Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue for Amazon. According to a report in CNBC, Piper Jaffray Analyst Michael Olson said that...
Amazon’s early days in Australia are not all smooth sailing as the eCommerce giant seeks to gain a foothold down under. According to official filings, Amazon posted a slight loss in its early Australian days. Amazon first launched in Australia on December 5th, though it...
Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading, despite notching the rare miss on revenue expectations. Profit expectation doubled analysts’ forecasts, which helped instill confidence, as did continued...
Amazon could match Walmart in terms of U.S. sales in two to three years time if JPMorgan’s prediction proves true. According to a report in CNBC, citing JPMorgan, Amazon’s gross merchandise volume in the U.S. is on track to match Walmart’s net sales in the U.S....
July 27, 2018
Another quarterly earnings reports, another rush of pleased Amazon investors hurrying to boost the stock in after-hours trading — Amazon stock jumped 4.1 percent in after-hours trading, despite notching the rare miss on revenue expectations. Profit expectation doubled analysts’ forecasts, which helped instill confidence, as did continued strength in the Amazon Web Services business and emerging strength […]
August 31, 2018
Amazon shares went past the $2,000 milestone for the first time on Thursday (Aug. 30) after another analyst raised his price target for the eCommerce giant. According to MarketWatch, that new target is more than what is needed to give the company a market capitalization of $1 trillion. On Thursday, the stock went up as much […]
August 13, 2018
Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue...
August 03, 2018
Amazon’s early days in Australia are not all smooth sailing as the eCommerce giant seeks to gain a foothold down under. According to official filings, Amazon posted a slight loss...
May 15, 2018
Amazon could match Walmart in terms of U.S. sales in two to three years time if JPMorgan’s prediction proves true. According to a report in CNBC, citing JPMorgan, Amazon’s gross merchandise...
