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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
Discovery (DISCA) Acquires Scripps Network (SNI) in $11.9 Billion Deal
by Megan Sanks
Discovery Communications (DISCA) has announced plans to buy Scripps Networks Interactive (SNI) for $11.9 billion on Monday.
Stock Market News For July 31, 2017
by Zacks Equity Research
The Dow outperformed the two other benchmarks to close at a record high riding on a rally in shares of Chevron.
The Zacks Analyst Blog Highlights: Amazon, iShares U.S. Consumer Services ETF, Fidelity MSCI Consumer Discretionary Index ETF, iShares Edge MSCI Multifactor Consumer Discretionary ETF and Vanguard Consumer Discretionary ETF
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, iShares U.S. Consumer Services ETF, Fidelity MSCI Consumer Discretionary Index ETF, iShares Edge MSCI Multifactor Consumer Discretionary ETF and Vanguard Consumer Discretionary ETF
The Zacks Analyst Blog Highlights: Amazon, Microsoft, Alphabet and International Business Machines
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Microsoft, Alphabet and International Business Machines
Here's Why Apple (AAPL) Discontinued the iPod Nano and Shuffle
by Megan Sanks
Apple (AAPL) removed iPod Nanos and iPod Shuffles from its website and online store on Thursday, discontinuing its last two devices that didn't run the iOS software system.
Jimmy Choo Sale, Q2 Earnings Recap: GOOGL, FB, AMZN, & More!
by Ryan McQueeney
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the sale of an iconic footwear brand Jimmy Choo, as well as the latest earnings results from Alphabet, Facebook, Amazon, and many more.
The Only Direction Cloud Companies Are Going Is Up
by Sejuti Banerjea
We now have earnings reports from all the major cloud infrastructure vendors -- Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL) and IBM (IBM) -- so it's time to compare notes on how they did this quarter.
Amazon (AMZN) Q2 Earnings Hurt by Higher Spending, AWS Solid
by Zacks Equity Research
Heavy investments continue to keep Amazon's (AMZN) operating margins under pressure as evident from its second-quarter 2017 results.
Internet Stocks to Report Earnings on Jul 31: P, SOHU, XOXO
by Zacks Equity Research
Tech sector results have been strong so far but this does not ensure earnings beat for all companies in the space. Let's see what's in store for these tech stocks this earnings season.
Why You Should Buy the Dip in Amazon Shares with ETFs
by Sweta Killa
Investors having a strong stomach for extreme volatility could take advantage of beaten down prices with lower risk in a basket form.
The Zacks Analyst Blog Highlights: Amazon.com, Starbucks and Intel
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon.com, Starbucks and Intel
Intel (INTC) Tops Q2 Earnings Estimates, Raises FY17 Outlook
by Zacks Equity Research
Intel's (INTC) second-quarter results benefited from robust performance of a high-growth data centric business, which is more than 40% of total revenue.
Amazon, Starbucks Slip Post-Earnings, Intel Beats
by Mark Vickery
A big miss on Amazon's bottom line and weaker sales for Starbucks help send stocks lower in the after-market.
Less-Profitable Web Services Contributes to Amazon's Q2 Earnings Miss
by Ryan McQueeney
According to Amazon's just-released report, AWS revenues totaled $4.100 billion in the second quarter. This marks growth of about 42% sequentially and 12% sequentially. However, segment operating margin was down slightly quarter-over-quarter.
Amazon (AMZN) Dips on Massive Q2 Earnings Miss, Revenues Climb 25%
by Ryan McQueeney
Amazon (AMZN) just released its second-quarter financial results, posting earnings of xx and revenues of $38 billion.
Why You Should Keep an Eye on the Mobile Security Segment
by Sejuti Banerjea
A number of factors point to the fact that mobile security is a segment poised to pop.
Stock Market News for July 27, 2017
by Zacks Equity Research
Benchmarks closed at record levels on Wednesday, boosted by strong earnings results and the Fed???s decision not to raise rates at the end of its two-day meeting
Xilinx (XLNX) Beats Earnings, Misses Revenue Estimates in Q1
by Zacks Equity Research
Xilinx's (XLNX) first-quarter fiscal 2018 results benefited from robust performance of the company's 16nm, 20nm and 28nm products.
Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline
by Zacks Equity Research
After two straight quarters of in-line earnings, Whole Foods (WFM) managed to post positive earnings surprise in the third quarter of fiscal 2017. However, this was the eighth consecutive quarter of comps decline.
Whole Foods (WFM) Posts Record Revenues, Comps Down 1.9%
by Ryan McQueeney
Whole Foods Market (WFM) just released its fiscal third-quarter financial results, and the company was quick to show off its record-high revenues of $3.7 billion. Nevertheless, the grocery chain faced familiar problems, as comparable-store sales and earnings slipped again.
Ulta Beauty (ULTA) Stock Dips as Amazon-Violet Grey Rumors Heat Up
by Madeleine Johnson
On Wednesday, shares of Ulta Beauty (ULTA) are falling, down about 3.5% in midday trading after rumors are floating about that Amazon (AMZN) is considering a partnership with high-end beauty e-commerce site Violet Grey.
Want to Work for Amazon? Its Giant Job Fair is Your Chance
by Megan Sanks
Amazon.com (AMZN) announced on Wednesday that it will be hosting a giant job fair, called "Amazon Jobs Day," on August 2nd.
Akamai (AKAM) Q2 Earnings Miss Estimates, Revenues Beat
by Sreeparna Ray
Akamai Technologies (AKAM) second-quarter revenues beat estimates backed by growth of its web division.
iRobot (IRBT) Stock Soars 20% After Strong Amazon Prime Day Sales
by Megan Sanks
Shares of iRobot Corporation (IRBT) rose 20% in morning trading on Wednesday after the tech company reported stronger-than-expected sales during Amazon (AMZN) Prime Day earlier this month.
4 ETFs to Ride on 16-Year High Consumer Confidence
by Sweta Killa
Consumer sentiment recovered to near record levels in July after falling for two consecutive months.