Tag Archives: Amazon

Big Tech disruptors have their eyes on healthcare but have reported positive financial results driven by their core business models in the fourth quarter of 2021. Google An increase in digital advertising on Google’s searches, video and internet platforms helped push sales 27 percent higher year over year, and its cloud sales increased 45 percent to $5.54 billion in the period. The company logged sales of $72.23 billion and profit of $19.91 billion from October to December 2021. Apple In… Source link

If you think about smart-home gadgets at all, you probably think about energy-saving thermostats or lights you control with an app. Most people don’t worry about how they work, let alone how they might work together. Some of tech’s biggest players— Apple Inc., Alphabet Inc . ’s Google, Amazon . com Inc. and Samsung Electronics Co . —have established smart-home platforms, so your iPhone can turn off the lights or Alexa can change the thermostat without too… Source link

Ukraine blamed a missile strike on Russian separatists, who in turn accused Ukraine of ceasefire violations as the Eastern Europe situation grew more uncertain. Stocks around the world fell while gold and other safe-haven investments rose. The Dow Jones, S&P 500, and the Nasdaq all fell as the market opened. Gold jumped more than 1%, continuing its February climb. Key Takeaways Uncertainty ruled in Eastern Europe as Ukraine blamed a missile strike on Russian separatists, who in… Source link

Amazon (AMZN) bulls may finally have a reason to smile — just like the company’s logo suggests — after a relatively ugly winter, according to a recent Bank of America (BAC) Global Research report. “We continue to rate Amazon as our top FANG and large-cap Internet stock for 2022,” Bank of America analyst Justin Post wrote in his report. “Amazon’s profit outlook is improving as the COVID impact on labor and supply chain subsides.” Amazon pushed markets up on Friday, and was the… Source link

(Reuters) -Peloton Interactive Inc has drawn interest from potential buyers including e-commerce giant Amazon.com Inc, according to a person familiar with the matter, as the exercise bike maker struggles to maintain pandemic-fueled growth. Shares of Peloton surged 30% in extended trading on the news, which comes days after activist investor Blackwells Capital urged the company’s board to put it up for sale. Amazon is exploring an offer for Peloton and is speaking with advisers about whether… Source link

Stock futures opened sharply higher Thursday evening as investors looked ahead to a key new report on the labor market and considered a fresh set of earnings results from several major index components. Contracts on the S&P 500 gained more than 1% as the overnight session kicked off. Nasdaq futures also jumped. Earlier, the Nasdaq Composite index sank by 3.7% for its worst single-day decline since September 2020. Oil prices also remained in focus on Thursday as U.S. West Texas intermediate… Source link

(Bloomberg) — Amazon.com Inc. reported a strong holiday quarter, calming Wall Street’s concerns that the company was headed for a slowdown. Most Read from Bloomberg Profit beat expectations, helped by the cloud-computing division, and investors cheered a price hike for the company’s Prime subscription service. The shares jumped as much as 19% in extended trading. The reaction highlights the importance of Amazon’s diversification from its e-commerce roots. Online store sales actually… Source link

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours. These are the top- and bottom-line results for Amazon’s fourth quarter. Earnings per share: $27.75 vs $3.77 expected Revenue: $137.4 Billion vs $137.82 Billion expected AWS net sales: $17.78 Billion vs $17.23 Billion expected This is the third time since the launch of Amazon Prime that the e-commerce giant… Source link

Text size It’s another big week for tech stocks, with results coming from Google, Amazon, Meta, and others. Denis Charlet/AFP via Getty Images … Source link

And just like that, struggling Kohl’s is one of the hottest commodities on Wall Street.  Guggenheim retail analyst Robert Drbul said in a new research note on Friday Amazon could express interest in buying Kohl’s. “Among the opportunities would be 1) customers, 2) categories, and 3) locations,” Drbul said. “For customers, according to Numerator, ~62% of Kohl’s shoppers are Prime members today, so there may be an incremental Prime opportunity for Amazon. Numerator data also shows that Kohl’s… Source link