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Amazon Falls After Missing Sales Forecast
Thursday, October 25, 2018 - 4:31pm | 313Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares have taken a slight hit after the company’s third-quarter earnings release. Q3 Highlights Sales totaled $56.576 billion, missing estimates of $57.1 billion. Sales increased 29.33 percent from the third quarter of 2017. Operating cash flow increased...
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Amazon Q3 Earnings Preview: Keep An Eye On AWS
Wednesday, October 24, 2018 - 1:00pm | 404Read More...Amazon.com, Inc. (NASDAQ: AMZN) is expected to report third-quarter earnings Thursday. Analyst estimates call for earnings of $3.12 per share on sales of $57.1 billion. Higher Minimum Wage 'Squarely In Focus' Amazon’s growth in advertising, Amazon Web Services and third-party sales...
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'Margins To The Rescue' After Amazon Misses Q2 Sales Estimates
Friday, July 27, 2018 - 11:07am | 625Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported earnings for the second quarter Thursday. Earnings per share and sales came in at $5.07 and $5.29 billion, respectively. The company also issued guidance for Q3 just below consensus estimates, but with significantly higher operating profits. It was this...
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Why Amazon Web Services Is Closely Linked To Finance: 'Access To Infinite Computing Power'
Wednesday, May 16, 2018 - 10:50am | 345Read More...As Amazon.com, Inc. (NASDAQ: AMZN) evolved from online bookstore to the dominant force in e-commerce, the company had to break up its “monolithic” software, Amazon Web Services' Stephen Orban told the 2018 Benzinga Global Fintech Awards on Wednesday. The effort led to what is now...
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3 Ways Amazon Could Transform Health Care
Tuesday, May 15, 2018 - 11:22am | 363Read More...Amazon.com, Inc. (NASDAQ: AMZN) was reported last week to be building out a health and wellness team within its Alexa division to better integrate the assistant in health care. Loup Ventures considers this program just the start of a broader, three-pronged invasion of the $3.3 trillion industry....
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Sabre Expands Relationship With Amazon's AWS, Reports Q1 Beat
Tuesday, May 1, 2018 - 10:48am | 294Read More...Travel technology company Sabre Corp (NASDAQ: SABR) announced an expansion Tuesday of its existing strategic relationship with Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services. The agreement underlines Amazon's dominant cloud positioning. The AWS business fetched Amazon 10.7...
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Another Analyst Sees Amazon Shares Rising To $1,700
Wednesday, March 7, 2018 - 1:08pm | 400Read More...With Amazon.com, Inc. (NASDAQ: AMZN) stock already up another 31 percent so far in 2018, analysts are scrambling to update their price targets along the way. On Wednesday, yet another analyst upped his price target for Amazon by $100. The Analyst Loop Capital analyst Anthony Chukumba reiterated...
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Veritone Rips Higher After Being Recognized By AWS
Tuesday, November 28, 2017 - 5:26pm | 308Read More...What Happened: Volatile Veritone Inc (NASDAQ: VERI) spiked more than 20 percent late Tuesday after announcing it is among the first Amazon Web Services recognizes as machine-learning competent. Why It's Important: The designation ultimately elevates Veritone to membership in the AWS Partner...
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How AWS Will Use AMD's Graphic Technology For The Cloud
Tuesday, September 12, 2017 - 4:03pm | 360Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) announced Tuesday that its Radeon Pro MxGPU chips would support graphics design software on Amazon.com, Inc. (NASDAQ: AMZN)’s AppStream 2.0, a product combination that could result in cheaper and faster graphics processing. “With Graphics...
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Chinese Amazon Cloud Operator Bans Filter-Routing Software
Tuesday, August 1, 2017 - 10:05am | 494Read More...Champions of China’s free internet campaign took another hit Monday with a pullback of functionalities on Amazon.com, Inc. (NASDAQ: AMZN)’s cloud computing services. Beijing Sinnet Technology, the Chinese company locally operating Amazon Web Services, ordered domestic site hosts to stop...
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Cloud Computing ETF Reaches For The Sky
Tuesday, July 25, 2017 - 8:17am | 541Read More...Gone are the days when the First Trust Cloud Computing ETF (NASDAQ: SKYY) was assailed as a niche fund, too narrowly focused to make it in the hyper-competitive world of exchange-traded funds. SKYY turned six years old earlier this month, and the lone ETF dedicated to the fast-growing cloud...
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Bullish Amazon Analyst Tempers Optimism For AWS Following Channel Checks
Tuesday, July 18, 2017 - 3:39pm | 355Read More...In a rare move among Amazon.com, Inc. (NASDAQ: AMZN) analysts, Deutsche Bank’s Lloyd Walmsley pulled back his price target from $1,150 to $1,135, maintaining a Buy rating. The cause is Walmsley’s recent channel checks on Amazon Web Services, which suggest less growth than previously...
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An Amazon/DISH Partnership Wouldn't Be That Crazy
Tuesday, May 23, 2017 - 9:33am | 486Read More...Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in talks with DISH Network Corp (NASDAQ: DISH) to become a “foundational customer” for the satellite provider’s upcoming Internet of Things (IoT) network ━ so what’s the big deal? “The idea of Amazon partnering with DISH...
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Your Guide To This Year's AWS Summit Schedule
Monday, April 17, 2017 - 10:16am | 721Read More...Amazon.com, Inc. (NASDAQ: AMZN) has become a name to reckon with in the online retail marketplace. The core business has given it so much clout and prowess that it has helped it to diversify into cloud computing business. Amazon, being what it is, has found tremendous success in the business...
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Barron's Picks And Pans: Under Armour, CarMax, Lowe's And More
Sunday, April 2, 2017 - 12:45pm | 630Read More...This weekend's Barron's cover story takes a look at a once-hot apparel company poised for a turnaround. Other featured articles offer the prospects for the nation's largest used car purveyor and an Amazon-proof retailer with room for growth. The outlooks for undervalued energy stocks and high-...
















