Tag AMZN

Morgan Stanley analysts are setting a bullish tone for the upcoming earnings season, with specific companies expected to outperform. According to the analysts, investors should watch Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), and Eli Lilly (NYSE:LLY) closely, as these companies are anticipated to deliver strong results...

Amazon-backed Anthropic is partnering with Menlo Ventures to launch the Anthology Fund, a $100 million fund focused on artificial intelligence startups that could help advance Anthropic's technology...

On today's episode of Asking for a Trend, Host Josh Lipton break down some of the biggest stories and trends impacting markets. The cyberattack on CDK Global, the software provider for car dealerships across the US and Canada, led to system outages for auto dealers across North America. Meanwhile, prices for new cars remain well above pre-pandemic levels. CoPilot founder and CEO Pat Ryan explains that the hack "really threw the industry back to the Stone Age in a lot of ways because with the systems locked down, they [car dealerships] couldn't do business the way they are." He also points to "structural increases in car prices" leading to consumer pressures: "We're still up over 30% from pre-COVID. So there's sticker shock for people who have bought a car since before COVID. And then when you add in that most cars are bought with financing, about 80% of cars. And so when your car is bought with financing, interest rates go up and prices go up. That has a compounding effect that has really made them unaffordable." The tech sector was dealt a major blow in Wednesday's trading session as chip giants like Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and ASML Holding (ASML) sank in the day's session. Meanwhile, signs of a so-called "Trump Trade" are ringing throughout Wall Street, specifically with interest in M&A activity which could see a pullback if the former president were to take the White House once again. Yahoo Finance markets reporter Josh Schafer joins the show to break down the latest market trends for July 17. The Russell 2000 (^RUT), an index tracking small caps, broke its 5-day winning streak at market close on Wednesday. Market Domination Anchor Julie Hyman breaks down the latest data pointing to potential signs of a rotation out of Big Tech. Warner Bros. Discovery's (WBD) TNT may be losing out on the media rights to the NBA as Comcast (CMCSA) has reportedly reached a deal with the basketball giant. In addition, Disney's (DIS) ESPN and Amazon's (AMZN) Prime Video platform will be paying the NBA more for their game rights. Although Warner Bros. has the option to match the incoming offers, LightShed Partners media and technology analyst Rich Greenfield doubts it will: "I don't believe that Warner Bros. really wants to spend 1.8 plus billion dollars on a rights package for a much smaller package with less playoff games." Catch more Yahoo Finance coverage on the media and streaming landscapes as part of this week's Media, Streaming, & Investing: What's Next special. This post was written by Melanie Riehl...

The NBA has reportedly agreed to a new 11-year, $76 billion media rights deal that could leave Warner Bros. Discovery (WBD) and its TNT network out in the cold.  Comcast's NBCUniversal (CMCSA), Amazon Prime Video (AMZN) and Disney's (DIS) ESPN are set to win the rights, though WBD still has time to match one of the current offers. LightShed Partners media and technology analyst Rich Greenfield told Yahoo Finance that he doesn't "believe that Warner Bros. really wants to spend $1.8 plus billion on a rights package for a much smaller package with less playoff games than they have now." Meanwhile, the media rights for the WNBA will reportedly see the league earning $2.2 billion over the next 11 years. Yahoo Finance senior reporter Alexandra Canal breaks down the latest in the video above. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by John Lesinski...

Speedy deliveries and simple return policies are key for a positive customer experience this Amazon Prime Day, says Loop Returns Vice President of Product Kristen Kelly. The post Prime Day: Quick deliveries, easy returns key for retailers appeared first on FreightWaves...

Online shopping across U.S. retailers hit $7.2 billion Tuesday as Amazon's Prime Day started, making it the biggest online shopping day of 2024 so far, according to Adobe Analytics...

An interim report released by the Senate Committee on Health, Education, Labor, and Pensions showed that nearly half of the company's warehouse workers were injured during Prime Day in 2019...

The tie-up with online surplus food marketplace Too Good To Go is intended to help the grocer meet its goal of cutting food waste in half by 2030...

U.S. e-commerce spending reached $7.2 billion during the first day of Amazon Prime Day, according to estimates from Adobe...