Forges Deal With AT&T's WarnerMedia to Stream HBO Max
by Zacks Equity Research
Roku (ROKU) strikes carriage deal with AT&T owned WarmerMedia for HBO Max streaming service while the latter preps 2021 movie lineup for exclusive streaming release.
Facebook (FB), Google Accused of Illegal Ad Deal by US States
by Zacks Equity Research
Facebook (FB) woes mount as the antitrust probe with Google over ad revenues comes at a time when the company is dealing with the impact of the coronavirus pandemic.
What Will Drive the Next Leg of Growth for FAANG Stocks in 2021?
by Aniruddha Ganguly
The FAANG stocks -- AMZN, AAPL, NFLX, FB & GOOGL -- are expected to maintain momentum in 2021 based on rapid adoption of 5G and expansion into growth markets like India.
4 E-Commerce Stocks to Bet On With Above 100% YTD Gains in 2020
by Shilpa Mete
Here we pick four e-commerce stocks, OSTK, W, MELI and CVNA, with strong fundamentals, which are poised to yield strong investment returns.
November Retail Sales Spiral Down: Here's What You Should Know
by Sumit Singh
U.S. retail sales declined for a second successive month in November, thereby pointing to a sluggish start to the holiday shopping season.
3 Cheap Tech Stocks Under $25 to Buy for 2021
by Benjamin Rains
Here are three stocks from the broader tech sector that are trading for under $25 a share that investors might want to consider buying for 2021...
Hormel Foods (HRL) Expands Plant-Based Protein Offerings
by Zacks Equity Research
Hormel Foods' (HRL) new protein puffs are likely to add more gleam to its plant-based product line-up.
Amazon (AMZN) AWS Customer Base Strengthens With Twitter
by Zacks Equity Research
Amazon's (AMZN) AWS gets selected by Twitter as the strategic cloud provider for serving the latter's timelines.