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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
The Zacks Analyst Blog Highlights: Target, Tempur Sealy, Amazon and Walmart
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Target, Tempur Sealy, Amazon and Walmart
Target Offered $1 Billion to Buy Startup Casper Mattress: Is This Just the Start?
by Madeleine Johnson
Last week, big box giant Target Corp. (TGT) reportedly offered $1 billion to acquire budding startup Casper Mattress, a company that designs, manufactures, and produces mattresses, bed frames, pillows, sheets, and even dog mattresses.
Tech Stock Roundup: Wannacry, GOOGL I/O FB Fine, QCOM Suit
by Sejuti Banerjea
Tech news last week revolved around the Wannacry ransomware attack that affected Microsoft's (MSFT) Windows PCs, Alphabet's I/O developers conference, the EU's decision to fine Facebook (FB) over misstatements in its WhatsApp merger application and Qualcomm's (QCOM) decision to sue Apple (AAPL) suppliers.
Salesforce vs. Oracle: Which Stock Is The Better Buy?
by Ryan McQueeney
Today, we're going to be looking at two of the cloud computing leaders: Oracle (ORCL) and Salesforce (CRM). For investors looking to add some cloud flavor to their portfolios, let's see which stock is the better buy right now.
5 ETFs & Stocks to Ride the Tech Mania
by Sweta Killa
Investor's appetite for tech stocks remains strong as money has been flowing into the sector at a faster clip in the last 15 years.
EU to Resolve Google Antitrust Cases in the Next Few Months
by Zacks Equity Research
The European Commission (EU) will finally close its year-long investigations into Alphabet Inc.'s (GOOGL) antitrust cases.
Stock Market News for May 23, 2017
by Zacks Equity Research
Benchmarks closed in the green on Monday, boosted by gains in industrials and technology shares
Google I/O 2017 Turns into a Show of Technological Prowess
by Zacks Equity Research
Alphabet Inc.'s (GOOGL) Google wrapped up its annual I/O developers conference, giving clear indications of a transition from "Mobile-first" to "AI-First".
Amazon (AMZN) Set to Carve a Niche in U.K. Grocery Market
by Zacks Equity Research
Amazon.com Inc. (AMZN) is gearing up to become a major retailer in the U.K. grocery market. The company has plans of opening checkout-free grocery store, Amazon Go, in the country.
Stock Market News for May 19, 2017
by Zacks Equity Research
Benchmarks finished in the green on Thursday, boosted by gains in technology shares and upbeat jobless claims data
Facebook and MLB Collaborate to Stream Friday Night Games
by Zacks Equity Research
Per reports, Facebook (FB) has won rights to live stream 20 Major League Baseball Friday night games. The terms of the deal weren't disclosed.
CSRA (CSRA) to Report Q4 Earnings: What's in the Cards?
by Zacks Equity Research
CSRA Inc. (CSRA) is set to report fourth-quarter fiscal 2017 results on May 24.
A.I. Takes Center Stage at Google I/O 2017 Keynote Event
by Zacks Equity Research
Google has its fingers deep in the artificial intelligence (AI) pie
Walmart Is Crushing Amazon in China
by Ryan McQueeney
Shares of Walmart (WMT) gained more than 3% on Thursday after the company posted better-than-expected earnings results. What's more, the company looks to be crushing rival Amazon (AMZN) in China.
Akamai (AKAM) Hits New 52-Week Low on Increasing Headwinds
by Zacks Equity Research
Share price of Akamai Technologies Inc. (AKAM) dropped to a new 52-week low of $47.46, eventually closing a tad bit higher at $47.50.
Walmart vs. Target: Who Performed Better During Q1 Earnings?
by Madeleine Johnson
Big-box favorites Walmart (WMT) and Target (TGT) had surprisingly good quarters as well, with shares of both companies rising as a result. Who performed better in Q1? And who is better-positioned in the long-term? Let's break down Walmart's and Target's results to find out.
Amazon Upgrades Low-Cost Fire Tablets, Cuts Fire HD 8 Price
by Zacks Equity Research
Amazon.com, Inc. (AMZN) can no longer be labeled as just a retail giant. In the last few years, the company has diversified its offerings by entering into markets with significant growth potential.
Ascena Retail (ASNA) Shares Crater 33% After Cutting Guidance
by Madeleine Johnson
In after-hours trading Wednesday, shares of Ascena Retail Group (ASNA) are cratering, down over 33% to $1.88 per share after the company slashed its guidance for its fiscal third quarter and full-year 2017.
Could Amazon Be the Next Big Pharmacy Giant?
by Madeleine Johnson
Amazon is reportedly looking to expand into new territory. According to CNBC, the e-commerce giant is trying to figure out how it can break into the multi-billion-dollar pharmacy industry.
SAP SE (SAP) Takes Concerted Steps to Fortify ERP Business
by Zacks Equity Research
In a bid to ramp up the sales of its cloud based Enterprise Resource Planning applications, SAP SE (SAP), has recently announced extension of its partnership with Google, unveiled a live business and took steps to fortify its cloud platform.
'Long Nasdaq' Trade Swaps Bullish Dollar Trade: Top 5 Picks
by Zacks Equity Research
Nasdaq's streak of record highs have made the technology-heavy index the 'most crowded' trade on the planet, replacing the bullish U.S. dollar trade.
Will Apple (AAPL) Introduce Refreshed Line of Macs at WWDC?
by Zacks Equity Research
Citing sources familiar with the matter, Bloomberg reported that Apple Inc (AAPL) might announce upgrades to its laptops at its upcoming Worldwide Developers Conference, to be held in June.
Apple (AAPL) Buys AI Specialist Startup Lattice for $200M
by Zacks Equity Research
Per a TechCrunch report, a few weeks back, Apple snapped up Lattice Data Inc, a startup specializing in artificial intelligence (AI).
Staples (SPLS) Q1 Earnings Meet, Sales Miss, Guides Q2
by Zacks Equity Research
Staples (SPLS) reported in-line earnings for the fourth straight quarter, when it reported first-quarter fiscal 2017 results.
Wal-Mart (WMT) Q1 Earnings: Poised for a Beat?
by Zacks Equity Research
Retail giant Wal-Mart Stores Inc. (WMT), is set to report first-quarter fiscal 2018 results before the opening bell on May 18.