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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
Amazon Looks to Boost Summer Sales with 3rd Annual Prime Day
by Zacks Equity Research
The countdown to Amazon Prime Day 2017 has begun.
Alibaba & 4 Internet Commerce Peers to Buy Today
by Sejuti Banerjea
Alibaba is one of the hottest stocks today with its huge share of one of the largest markets globally, a market where consumers are increasingly turning to online channels to purchase quality products and global brands.
The Zacks Analyst Blog Highlights: Amazon, Whole Foods Market, Kroger, Walmart and Costco
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Whole Foods Market, Kroger, Walmart and Costco
NIKE (NKE) Gains on Q4 Earnings & Sales Beat, Guides FY18
by Zacks Equity Research
Shares of NIKE Inc. (NKE) advanced 7.8% in the after-hours session yesterday following the company's robust fourth-quarter fiscal 2017 results.
Blue Apron IPOs at Low End of Price Range: Should You Invest?
by Madeleine Johnson
On Thursday, meal-kit delivery company Blue Apron said its IPO would be priced at $10 per share, which is at the low end of the company's already slashed price range. Should you invest?
5 Stocks that Brokers Love Despite Changing Retail Dynamics
by Zacks Equity Research
The retail landscape has been witnessing a sea change with the focus gradually shifting to online shopping.
Facebook Messenger M Assistant Now Suggests Saving Content
by Zacks Equity Research
Facebook, Inc. (FB) has introduced three new suggestions in its artificial intelligence (AI) powered voice assistant M, to Messenger users across the U.S.
Alphabet's Google and Nutanix Collaborate on Hybrid Cloud
by Zacks Equity Research
Alphabet Inc.'s (GOOGL) Google partnered Nutanix for hybrid cloud computing.
Amazon Will Disrupt Grocery Sales & Boost Omni-Channel Capability
by Sejuti Banerjea
Amazon's (AMZN) $13.7 billion ($42 a share) purchase of Whole Foods Market (WFM) came as something of a surprise. But when you think about it, the deal makes perfect sense for both.
Stock Market News for June 29, 2017
by Zacks Equity Research
Gain in financials and technology shares on Wednesday pushed the benchmarks higher
Staples to go Private After $6.9 Billion Buyout By Sycamore
by Zacks Equity Research
Putting an end to all speculation, Staples, Inc. (SPLS) has officially announced that Sycamore Partners, a private equity firm, will acquire its business.
Alibaba Expands Lazada Stake, Boosts Southeast Asia Presence
by Zacks Equity Research
Alibaba Group Holding Ltd. (BABA) has agreed to pay an additional $1 billion to increase its stake in e-commerce firm, Lazada.
Dolby, Netflix Tie Up to Deliver Better Streaming Experience
by Zacks Equity Research
Dolby Laboratories, Inc. (DLB) recently announced that it has collaborated with U.S.-based streaming service provider, Netflix, Inc. (NFLX), to deliver combined Dolby Atmos and Dolby Vision streaming experience to consumers.
Here's What Top Tech CEOs Are Saying About Artificial Intelligence
by Ryan McQueeney
Curious about the state of artificial intelligence? Check out what Jeff Bezos, Elon Musk, and Sundar Pichai have to say about it!
Will Amazon (AMZN) Stock Rally Ahead of Prime Day?
by Madeleine Johnson
While President Donald Trump has chosen it as his latest Twitter (TWTR) victim, e-commerce giant Amazon (AMZN) is gearing up for its third annual Prime Day, the company's blockbuster online summer sale that honors the anniversary of its founding on July 16, 1995.
Target Launches New Delivery Service, But Is It Too Late?
by Megan Sanks
Target Corporation (TGT) launched Target Restock, a next-day delivery service in Minnesota on Tuesday after testing the concept with employees for a few months.
Aramark or B&G Foods: Which Stock is More Enticing Now?
by Zacks Equity Research
Let's try to ascertain which of these two key food players, Aramark (ARMK) and B&G Foods, Inc. (BGS), presently make for a better investment option.
Alphabet's Google to Pay a Heavy Price for Misusing Search
by Zacks Equity Research
The European Commission has declared a $2.7 billion (2.42 billion euro) fine on Alphabet's (GOOGL) Google
Blue Apron Slashes IPO Price Range, Amazon to Blame?
by Madeleine Johnson
On Wednesday, meal-kit delivery service company Blue Apron has considerably slashed its IPO price range, and now estimates its public offering between $10 to $11 a share, down from the $15 to $17 a share the company originally expected.
Nutanix (NTNX) Stock Soars on Cloud Partnership With Google
by Ryan McQueeney
Shares of Nutanix (NTNX) soared more than 7% in pre-market trading Wednesday after Google parent Alphabet Inc. (GOOGL) announced a partnership with the cloud computing company.
Microsoft and Box Come Together for Cloud Content Management
by Zacks Equity Research
Microsoft Corp. (MSFT) recently announced an extended partnership with Box.
Facebook Partners FOX Sports to Stream UEFA Champions League
by Zacks Equity Research
Facebook, Inc. (FB) has partnered with FOX Sports, owned by Twenty-First Century Fox, Inc., (FOXA) to live-stream UEFA Champions League soccer matches during the 2017-18 season beginning in September in the U.S.
Stock Market News for June 28, 2017
by Zacks Equity Research
Benchmarks finished in negative territory on Tuesday, dragged down by healthcare and technology shares
The Zacks Analyst Blog Highlights: Amazon.com, Whole Foods Market, Aramark, Unilever and Service
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon.com, Whole Foods Market, Aramark, Unilever and Service
Costco Down 10% in One Month but All's Well with the Stock
by Zacks Equity Research
What suddenly went wrong with Costco (COST), which otherwise looks quite sound fundamentally.