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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
5 Hot Stocks to Play the Sizzling E-commerce Industry
by Sejuti Banerjea
The pandemic has given a big push to the already-hot Electronic - Commerce industry, wherein JD, STMP, CARS, W and FVRR look like good picks.
Microsoft (MSFT) Keen on Building Subsea Data Center Network
by Zacks Equity Research
Microsoft (MSFT) is exploring the feasibility of underwater data centers as it remains committed to reducing its carbon footprint.
Oracle-TikTok Alliance Challenges AWS & Azure Cloud Dominance
by Zacks Equity Research
Oracle (ORCL) and ByteDance partnership deal poises it well to gain a competitive edge over its cloud computing rivals, including AWS, Microsoft Azure, Google cloud platform, and IBM Cloud.
Google Aims to Attain Zero Carbon Footprint Goal by 2030
by Zacks Equity Research
Alphabet's (GOOGL) Google intends to run its offices and data centers on 100% carbon-free energy by 2030.
Amazon (AMZN) on a Hiring Spree, to Add 100,000 New Jobs
by Zacks Equity Research
Amazon (AMZN) plans to add approximately 100,000 jobs in a bid to meet the increasing demand during the pandemic.
Baidu (BIDU) Expands Apollo Go Robotaxi Service to Beijing
by Zacks Equity Research
Baidu (BIDU) launches Apollo Go Robotaxi service in Beijing in a bid to expand its share in the self driving space.
The Zacks Analyst Blog Highlights: Microsoft, Sony, Google, Facebook and Amazon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Microsoft, Sony, Google, Facebook and Amazon
How Will 2020 Holiday Season Play Out Amid COVID-19 Blues?
by Sumit Singh
Retailers have been preparing to capitalize on consumers' increasing preference for a seamless shopping experience.
E-commerce Breathing Life Into Retail Sales: 4 Stocks to Buy
by Ritujay Ghosh
Ever since the coronavirus outbreak, locked in people have been shopping online.
Buy Salesforce (CRM) Stock Now Despite Post-Earnings & Dow Rally?
by Benjamin Rains
The question remains: should investors consider buying Salesforce stock right now?
Microsoft (MSFT) Ups Ante in Cloud Gaming With New Service
by Zacks Equity Research
Microsoft (MSFT) is leaving no stone unturned to gain a strong foothold in the fast-growing cloud-gaming space.
IBM to Leverage Watson, Enhance Fantasy Football Experience
by Zacks Equity Research
International Business Machines (IBM) unveils Trade Assistant feature for ESPN Fantasy Football app to help participants add and offload players and balance the risk-reward of the team.
Stock Market News for Sep 14, 2020
by Zacks Equity Research
Wall Street closed mixed on Friday as technology sector meltdown continued after a highly volatile session.
Walmart Partners With Zipline for Drone Delivery Operations
by Zacks Equity Research
Walmart (WMT) is teaming up with Zipline, to provide drone delivery services for certain health and wellness-related products.
Elastic, Norwegian Cruise Line, FedEx, Amazon and United Parcel Service highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Elastic, Norwegian Cruise Line, FedEx, Amazon and United Parcel Service highlighted as Zacks Bull and Bear of the Day
Coronavirus Keeps Online Grocery Demand High: 4 Stocks to Buy
by Sumit Singh
Grocery stocks have always been safe bets and the pandemic just threw light on how secure these stocks can be during extreme market volatility.
Amazon (AMZN) to Expand Air Fleet by Leasing 6 Cargo Planes
by Zacks Equity Research
Amazon (AMZN) is set to add six more Boeing 767 converted cargo aircraft to its air fleet.
Buy Target (TGT) Stock for Safety, Growth and Income
by Benjamin Rains
Target's positive bottom-line trends help it grab a Zacks Rank #1 (Strong Buy) at the moment...
Amazon (AMZN) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Amazon (AMZN) closed the most recent trading day at $3,116.22, moving -1.85% from the previous trading session.
Buy Soaring FedEx Stock Before Earnings on E-Commerce Boom?
by Benjamin Rains
FedEx (FDX) shares have skyrocketed 135% in the last six months and 65% since it topped Q4 FY20 estimates on June 30, which blows away UPS and Amazon...
Oracle (ORCL) Q1 Earnings & Revenues Top Estimates, Stock Up
by Zacks Equity Research
Oracle's (ORCL) fiscal first-quarter performance benefits from upbeat cloud business on solid adoption of OCI, cloud ERP and Autonomous Database offerings.
ETFs Set to Gain on Solid Fiscal Q1 Oracle Results
by Sweta Killa
Oracle reported better-than-expected fiscal first-quarter 2021 results, beating the Zacks Consensus Estimate for both earnings and revenues.
Focus on Amazon's Reliance Offer: Indian Retail Game Levels Up
by Shilpa Mete
Amazon (AMZN) gets an offer to acquire 40% stake in Reliance Retail, which is likely to intensify competition for other overseas players like Walmart, eBay and Facebook.
Stock Market News for Sep 11, 2020
by Zacks Equity Research
Benchmarks closed in the red after a rollercoaster ride on Thursday, as investors remained worried about tech stocks??? overvaluation.
FINRA Permits Overstock.com's tZERO Retail-Brokerage Service
by Zacks Equity Research
Overstock.com (OSTK) shares surged significantly after its sub-division tZERO received FINRA???s clearance to offer retail-brokerage services for digital securities through its tZERO Markets.