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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
Netflix (NFLX) Q3 Earnings Miss, Shares Down on Weak '21 View
by Zacks Equity Research
Netflix (NFLX) adds 2.2 million subscribers in the third quarter of 2020, missing its expectation of 2.50 million. Moreover, first-half 2021 subscriber growth is expected to remain subdued.
The Zacks Analyst Blog Highlights: Amazon, Home Depot, Sanofi, Intel and AMT
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Home Depot, Sanofi, Intel and AMT
ETFs in Focus as IBM Posts Another Quarter of Revenue Decline
by Sweta Killa
As revenues are on a continued deceleration path, shares of IBM sank 3% in after-market hours following its Q3 earnings.
Apple (AAPL) Launches 24-Hour Music Video Channel Music TV
by Zacks Equity Research
Apple (AAPL) is expanding its investment in music with the launch of Apple Music TV in the United States that offers a free, 24-hour live stream of popular music videos and other music content.
Stock Market News for Oct 20, 2020
by Zacks Equity Research
Benchmarks closed sharply lower on Monday as possibilities over a fresh stimulus package remain doubtful before the presidential election.
Driverless Race Accelerates: Who is Leading the Game?
by Rimmi Singhi
Auto and tech giants are intensifying competition for driverless cars in the AV space, wherein Alphabet (GOOGL), Tesla (TSLA) and General Motors (GM) are the frontrunners.
Amazon's Kansas Fulfillment Centers to Add Above 1,000 Jobs
by Zacks Equity Research
Amazon (AMZN) intends to strengthen the e-commerce business with two new fulfilment centers and a delivery station in Kansas.
Trump vs. Biden: ETF Strategies for the Election Outcome
by Neena Mishra
How the presidential election could impact your portfolio
Top 5 Leveraged/Inverse ETFs of Last Week
by Sanghamitra Saha
Inside the top-performing leveraged/inverse ETFs of the last week.
The Zacks Analyst Blog Highlights: Target, Kroger, Walmart, SpartanNash and Amazon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Kroger, Walmart, SpartanNash and Amazon
ETFs to Win From the Netflix, Amazon Q3 Earnings Faceoff
by Sweta Killa
Both companies have reasonable chances of beating earnings estimates with Netflix witnessing positive earnings estimate revisions. On the other hand, Amazon saw negative earnings estimate revision.
International User Growth to Aid Netflix (NFLX) Q3 Earnings?
by Zacks Equity Research
Netflix's (NFLX) Q3 results are expected to reap benefits from international user growth, driven by coronavirus-induced safe-distancing and lockdown norms that spiked online consumption of media feed.
Facebook's (FB) Instagram Faces Probe for Data Privacy Issues
by Zacks Equity Research
Ireland's Data Protection Commission (DPC) starts an investigation on Facebook's (FB) Instagram over handling of children's personal data.
Stock Market News for Oct 19, 2020
by Zacks Equity Research
The Dow and the S&P 500 closed higher on Friday, lifted by upbeat retail sales data and improvement in consumer sentiment.
Here's Why Walmart (WMT) Appears to be in Solid Shape Now
by Zacks Equity Research
Walmart (WMT) appears well placed to make the most of the pandemic-induced demand as well as the holiday season opportunities, courtesy of its robust efforts to step up store and online operations.
Earnings & Stimulus in Focus
by Neena Mishra
Stocks ended a volatile week with small gains.
Top Stock Reports for Amazon, Home Depot & Sanofi
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Amazon.com (AMZN), The Home Depot (HD) and Sanofi (SNY).
Invesco Launches New Variations of QQQ ETF at Low Price
by Sweta Killa
In order to capitalize the strong demand and the current global trend, Invesco came up with a twist to the QQQ ETF that acts as a "one stop shop" for the NASDAQ-100 companies.
Amazon's Strong Prime Day Sales to Aid Holiday Performance
by Zacks Equity Research
Amazon's (AMZN) record-breaking Prime Day sales are likely to aid its 2020 holiday quarter performance amid intensifying competition.
Sirius XM (SIRI) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Sirius XM's (SIRI) third-quarter 2020 results are likely to reflect the negative impact of muted automobile sales due to the coronavirus outbreak, despite increasing subscriber and partner base.
4 Retailers Poised for Stellar Q3 on Booming Grocery Demand
by Sumit Singh
Demand for groceries is likely to remain elevated and players with better store footprints, strong omni-channel capabilities and enhanced delivery and payment systems will stand out.
Sirius XM's (SIRI) Expanding Auto Partner Base to Aid Growth
by Zacks Equity Research
Expanding partnerships with automakers and a growing subscriber base are likely to help Sirius XM (SIRI) recover from coronavirus-induced headwinds amid growing competition.
B&G Foods Poised on Retail Demand Amid Foodservice Declines
by Zacks Equity Research
B&G Foods (BGS) has been seeing robust demand increases in its retail business due to pandemic-led elevated at-home trends. This is helping the company offset foodservice declines.
Big Upcoming Earnings Week For Big Tech
by Daniel Laboe
This pre-election earnings season will be crucial to these tech giants' trajectory for the remainder of the year
Amazon (AMZN) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
Amazon (AMZN) closed at $3,338.65 in the latest trading session, marking a -0.75% move from the prior day.