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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
Is the Tech Rout Overstated? Buy 3 Stocks & ETFs on the Dip
by Sanghamitra Saha
Why investors should look past the tech turmoil and buy these stocks and ETFs.
Will the Trump Administration Block the Amazon-Whole Foods Deal?
by Ryan McQueeney
Amazon (AMZN) just announced that it plans to buy Whole Foods (WFM). But will President Trump's rocky relationship with Amazon's Jeff Bezos cause problems in the regulatory approval process?
Amazon Scoops Up Whole Foods in $13.7 Billion Deal
by Madeleine Johnson
E-commerce giant Amazon (AMZN) shocked Wall Street on Friday by announcing their plans to buy organic grocery chain Whole Foods Market (WFM) in a deal valued at $13.7 billion, or $42 a share.
Amazon Expands Prime Now 1-Hour Delivery Service to Denver
by Zacks Equity Research
Amazon.com Inc. (AMZN) continues to expand its Prime Now Service. Denver is the latest addition to the list of cities receiving the one and two-hour delivery service.
Housing Starts And Permits Results For May
by Zacks Equity Research
Housing Starts And Permits Results For May
Tech Rout Shifts Spotlight from Growth to Value: 5 Top Picks
by Tirthankar Chakraborty
Steer clear of tech behemoths that constitute the bulk of growth stocks on overvaluation concerns, while value stocks, led by financials and consumer staples, look enticing
Housing Starts & Permits Disappoint
by Mark Vickery
The 1.092 million seasonally adjusted annualized starts fell below the 1.2 million anticipated, whereas expectation for permits of 1.172 million came up short at 1.156 million.
How to Short Technology Stocks with ETFs
by Sweta Killa
The hot and soaring technology sector, which has been a favorite destination for investors this year, has started to lose steam on overvaluation concerns.
Stock Market News for June 16, 2017
by Zacks Equity Research
Shares of technology stalwarts continued to decline, sending the broader markets down on Thursday
Why is Sprouts Farmers Market (SFM) Stock Falling Today?
by Madeleine Johnson
On Thursday, shares of organic grocery chain Sprouts Farmers Market Inc. (SFM) are falling, down almost 9% in midday trading following a downgrade at Morgan Stanley.
Amazon Prime Gives 2% Cash Back on Debit Card Purchases
by Zacks Equity Research
Amazon.com, Inc. (AMZN) has announced a new Prime exclusive cash back program called Amazon Prime Reload.
Zacks Market Edge Highlights: Microsoft and Amazon
by Zacks Equity Research
Zacks Market Edge Highlights: Microsoft and Amazon
Equinix to Offer Alibaba Cloud Services via IBX Data Centers
by Zacks Equity Research
Equinix Inc. (EQIX) recently got a contract from the cloud computing arm of Alibaba Group (BABA), Alibaba Cloud, wherein it will offer the latter's cloud services via its International Business Exchange (IBX) data centers.
Technology Stock Roundup: AAPL, GOOGL, AMZN, FB, WDC
by Sejuti Banerjea
Apple's (AAPL) WWDC event for developers and Alphabet (GOOGL) joining Amazon (AMZN) in the $1000 club were the top news stories from last week.
Here are the Key Differences Between the Dow and the S&P 500
by Megan Sanks
The Dow Jones Industrial Average and the Standard and Poor's 500 indices both track specific companies to create an overall picture of the stock market. This helps investors understand the current state of the American economy.
Amazon (AMZN) Plans to Explore Europe's Online Car Market
by Zacks Equity Research
Amazon.com, Inc. (AMZN) is contemplating entry into Europe's online car market.
Large Cap ETF (IVV) Promoted to Rank #2
by Sweta Killa
IVV was recently upgraded by a notch to a Zacks ETF Rank of 2 with a Medium risk outlook on encouraging fundamentals.
Stock Market News for June 14, 2017
by Zacks Equity Research
Technology shares staged a recovery on Tuesday, lifting benchmarks higher
The Zacks Analyst Blog Highlights: Amazon, Visa, Verizon and Citigroup
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Visa, Verizon and Citigroup
Is Amazon Eyeing BigBasket to Tap Grocery Market in India?
by Zacks Equity Research
Amazon.com Inc. (AMZN) is in talks to buy India's largest grocery site BigBasket, according to a Bloomberg report.
Tech Stocks Bounce Back, Help Wall St. Indexes Reach New Highs
by Benjamin Rains
Technology industry stocks rebounded on Tuesday, just one day after a brief downturn in the sector which has dominated both headlines and portfolios so far this year. The almost immediate jump back from tech stocks also helped major Wall Street indexes pop.
Is Bitcoin a Currency or a Bubble?
by Tracey Ryniec
This digital currency has tripled in 2017 leading some to worry that Bitcoin is getting ahead of itself.
Here's Why Kirkland's (KIRK) Is a Risky Investment
by Zacks Equity Research
Kirkland's (KIRK) performance has been quite disappointing lately owing to waning store traffic and difficult consumer spending environment.
Move Over FAANGs: China Tech Stocks and ETFs are the Hottest
by Neena Mishra
Due to restrictions imposed on foreign companies??? operations in China, domestic tech companies flourish in the huge market.
Tech Slide Makes These 5 Value Stocks Must-Buys
by Swarup Gupta
Market watchers think that this is only a near term correction for tech stocks.