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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
Apple Roundup: iPhone Still Drives Apple Shares
by Sejuti Banerjea
Apple is doing a lot in phones, tablets, services, music, payments, etc, but the one thing that still generates the bulk of its revenues and drives its share price is the iPhone.
Innovation ETF (ARKK) Hits New 52-Week High
by Zacks Equity Research
ARKK hit a new 52-Week High owing to recent movements in heavily weighted sectors and individual securities.
Oculus Rift Co-Founder Palmer Luckey Resigns from Facebook
by Zacks Equity Research
Per Bloomberg, which quoted Facebook Inc. (FB), Oculus Rift co-founder Palmer Luckey has left the social media company.
Amazon (AMZN) to Open Tenth Fulfillment Center in Texas
by Zacks Equity Research
In order to cater to growing demand in the online shopping space, Amazon.com Inc. (AMZN) shared plans of opening its 10th fulfillment center in Katy, TX.
Equinix (EQIX) Enters into Strategic Alliance with Verizon
by Zacks Equity Research
Equinix Inc. (EQIX) and U.S. telecom giant Verizon Communications (VZ) inked a deal.
by Zacks Equity Research
Is Verizon Considering Online TV Streaming Service Launch?
by Zacks Equity Research
Verizon Communications Inc. (VZ) is likely to start an online TV streaming service this summer, according to a recent Bloomberg report.
Unilever Partners with Lazada to Grow in Southeast Asia
by Zacks Equity Research
Unilever PLC (UL) has reportedly partnered with Southeast Asia's leading e-commerce player, Lazada in order to expand their businesses in the region.
Amazon Stock Hits a Fresh High: What's Driving the Increase?
by Zacks Equity Research
Shares of Amazon.com, Inc. (AMZN) hit an all-time high of $876.44 on Mar 29, before closing a tad lower at $872.32.
Consumer Discretionary ETF (XLY) Hits New 52-Week High
by Sweta Killa
This consumer discretionary ETF hit a new 52-week high. Are more gains in store for this ETF?
4 Brick-and-Mortar Retailers that Are Solid Buys for Now
by Tirthankar Chakraborty
If you are giving Brick-and-Mortar retailers a thought, make sure you look for companies that have a strong online presence.
Forget Lululemon (LULU), Buy These 5 Retail Stocks Instead
by Zacks Equity Research
Lululemon (LULU) crashed 17.5% in the after trading hours yesterday.
Amazon Shuts Down Quidsi Resulting in 263 Lay-Offs
by Parth Panchal
On Wednesday, Amazon (AMZN) announced it will be shutting down its fourth largest acquisition, Quidsi. The story seems to have a bit more juice than you think.
Domino's (DPZ) Robot Delivery Expands to Europe
by Joseph Lu
Domino's Pizza Inc. (DPZ) is expanding its robot delivery service to Europe. The recognized world leader in pizza delivery is teaming up with the London-based startup, Starship Technologies, to deliver pizza in Germany and the Netherlands with robots.
Amazon (AMZN) to Buy Souq.Com, Expands in the Middle East
by Zacks Equity Research
Online retail giant, Amazon.com Inc. (AMZN), has agreed to acquire a Dubai-based ecommerce giant, SOUQ.com. The terms of the deal are yet to be revealed.
Amazon Convenience Stores Deferred by Technical Glitches
by Zacks Equity Research
The much-talked-about 'no cashier convenience store' called Amazon Go to be launched by e-commerce giant Amazon (AMZN) through its 'Project Como' has got delayed.
Bear of the Day: Shopify (SHOP)
by Kevin Cook
Partnerships with Facebook and Amazon offer exciting potential, but the stock and EPS estimates are going in opposite directions
Netflix (NFLX) Reviews Sandler Deal, Adds Four More Films
by Zacks Equity Research
Netflix, Inc. (NFLX) has decided to expand its deal with one of the leading comedians Adam Sandler, per media reports.
Amazon (AMZN) Defeats IRS in Courtroom, Saves $1.5 Billion
by Zacks Equity Research
Amazon.com, Inc. (AMZN) has managed a big win over Internal Revenue Service (IRS) in a court battle that has saved it a massive $1.5 billion in tax bill.
Can Martha & Marley Spoon Deal Boost Amazon Grocery Efforts?
by Zacks Equity Research
Customers can now buy Martha & Marley Spoon meals kits through AmazonFresh and combine other items from AmazonFresh in their orders.
3 Takeaways from Starbucks' 2017 Annual Shareholders Meeting
by Madeleine Johnson
On Wednesday, coffee giant Starbucks Corp. (SBUX) held its 25th Annual Meeting of Shareholders in Seattle, with more than 3,300 partners, shareholders, invited guests, and board members in attendance.
Amazon (AMZN) Expands Prime Now 1-Hour Delivery to Milwaukee
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) Prime membership is getting bigger in the U.S. The latest city to get the one-hour delivery service is Milwaukee.
Is the Middle East Amazon's Next Big E-commerce Target?
by Zacks Equity Research
Amazon.com Inc. (AMZN) is reportedly buying a Dubai-based e-commerce company, Souq.com in principle.
Infosys has Room to Grow Despite Visa Scare: Here's Why
by Zacks Equity Research
Despite the high octane political drama surrounding the visa program, Infosys' shares have appreciated a strong 6.1% in the past three months, better than the Zacks categorized IT Services industry's average return of 4.5%.
Wal-Mart's Vudu Launches Mobile Disc-to-Digital Service
by Zacks Equity Research
Wal-Mart Stores Inc.'s (WMT) video on demand unit, Vudu has rolled out its first mobile offering which will convert DVDs and Blu-rays into digital collection.