Amazon’s common stock is anything but common after breaking above the $700 mark on Tuesday (May 10). The shares ended the day up 3.4 percent, at $703.07, after touching a high intraday above $704. The news that spurred the shares to new heights, of course, includes...
“The future of payments is in the voice,” MPD CEO Karen Webster wrote on April 28 when the 2016 PYMNTS/Alexa Challenge was first introduced. And the future is getting increasingly closer thanks to the number of developers across the payments and commerce ecosystem looking to use...
Amazon Prime Now is officially on the Web — instead of just a mobile app. While this decision was first announced last month, the option has now officially launched. That means, for those in the 25 metro areas where the delivery service is available, goods...
In the wake of a strong quarterly report last week, analysts cheered Amazon’s growth on the top and the bottom lines. One boost came from Goldman Sachs, which, alongside its buy rating, also increased its price target to $800 from $720. The firm could, as...
Late last week, Amazon Web Services revealed its latest B2B initiative through a collaboration with Infosys to help the enterprise ditch legacy IT systems and migrate to the cloud. Already, AWS is at it again with its corporate solutions, though this time with a different...
Amazon did something this week it hasn’t done in a long time: posted a profit for four quarters in row. And it did so this time around in style, taking Wall Street by surprise. All in all, Amazon had some pretty big numbers that showed...
Amazon’s earnings finally made Wall Street happy. Which, they don’t always do — even if the company does make a profit. For instance, when Amazon posted a Q4 2015 profit of $482 million, lower than expected, its stock dipped 13 percent in post-trading hours. Fast forward to...
“Open Sesame” was the magical phrase that a poor mythical woodcutter named Ali Baba uttered to open the door of a secret cave in which 40 thieves had hidden bags of gold. The power of his voice, and using the right words, gave him access...
A federal judge has ruled on the side of the FTC in a case about Amazon charging customers for making in-app purchases. These particular purchases were made in-app and were made when children were using their parents’ accounts, but according to the lawsuit, Amazon billed...
