◊ FedEx Financial News – Stock Market News Today ◊ FedEx Corp. said it was ending its contract to deliver Amazon.com Inc. packages through its ground network, essentially severing ties with one of the world’s biggest shippers. The delivery giant… Read More ›
Amazon executives are deliberating whether to delay some of the initial phase of investments to get the project started, according to one of the people familiar with the discussions. The internal talks haven’t progressed to deciding whether to relocate future jobs or the campus.
Brands Invent New Lines for Only Amazon to Sell. Amazon gets exclusive products, while brands receive faster customer feedback, marketing support and increased sales
The online retail giant is asking consumer-goods companies to create brands exclusively for Amazon after finding that developing them on its own is too costly and time-consuming, according to people familiar with the strategy.
Amazon recently expanded its nascent home-delivery service, called Amazon Shipping, beyond test markets in London and Los Angeles
An Amazon spokesperson said the company is “always working to develop new, innovative ways to support the small and medium businesses who sell on Amazon, including testing shipping programs that help these businesses get packages to their customers quickly and reliably.”
Amazon and Microsoft are currently the two largest providers of public cloud services. That business is generating nearly $50 billion a year in revenue now between the two and is expected to double by the end of 2020
The cloud business bolsters the margins of both companies; 60% of Amazon’s trailing 12-month operating earnings came from its AWS cloud segment, which accounted for only 11% of the company’s revenue in that time.
Amazon, Reinvents Itself. The retailer is targeting hundreds of millions of new online shoppers in India’s countryside
Most are new to online shopping and often don’t have smartphones, credit cards or even delivery addresses. What they do have is money to spend.
Regulators are pushing Amazon.com Inc. and other companies to disclose more about where they get their revenue
The Securities and Exchange Commission has pressed Amazon to tell investors how much of its revenue comes from its Amazon Prime customers, according to letters between the SEC and the company.
Amazon, Apple and Microsoft are in a tight race for the title of world’s most valuable public company.
Amazon is now in the running in a three-way race to become the world’s most valuable public company.
Amazon, Emerges as an Advertising Giant, Its push challenges the big ad sellers, including Facebook, Google and TV networks
Amazon.com Inc. handles nearly half of all online sales in the U.S., giving it a popular platform and a wealth of consumer data. Now it’s on track to become the next juggernaut of online advertising
Today’s Stock Market News – Amazon Inc said on Friday it would carry more Apple Inc products globally in time for the holiday shopping season
In coming weeks, the world’s biggest online retailer will sell the latest editions of Apple’s iPhone, iPad and other devices in the United States, Europe, Japan and India.
Amazon is luring the next generation of consumers. To teenage shoppers, there is nothing quite like Amazon (AMZN).
StockMarketNews.Today – Nearly half of 8,500 teens (47%) surveyed by Piper Jaffray named Amazon their favorite shopping website. The share is up three percentage points from 44% this spring and leads other competitors by a wide margin. The second “most preferred shopping website” is Nike.com at 5%.
Amazon.com Inc said on Friday it plans to open its checkout-free grocery store in New York, expanding beyond Seattle.
StockMarketNews.Today – The Amazon Go store, which has no cashiers and allows shoppers to buy things with the help of a smartphone app, is widely seen as a concept that can alter brick-and-mortar retail.
Stock markets mixed after US tech sell-off. Amazon smashes expectations with first $2bn quarter. 10-year Japanese government bond yield back above 0.1%.
StockMarketNews.Today – Asia Pacific equities benchmarks were mixed on Friday as a sharp drop by the tech-heavy Nasdaq Composite on Wall Street overnight had an uneven impact on tech stocks in the region.
Strikes by Amazon workers in Europe threaten Prime Day sales. Annual event hit as German and Spanish staff down tools and US site is hit by outages
StockMarketNews.Today – Amazon workers in Germany went on strike on Tuesday, adding to the problems afflicting the company’s biggest annual promotional event following industrial action in Spain and website outages in the US.
Amazon is driving brands to increase their advertising on its website for next week’s Prime Day, its annual sales event — potentially giving another boost to a revenue stream that has brought the ecommerce group into competition with Google and Facebook, the dominant forces in digital advertising.
Sellers and consultants say Amazon has advised some merchants to double or even triple their overall ad spending and the amount of money they bid on keywords if they want to get their products at the top of search results.