Amazon shook the grocery industry to its core when it acquired upscale grocery chain Whole Foods Market for a hefty $13.7 billion in cash on June 16.
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Amazon just opened up a brick-and-mortar retail store in NYC.
It's a complete 180 from traditional business models... and it's pure genius.
Investors are hoping for an Amazon stock split in 2017 as the AMZN stock price has almost reached $1,000 per share.
For most retail investors, that's just too expensive.
No retailer is safe from online giant Amazon.
In fact, now even grocery store chains have a reason to be nervous.
Even though Amazon Inc. (Nasdaq: AMZN) suffered a PR hit over the weekend, Amazon stock emerged Monday unscathed. An hour into trading at 10:30 a.m. ET, AMZN stock was flat at $530.34 a share (-0.22%).
The New York Times ran a scathing story Saturday about the largest American Internet-based retailer. Therein, testimonials from 100 current and former employees depicted a "bruising" workplace, where employees are expected to "toil long and late," and where workers suffering from personal crises, including cancer, miscarriage, and bereavement, are simply edged out.
Hot on the heels of its controversial "Prime Day," Amazon.com Inc. (Nasdaq: AMZN) announced earnings after closing bell Thursday, July 23 - and it was a doozy...
The historic report sent Amazon stock soaring more than 17%, pushing the company's net worth well past that of the world's largest retailer, Wal-Mart Stores Inc. (NYSE: WMT).
Amazon.com Inc. (Nasdaq: AMZN) debuted its first-ever "Prime Day" today. Discover the best Amazon Prime Day deals, learn how Prime Day will impact Amazon's stock price, and find out how the competition is responding.
New FAA drone regulations proposed Feb. 15 aren't what tech giants Google Inc. (Nasdaq: GOOG, GOOGL) or Amazon.com Inc. (Nasdaq: AMZN) had hoped for.
"...Once you spend some time looking at them, some of the things proposed would be devastating to the future of the industry," Small UAV Coalition executive director Michael Drobac said to The Wall Street Journal Monday.
As of Jan. 9, Jeff Bezos' net worth was $27.8 billion according to Forbes. His company Amazon.com (Nasdaq: AMZN) - the largest Internet retailer in the U.S. - had a market capitalization of $137.98 billion.
The man Wall Street has come to know is a visionary who doesn't conform to typical big business management. That's evidenced every quarter in the last three years. Amazon continues to post impressive sales numbers, coupled with earnings per share (EPS) losses. The company hasn't turned a profit since 2012. Despite pressure to improve Amazon's bottom line, Bezos steadfastly reinvests the company's massive sales. He hasn't faltered from his strategy of diversification and growth.
Investors are left wondering where the company is headed next and more importantly, when it will turn a profit.
That's why we put together a list of five facts you didn't know about Jeff Bezos. Perhaps the best way to determine where Amazon is headed is a greater of understanding of the man behind its wheel.
Part of our investment "thesis" with Alibaba Group is that the e-commerce giant has designs on markets besides China.
And we got a solid sign of that early last week.
Last Monday, at the Wall Street Journal's 2014 Global Technology Conference, Alibaba Chairman Jack Ma said he hoped his payments company, Alipay.com, could link up with Apple and its new mobile-payment system, Apple Pay.
"I'm very interested in that," Ma told journalists during an interview at the event. "A good marriage needs both sides working hard. I respect Apple and I respect [Apple CEO] Tim [Cook] very, very much - from the heart. I hope we can do something together."
Just a few minutes later, Cook - who was in the audience and interviewed up on stage right after Ma - said he would like to see Apple collaborate with Alipay.
This was more than just an exchange of pleasantries between two top tech CEOs.
It tells us that a deal will likely get done. And it would be an important deal for both companies.
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.
On Friday, Topeka Capital Markets upgraded its price target on Amazon.com (Nasdaq: AMZN) stock to $485.00 per share, another boost for the company that seems to do no wrong of late. The share-price target indicates potential upside of 23.21% from Amazon stock's present value of $396 per share.