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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
Pandemic Boosting Streaming Service Users: 4 Stocks to Watch
by Ritujay Ghosh
Almost all video streaming services companies have been witnessing a surge in new users and subscriptions following the pandemic.
3 Foreign Tech Picks Amid The Domestic Selloff
by Daniel Laboe
It may be time to start putting sidelined cash to work in some of the hottest innovation-powered blue chips of the East
ETF Winners & Losers From Wall Street's Worst Day Since June
by Sweta Killa
After a massive rally, Wall Street suffered its worst day in almost three months as investors' dumped the high-flying technology stocks.
Amazon (AMZN) AWS Selected by Weta Digital, Boosts Clientele
by Zacks Equity Research
Amazon's (AMZN) AWS gets selected by Weta Digital, which highlights the efficiency and reliability of AWS' portfolio strength.
Amazon (AMZN) on a Hiring Spree, to Add 7K Jobs in U.K.
by Zacks Equity Research
Amazon (AMZN) plans to add approximately 7,000 jobs at its warehouses and other sites across the U.K. in the coming months.
Stock Market News for Sep 4, 2020
by Zacks Equity Research
Wall Street closed sharply lower on Thursday as investors realized profits on those stocks that have skyrocketed year to date.
Amazon ETFs to Gain on FAA Approval for Prime Air Drone Delivery
by Sweta Jaiswal, FRM
Amazon's receipt of an approval from the FAA allowing it to test commercial deliveries through its drone fleet seems to be well-timed as the company sees huge demand amid the coronavirus crisis.
Target to Add 600 Items to Good & Gather Brand This Fall
by Zacks Equity Research
Target (TGT) is on track to add over 600 items within its Good & Gather brand this fall. This also includes the Signature line featuring 60 premium products.
The Zacks Analyst Blog Highlights: Amazon, Apple, salesforce.com, Zoom and Facebook
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Apple, salesforce.com, Zoom and Facebook
E-Commerce Driving Retail Sales: 5 Solid Stocks to Buy
by Ritujay Ghosh
In second-quarter 2020, retail e-commerce sales in the country grew 31.8% from the previous quarter.
Amazon Ups Digital Payment Game in India: Should Others Worry?
by Shilpa Mete
Amazon (AMZN) intensifies competition in digital payment market of India with the inclusion of motor insurance and gold investment offerings in Amazon Pay.
Amazon's (AMZN) Drones Delivery Fleet Gets FAA Approval
by Zacks Equity Research
Amazon (AMZN) receives FAA approval to test commercial deliveries through its drone fleet.
Amazon's Online-Only Whole Foods Store Boosts Grocery Drive
by Zacks Equity Research
Amazon (AMZN) opens delivery-only whole Foods store in Brooklyn, NY to capitalise on the growth opportunities present in the online grocery shopping space.
Amazon Boosts Music Streaming Reach With Twitch Integration
by Zacks Equity Research
Amazon (AMZN) incorporates live streaming feature of Twitch with Amazon Music to deliver enhanced music experience.
Hanesbrands Up More Than 30% in Three Months: Here's Why
by Zacks Equity Research
Hanesbrands (HBI) is gaining from its solid online business and its newly-developed protective gear business.
Mastercard & Emburse to Automate Expense Process for Clients
by Zacks Equity Research
Mastercard's (MA) corporate cardholders will benefit from Emburse's solution, which intends to assist customers in automating the expense process.
3 Solid Tech Stocks to Ride on a Booming AI Market
by Ritujay Ghosh
Tech companies are increasingly resorting to AI to make their presence felt during this pandemic
AMD Unveils Radeon RX 5300 Processor for Gaming, Stock Up
by Zacks Equity Research
Advanced Micro Devices' (AMD) growing clout of GPU portfolio bodes well, given the increasing demand for gaming laptops and rapid uptake of technologies like AI and AR/VR.
GoPro Boosts Customer Connect With GoPro Plus Live Streaming
by Zacks Equity Research
The high-quality live streaming option from GoPro (GPRO) will enable premium subscribers to upload unlimited photos and videos right from their phones to the cloud.
Company News for Sep1, 2020
by Zacks Equity Research
Companies In The News Are: CTLT, TSLA, AIMT, AMZN.
Gloomy Near-Term Outlook for Internet Delivery Services
by Anirudha Bhagat
The Internet-Delivery Services industry's near-term prospects looks gloomy due to the coronavirus-induced global lockdown. Additionally, steep expenses pose a significant threat to profitability.
3 Highly-Ranked Stocks to Buy Now Heading into the Fall
by Benjamin Rains
We explore three different stocks that boast strong Zacks Ranks that investors might want to buy as we start to close out the summer...
Amazon (AMZN) Boosts Its Retail Focus With New Grocery Store
by Zacks Equity Research
Amazon (AMZN) fuels the grocery retail rivalry by opening a grocery store called Amazon Fresh.
IBM's Solutions to Boost US Open 2020 Fan Experience Off-Site
by Zacks Equity Research
IBM will utilize the AI capabilities of Watson and its Red Hat Open Shift cloud platform to help USTA provide its fans with an interactive digital experience to enjoy US Open 2020 off-site.
Cloudera (CLDR) to Report Q2 Earnings: What's in Store?
by Zacks Equity Research
Cloudera's (CLDR) second-quarter fiscal 2021 results are expected to reflect its strong portfolio, large base of enterprise customers and stringent cost control.