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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
3 Blue-Chip Tech Stocks to Buy as Market Climbs on Coronavirus Stimulus Hope
by Benjamin Rains
Let's dive into three blue chip tech stocks that might be worth buying at the moment as the Fed and the U.S. government try to provide a boost to the economy as the coronavirus spreads...
Amazon (AMZN) Halts Loan Repayment to Promote Seller Interest
by Zacks Equity Research
Amazon (AMZN) does not require merchants to pay back their loans till Apr 30 as they face declining sales owing to coronavirus crisis.
Netflix (NFLX) Cuts Video Quality in India on Coronavirus Woes
by Zacks Equity Research
Netflix (NFLX) downgrades video streaming quality in India followed by Amazon, YouTube among others in an attempt to lower network traffic amid Covid-19 outbreak.
Target & Others Bracing for Coronavirus-led Demand Spike
by Rashmi Jaiswal
Retailers like Target are taking necessary actions to cope up with the burgeoning demand for essential commodities. Also, they are practicing sanitizing measures and safety protocols.
Amazon (AMZN) Temporarily Halts Non-Essential Sales in India
by Zacks Equity Research
Amazon's (AMZN) India unit will stop the sale of non-essential products and focus only on the delivery of essential items for some time.
Coronavirus Hits Ad Sales of Facebook, Twitter and Others
by Zacks Equity Research
Here are a few technology companies, which are expected to witness decline in ad sales from COVID-19-led ad-budget cuts in the digital advertising industry.
The Zacks Analyst Blog Highlights: Peloton Interactive, Amazon.com, Facebook and PayPal
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Peloton Interactive, Amazon.com, Facebook and PayPal
The Zacks Analyst Blog Highlights: Vaxart, Zoom Video Communications, Amazon.com, Clorox and Costco Wholesale
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Vaxart, Zoom Video Communications, Amazon.com, Clorox and Costco Wholesale
4 Stocks Bucking the Layoff Trend Amid Coronavirus Scare
by Suranjana Roy
COVID-19 is taking an enormous toll on economic and health infrastructure, thereby resulting in massive layoffs. However, there are certain companies that are challenging this downtrend.
Amazon (AMZN) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Amazon (AMZN) closed the most recent trading day at $1,940.10, moving +1.96% from the previous trading session.
3 Growth Tech Stocks for Long-Term Investors to Buy Now Amid Coronavirus Selloff
by Benjamin Rains
Today, we break down three growth-focused tech stocks that longer-term investors might want to consider buying, or at least putting on their watchlists as the U.S. government tries to help stabilize the market and the economy as the coronavirus spreads...
4 Stocks That Will Help You to Stay Afloat Amid Coronavirus Crisis
by Nilanjan Banerjee
Several stocks are immune to coronavirus' impact and, in fact, are likely to keep gaining.
Netflix (NFLX) Cuts Stream Quality in Israel on Coronavirus Woes
by Zacks Equity Research
Netflix (NFLX) is set to reduce the bitrate of its streams for 30 days in Israel in an attempt to lower network traffic by 25%.
Coronavirus-Induced Stockpiling Boosts These 5 Retailers
by Zacks Equity Research
The current stockpiling is boosting recession-resistant consumer staples sector and in turn helping several retailers rally. Here are five stocks to watch.
Dollar General (DG) Ramps Up Hiring Amid Coronavirus Crisis
by Zacks Equity Research
In the wake of coronavirus outbreak, Dollar General (DG) plans to hire roughly 50,000 workers by April end to support customers.
Amazon (AMZN) to Deliver Test Kits to Combat COVID-19 Spread
by Zacks Equity Research
Amazon (AMZN) delivers and picks up test kits in partnership with Seattle Coronavirus Assessment Network to combat COVID-19 pandemic.
Tech Giants Boost Efforts to Deal With Coronavirus Crisis
by Radhika Pujara
Here we discuss how tech giants including Microsoft (MSFT) and others are leaving no stone unturned to address COVID-19 crisis in innovative ways, backed by AI, ML and cloud computing capabilities.
6 Stocks in Focus on Hiring Spree Despite Market Turmoil
by Nalak Das
Several retail stores, including supermarkets, grocery chains, medical and pharmacy stores, take-away restaurants and e-commerce companies are hiring people.
Here're the 5 Big Winners from the Coronavirus Pandemic
by Tirthankar Chakraborty
Even though several companies have suffered badly from the COVID-19 outbreak, here're five that stand to benefit from the pandemic.
4 Coronavirus-Battered Tech Bets for Solid Retirement Portfolio
by Anirudha Bhagat
Here we have picked four coronavirus-battered tech stocks that are incredible for retirement investment planning.
AeroVironment, Bright Horizons Family Solutions, Amazon, eBay and Atlassian highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
AeroVironment, Bright Horizons Family Solutions, Amazon, eBay and Atlassian highlighted as Zacks Bull and Bear of the Day
Buy CrowdStrike as CRWD Stock Soars Amid Coronavirus Work Remote Push
by Benjamin Rains
CrowdStrike shares have soared over 50% since last Monday and it topped our Q4 fiscal 2020 earnings and revenue estimates on March 19...
What's Next for Nike Stock Heading into Earnings Amid Coronavirus Closures?
by Benjamin Rains
Nike is set to release its Q3 fiscal 2020 financial results after the closing bell on Tuesday, March 24. NKE will take center stage, as Wall Street tries to better understand how the spread of the coronavirus will impact consumers and the economy...
3 Safe Haven Tech Stocks to Buy as Coronavirus Market Uncertainty Spreads
by Benjamin Rains
This episode breaks down three safe haven-style tech stocks that investors might want to consider buying amid the coronavirus selloff and economic uncertainty...
Amazon's AWS to Invest $20M for Faster Coronavirus Testing
by Zacks Equity Research
Amazon's (AMZN) cloud unit AWS is investing $20 million in a bid to speed up COVID-19 testing.