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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
Beware of These 5 Retail Stocks Amid Sports Industry Woes
by Zacks Equity Research
The sporting goods industry seems to be in doldrums, leading to the downgrade of DKS, HIBB, FINL, FL and BGFV.
Bolstering Consumer Confidence Holds Promise for Retailers
by Zacks Equity Research
A decent run in the stock market, sturdy retail sales data along with solid job addition in July and improvement in the manufacturing sector have lifted investors' mood.
Amazon's Alexa and Microsoft's Cortana are Collaborating in New Alliance
by Madeleine Johnson
On Wednesday, Amazon.com (AMZN) and Microsoft (MSFT) announced that their respective digital voice assistants, Alexa and Cortana, will be collaborating in a brand-new partnership.
Amazon (AMZN) Announces Availability of VMware Cloud on AWS
by Zacks Equity Research
Amazon (AMZN) AWS and VMware (VMW) partnership makes private and public cloud connectivity seamless.
Here's Why TreeHouse Stock Lost More Than 20% Since Earnings
by Zacks Equity Research
TreeHouse Foods' (THS) performance has been dismal of late owing to unfavorable market conditions, divestitures and commodity price hikes.
Oracle to Hire 5K Executives for Cloud Operations in 2017
by Zacks Equity Research
Oracle Corp. (ORCL) is hiring around 5K employees for expanding its cloud business.
Apple (AAPL) and Hollywood Clash Over Pricing of 4K Content
by Zacks Equity Research
Reportedly, Apple Inc (AAPL) and prominent Hollywood studios are at loggerheads over pricing of 4K content. Apple is seeking a lower price, something that is not going down well with movie studios.
Should KHC, K, GIS Worry About Amazon-Whole Foods Merger?
by Zacks Equity Research
Amazon's foray into brick-and-mortar stores is likely to trigger fresh price wars for food companies such as The Kraft Heinz Company (KHC), Kellogg Company (K) and General Mills (GIS), both in stores and online.
Why it is a Good Idea to Hold Salesforce (CRM) Stock for Now
by Zacks Equity Research
A positive looking outlook along with acquisition synergies and increasing customer adoption indicates optimistic prospects for Salesforce's (CRM) business.
Amazon (AMZN) to Premiere Original Series Lore on Oct 13
by Zacks Equity Research
Amazon.com Inc. (AMZN) is constantly expanding its video content and increasing its Prime members to further penetrate the streaming market.
U.S. Equities See Record Outflows: ETFs in Focus
by Zacks Equity Research
U.S. equities see record outflows owing to rising political uncertainty.
Finish Line (FINL) Stock Tanks, Sports Industry Follows
by Benjamin Rains
Shares of Finish Line (FINL) plummeted 30% in premarket trading on Tuesday after the company reported lower than projected preliminary second quarter sales results Monday night. Despite bouncing back a bit since then, investors seem to be running from sporting goods sector stocks due in part to Finish Line's updated full-fiscal year outlook.
What is Going On With Best Buy (BBY) Stock Today?
by Madeleine Johnson
On Tuesday, shares of electronics and appliance retailer Best Buy Co. (BBY) are plummeting, down about 11% in morning trading after the company reported its latest quarterly earnings results.
Toyota Motor, Bojangles, Amazon, Walmart and Whole Foods as Zacks Bull and Bear of the Day
by Zacks Equity Research
Toyota Motor, Bojangles, Amazon, Walmart and Whole Foods as Zacks Bull and Bear of the Day
Office Depot Down 29% in a Month: Is Only Top Line to Blame?
by Zacks Equity Research
Office Depot (ODP) continues to battle a dismal top-line that missed the Zacks Consensus Estimate for the 12th straight quarter.
DICK's Sporting Hit Post Earnings: Will the Nightmare Last?
by Zacks Equity Research
DICK's Sporting Goods Inc. (DKS) crashed 23% in 14 days. Here are the factors that hurt sentiment of investors, who used to be a fan of this stock.
Palo Alto Security Solution Now For VMware AWS Cloud Users
by Zacks Equity Research
Palo Alto Networks (PANW) and VMware (VMW) yesterday announced the expansion of their strategic relationships to address cloud security needs of the latter's customers.
DXC, VMware Collaborate to Deploy Hybrid Cloud Service
by Zacks Equity Research
DXC Technology's (DXC) strategic acquisitions and partnerships to enhance its portfolio are likely to drive growth over the long run.
Amazon (AMZN) to Expand in Ohio With New Fulfillment Center
by Zacks Equity Research
In a bid to speed up deliveries and meet customer expectations, Amazon.com Inc. (AMZN) is planning to open a new fulfillment center in Ohio.
Grocery Stocks Sink On First Day Of Amazon & Whole Foods Merger
by Benjamin Rains
Shares of several grocery store chains, including Kroger (KR) and Sprouts Farmers Market (SFM), dipped on Monday after Amazon's (AMZN) acquisition of Whole Foods (WFM) officially went into effect.
'Farm Fresh' Amazon Echo Speakers Now Available at Whole Foods
by Madeleine Johnson
Today marks the closing of Amazon.com's (AMZN) $13.7 billion acquisition of Whole Foods Market (WFM), and the e-commerce giant has already implemented major changes in the upscale grocery chain.
Splunk (SPLK) Earnings, Revenues Trump Estimates in Q2
by Zacks Equity Research
Splunk (SPLK) reported better-than-expected fiscal second-quarter 2018 results driven by strong product pipeline and increasing customer base. However, stringent competition and increasing investments remain headwinds.
Costco Down 14% in 3 Months: What's Bothering the Retailer?
by Zacks Equity Research
Shares of Costco (COST) were hit hard, after the news of Whole Foods Market buyout by Amazon surfaced.
Diageo, Match Group, Amazon's and Whole Foods as Zacks Bull and Bear of the Day
by Zacks Equity Research
Diageo, Match Group, Amazon's and Whole Foods as Zacks Bull and Bear of the Day
Diageo, Match Group, Amazon's and Whole Foods as Zacks Bull and Bear of the Day
by Zacks Equity Research
Diageo, Match Group, Amazon's and Whole Foods as Zacks Bull and Bear of the Day