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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
IBM Watson Commerce Adopted by Ernes to Boost Profitability
by Zacks Equity Research
International Business Machines (IBM) has announced that its cloud-based pricing optimization solution - Watson Commerce - has been selected by the Ermes Group.
Zacks Investment Ideas feature highlights: Amazon, Exxon, Qualcomm, S&P 500 and Russell 2000 small cap ETF
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Amazon, Exxon, Qualcomm, S&P 500 and Russell 2000 small cap ETF
Worldwide IT Spending Poised to Rebound in '17 Per Gartner
by Zacks Equity Research
Worldwide IT spending is projected to total $3.46 trillion in 2017, a 2.7% increase from $3.38 billion in 2016, as per a recent report from Gartner Inc. (IT).
Will Apple-Hollywood Partner to Offer Original Content?
by Zacks Equity Research
Apple Inc (AAPL) is planning to collaborate with Hollywood for original television content as per a recent report from The Wall Street Journal.
Amazon to Hire 100,000: Keeps Job Creation Practice Intact
by Zacks Equity Research
Whatever be the reason, job creation is quite expected from an industry leader such as Amazon.com, Inc. (AMZN), one of the world's fastest growing companies with fingers in almost every pie
IBM Watson Health, FDA Partner to Further Cancer Research
by Zacks Equity Research
International Business Machines (IBM) owned IBM Watson Health has teamed up with FDA to use blockchain technology to further cancer research.
Stock Market Roundup, Jan. 12: AMZN Jobs, FCAU Cheating, AKS & X Tank
by Ryan McQueeney
As investors continued to worry about President-elect Trump's targeting of the pharma industry, new concerns about U.S. industrial stocks help drag the markets down in morning trading Thursday. Nevertheless, stocks bounced back thanks to overall bullish optimism, and the markets ended on a strong afternoon run that saw indexes down just marginally on the day.
Tech Stock Roundup: AR/VR and Self Driving Cars Dominate CES
by Sejuti Banerjea
Top news last week was the Consumer Electronics Show, which started on Thursday and ended Sunday.
Amazon Pledges To Create 100,000 Full-Time U.S. Jobs By 2018
by Ryan McQueeney
Shares of Amazon (AMZN) gained as much as 1% in early morning trading Thursday after the company announced plans to create 100,000 full-time jobs in the United States over the next 18 months.
Amazon to Premiere Ronja, the Robber's Daughter on Jan 27
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) film production division, Amazon Studios has scheduled the premier of its prime-exclusive original kids' series Ronja, the Robber's Daughter on Friday, Jan 27 in the U.S. and the U.K.
Amazon Offers Chase Credit Card Intended for Prime Members
by Zacks Equity Research
Amazon.com, Inc. (AMZN) has announced a new Prime exclusive Visa (V) card in collaboration with JPMorgan Chase (JPM).
What Dampened the Holiday Mood of These Department Stores?
by Zacks Equity Research
The impact of challenging retail landscape, stiff competition from online retailers and waning store traffic was clearly visible on these stocks.
Zacks Market Edge Highlights: Disney, Netflix, Amazon, Lionsgate and Comcast
by Zacks Equity Research
Zacks Market Edge Highlights: Disney, Netflix, Amazon, Lionsgate and Comcast
Liberty Interactive (QVCA) Raised to Buy on Solid Prospects
by Zacks Equity Research
The rollout and success in online sales, international operations and foray into new markets, and the buyout of zulily were behind the Liberty Interactive's (QVCA) rank upgradtion.
Will South Dakota Sales Tax Hit Amazon (AMZN) Revenues?
by Zacks Equity Research
With budget deficits staring down most state governments, there is an ongoing drive to collect sales taxes that have been successfully avoided for nearly two decades.
Amazon Enhances Kids' Archive with Xilam Animation Deal
by Zacks Equity Research
Amazon.com Inc. (AMZN) recently announced a multi-year deal with Xilam Animation. The terms of the deal were kept confidential.
Wingstop (WING) Perks Up Digital Ordering with Amazon Alexa
by Zacks Equity Research
Wingstop, Inc. (WING) is further expanding its digital ordering capabilities with the launch of voice-activated ordering through Amazon Alexa.
Wal-Mart (WMT) Announces Job Cuts to Bring Down Expenses
by Zacks Equity Research
Wal-Mart Stores, Inc. (WMT) reported that it will eliminate about 1000 jobs this month, mostly in the human resources department, as the company is struggling with rising expenses.
How to Invest in Hollywood's Winners
by Tracey Ryniec
The television and movie industries are changing at lightning speed but a few companies have the edge.
Is 2017 the Year of the Retail Famine?
by Madeleine Johnson
It's just 10 days into the New Year, and some of the biggest retail brands in the country have announced major store closings due to dismal holiday season sales and the continued shift to online shopping.
Prologis (PLD) Reports Robust Build-to-Suit Activity for 2016
by Zacks Equity Research
Prologis Inc. (PLD) build-to-suit activity remained solid in 2016, with the company completing 18 such development projects in the second half of the year.
Alibaba Partners with Intime Founder to Privatize Intime
by Zacks Equity Research
Alibaba Group Holding Limited (BABA) has tied up with Intime Retail Group Co Ltd founder, Shen Guojun, in a 2.6 billion bid to privatize Intime.
Amazon's (AMZN) Echo Equipped to Deliver Meals for Free
by Zacks Equity Research
In its latest gambit to spread Alexa's influence, Amazon.com, Inc. (AMZN) upgraded Alexa with the ability to order food from Amazon Restaurants.
IBM Watson Partners with Illumina to Advance Cancer Research
by Zacks Equity Research
International Business Machines (IBM) owned IBM Watson Health Illumina (ILMN) have inked a partnership to achieve better interpretation of genome data.
Is 2017 the Year of the Retail Glut?
by Madeleine Johnson
It???s not even 10 days into the New Year, and some of the biggest retail brands in the country have announced major store closings due to dismal holiday season sales and the continued shift to online shopping.