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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
Verizon (VZ) on Track to Merge Go90 Under Oath Brands
by Zacks Equity Research
We wait to see how Verizon's (VZ) plans to merge its video streaming service, Go 90, into other digital platforms, pays off.
Online Retail: Investors Too Late or Still Time to Profit?
by Eric Dutram
Online retail is booming. Learn why this trend might not slow down any time soon in this edition of the Dutram Report.
Here's Why Microsoft (MSFT) Stock Gained Today
by Madeleine Johnson
On Thursday, shares of tech giant Microsoft Corp. (MSFT) were gaining in afternoon trading, up over 1.7% to $76.01 by 2:00 PM EST after the company was upgraded earlier the day.
Amazon is Testing Its Own Delivery Service: How Worried Should UPS & FedEx Be?
by Madeleine Johnson
It wouldn't be the retail rivalry of the 21st century if e-commerce giant Amazon.com (AMZN) didn't announce a new initiative soon after brick-and-mortar titan Walmart (WMT) made headlines of their own.
United Natural Up 8% Since Q4: Will the Rally Continue?
by Zacks Equity Research
United Natural (UNFI) benefits from increased consumer demand for natural and organic brands. The company's top line has also been gaining from acquisitions.
Cisco & Telenor Launch WorkingGroupTwo for Mobile Operators
by Zacks Equity Research
Cisco (CSCO) and Telenor partner to form WG2, a cloud-based platform aimed at increasing the speed of innovation and marketing of services provided by mobile operators.
EU Regulators Strike Again: Amazon Ordered to Pay $300 Million Tax Bill
by Madeleine Johnson
E-commerce giant Amazon.com (AMZN) is the latest technology corporation to face the regulatory wrath of the European Union. After a three-year investigation, the European Commission has ordered Amazon to pay $300 million, or about ???250 million, in back taxes to Luxembourg.
Over 150,000 Snapchat Spectacles Have Been Sold Since Viral Launch
by Madeleine Johnson
Speaking at the Vanity Fair New Establishment Summit, Snap Inc. (SNAP) CEO Evan Spiegel made a somewhat surprising announcement regarding his company's hardware venture, Snapchat Spectacles.
Amazon (AMZN) Snaps Up Human-Aware AI Startup Body Labs
by Zacks Equity Research
Amazon (AMZN) could enable shoppers to virtually try out clothes using their selfies to reduce returns.
Snap Collaborates With Jeff Koons, Ramps up AR Platform
by Zacks Equity Research
Snap introduces new location-based art platform featuring sculptures by Jeff Koons in a bid to expand augmented reality.
Newell Brands Loses 19% in 3 Months: More Downside Ahead?
by Zacks Equity Research
Newell Brands (NWL) appears to be in bad shape, mainly due to the impact from Hurricane Harvey. Also, the hurdles are likely to persist going forward.
Office Depot (ODP) to Sharpen Edge With CompuCom Buyout
by Zacks Equity Research
The buyout will assist Office Depot (ODP) to acclimatize to the fast changing retail landscape along with providing enterprise-level tech services and products to customers.
The 5 Best M&A Deals of 2017 (So Far!)
by Ryan McQueeney
Over the past few years, consolidation has become an important trend in nearly every major global industry. To celebrate this, we've compiled our list of the most important M&As of 2017!
Walmart Buys NYC Startup Parcel, Boosting Delivery Arsenal Against Amazon
by Madeleine Johnson
On Tuesday, retail giant Walmart (WMT) announced a new addition to its delivery arsenal: the New York City-based delivery startup Parcel, a company that specializes in same-day and last-mile deliveries.
What Do Private-Label Brands Mean for the Future of Retail?
by Madeleine Johnson
On this week's episode of Shopping for Stocks, host and Zacks Editor Maddy Johnson discussed the retail strategy of private-label brands, and the companies who utilize them.
Walmart (WMT) Acquires Parcel to Expand in Delivery Space
by Zacks Equity Research
Walmart (WMT) acquires delivery startup Parcel to expand in the delivery space to better compete with Amazon.
Can Ulta Beauty's Strategies Continue to Keep Hurdles at Bay?
by Zacks Equity Research
Ulta Beauty (ULTA) is one of those few companies that has kept its robust surprise history intact even amid a tough retail landscape.
Are FANG Stocks Set To Pop In Q4?
by Benjamin Rains
Many Americans and investors continue to be focused on a group of four technology firms that have become some of the biggest companies in the world, known simply by the acronym "FANG."
5 Major Tech Startups Blossoming Outside Silicon Valley
by Benjamin Rains
For many Americans, the tech world starts and ends in Silicon Valley. Yet in reality, many technology firms operate outside of the San Francisco Bay Area. This group of tech companies thriving away from the bubble of the Valley includes some of the most prominent and well-known startups and publicly traded firms.
CSRA Wins $34.6 Million Cloud-Based Contract from US Navy
by Zacks Equity Research
CSRA announced that the Department of Navy has signed an approximate $34.6 million blanket purchase agreement with the company for cloud-based services.
Stock Market News For Oct 2, 2017
by Zacks Equity Research
Markets closed higher on Friday after the S&P 500 hit another record close following a rally in shares of Facebook.
Google Hardware Event to Take Place on Oct 4: What to Expect?
by Zacks Equity Research
We expect some big product announcements that will reveal Alphabet's (GOOGL) increasing appetite for hardware.
Walmart to Roll Out Private-Label Brand to Take on Amazon
by Zacks Equity Research
Walmart (WMT), through its online arm Jet.com, is rolling out its low-priced private-label brand to target younger generation and boost revenues.
Jet.com's New Private Label Grocery Brand is Walmart's Latest Hit on Amazon
by Madeleine Johnson
Walmart and Amazon have steadily become arch-rivals since Walmart acquired Jet.com, and even more so once Amazon completed its purchase of upscale organic grocer Whole Foods Market. But according to a New York Post report, Jet is preparing to launch its very first private-label grocery brand, most certainly a response from Walmart now that Whole Foods??? popular 365 brand is available through AmazonFresh.
Amazon (AMZN) May Soon Come Up With its Own Wearable
by Zacks Equity Research
Rumors regarding Amazon's (AMZN) Alexa powered "smart glasses" are doing the rounds leading to speculations regarding the details and scope of the gadget.