Nasdaq AMZN Amazon

Back in February 2018, Netflix (NASDAQ: NFLX) CEO Reed Hastings spoke confidently about how the company's next 100 million subscribers were likely to come from India. But recent comments suggest Hastings may be a bit less confident.Speaking to analysts on the company's latest ear

Amazon (NASDAQ: AMZN) recently gave investors a glimpse at how many Prime members are streaming films and series through Prime Video. Hint: It's a lot.CEO Jeff Bezos said 175 million Prime members streamed video in 2020. Total Prime members just surpassed 200 million earlier this

Remitly Inc has hired investment banks to prepare for an initial public offering (IPO) in New York this year that could value the U.S. remittance payments processor at around $5 billion, people familiar with the matter said on Thursday.

The Nasdaq and the S&P 500 slipped on Thursday as vaccine makers fell after President Joe Biden announced plans to back intellectual property waivers on COVID-19 shots, but losses were capped by an upbeat jobless claims report.

Amazon (AMZN) CEO Jeff Bezos continues to shrink his stake in the e-commerce powerhouse as he prepares to step back from active duty at the company to focus on other businesses.Bezos sold 0.74 million Amazon shares this week in a series of transactions, according to SEC filings. The transactions together generated approximately $2.5 billion. The sales were made at an average selling price of $3,363.80 per share. According to a Reuters report in 2017, Bezos revealed that he was selling his Amazon shares to fund his space exploration startup, Blue Origin. He said he would be selling about $1 billion worth of Amazon stock each year for the space investment. The latest sale is likely tied to the Blue Origin project.The billionaire will step down as Amazon CEO before the end of 2021. Andy Jassy, currently head of the company’s cloud computing business, will replace him. (See Amazon stock analysis on TipRanks)The transition should allow Bezos more time to focus on building Blue Origin, which is targeting the space tourism market. It has opened an auction for seats on its first commercial space flight planned for July 20. “We named our launch vehicle after Alan Shepard to honor his historic flight,” Blue Origin said in a statement announcing the opening of the ticket auction.The money made from ticket sales will be donated to Blue Origin's foundation, to inspire young people to pursue careers in science and technology and stir up interest in space.Needham analyst Laura Martin reiterated the Buy rating and raised the price target to $4,150 from $3,700 on Amazon stock. Martin’s new price target implies 26.9% upside potential from current levels.Commenting on Amazon’s 1Q earnings results, Martin stated “Services revs are a more important upside value driver for AMZN shareholders than Products”.Consensus among analysts on Wall Street is a Strong Buy based on 32 unanimous Buy ratings. The average analyst price target of $4,289.03 implies 31.14% upside potential to the current price.AMZN scores a 9 out of 10 on TipRanks’ Smart Score rating system, implying it is likely to outperform the market.Related News: Amazon’s Tussle With Microsoft Over Jedi Contract Continues - ReportApple Expands Its App Store AdsActivision Blizzard Raises Full-Year Outlook After Record Q1

It's easy to look at a company like Amazon (NASDAQ: AMZN) or Apple (NASDAQ: AAPL) and assume it's too late to invest, or that these "big tech" companies are too big to beat the market. But that's simply not true. Sure, big companies tend to grow more slowly, but Amazon and Apple

U.S. stocks were set for a subdued open on Thursday after data showed weekly jobless claims fell more than expected, while vaccine makers came under pressure after President Joe Biden's plan to back intellectual property waivers on COVID-19 shots.

Amazon (NASDAQ: AMZN) and Lowe's Companies (NYSE: LOW) are two different yet successful businesses. Both have rewarded shareholders handsomely over the years.Amazon's stock has gained over 425% in the past five years while Lowe's has had a nearly 160% increase. These have handily

Amazon (NASDAQ: AMZN) will take a whopping 40% of online retail sales in the U.S. this year, but it's punching above its massive weight in another aspect of e-commerce. Advertising on Amazon's U.S. marketplace will generate over $18 billion this year, representing about 80% of ma

U.S. stock index futures rose on Thursday ahead of data that is expected to show a decline in weekly jobless claims, while shares of vaccine makers looked to extend losses after President Joe Biden's plan to back intellectual property waivers on COVID-19 shots.

With vaccination rates continuing to climb across the country, the end of the pandemic seems to be in sight. And according a recent IPSOS poll, roughly two-thirds of Americans are optimistic that the country is going in the right direction. For investors, now may be a great time

Last year, so-called stay-at-home stocks took off even as the market dropped due to the COVID-19 pandemic. But many of these same companies have struggled since the beginning of this year. Case in point: Shares of telehealth specialist Teladoc Health (NYSE: TDOC) and those of tec

The Dow Jones Industrial Average ended at a record high on Wednesday, driven higher by energy and other economically sensitive sectors, while the Nasdaq closed in red as megacap growth stocks slipped.

MercadoLibre Inc posted a larger quarterly loss on Wednesday, hit by a higher tax bill and weak margins, as the Argentine e-commerce giant boosts spending to respond to a surge in online shopping and digital payments in Latin America.

MercadoLibre Inc posted a larger loss for the first quarter on Wednesday, hit by lower margins as the Argentine e-commerce giant boosts spending to respond to a surge in online shopping and digital payments in Latin America.

The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and closed in red.

Just when you thought a rapid vaccine rollout would lead to good news for brick-and-mortar stores, Amazon (NASDAQ: AMZN) comes along and reminds investors just how large a shadow e-commerce can cast by crushing its first-quarter earnings.I wrote in April that the king of e-commer

Wall Street's main indexes and the Dow hit a record high on Wednesday, as growth stocks bounced from a steep selloff in the previous session and a survey showed private jobs rose in April.

Blue Origin, billionaire Jeff Bezos' rocket company, said on Wednesday it is targeting July 20 for its first suborbital sightseeing trip on its New Shepard spacecraft, a landmark moment in a competition to usher in a new era of private commercial space travel.

The S&P 500 and the Nasdaq rose on Wednesday as megacap stocks bounced from a steep selloff in the previous session and private jobs rose in April, but a decline in Boeing shares weighed on the Dow.