Amazon stock (Nasdaq: AMZN) won't be hurt for long by the Alibaba IPO, due to hit Sept. 18. While both companies are e-commerce giants in their own right, the two may not be as competitive with one another as you think...
Amazon stock (Nasdaq: AMZN) enjoyed a bump Wednesday after ChannelAdvisor released its August same-store sales (SSS) report. Amazon's at the top of the e-commerce pack, nearly quadrupling the industry average.
On Tuesday at its gala event, Apple (Nasdaq: AAPL) unveiled its mobile payment device, the "Apple Pay." It will compete with Amazon (Nasdaq: AMZN), which just launched its own swipe-to-pay device, the "Amazon Local Register," in August, and current market leader Square.
Amazon stock (Nasdaq: AMZN) - and its investors - is going to see huge upside from the company's expansion into the exploding gaming industry. The late August purchase of Twitch Interactive made sure of it.
On Monday, Amazon.com (Nasdaq: AMZN) announced it bought Twitch Interactive Inc. - the world's largest gaming arena and the fourth-largest source of all U.S. web traffic - for $970 million. That makes Twitch AMZN's biggest acquisition of all time.
On Wednesday morning, the world's biggest online retailer announced a deal to place a new Amazon HQ (Nasdaq: AMZN) in China's Shanghai Pilot Free Trade Zone (SFTZ) late next month.
A new Amazon HQ in China will allow the company to take on Chinese e-commerce giant Alibaba (NYSE: BABA) on its home turf, right around the same time the Alibaba IPO hits U.S. markets.
Unveiled today in Seattle, the Amazon.com Inc. (Nasdaq: AMZN) Fire Phone is everything the rumors promised and more, but there was one surprise - the price.
Instead of offering the Amazon Fire Phone at a nominal $99, the online retail giant is charging $199 for its 32-gigabyte model and $299 for its 64-GB model.
And those are the subsidized prices. AMZN is also selling the Fire Phone at unsubsidized prices: $649 and $749, pitting it directly against the high-end iPhone 5S and the Samsung Galaxy S5.
In a daring move that has an excellent chance of paying off, Amazon.com, Inc. (Nasdaq: AMZN) is expected to introduce its own smartphone at a special media event tomorrow (Wednesday).
While Amazon has been coy about the details, the clues add up to a smartphone with some sort of special capability - almost certainly a glasses-free 3D display.
Some critics don't like it, wondering why Amazon is jumping into the crowded, cutthroat smartphone market.
Amazon (Nasdaq: AMZN) stock surged to finish up 3.87% at close today (Thursday) ahead of its Q1 2014 earnings reveal. Shares continued to rally in after-hours trading, up another 0.8 % around 4:45 p.m. EDT.
"I don't care whether Amazon misses today, I just care that it's the company's status quo," Money Morning Chief Financial Strategist Keith Fitz-Gerald said. "With Amazon, I'll take anything but no big surprises - only if there's a big surprise will I be concerned."
Fitz-Gerald was keen to watch two areas in the company's release today to hint at Amazon's future profitability: Amazon's shipping model, and its sales.
U.S. stocks jumped yesterday on strong earnings reports and a deal frenzy across the healthcare sector. The S&P 500 and Nasdaq were in the black for the sixth consecutive trading session.
They'll go for seven on yet another big day of earnings reports.
Stock market news today, April 14, 2014: The Dow Jones Industrial Average fell 143 points on Friday to finish at 16,026.75. The Nasdaq dropped 54 points to finish at 3,999.73, while the S&P 500 lost 17 points to end the day at 1,815.69.
While the pundits try to figure out how Amazon's new Fire TV stacks up to competition like Apple TV and Roku, Amazon is looking forward to how much it will fatten its bottom line. Amazon knows FIre TV will make gobs of money because
Top stock market news today, March 28, 2014: The Dow Jones Industrial Average fell 4.76 points to finish at 16,264.23. The Nasdaq dropped 22.35 points finish at 4,151.23, while the S&P 500 slid 3.52 to close at 1,849.04.
Meanwhile, gold prices fell $8.70 to close at $1,294.70 - below the $1,300 threshold for the first time in six weeks.
Friday's data will center on consumer income in February, an examination of February consumer spending, and a much anticipated look at March consumer sentiment.
If you're like most investors, you're probably feeling a bit frantic as this sell-off has pared your winnings.
Indeed, a lot of folks are probably thinking about cashing out and heading for the sidelines.
But I take a very different view of this kind of turmoil.
Amazon.com stock (Nasdaq: AMZN) stands to get a boost from a move it implemented this morning (Thursday). We'll call it "Operation Prime."
Around 8:30 a.m. EST, Amazon Prime members received the following email, notifying them of a 25% price increase from $79 per year to $99 per year, effective upon membership renewal.