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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 to Make Unruly's Digital Video Ads More Targeted
by Zacks Equity Research
International Business Machines Corporation (IBM) recently announced that Unruly has teamed up with IBM Watson to build a new cognitive powered psychographic targeting tool.
Company News for December 19, 2016
by Zacks Equity Research
Companies in the News are: NFLX,AMZN,EGLT,EVOK,JBL
The Zacks Analyst Blog Highlights: Apple, Alphabet, Facebook, Microsoft and Amazon
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Alphabet, Facebook, Microsoft and Amazon
Is the Market Losing Steam?
by Sheraz Mian
The absence of any near-term catalysts argue against any major moves over the next few weeks, but the long-term outlook is still positive.
Will Peter Thiel's Palantir Technologies Be the Best IPO of 2017?
by Ryan McQueeney
Whether it be the wild presidential campaign, unusual number of celebrity deaths, or the disappointingly sluggish IPO market, 2016 has been a rough year. Luckily, investors are already looking to shake things off and welcome in the New Year with several marquee IPOs, possibly including the mysterious big data company Palantir Technologies.
Oracle (ORCL) Posts In-Line Q2 Earnings, Misses Sales
by Zacks Equity Research
Oracle Corporation's (ORCL) posted mixed second-quarter 2017 results.
IBM Announces New Features for its Open Serverless Platform
by Zacks Equity Research
International Business Machines Corp (IBM) recently stated that its Bluemix OpenWhisk technology, is seeing increased adoption across a wide range of industries.
Is Amazon (AMZN) Venturing into the Trucking Business?
by Zacks Equity Research
If rumors are to be believed Amazon.com Inc. (AMZN) is secretly working on an Uber like app to pair truck drivers with shippers, as reported by Business Insider.
FedEx (FDX) Likely to Beat on Q2 Earnings: Stock to Gain?
by Zacks Equity Research
FedEx (FDX) is set to report its second quarter results on Dec 20.
Twitter (TWTR) Enables Direct Broadcasting of Live Videos
by Zacks Equity Research
Yesterday, Twitter Inc. (TWTR) announced that users can now directly broadcast live video on its app through just a tweet.
YUM! Brands' Pizza Hut Expands Digital Ordering Capabilities
by Zacks Equity Research
Yum! Brands, Inc. (YUM) is leaving no stone unturned to subsidize the effects of the China division spin-off as well as to bring its growth story back on the track.
Amazon (AMZN) Echo to Control Every Wynn Las Vegas Room
by Zacks Equity Research
The Wynn Resorts (WYNN) in Las Vegas has just announced that it will put Amazon???s (AMZN) Echo in all its hotel rooms by coming summer.
Helen of Troy's (HELE) Kaz Launches New Ceramic Heaters
by Zacks Equity Research
Helen of Troy's (HELE) wholly owned subsidiary, Kaz Inc., has unveiled its new Honeywell HeatGenius and UberHeat Ceramic heaters.
Facebook's (FB) Oculus Splits into Two, CEO Iribe Resigns
by Zacks Equity Research
Facebook Inc (FB) has split Oculus into two separate units. As a part of the reshuffle, Oculus CEO, Brendan Iribe will resign from his post.
IBM Looks to Invest $1B to Create 25,000 jobs in the U.S.
by Zacks Equity Research
Reportedly, International Business Machines Corporation (IBM) CEO Ginni Rometty has expressed her intent to create 25,000 job opportunities for U.S. citizens.
Kilroy Realty (KRC) Announces Seattle Lease with Amazon
by Zacks Equity Research
Kilroy Realty Corporation (KRC) declared the execution of a long-term lease with Amazon.com, Inc. (AMZN), depicting the solid demand for space at the company's properties from reputed and fast growing companies.
Tech and Trump: Can They Find Common Ground in New York?
by Madeleine Johnson
Jobs, immigration, and regulation will all be likely discussion topics during the Wednesday meeting with President-Elect Donald Trump and top tech leaders from Silicon Valley.
Stock Market Roundup, Dec. 12: Oil Soars, Trump Clashes With China
by Ryan McQueeney
It was a mixed day on the stock market as investors reacted to a new production cut agreement from several non-OPEC members that sent oil prices soaring, as well as statements from President-elect Trump that have caused diplomatic tensions between the U.S. and China.
Bull of the Day: Acacia Communications (ACIA)
by Kevin Cook
The hottest IPO of 2016 makes optical networking equipment to build the new high-speed cloud for Facebook
Can Pandora (P) Turn its Fortune Around with New Service?
by Zacks Equity Research
Amid takeover rumors, Pandora Media Inc. (P) has announced a new on-demand streaming service, Pandora Premium. Reportedly, the new service, expected to be launched in early 2017, carries a price tag of $10.
Telecom Stock Roundup: Verizon Finalizes Divestiture, AT&T Tries 5G, CenturyLink's OTT On Track
by Zacks Equity Research
The telecom industry experienced a good run on the bourse last week as most of the key stocks traded in the green. Although the space lacked excitement, a few events were worth noting.
Wal-Mart (WMT) Well Poised on Growth Track: Should You Hold?
by Zacks Equity Research
Wal-Mart Stores, Inc. (WMT) has exhibited a bullish run on the index year to date. We note that in the said period the stock has surged 14.8% and comfortably outperformed the Zacks categorized Retail-Supermarkets Market industry, which showcased growth of just 7.8%.
Verizon (VZ) to Divest 29 Data Centers to Equinix for $3.6B
by Zacks Equity Research
Verizon Communications (VZ) recently finalized its deal with Eqinix Inc. (EQIX), to divest its data center business to the latter.
Are Traditional Convenience Stores Threatened by Amazon Go?
by Zacks Equity Research
This new line of convenience stores introduced by e-commerce giant Amazon (AMZN) through its "Project Como" earlier this year has started to hog attention.
Tech Stock Roundup: Stocks React to Trump Promises
by Sejuti Banerjea
Apple (AAPL) was rumored to produce fewer iPhones, Intel (INTC) announced the creation a new Auto unit and Amazon (AMZN) hosted a huge re:Invent conference even as the sector slumped in anticipation of Trump-inspired regulatory changes.