Amazon.com Inc
NASDAQ: AMZN
$187.53
+$0.64 (+0.3%)
Closing Price on October 17, 2024
AMZN Articles
Out of a total audience of about 256 million unique U.S. Internet users, fully 95% visited a property owned by Google in May. That is an astounding number.
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The most damning criticism of Amazon is that it does not make money. It has, however, maintained a huge lead over its online competition.
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The office products space has been an industry in consolidation, and now we are closer to the three major players completing their consolidation into one.
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In its first-quarter earnings report, Kroger gave a nod to the increasing role of technology and e-commerce in the consumer landscape.
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Apparel retailers operate in a highly competitive environment. They may want to do away with their brick-and-mortar operations altogether and partner up with Amazon.com.
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Amazon.com could pick from scores of other customers, but The Weather Channel is among the leaders of its Amazon Web Services promotions.
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It is a tried and true formula. A retailer posts poor results, so it closes stores because it hopes to maintain sales per location.
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While some might question Amazon's spending habits anyhow, 24/7 Wall St. could not help but wonder one thing here: is Amazon bowing its head to Greenpeace?
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The heir apparent at J.C. Penney has indicated he will not close more stores. As part of his plan, he will make more use of the Internet and squeeze suppliers.
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The streaming music space already has successful, or apparently successful competitors, but Google barely cares about the business at all.
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In yet another measure of Amazon.com's dominance among retailers, a new survey ranked its brand value well ahead of all other companies in the segment.
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Google introduced several promising new products this past week, but the stock has continued to remain range-bound.
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In yet another move to take over the world, Amazon.com is reportedly getting ready to expand its line of private-label brands to include more grocery items.
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Thursday, Amazon kicked off free same-day delivery on orders of $35 or more in a dozen U.S. metro areas.
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Amazon.com will add 6,000 new jobs at its U.S. fulfillment centers. It is extremely unlikely that the jobs will pay well.
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