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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
Zacks Industry Outlook Highlights: Wal-Mart, Amazon, Alphabet, Alibaba and PayPal
by Zacks Equity Research
Zacks Industry Outlook Highlights: Wal-Mart, Amazon, Alphabet, Alibaba and PayPal
Despite Headwinds Costco Continues to Post Solid Comps
by Zacks Equity Research
Costco (COST) continued with positive comparable-store sales, consequently sidelining the woes which have gripped the brick-and-mortar retailers for some time now.
Amazon to Open First Utah Fulfilment Center, Add 1.5K Jobs
by Zacks Equity Research
Amazon.com Inc. (AMZN) has announced plans of opening its first Utah fulfillment center in Salt Lake City. This is in a bid to further speed up deliveries and meet customer expectations.
Amazon Promotes Voice Shopping with New Exclusive Alexa Deals
by Megan Sanks
Amazon.com (AMZN) is pushing Alexa's voice shopping abilities today with the announcement of special deals ahead of Prime Day.
Here's Why You Should Buy Applied Optoelectronics Stock Now
by Zacks Equity Research
Applied Optoelectronics, Inc. (AAOI) is technology stock that has performed extremely well so far this year.
Is Samsung (SSNLF) Working on a Bixby-Powered AI Speaker?
by Zacks Equity Research
Citing sources familiar with the matter, The Wall Street Journal (WSJ) reported that South Korean tech giant, Samsung Electronics Co Ltd. (SSNLF), is working on a Bixby-powered artificial intelligence (AI) speaker, codenamed Project Vega.
Best First Half for Wall Street Since 2013: Top 5 Gainers
by Tirthankar Chakraborty
Dow and S&P 500 posted best first-half gains since 2013, while Nasdaq registered the strongest first half since 2009.
Amazon to Premiere Niko and the Sword of Light on Jul 21
by Zacks Equity Research
Recently, Amazon.com's Inc. (AMZN) film production division, Amazon Studios, scheduled the premiere of its original animated kids series, Niko and the Sword of Light, on Jul 21.
Can Store Closures Save American Eagle & its Mall Companions
by Zacks Equity Research
American Eagle Outfitters Inc. (AEO) is experimenting with the closure of stores where the sales has clearly migrated from brick-and-mortar to online.
Amazon Completes Souq.Com Buyout, Expands in the Middle East
by Zacks Equity Research
Amazon.com Inc. (AMZN) recently completed the acquisition of a Dubai-based e-commerce giant, Souq.com.
U.S. Economic Growth Improves: ETFs to Buy
by Shubham Jaipuria
Commerce Department said that U.S. GDP grew 1.4% in the first quarter of 2017 compared with its previous estimate of 1.2%.
Is Microsoft Planning Layoffs as Part of Sales Overhaul?
by Zacks Equity Research
Microsoft Corp. (MSFT) is reportedly planning a sales restructuring owing to its continuing shift to cloud.
5 Best Performing Stocks of June
by Swarup Gupta
Markets ended mixed over a month which witnessed a strong rotation out of tech stocks.
Stock Market News for July 03, 2017
by Zacks Equity Research
Benchmarks mostly finished in the green on Friday, boosted primarily by gain in shares of Nike
Alibaba (BABA) Proves Again That it is "The Amazon of China"
by Zacks Equity Research
Alibaba Group Holding Limited (BABA) is launching an Amazon like voice controlled speaker this week that is capable of taking orders in Chinese.
Office Depot Up 17% in 3 Months: Initiatives Well on Track
by Zacks Equity Research
Office Depot (ODP) has undertaken a strategic review of its business operating model, growth prospects and cost structure.
Target's Strategic Efforts on Track to Fend off Competition
by Zacks Equity Research
Target (TGT) is trying all means to rapidly adapt to the changes in the retail ecosystem.
Amazon's Comrade Detective Premieres Aug 4 on Prime Video
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) film production division, Amazon Studios, has scheduled the premiere of its original half-hour live action series, Comrade Detective, on Aug 4.
10 Things You Need to Know About Amazon Prime Day
by Megan Sanks
On July 11th, Amazon.com (AMZN) will have its 3rd annual Amazon Prime Day, an event similar to Cyber Monday or Black Friday.
Nike (NKE) Stock Climbs, Confirms Deal with Amazon
by Megan Sanks
Shares of Nike, Inc. (NKE) gained 9% in midday trading Friday after the company confirmed on Thursday that it will start selling a limited product assortment directly on Amazon.com (AMZN).
Wal-Mart (WMT) to Sell 13 'Made in U.S.' Products Online
by Zacks Equity Research
Retail giant Wal-Mart Stores, Inc. (WMT) reportedly inked deals with more than 100 U.S. manufacturers on Jun 28 to sell 13 products on Walmart.com.
Nutanix Partners with Aviatrix for Cloud Network Enhancement
by Zacks Equity Research
Nutanix Inc. (NTNX) recently partnered with Aviatrix to make private and public cloud infrastructure connectivity seamless.
Top Sector ETFs of 1H
by Sanghamitra Saha
Inside the top sector ETFs of the first half of 2017.
4 Ways to Invest in the Drone Industry Right Now
by Madeleine Johnson
On today's episode of Zacks Friday Finish Line, hosts Maddy Johnson and Ryan McQueeney revisit their discussion with Andrew Chanin, CEO of PureFunds, about the drone industry, and how investors can cash in.
Rite Aid (RAD) Tanks on Merger Fallout: New Deal Bodes Well?
by Zacks Equity Research
Rite Aid (RAD) saw its shares plummet as its long-awaited acquisition by Walgreens was terminated.