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Amazon.com, Inc. stock price
Amazon.com, Inc. latest news:
Target gears up for holidays with free shipping and gifts under $15
NEW YORK (Reuters) - Target Corp said on Monday it would start free shipping beginning in November and that most of its holiday assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial shopping season of the year.
Whole Foods says hacking incident resolved
Oct 20 (Reuters) - Amazon.com Inc's Whole Foods
Market said on Friday it had replaced affected point-of-sale
systems at venues located within some stores where payment card
information had been stolen.
UPDATE 2-Billions in tax breaks offered to Amazon for second headquarters
Oct 19 (Reuters) - Amazon.com Inc is receiving
offers of billions of dollars in tax breaks and other subsidies
from cities and states across North America that are
participating in a company contest to pick a location for its
Amazon, partner launch wind farm in Texas
Amazon.com Inc. and Lincoln Clean Energy have launched a 253-megawatt wind farm in Texas. That's Amazon.com's largest wind farm to date, and the latest in a string of wind and solar projects backed by the tech giant. The wind farm in northwestern Texas Scurry County has more than 100 wind turbines, each more than 300 feet tall. Amazon plans of 35 additional clean-energy projects for the coming years. Shares fell 1% in mid-day trading, compared with losses of 0.2% 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.
Amazon Web Services resolves connectivity issues in Oregon region
Amazon.com Inc's(AMZN) web services unit said on Wednesday that it resolved connectivity issues that affected its Direct Connect customers in the Oregon region in the United States. Amazon Web Services said some Direct Connect locations using the US-WEST-2 Region experienced connectivity issues for about 30 minutes. http://amzn.to/2imkVAe.
Blue Apron cuts 6 percent of its workforce
(Reuters) - Blue Apron Holdings Inc said it had cut about 6 percent of its total workforce, nearly four months after going public, as the meal-kit delivery company comes under increasing pressure from deep-pocketed rivals such as Amazon.com Inc .
Ulta Beauty shares downgraded on data showing spending declines among teens
Ulta Beauty Inc. was downgraded to neutral from overweight at Piper Jaffray after findings from the firm's latest Teen Survey showed declines in spending on color cosmetics and skincare, as well as a trough in fragrance spending. The company's price target was slashed to $210 from $260. Ulta shares are down 1.7% in Wednesday trading. "[O]verall beauty wallet contracted low-double digits," analysts wrote in a Wednesday note. "While specialty is the primary share gainer within cosmetics, we did see broader signs of strength from Sephora--now the No. 1 preferred beauty format across upper and average-income females--unseating Ulta in average-income survey." Other popular names from the Teen Survey include Amazon.com Inc. , Adidas AG and Apple Inc. In addition to the survey results, Piper Jaffray analysts cite growing competition from Amazon, Sephora, as well as other up-and-comers in the beauty space, and moderating same-store sales for its downgrade. Ulta shares are down 23.2% for the last three months while the S&P 500 index is up 4.2% for the period. 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.
Native American tribe holding patents sues Amazon and Microsoft
A Native American tribe sued Amazon.com Inc (AMZN) and Microsoft Corp (MSFT) in federal court in Virginia on Wednesday for infringing supercomputer patents it is holding for a technology firm. The Saint Regis Mohawk Tribe was assigned the patents by SRC Labs LLC in a deal intended to use the tribe's sovereign status to shield them from administrative review.
Amazon to ship electronics in Brazil from third-party sellers
SAO PAULO, Oct 18 (Reuters) - Amazon.com Inc began
offering electronics from third-party sellers to Brazilian
shoppers on Wednesday, expanding beyond books in the fiercely
competitive e-commerce market in Latin America's largest
Suspended Amazon Studios head Roy Price resigns
Amazon Studios head Roy Price has resigned, Amazon.com inc. confirmed Tuesday, days after being suspended over sexual harassment allegations. Deadline first reported his resignation. Price, who led Amazon Studios since 2014, was suspended last week following a Hollywood Reporter interview with a female Amazon TV producer who alleged lewd comments and unwelcome sexual advances by Price. Price's departure follows the ouster of Hollywood mogul Harvey Weinstein, who was fired last week from his production company amid reports of sexual harassment, assault and rape, bringing the issue of sexual misconduct in the entertainment industry to center stage.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.
Get lost mom and dad! Amazon lets teens shop on their own
Teens will soon be able to shop on Amazon.com on their own, without having to beg mom or dad each time
Kroger exploring sale of convenience stores, shares rise
(Reuters) - Kroger Co said on Wednesday it is exploring the sale of its nearly 800 convenience stores as the No. 1 U.S. supermarket operator strengthens its Web business in a market share war that has intensified after Amazon.com Inc's purchase of Whole Foods.
Wal-Mart sees 40 percent online sales growth next year, shares rise
(Reuters) - Wal-Mart Stores Inc on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon.com Inc , boosting shares of world's biggest brick-and-mortar retailer to the highest in more than two years.
Amazon working on delivery in car trunks and in customer homes: CNBC
Amazon.com Inc. is in talks with Phrame, a smart-license-plate maker, to allow orders to be delivered to the trunk of a customer's car, according to a CNBC report. Phrame offers a product that will hold a car owner's keys in a secure box around a license plate. Using a smartphone to open the box, users can gain access to the keys. Amazon tested in-truck delivery in Germany in 2015. Amazon is also developing a "smart doorbell device" to allow delivery drivers access to a customer's home for package drop-off, CNBC says. Wal-Mart Stores Inc. announced late last month that it's testing a system to deliver items directly into people's homes. And Wal-Mart has recently purchased Parcel, a delivery service for the New York City area. Amazon shares are up more than 32% for the year so far while the S&P 500 index is up nearly 14% and the Dow Jones Industrial Average is up 15.2% for the period.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.
BRIEF-Amazon Web Services says GE has selected AWS as its preferred cloud provider
Amazon.Com Inc(AMZN). * amazon web services says general electric has selected aws as its preferred cloud provider Source text for Eikon: Further company coverage:
Wall Street indexes scale fresh record-highs on tech gains
(Reuters) - The three main U.S. indexes climbed to fresh record-highs for the fourth day in a row on Thursday, fueled by gains in technology stocks, including Microsoft and Amazon.com .
Tech stocks power Wall Street indexes to fresh record-highs
(Reuters) - The three main U.S. indexes climbed to fresh record-highs for the fourth day in a row on Thursday, fueled by gains in technology stocks including Netflix , Microsoft and Amazon.com .
S&P 500 set to log longest streak of records in 20 years as stock market opens at all-time highs
U.S. stock benchmarks opened modestly higher on Thursday, but enough to book fresh records, as investors bought technology stocks, as investors pored over speeches from several Federal Reserve officials and a key employment report on Friday. The Dow Jones Industrial Average traded flat at 22,657, the S&P 500 index advanced 0.1% at 2,540. If the broad-market benchmark finishes with a record on Thursday it will market its longest string of all-time high closes, six consecutively, since 1997, according to WSJ Market Data Group.
Philadelphia Fed President Patrick Harker said he is expecting on additional rate hike in December, during a speech in Austin. Meanwhile, the Nasdaq Composite Index enjoyed the best opening bump, up 0.4% at 6,563. In corporate news, United Parcel Service Inc. fell 2.3%, while FedEx Corp. was down after Bloomberg reported that Amazon.com Inc. was testing a new delivery service. On Friday, the market will assess the Labor Department's nonfarm-payrolls report.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.
UPS, FedEx stocks fall after report of Amazon testing new delivery service
Shares of United Parcel Service Inc. dropped 2.3% and of FedEx Corp. shed 2.0% in premarket trade Thursday, after Bloomberg reported that Amazon.com Inc. was testing a new delivery service. The report, which cited people familiar with the plan, said Amazon is looking to make more products available for free two-day delivery and to relieve overcrowding in its warehouses. The service, a project Amazon is calling Seller Flex, has begun on a trial basis in the West Coast and is expected to have a broader rollout in 2018, the report said. As part of the service, Amazon will oversee pickup of packages from warehouses of third-party merchants and delivery to customers, the report said, which is currently handled by UPS and FedEx. While those couriers will still be used, Amazon will decide how a package is sent rather than leave that to the merchant, the report said. Amazon's stock gained 0.5% in premarket trade. Year to date through Wednesday, shares of UPS has gained 3.8% and FedEx has run up 19%, while the Dow Jones Transportation Average has tacked on 9.7% and the Dow Jones Industrial Average has advanced 14.7%.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.
Google launches new phones, speakers in hardware push
Alphabet Inc's Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it competes with a surge in devices from Apple Inc (AAPL) and Amazon.com Inc. The new devices, which include a Pixelbook laptop, wireless earbuds and a small GoPro-like camera, showcase Google-developed operating sys...
Google launches new Home smart speakers, including high-end Apple rival
Alphabet Inc.'s Google [s; googl] showed off an expanded line of its Home smart speakers at an event Wednesday in San Francisco, including a new high-end version mean to challenge Apple Inc.'s HomePod and Sonos devices. Google introduced a smaller and cheaper form factor called Google Home Mini, similar to Amazon.com Inc.'s Echo Dot, for $49. Google Home Max, a larger speaker with better sound quality, will cost $399, $50 more than Apple's HomePod, which the iPhone maker announced in June and plans to begin selling to consumers in December. Google will also launch Google Home Max in December, with a free year of the YouTube Red streaming service. The standard Google Home smart speaker, which Alphabet began selling last year, costs $129.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.
Nearly 2 mln people watched NFL livestream on Amazon.com
Sept 29 (Reuters) - Nearly 2 million people logged onto Amazon.com for the online retailer's first livestream of Thursday Night Football, the U.S. National Football League said on Friday.
Whole Foods says taprooms, restaurants hacked
LOS ANGELES (Reuters) - Amazon.com Inc's Whole Foods Market on Thursday said payment card information has been stolen from taprooms, restaurants and other venues located within some of its stores.
Amazon launches new Echo and Fire TV devices
Amazon.com Inc. has introduced a number of new Echo devices, including a less expensive version of the Echo, priced at about $100 versus the present price tag of nearly $180. The latest version of the Alexa-enabled device is smaller, provides improved sound, and can better pick up the users voice even in noisy situations. The Echo Plus, priced at $150, has a built-in smart-home hub that can find compatible lights, switches and more. It also has improved audio quality. Alexa also has a number of new features, including Alexa Routines that can perform a few functions with one command, such as turning off the lights and locking the door when the user says, "Goodnight." Amazon has also launched a brand new Echo, the Echo Spot, that is equipped with a circular screen, many of the qualities of the other Echo devices, such as improved audio and smart home capabilities, and priced at about $130. The e-commerce giant has also unveiled a new Fire TV device with 4K Ultra HD, High Dynamic Range. Priced at about $70, the device will start shipping on Oct. 25. Finally, Amazon and BMW will make an updated version of the Alexa skill in the BMW and Mini vehicles starting mid-2018. Users will now be able to get direction, play music, control their smart home and have access to third-party developers like Starbucks Corp. and NPR. Amazon shares are up 1.6% in Wednesday trading and up 27.1% for the year so far. The S&P 500 index is up 12.2% for 2017 so far.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.
Amazon says Google has pulled YouTube from Echo Show device in tech face-off
SAN FRANCISCO (Reuters) - In a rare public feud between large technology companies, Amazon.com Inc said on Tuesday its Echo Show devices could no longer play videos from YouTube because the site's parent, Google, stopped supporting the service.
Salesforce says Black Friday will be busiest online shopping day in U.S. history
Salesforce.com Inc. forecasts that this year's Black Friday will be the busiest online shopping day in U.S. history, beating Cyber Monday for the second consecutive year. The most popular time for e-commerce visits and orders is from 8pm to 10pm and, the company said in a Monday release, shoppers will have half of their shopping done by Dec. 3 and 80% done by Dec. 15. Orders placed on mobile phones will approach 40% on big shopping days like Black Friday, the company predicted, and 40% of millennials ages 18 to 36 are using voice-enabled assistants like Amazon.com Inc.'s Alexa and Apple Inc.'s Siri. Salesforce shares are about flat in premarket trading and up 38.7% for the year so far. The S&P 500 index is up 11.8% for 2017 so far.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.
Facebook signs huge office-space lease in San Francisco: report
Facebook Inc. has signed a huge office lease in San Francisco with room for 2,000 to 3,000 employees, the San Francisco Business Times reported Wednesday. The social media giant, which is headquartered 35 miles south in Menlo Park, will occupy 50 floors -- 436,000 square feet -- of a skyscraper that is still under construction. The 70-story tower at 181 Fremont is scheduled to open by the end of the year, and is close neighbors with the Salesforce Tower, now the city's tallest building. Facebook's office-space deal is reportedly the largest in San Francisco in the past three years. Facebook is the latest tech giant to make a significant footprint in San Francisco. Just this year, Salesforce.com Inc. , Amazon.com Inc. and Alphabet Inc.'s Google have signed office-space deals in the city.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.
Blue Apron gains after Albertsons agrees to buy meal-kit rival
Blue Apron Holdings Inc. shares gained Wednesday afternoon after grocer Albertsons Co. announced that it had bought a rival meal-kit service called Plated. Albertsons, a private company that owns grocery-store chains including its namesake, Safeway and Vons, did not disclose the price paid for Plated. Plated offers meal kits through the mail, like Blue Apron, but will now make that company's offerings available in some of its 2,300-plus grocery stores nationwide. Blue Apron shares gained more than 3% to $5.40 in late trading, after falling 5.5% in the regular session to $5.22. Shares have fallen by as much as 50% from the $10 price commanded in its July initial public offering, amid concerns about competition from the likes of Amazon.com Inc.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.
UPDATE 1-Amazon sends accidental gift email to shoppers due to glitch
Sept 19 (Reuters) - A technical glitch caused Amazon.com Inc
to email some of its customers erroneously that they
had received a gift, the company said on Tuesday.
Amazon sends accidental gift email to shoppers due to glitch
A technical glitch caused Amazon.com Inc (AMZN) to email some of its customers erroneously that they had received a gift, a spokeswoman said in a statement on Tuesday. The email displayed an image of a crawling infant and told shoppers that they had received a present from their baby registry. The Amazon (AMZN) spokeswoman did not immediately say what caused the glitch or how many accounts had been affected.
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