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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
Akamai (AKAM) Q3 Earnings to Be Driven by Higher Traffic
by Zacks Equity Research
Akamai's (AKAM) third-quarter 2017 results are likely to be boosted by record network traffic.
Upcoming Earnings Reports to Watch: CMG, BA, AMZN
by Ryan McQueeney
We looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on CMG, BA, and AMZN as they prepare to report during the week of October 23
Is Pinterest Gearing Up for an IPO?
by Madeleine Johnson
Since its launch, Pinterest has been dedicated to discovering its identity within the immense social network, and this desire to find itself may be what sets the company and its potential IPO apart from the crowd.
3 ETFs to Tap Upbeat Electronics Sales Forecast
by Sanghamitra Saha
Electronics sales are expected to be upbeat in the holiday season. This can benefit these ETFs.
The Zacks Analyst Blog Highlights: Blue Apron, Amazon and Kroger
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Blue Apron, Amazon and Kroger
The Zacks Analyst Blog Highlights: Csra, Amazon, Microsoft and ServiceNow
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Csra, Amazon, Microsoft and ServiceNow
Rite Aid (RAD) Sharpens Edge: Adds Apple Pay Option Online
by Zacks Equity Research
Accepting Apple Pay on its site is likely to be beneficial to Rite Aid Corporation (RAD), which seems to be the first pharmacy retailer to use this payment option online.
Walmart is Reportedly Partnering with Lord & Taylor to Create an Online Mall
by Madeleine Johnson
According to a new report from The Wall Street Journal, retail giant Walmart (WMT) is nearing a deal that will see department store Lord & Taylor begin selling its goods and products on Walmart.com.
Blue Apron (APRN) Shares Dip on Job Cuts, 'Company-Wide Realignment'
by Madeleine Johnson
On Thursday, shares of meal-kit company Blue Apron (APRN) are falling after the company announced it would be laying off 6% of its employees, or about 300 people. The stock is down about 1.3% to $5.24 per share in morning trading.
CSRA Signs Agreement to Buy Praxis Engineering for $235M
by Zacks Equity Research
CSRA has signed an agreement to acquire mission critical solutions provider Praxis Engineering for $235 million in cash.
Coupa's Latest Buyout Enhances Fraud Detection Capabilities
by Zacks Equity Research
Coupa's (COUP) Deep Relevance acquisition to improve its capability to save more for its clients by curbing fraud through the use of AI-based tools.
Amazon (AMZN) Selling Electronics in Brazil Via Third Parties
by Zacks Equity Research
We believe that Amazon's (AMZN) business expansion in Brazil is its latest bid to expand internationally.
Snap Partners With NBCUniversal for Original Scripted Shows
by Zacks Equity Research
Snap (SNAP) partners with NBCUniversal to create original scripted content in a bid to attract more audience to its platform.
The Zacks Analyst Blog Highlights: Facebook, Amazon, Netflix and Google
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Amazon, Netflix and Google
Tech Roundup: AAPL Content Deal, NVDA Supercomputer, Snap User Growth
by Sejuti Banerjea
Last week, Apple (AAPL) and Steven Spielberg TV agreed to produce original shows, NVIDIA (NVDA) announced a supercomputer for self-driving cars and analysts projected strong user growth at Snap.
After Netflix's Mixed Q3 Earnings, Should You Sell Your FANG Stocks?
by Ryan McQueeney
After a mixed third-quarter earnings release Monday, shares of Netflix fell more than 1.7% on Tuesday. Despite solid subscriber growth, investors were unimpressed with several other key figures from the report, which has cast a cloud of uncertainty over the tech sector--especially the notorious "FANG" stocks.
IBM, Dream Payments to Enhance Electronic Transactions
by Zacks Equity Research
IBM is collaborating with Dream Payments to ease the process of mobile payments.
Overstock.com (OSTK) Stock is Surging Today: Here's Why
by Madeleine Johnson
On Tuesday, shares of e-commerce company Overtsock.com (OSTK) are popping, up about 15% in afternoon trading. The stock, having hit a new 52-week-high today of $34.60 per share, is still feeling the positive effects of a new investment from short-seller Marc Cohodes.
Microsoft Azure to Support Symantec's Security Products
by Zacks Equity Research
Microsoft (MSFT) wins a new cloud customer, Symantec.
Does Chicago Fit the Bill for Amazon's Second Headquarter?
by Zacks Equity Research
Chicago submitted its bid for Amazon's (AMZN) second headquarter on Monday.
Netflix (NFLX) Q3 Earnings Miss, Subscriber Growth Impressive
by Zacks Equity Research
Netflix (NFLX) third-quarter 2017 earnings missed estimates probably due to higher operating expenses. However, subscriber growth was impressive driven by strength in its original content portfolio.
Nordstrom Falls: Will Privatization Surface Post Holiday?
by Zacks Equity Research
While the Nordstrom (JWN) family notified that it plans to resume exploration initiatives after the holiday season, it remains to be seen if any deal can surface amid the tough retail landscape.
Is DXC Technology's (DXC) Place in Your Portfolio Justified?
by Zacks Equity Research
DXC Technology Company (DXC) to benefit from strategic deals, spin-off initiatives and senior notes offerings.
Salesforce Goes Live on Amazon Web Services in Australia
by Zacks Equity Research
salesforce.com's (CRM) diverse cloud offerings and considerable spending on digital marketing remain catalysts.
Here's Why You Should Add Kohl's (KSS) to Your Portfolio Now
by Zacks Equity Research
Kohl's (KSS) gains on enhanced omni-channel capabilities and its efforts to efficiently manage inventory. In order to improve comps, the company partners with Amazon.