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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
Anaplan (PLAN) Q3 Loss Narrower than Expected, Revenues Up Y/Y
by Aniruddha Ganguly
Anaplan's (PLAN) third-quarter fiscal 2021 results reflect a growing subscriber base and an expanding enterprise clientele, driven by higher demand for its digital transformation services.
Orange (ORAN) Teams Up With Amazon to Optimize AWS Apps
by Zacks Equity Research
Orange's (ORAN) collaboration with Amazon Web Services will offer a one-stop solution to customers by integrating data analytics and cybersecurity solutions on a single platform.
Amazon (AMZN) Cloud Clientele Improves as Zalando Picks AWS
by Zacks Equity Research
Amazon's (AMZN) AWS has been selected by Zalando as the preferred cloud provider. This further expands Amazon's client base.
Buy Zoom Video (ZM) Stock on the Dip Before Q3 Earnings?
by Benjamin Rains
Let's decide if investors should consider buying the video conferencing stock on the dip despite positive news on the vaccine front...
Macy's, Target, Gap and Best Buy are part of Zacks Earnings Preview
by Zacks Equity Research
Macy's, Target, Gap and Best Buy are part of Zacks Earnings Preview
Juniper (JNPR), Zenlayer Partner to Revamp Datacenter Network
by Zacks Equity Research
Juniper (JNPR) forges a partnership with Zenlayer to modernize the latter's datacenter network on the back of cutting-edge automated solutions.
Netflix (NFLX) to Expand Production Hub in New Mexico Studio
by Zacks Equity Research
Netflix (NFLX) set to boost its presence in New Mexico by expanding its Albuquerque Studios and committing to an additional $1 billion in production spending.
Amazon's (AMZN) New Features to Ensure Spoil-Free Holiday Season
by Zacks Equity Research
Amazon (AMZN) rolls out 'spoiler-free' ways to track, pick up and have packages delivered during the holiday season amid the coronavirus crisis.
Solid Q3 Earnings Drive Retail ETFs Higher
by Sweta Killa
The overall earnings picture for the retail sector has been good amid the ongoing pandemic.
Citrix (CTXS) Virtual Desktops Leveraged by Royal Berkshire NHS
by Zacks Equity Research
Citrix (CTXS) is benefiting from strong uptake of desktop virtualization offerings owing to coronavirus crisis-induced demand for secure and reliable remote work solutions.
AT&T (T) Remains Focused on Customer-Centric Business Model
by Zacks Equity Research
With a customer-centric business model, AT&T (T) is witnessing healthy momentum in its postpaid wireless business with a lower churn rate and increased adoption of higher-tier unlimited plans.
Apple (AAPL) Seeks Tough Data Protection in Google Lawsuit
by Zacks Equity Research
Apple (AAPL) urges for sensitive data confidentially used in the Justice Department antitrust lawsuit against Alphabet-owned Google.
Nutanix (NTNX) Q1 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Nutanix's (NTNX) first-quarter fiscal 2021 results benefit from solid adoption of its Hybrid cloud solutions and an expanding clientele.
Fitbit Adds New Features to Smartwatches With OS 5.1 Update
by Zacks Equity Research
Fitbit (FIT) adds new voice assistant support feature and other health capabilities to recently released smartwatches.
CommScope (COMM) Boosts Home Network Via SURFboard S33 Launch
by Zacks Equity Research
CommScope (COMM) unveils ARRIS SURFboard S33 DOCSIS 3.1 multi-Gigabit cable modem to enhance home network connectivity with a streamlined infrastructure.
Tesla, Big Tech, LOUP ETF & More
by Neena Mishra
Gene Muster discusses his favorite technology stocks.
McAfee (MCFE) Reports a Breakeven in Q3 Earnings, Revenues Up Y/Y
by Zacks Equity Research
McAfee's (MCFE) fiscal third-quarter results reflect customer additions and solid demand for security solutions.
Amazon (AMZN) Boosts Cloud Portfolio With AWS Network Firewall
by Zacks Equity Research
Amazon's (AMZN) AWS announces general availability of its new managed security service, AWS Network Firewall.
The Retail Sector's Strong Earnings Performance
by Sheraz Mian
The common view about the Retail sector is a space that has been particularly hit hard by the Covid-19 pandemic. But that's hardly the full story...
Dollar General Stock is a Retail Star and a Buy After Target's Earnings
by Benjamin Rains
Dollar General (DG) has outpaced its larger rivals Target (TGT) and Walmart (WMT) in 2020 and for the last several years...
SAM: Buy this Soaring Stock for Even More Seltzer Growth?
by Benjamin Rains
The Boston Beer Company's (SAM) shares have been on a tear, having soared 150% in 2020. And there might be even more room to grow due to the explosion of hard seltzer..
3 Sector ETFs to Shine Despite Soft October Retail Sales
by Sanghamitra Saha
Retail sales in the United States gained 0.3% sequentially in October 2020, following a downwardly revised 1.6% gain in September.
Apple (AAPL) Cuts App Store Fees to Aid Small App Developers
by Zacks Equity Research
Apple (AAPL) slashes commission rates for developers under its new App Store Small Business Program following a row of antitrust investigations and legal battles.
IBM Focuses on AI & Cloud, Announces Instana Acquisition
by Zacks Equity Research
International Business Machines Corporation (IBM) is focused on expanding its hybrid cloud business, as it anticipates enormous revenue-generating potential.
Zacks Earnings Trends Highlights: Amazon, Target, Walmart, Home Depot and Lowe's
by Zacks Equity Research
Zacks Earnings Trends Highlights: Amazon, Target, Walmart, Home Depot and Lowe's