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Walmart Q2 Earnings Preview: This 'Safe-Haven' Stock Is 'One Of The Few Beat-And-Raise Stories In Retail'
Wednesday, August 14, 2024 - 3:07pm | 809Retail giant Walmart Inc (NYSE:WMT) could provide analysts and investors a better picture of how inflation impacts consumer spending and shopping habits when it reports second-quarter financial results before the market opens on Thursday. Earnings Estimates: Analysts expect Walmart to report second...
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Stock Of The Day: Amazon Stock Eyes Gap Refill
Wednesday, August 14, 2024 - 2:47pm | 611The old Wall Street saying “gaps refill” is true. It means that if a stock moves quickly, or “gaps,” through price levels going one way, and then eventually reverses and gets back to those same levels going the other way, it could move quickly or gap back through them in the...
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Amazon Teams Up With TikTok, Pinterest For Shoppable Ads: Analyst Sees $1B Payoff
Friday, August 9, 2024 - 3:59pm | 488In a move that’s sure to excite investors and shoppers alike, Amazon.com Inc (NASDAQ:AMZN) is making waves by teaming up with social media giants TikTok and Pinterest. According to BofA analyst Justin Post, these platforms will soon allow users to buy products directly from Amazon without...
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Can Shopify Stock Rebound? Key Insights Ahead of Q2 Earnings
Tuesday, August 6, 2024 - 6:06pm | 467E-commerce platform Shopify Inc (NYSE:SHOP) is due to report second-quarter earnings Wednesday morning. Here’s what investors need to know. Shopify Looks To Rebound JPMorgan’s analysis of the company’s upcoming second-quarter 2024 earnings, due during Tuesday’s pre-market...
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What's Going On With Amazon Stock After Earnings?
Friday, August 2, 2024 - 9:33am | 619Amazon.com, Inc.. (NASDAQ:AMZN) shares are trading lower Friday after the company posted mixed second-quarter financial results after Thursday's closing bell. The Details: Amazon shares are tumbling after the company missed analysts' estimates for net sales in the second quarter. AWS revenue...
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Etsy Q2 Earnings: Revenue Beat, EPS Beat, GMS Down 2.1%, Company Making 'Excellent' Progress On 'Bold Moves'
Wednesday, July 31, 2024 - 4:56pm | 520Etsy Inc (NASDAQ:ETSY) reported financial results for the second quarter after the market close on Wednesday. Here’s a look at the key metrics from the quarter. Q2 Earnings: Etsy reported second-quarter revenue of $647.8 million, beating the consensus estimate of $629.57 million,...
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Amazon Q2 Earnings Preview: Analyst Expects Strong Growth In Sales, Cloud Services, But Cautious On Q3 Profit Guidance
Friday, July 26, 2024 - 3:54pm | 579As Amazon.com Inc (NASDAQ:AMZN) gears up to announce its Q2 earnings on Thursday after the market close, anticipation is building around what could be a remarkable performance. With just six days to go, BofA Securities’ analyst Justin Post has painted an optimistic picture for the e-commerce...
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Amazon Faces Dual Investigations In Italy For Alleged Tax Evasion, Labor Violations
Friday, July 26, 2024 - 2:19pm | 387U.S. retail giant Amazon.com, Inc. (NASDAQ:AMZN) has been investigated twice this week for allegedly conducting suspected tax evasion in Italy. Italy’s tax police on Tuesday seized about 121 million euros ($131 million) from Amazon Italia Transport in Milan as part of an investigation into...
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Amazon's Hidden Gem? Twitch Could Be A $46B Game Changer: Analyst
Wednesday, July 17, 2024 - 2:45pm | 591As Amazon.com, Inc. (NASDAQ:AMZN) gears up for its next earnings report, investors are eyeing more than its e-commerce performance. Needham analyst Laura Martin recently highlighted the untapped potential within Amazon’s portfolio, particularly focusing on Twitch, the live streaming platform...
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Amazon Sellers Hit By Portal Crash On Prime Day: Report
Wednesday, July 17, 2024 - 9:34am | 330Amazon.com Inc (NASDAQ:AMZN) experienced a significant disruption on Tuesday night as its marketing portal for merchants crashed, affecting one of the year’s most essential sales events. Multiple Amazon sellers and consultants reported the issue, which disrupted their ability to manage ad...
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Amazon Vs. Temu, Shein, TikTok Shop: Who's Winning The US E-Commerce Battle?
Wednesday, July 10, 2024 - 8:47am | 542In the fierce battlefield of e-Commerce, Amazon.com Inc (NASDAQ:AMZN) continues to reign supreme, but emerging challengers like PDD Holdings Inc‘s (NASDAQ:PDD) Temu, Shein, and TikTok Shop are making significant strides. Wedbush Securities analyst Scott Devitt’s latest survey of over 1,...
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Amazon's Prime Day Surge: Bullish Momentum In Full Swing
Tuesday, July 9, 2024 - 2:57pm | 661Amazon.com, Inc. (NASDAQ:AMZN) has been on a bullish run, with the stock up 57.30% over the past year and 31.62% year-to-date. As the e-commerce giant gears up for its annual Prime Day event on July 16 and 17, let’s dive into the technicals to see what investors might expect. Amazon’s...
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Charlie Munger Called Jeff Bezos An 'Amazing Human Leader,' But Missed Out On Amazon Stock Because It Was 'Too Complicated And Uncertain For My Particular Temperament'
Friday, July 5, 2024 - 1:37pm | 615Charlie Munger, the venerable late Vice Chairman of Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), never minced words when it comes to praising Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos. In a candid discussion in 2019, Munger lauded Bezos as an "amazing human leader," comparing him to Lee Kuan Yew...
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Amazon, Pinterest, Wayfair Top List Of 7 Stocks Bank Of America Says To Watch In Second Half Of 2024
Thursday, June 27, 2024 - 2:12pm | 911A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs. What Happened: As analysts look to set new price targets on market indices for the second half of the year,...
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E-commerce's Ascent Stalls As One Sub-Segment Grows By Over 100%: Report
Thursday, June 27, 2024 - 1:31pm | 420The COVID-19 pandemic accelerated a trend of customers opting for online shopping rather than retail. Amid a general stagnation of online shopping growth, one small subset of e-commerce has far outperformed the broader online marketplace. Industry Trends: The overall e-commerce industry has seen...