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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 (AMZN) to Create 1,600 Jobs in Michigan Facility
by Zacks Equity Research
Amazon.com Inc. (AMZN), world's largest online retailer, has announced plans of opening a new facility in Romulus, Michigan.
Pandora's (P) CEO Steps Down as Troubles Continue Unabated
by Zacks Equity Research
Pandora Media Inc's (P) CEO, Tim Westergren, has stepped down from his role and will no longer serve as a board member. CFO Naveen Chopra will serve as the CEO in the interim.
Top Stock Reports for Comcast, Honeywell & General Motors
by Brian Hamilton
Today's Research Daily features new research reports on 16 major stocks, including Comcast (CMCSA), Honeywell (HON), and General Motors (GM).
Here's Why Alibaba Group (BABA) Is Still A Strong Buy Stock
by Ryan McQueeney
Shares of Chinese e-commerce giant Alibaba (BABA) moved nearly 0.85% lower on Tuesday, underscoring the rough day for tech stocks across the board. Nevertheless, this Zacks Rank #1 (Strong Buy) stock is still a solid pick in this strong sector.
3 Tech Stocks With Surprisingly Low P/E Ratios
by Ryan McQueeney
There's been no shortage of analysis on the incredible run that tech stocks have had this year, and despite a few volatile patches recently, the sector is dominating Wall Street in 2017. However, tech companies aren't known for their impressive P/E ratios. Here's three that defy that trend.
Google Shares Slip After Being Fined $2.7 Billion in EU Antitrust Ruling
by Madeleine Johnson
On Tuesday, shares of Google parent Alphabet Inc. (GOOGL) are slipping, down about 1.2% in morning trading to $960.28 per share after the company was hit with a record antitrust fine of $2.7 billion (or about ???2.4 billion) by European Union regulators.
Consumer Staple Stocks to Buy Amid Food Industry Concerns
by Zacks Equity Research
With the help of our new style score system, we have identified three consumer staples stocks that have excellent prospects and are good bets in this uncertain market.
Stock Market News for June 27, 2017
by Zacks Equity Research
Gain in utilities and telecom stocks led the Dow and the S&P 500 to finish in the green on Monday
Rite Aid & Fred's Surge on Rumors of Possible Nod for Merger
by Zacks Equity Research
The stocks zoomed on speculations that the long-delayed merger between Rite Aid Corporation (RAD) and Walgreens Boots Alliance Inc. (WBA) could finally see the light of day.
Nokia on a Comeback Trail with Nokia 6 in the US, Next Month
by Zacks Equity Research
Nokia Corporation (NOK) is on its way back to the US with the launch of Nokia 6 next month.
Amazon OKs Adventure Series Hannah Grant Tour de France
by Zacks Equity Research
Amazon.com Inc. (AMZN) has green-lit an untitled documentary adventure series, Hannah Grant Tour de France. The release date for the season, however, is yet to be decided.
Bull of the Day: Applied Optoelectronics (AAOI)
by Kevin Cook
Data center monsters are voracious for optical gear and the Web 2.0 build out is creating big winners
Visualizing the Insane Growth of the "Internet of Things"
by Ryan McQueeney
How big will the "Internet of Things" get? Check out this infographic to find out!
Here's Why Morgan Stanley Downgraded GrubHub (GRUB) Stock
by Megan Sanks
Shares of GrubHub (GRUB) lost 5% today in morning trading after Morgan Stanley downgraded the company from Overweight to Equal Weight, lowering its price target to $43 from $47.
Amazon Web Services to be Available in Hong Kong Next Year
by Zacks Equity Research
World's leading cloud platform Amazon.com, Inc.'s (AMZN) Amazon Web Services (AWS) is gradually expanding its presence in the Asia-Pacific region.
Logitech (LOGI) Launches Multiple Products to Stoke Growth
by Zacks Equity Research
Buoyed by the impressive momentum in its Retail segment businesses, Logitech International S.A. (LOGI) rolled out a set of products over the past couple of months.
DISH Network Unveils Music App for Multi-Device Streaming
by Zacks Equity Research
DISH Network Corporation (DISH) unveiled a mobile app, DISH Music, which will synchronize music on television and speakers throughout the house using one central control.
PVH Looks Impressive: Strategic Efforts to Sustain Growth
by Zacks Equity Research
PVH Corp (PVH) has been performing well amid uncertain macroeconomic environment.
3 Popular Tech Stocks With Insanely High P/E Ratios
by Ryan McQueeney
Much has been made about skyrocketing P/E ratios throughout the tech sector. Check out these three popular tech stocks with high P/Es!
Here's Why Barnes & Noble (BKS) Shares are Popping Today
by Megan Sanks
Shares of Barnes & Noble, Inc. (BKS) are up about 7.5% in afternoon trading Friday, building on Thursday's momentum after the company released better-than-expected financial results for its fiscal 2017 fourth quarter.
Finish Line (FINL) Soars After Earnings, Sneaker Stocks Unaffected
by Ryan McQueeney
Shares of The Finish Line (FINL) surged more than 7% in morning trading Friday after the athletic shoe retailer posted mixed first-quarter earnings results. But is it good news for Nike (NKE), Under Armour (UAA), and Adidas (ADDYY)?
Oil Enters Bear Market, Uber CEO Resigns, Impact of the Amazon-Whole Foods Deal
by Madeleine Johnson
On today's episode of the Zacks Friday Finish Line, co-host Maddy Johnson is joined by Eric Dutram, an ETF Strategist here at Zacks, and together, they take on this week's biggest stories, including the latest update on the oil market, big news from Uber, and Amazon's (AMZN) proposed merger with Whole Foods Market (WFM).
The Zacks Analyst Blog Highlights: Whole Foods, Amazon, Xcerra and Synernon Medical
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Whole Foods, Amazon, Xcerra and Synernon Medical
Dow 30 Stock Roundup: Boeing Bags Big Orders at Paris Air Show; Wal-Mart to Buy Bonobos
by Swarup Gupta
The Dow experienced a turbulent week, even as the broader market was guided by the fortunes of tech stocks.
These 3 Discount Stores are Booming Despite the Retail Slump
by Zacks Equity Research
The unique off-price model of Discount Stores makes it a favorite shopping place for today's value focused customers, particularly millennials.