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  • 01/23/2018 12:24:27

    UPDATE 2-Apple launches HomePod voice speaker, takes on Google, Amazon

    Jan 23 (Reuters) - After missing the critical holiday shopping season, Apple Inc has jumped into the voice speaker wars with the HomePod smart speaker, a device that will use its Siri voice assistant and compete against offerings from Amazon.com Inc and Alphabet Inc's Google.

  • 01/22/2018 13:11:31

    After Amazon miss, Detroit shows largest new auto plant in two decades

    DETROIT, Jan 22 (Reuters) - Days after Detroit lost out in the race to host Amazon.com Inc's second headquarters, the city's mayor and the billionaire owner of auto supplier Flex-N-Gate Corp offered a sneak preview of what will be the largest new auto factory built in the city since the 1990s.

  • 01/21/2018 14:06:18

    UPDATE 1-Wall St Week Ahead-Where Netflix goes, Big Tech may follow

    SAN FRANCISCO, Jan 19 (Reuters) - Netflix Inc's quarterly results on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.

  • 01/21/2018 13:59:30

    Wall Street Week Ahead: Where Netflix goes, Big Tech may follow, despite U.S. government shutdown

    SAN FRANCISCO (Reuters) - Netflix Inc's quarterly results on Monday may offer a preview of whether Facebook Inc , Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.

  • 01/19/2018 15:03:24

    Wall St Week Ahead-Where Netflix goes, Big Tech may follow

    SAN FRANCISCO, Jan 19 (Reuters) - Netflix Inc's quarterly results on Monday may offer an advanced preview of whether Facebook Inc, Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.

  • 01/19/2018 14:44:53

    New Jersey governor calls for audit of state's tax incentive program

    New Jersey's new governor, Phil Murphy, signed an executive order on Friday calling for an evaluation of the state's corporate tax break programs by the comptroller's office before year-end. The Democratic governor's order came just a day after Newark, New Jersey, made the final-20 list of cities that retail giant Amazon.com Inc (AMZN) was considering for a second U.S. headquarters.

  • 01/18/2018 17:06:46

    Amazon's review of Toronto could escalate tension with Trump

    Amazon.com Inc's(AMZN) inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump. Amazon (AMZN) said on Thursday that Toronto and 19 U.S. locales made the first cut in a contest to find a second headquarters where it promises to invest $5 billion and create 50,000 jobs.

  • 01/18/2018 14:53:22

    Apple says it will decide new campus site without an auction

    Apple Inc(AAPL) said on Thursday that it will not hold a bidding process when it chooses the site for a planned new U.S. campus, marking a stark difference from the public contest that Amazon.com Inc (AMZN) has held for its second headquarters.

  • 01/18/2018 14:44:33

    REFILE-UPDATE 4-Amazon's review of Toronto could escalate tension with Trump

    TORONTO, Jan 18 (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.

  • 01/18/2018 11:50:23

    Lions Gate shares gain 10% on report of merger talks with Amazon, CBS-Viacom, others

    Lions Gate Entertainment Corp. shares rose nearly 10% on Thursday after a Deadline report, citing one unnamed source, that the company is in active merger talks with Amazon.com Inc. , Verizon Communications Inc. and a potentially recombined Viacom Inc. and CBS Corp. . Lions Gate declined to comment. The report comes after multiple media reports that Shari Redstone, vice chair of Viacom and CBS, is pushing for the two companies to merge. Shares of Viacom rose roughly 8% on Thursday, while CBS shares rose almost 5%. Walt Disney Co. is also in the midst of trying to acquire TV and film entertainment assets from 21st Century Fox Inc. . Shares of Lions Gate Entertainment have gained more than 24% in the last 12 months, while the S&P 500 index is up more than 23% and the Dow Jones Industrial Average is up almost 32%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/18/2018 08:23:26

    Amazon's stock falls toward 3rd-straight loss

    Amazon.com Inc.'s stock slumped 0.8% in morning trade, on track for a third-straight loss, after the e-commerce giant announced the 20 finalists for its second headquarters. The stock has now shed 1.6% since Jan. 12, when it closed at a record $1,305.20 to cap a nine-session win streak. Separately, Instinet analyst Simeon Siegel reiterated Thursday the buy rating on Amazon and the $1,360 stock price target, but cut the 2017 earnings-per-share estimate to $3.68 from $4.16 while raising the 2018 EPS estimate to $7.81 to $7.34. The stock was still up 29% over the past three months, while the S&P 500 has gained 9.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/17/2018 13:14:25

    BRIEF-Amazon Music Unlimited Coming To Australia, New Zealand On Feb. 1

    Amazon.Com Inc(AMZN): * AMAZON MUSIC UNLIMITED COMING TO AUSTRALIA AND NEW ZEALAND ON FEBRUARY 1 Source text for Eikon: Further company coverage:

  • 01/16/2018 08:21:22

    Microsoft market cap briefly tops $700 billion for the first time

    Microsoft Corp.'s market capitalization briefly topped the $700 billion mark in intraday trade, before the stock pulled back, making the software giant the third S&P 500 member to crack that milestone. The stock rose as much as 1.3% to an all-time intraday high of $90.79 soon after the open, which based on 7.715 billion shares outstanding as of Oct. 20, according to recent SEC filings, gave Microsoft a market cap of $700.41 billion. The stock was last up 1.1% at $90.55, giving Microsoft a market cap of $698.56 billion. The only other companies to be above the $700 billion market-cap mark are Apple Inc. , currently at $912.41 billion, and Google parent Alphabet Inc. , which is valued at $792.9 billion. In fourth behind Microsoft is Amazon.com Inc. , at $642.34 billion. Microsoft's stock has rallied 16.6% over the past three months, while the Nasdaq 100 has gained 11.7% and the Dow Jones Industrial Average has rallied 13.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 08:00:00

    Amazon's stock jumps toward 10th-straight gain to another record

    Amazon.com Inc.'s stock surged 2.2% to another record high, as it heads for the longest win streak in 4 1/2 years, after another analyst price target increase. The stock is on track for a 10th-straight gain--it has gained every session so far in 2018--which would be the longest such streak since the 10-day streak ending July 12, 2013. The stock has rocketed $164.29, or 14%, during the streak, to boost the e-commerce giant's market capitalization by about $79.2 billion to $642.70 billion. On Tuesday, BMO Capital analyst Daniel Salmon raised his stock price target to $1,600, which is the highest among the 48 analysts surveyed by FactSet. Amazon's stock has run up 32.5% over the past three months, while the S&P 500 has gained 9.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 07:36:57

    Amazon stock rises after BMO raises price target to new Street high

    Shares of Amazon.com Inc. gained 1.8% in Tuesday morning trading after analysts at BMO Capital Markets raised their price target on shares to $1,600, the highest among analysts tracked by FactSet. The analysts, led by Daniel Salmon, are upbeat about Amazon's advertising opportunities and believe that the ad business represents an $18 billion total addressable market "in the midterm." He thinks Amazon could eventually generate 22% of its total gross merchandise value from direct response ads. Separately, analysts at Oppenheimer raised their price target to $1,450 and named Amazon their "top large-cap pick" for the year. "Amazon is best positioned among our large-cap universe to benefit from secular trends - shift to e-commerce, public cloud, automation and digital advertising - further supported by an improving global macroeconomic backdrop and domestic tax reform," wrote the analysts, led by Jason Helfstein. Amazon shares have gained 11.6% so far this year, compared with a 4.8% gain for the S&P 500 Index .Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/16/2018 07:27:58

    Amazon Studios signs 'Catastrophe' co-creator Sharon Horgan to exclusive overall deal

    Amazon.com Inc. said on Tuesday that it has signed the Emmy-nominated TV writer and creator Sharon Horgan to an exclusive overall two-year deal. Horgan created, writes and stars in the British show "Catastrophe," which streams in the U.S. on Amazon, with Rob Delaney. The show was nominated for a Emmy in 2016 for outstanding comedy writing. Along with Horgan's individual deal with Amazon, the company's TV division inked a first-look deal with Horgan's co-owned entertainment company, Merman. Horgan will be attached to show concepts Amazon picks up in its deal with Merman, and Amazon has the rights to remake any Merman-produced TV projects. Shares of Amazon are up nearly 60% in the last 12 months, while the S&P 500 index is up more than 22% and the Dow Jones Industrial Average is up almost 30%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/12/2018 18:32:08

    (OFFICIAL)-Which voice in your fridge? Makers pick virtual assistants

    Who would you rather have in your fridge? Manufacturers of appliances and other products are considering factors such as ease of use and language support as they pick voice technology from what they view as a wide open battle between Alphabet Inc's Google, Amazon.com Inc (AMZN) and others. Consumer demand is surging for the ability to summon music, order food and control lights by voice commands.

  • 01/12/2018 14:52:03

    Which voice in your fridge? Makers pick virtual assistants

    Who would you rather have in your fridge? Manufacturers of appliances and other products are considering factors such as ease of use and language support as they pick voice technology from what they view as a wide open battle between Alphabet Inc's Google, Amazon.com Inc (AMZN) and others. Consumer demand is surging for the ability to summon music, order food and control lights by voice commands.

  • 01/12/2018 10:31:32

    Amazon stock jumps to 9th straight gain as another analyst's target cracks $1,400

    Shares' win streak would be the longest in 3 1/ 2 years. Shares of Amazon.com Inc. were hurtled higher Friday to another record, and toward the longest win streak in 3 1/ 2 years, as another Wall Street analyst boosted his price target to the $1,400 level. Of the 48 analysts surveyed by FactSet, 11 now have price targets of at least $1,400 and four have targets of at least $1,500..

  • 01/11/2018 13:59:38

    Amazon's stock jumps toward 7th-straight record close

    Amazon.com Inc.' s stock shot up 1.6% in afternoon trade Thursday, as it extends its win streak to all eight sessions of this year, after a couple Wall Street analysts boosted their price targets above the $1,400 level. The win streak would be the longest since the 8- day stretch ending May 30, 2017. The stock is also on track for a seventh- straight record close to lift Amazon's (AMZN) market capitalization to $614.06 billion, enough to make Amazon (AMZN) the fourth-most valuable S&P 500 component.

  • 01/09/2018 14:39:39

    Jeff Bezos just made more in 5 days than most Americans would in 5 lifetimes

    Amazon.com founder Jeff Bezos has made $6.1 billion in just five trading days in 2018 and is now worth $105 billion.        

  • 01/04/2018 09:34:22

    Stocks in Facebook, Amazon lead list of names to hit 52-week highs as Dow breaks above 25K

    Shares of a number of tech giants touched fresh 52-week highs on Thursday, including Facebook, Netflix and Amazon, as stocks jumped to records in the third trading session of 2018. Facebook Inc. hit a fresh 52-week peak at $186.21, with a gain of nearly 10% so far this week, Amazon.com Inc.'s shares rose to a peak at $1,215.87, up 3.5% on the week, while shares of Netflix Inc. carved out a new top at $207.05, with a gain of 6.6% so far this year, though prices pulled back somewhat. Google-parent Alphabet class A shares also hit a 52-week top at $1,104.08, while C shares also notched a peak at $1,093.57. Both share classes are up about 4% this week. Those companies represent the components of the so-called FAANG stocks, which have helped to lead the tech-laden Nasdaq Composite Index to a psychologically significant move above 7,000 for the first time ever on Tuesday. The Nasdaq was recently up 0.2% at 7,075. Absent from the FAANG cadre hitting fresh highs were Apple Inc. shares , which were up seeing a muted gain, while the Dow Jones Industrial Average advanced 0.7%, but last hit a 52-week high on Dec. 18 at 177.20. Meanwhile, the Dow Jones Industrial Average , where Apple is a component, was up 160 points, or 0.6%, at 25,074, breaking above 25,000 for its first time ever, while the S&P 500 index climbed 0.4% at 2,724, notching a record peak of its own in intraday trade, and highlighting a firm start to the year for equity benchmarks that have enjoyed a relentless run-up last year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/03/2018 05:00:17

    Amazon, Google cut speaker prices in market share contest -analysts

    Amazon.com Inc(AMZN) and Alphabet Inc's Google both discounted their virtual assistant speakers so deeply over the holiday shopping season that they likely lost a few dollars per unit, highlighting a sharply different strategy from Apple Inc (AAPL) as it prepares its HomePod speaker, analysts said.

  • 01/02/2018 11:02:15

    Amazon says over 5 billion items shipped in 2017 via Prime

    (Reuters) - Online retailer Amazon.com Inc said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before.

  • 01/02/2018 10:59:40

    Amazon says over 5 bln items shipped in 2017 via Prime

    Online retailer Amazon.com Inc (AMZN) said on Tuesday it shipped over 5 billion items worldwide via its subscription based Prime service in 2017 while adding more new members than ever before. The e-commerce giant, which revealed its Prime shipment numbers for the first time, did not give comparable full-year shipment number for 2016.

  • 01/02/2018 09:04:44

    Oracle falls after report that Amazon, Salesforce are developing own databases

    Oracle Corp. shares declined Tuesday after a report that Amazon.com Inc. and Salesforce.com Inc. are looking to end their respective deals for Oracle database software. The Information reported that Amazon and Salesforce are both developing their own internal solutions that will allow them to stop using Oracle's ubiquitous database offering, according to anonymous sources. While Amazon and Salesforce are customers of Oracle, they are rivals as well, especially with Amazon moving more into enterprise software through its Amazon Web Services segment, and Oracle co-founder Larry Ellison has targeted both in barbed comments, with Amazon in special focus as of late. The Information reported that Salesforce's internal database was code-named "Sayonara," Japanese for goodbye, and that Amazon called one of its database products "RedShift" in reference to Oracle. Oracle stock was trading about 1% higher Tuesday morning before the report hit, but shares dropped to a daily loss of about 0.7% after the news hit.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/29/2017 10:06:35

    Trump trains crosshairs on favorite target, again - Amazon

    Trump returns to a favorite target, saying that the U.S. Postal Service should charge Amazon.com more money to ship the millions of packages it sends around the world each year

  • 12/27/2017 12:51:05

    As online shopping grows, UPS sees record holiday package returns

    United Parcel Service Inc(UPS) is on track to return a record number of packages this holiday shipping season, a sign that e-commerce purchases surged to new heights over the past month. The world's largest package delivery company and rival FedEx Corp (FDX) get paid by retailers like Amazon.com Inc (AMZN) and Wal-Mart Stores Inc (WMT) for handling e-commerce deliveries.

  • 12/21/2017 15:16:15

    Amazon is losing three content execs to Apple

    A total of three executives overseeing content have left Amazon.com Inc. for Apple Inc. , with the latest departures reported Thursday, according to an article in The Hollywood Reporter. Amazon stock is flat after hours at $1,175.43 and Apple stock is up a fraction to $175.15. Tara Sorensen has been at Amazon since 2012 and served as the head of kids programming, the Reporter said, and will serve the same role at Apple. Former Amazon international development executive Carina Walker and head of business affairs Tara Pietri are also leaving for Apple. Sorensen won an Emmy for youth programming series "Lost in Oz," "Tumble Leaf" and nominations for "Annedroids," the Reporter said. The three executives are expected to begin at Apple in January. Apple stock has gained 51% this year, as the S&P 500 index rose 20%. The Dow Jones Industrial Average , of which Apple is a component, has gained 25%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/20/2017 18:15:27

    Facebook job ads allow age discrimination, lawsuit claims

    The Communications Workers of America as well as several individuals filed a federal lawsuit Wednesday alleging that Amazon.com Inc. , T-Mobile US Inc . and several subsidiaries of Cox Enterprises Inc. sought to discriminate by age in several job ads on Facebook Inc. . The suit alleges that the defendants used Facebook ad-targeting tech to "routinely exclude older workers from receiving their employment and recruiting ads on Facebook, and thus deny older workers job opportunities." The story was first reported by the New York Times and ProPublica. Plaintiffs included several examples of the ads in court papers, including one from Facebook itself, that allegedly used Facebook's targeting technology to make job ads invisible from older Facebook users. Federal statutes such as the Age Discrimination in Employment Act, which prohibits discrimination of people over 40, and laws in some states, prohibit bias against hiring workers of certain ages. Facebook defended its targeting. "Used responsibly, age-based targeting for employment purposes is an accepted industry practice and for good reason: it helps employers recruit and people of all ages find work," Facebook vice president Rob Goldman said in a statement to the Times. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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