Tag AMZN

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.5% in the morning session after the major indices declined, with the Nasdaq down 1.9%, while the S&P fell 1.12% as markets reined in some of the post-election optimism. The decline follows remarks from Federal Reserve Chair Jerome Powell indicating that the Fed's decision-making committee is not in a hurry to cut interest rates. Consequently, investors have reduced their expectations for another 0.25% rate cut in De...

The aggressive growth fund investor was busy adding to some of her existing positions on Thursday...

The October retail sales data shows the consumer is still going strong. The Census Bureau data shows retail sales rose 0.4% in October. That was higher than the 0.3% economists were expecting, according to Bloomberg. September's headline number was also revised upwards.  LSEG Director of Consumer Research Jharonne Martis says the data point that stood out to her was the year-over-year growth in e-commerce sales. She notes that the October data benefits from Amazon's (AMZN) Prime Deal Days but adds that other retailers piggyback off that promotion and offer their own deals. "It's telling us the consumer is still gravitating toward those online deals," she says. When it comes to the e-commerce business, Martis thinks Walmart (WMT) is starting to give Amazon some more competition. Why? "They're giving the consumer the ability to shop the way they want to, whether it be ordering it on your mobile... and picking it up at the store on your way home or just having it delivered right there from the store to your house. Walmart is definitely giving Amazon a lot of competition," she tells Yahoo Finance. Watch the video above to hear which companies Martis is watching this holiday season and how tariffs may impact retailers and shoppers. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Stephanie Mikulich...

Amazon launched its discount storefront as an answer to the growing popularity of e-commerce companies Shein and Temu...

Amazon (AMZN) and Apple (AAPL) stocks are trading lower Friday as hedge funds reduce their holdings in these companies. Amazon's hedge fund holdings fell by $11 billion in the third quarter. Meanwhile, Apple saw double the reduction in investor holdings compared to additions during the quarter. This comes as Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) cut its Apple position by approximately 25%. Morning Brief Co-hosts Seana Smith and Brad Smith break down the details. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...

We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other trending AI stocks on latest news and analyst ratings. OpenAI, the AI startup of ChatGPT fame, recently urged the United States […]...

Hims & Hers Health's stock dropped 25% due to Amazon’s competition. Learn why HIM stock's 38% upside and strong growth make it a compelling buy...

Berkshire Hathaway buys Domino’s Pizza stake, Amazon makes move into cheaper drugs, and more news to start your day...