Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24 hours. Do not worry, however, because the entrepreneur still has a net worth of $148 billion as of April 30, according to Bloomberg Billionaire Index. Bezos is now over $100 billion from Elon Musk, the world's richest man...
Continue ReadingChewy (NYSE: CHWY) shares have taken a beating over the last year. Perhaps the biggest problem for investors is that Chewy reported a loss of $74 million in fiscal 2021 (which ended in January). One opportunity that could lift both the top and bottom line at Chewy is the launch of sponsored ads, which management plans to introduce in 2023...
Continue ReadingAmazon's (NASDAQ: AMZN) first-quarter report made a few things crystal clear about the e-commerce industry. Paid units, which includes items sold by Amazon and those sold by third parties on Amazon's marketplace, were flat compared to the prior-year period. Shipping costs still rose 14% year over year for Amazon, and operating income was more than cut in half...
Continue ReadingForget the year-over-year growth numbers and look at the two-year "stacks." Amazon's business is deceptively accelerating, not decelerating...
Continue ReadingRising interest rates have historically meant tough times for growth stocks. With the Federal Reserve having already raised rates once in 2022 and signaling six more significant hikes before the year is out, companies that trade at growth-dependent valuations have been under pressure. With that in mind, a panel of Motley Fool contributors has identified top picks from the crowd of beaten-down growth stocks...
Continue ReadingThe stock of e-commerce titan Amazon (NASDAQ: AMZN) sank 14% the day after reporting its results for the first quarter of 2022. The company performed well, particularly in the Amazon Web Services (AWS) segment, but there was a notable drag on its profitability. In October 2021, Amazon disclosed that it held a 20% stake in electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN), which debuted on the market the following month...
Continue ReadingComcast and Charter's joint venture to challenge Roku, Amazon and other streaming platforms may signal cable's long-game strategy...
Continue ReadingChewy (NYSE: CHWY) shares have taken a beating over the last year. The stock is currently down 74% from its all-time high in early 2021. A combination of slowing sales growth and a high valuation contributed to the slide...
Continue ReadingAmazon's (NASDAQ: AMZN) first-quarter report made a few things crystal clear about the e-commerce industry. For starters, demand is basically at a standstill. Paid units, which includes items sold by Amazon and those sold by third parties on Amazon's marketplace, were flat compar...
Continue ReadingAmazon.com (NASDAQ: AMZN) endured a brutal 14% sell-off on Friday after its Thursday night earnings report, and now trades at levels not seen since April of 2020. But in contrast to a name like Netflix (NASDAQ: NFLX), which is now contemplating worrisome changes to its business m...
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