Amazon.com Inc
NASDAQ: AMZN
$187.97
-$3.19 (-1.7%)
Closing Price on September 27, 2024
AMZN Articles
Speculation has arisen that Walmart will try to turn the tables and make a higher bid for the upscale food retailer Whole Foods than Amazon did.
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With the third quarter looming, many of the major firms on Wall Street that we cover here at 24/7 Wall St. are busy putting out reports on second-half activity and expectations, including Merrill...
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Uber CEO Travis Kalanick was kicked out by several large shareholders, Amazon.com has launched a new service called Wardrobe and the Chevy Bolt has been named a Top Safety Pick.
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The top analyst upgrades, downgrades and other research calls from Monday include Amazon.com, Biogen, Costco Wholesale, Kroger, Travelers and Wayfair.
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Whole Foods shareholders have to approve the Amazon deal, and ultimately, if there is another offer, they may have the final decision.
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Boeing said it may build a new moderate-sized plane, "Cars 3" edged out former champ "Wonder Woman" at the box office and the biding for Whole Foods may not be over.
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24/7 Wall St. has taken a look at the earth-shattering events from the past week in the grocery space and given some analysis on how this might impact the rest of the industry.
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The sharing economy is gigantic and will only grow bigger as demand increases and the need for flexibility and timeliness becomes more and more important.
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While it is too early to say whether Amazon's effect on the entire retail sector will spread to the mammoth local grocery store business, there is little reason to think otherwise.
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The Amazon takeover of Whole Foods has rocked the grocery business, Lyft has seen a boost from rival Uber's unrelenting problems and General Motors said it will bring back some jobs from Mexico.
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Amazon's $13.7 billion acquisition of Whole Foods looks like a counter move to the recent strength shown by Wal-Mart in online sales. But there's even more at stake than that for Amazon.
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Whole Foods shares were halted in early trading Friday after some Earth-shattering news hit the market. Amazon.com is making an incredibly ambitious purchase and buying out the organic grocer.
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Snap's share price has fallen back to its IPO price, quarterly results at Kroger were disappointing and Bitcoin valuations have collapsed.
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Uber's CEO has kept his job, investors continued to sell down top tech stocks and Fitch names several retailers that may be unable to survive.
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Have stocks peaked? Again, calling absolute peaks or bottoms is almost impossible. What is not impossible is to see when markets or sectors become wildly overbought or too crowded.
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