Amazon announced Friday that it had acquired driverless technology startup Zoox for an undisclosed sum. The deal was first rumored last month.
Paul Ausick Friday's top analyst upgrades and downgrades included Amazon.com, Broadcom, Boeing, DraftKings, eBay, Electronic Arts, Hilton Worldwide, iRobot, NetApp, Peloton Interactive and Tesla.
Amazon announced early on Wednesday that it has established a new Counterfeit Crimes Unit, dedicated to bringing to justice counterfeiters that violate the law and Amazon’s policies.
Chris Lange Wednesday's top analyst upgrades and downgrades included Amazon.com, Aurora Cannabis, Comcast, Dick's Sporting Goods, Morgan Stanley, Nike, Nio, Plug Power, Snap and Walt Disney.
As ad revenue continues to decline due to the spread of COVID-19, there will be one winner: Amazon.com.
The USPS faces another hurdle in its efforts to remain solvent. A new change in international shipping rates goes into effect on July 1 that could lower the agency's revenues.
A multi-day online shopping festival known as 6.18 concluded Thursday in China with sales for the period totaling more than $126 billion.
Wednesday's top analyst upgrades and downgrades included Amazon.com, Apple, Barrick Gold, Home Depot, Lennar, Lowe's, Newmont, Nikola, Oracle, Valero Energy and Visa.
Roku, seeking more traction with advertisers, will be the first presenter at the IAB's NewFronts next week.
These four stocks all offer investors strength in their specific technology silos and the ability to generate some significant portfolio alpha.
AT&T looks to streamline streaming brands with the elimination of HBO Go.
Walmart has announced on Monday that it is expanding its e-commerce marketplace to more small businesses in a pact with Shopify.
Facebook looks to angel investments as acquisitions draw unwelcome antitrust scrutiny.
What may give investors pause is whether Amazon will continue to dominate online retail sales following the wider adoption of online shopping resulting from the COVID-19 pandemic and the stay-home orders.
Quibi, the short-form video streaming video destination, is late to the market, particularly one so crowded. It is lucky to have deep pockets.
