UPDATE: Guggenheim Assumes Amazon.com (AMZN) at Buy
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- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Active options: PYPL AMZN MU RBLX TSM BABA RIVN SNAP PFE
November 22, 2021 3:40 PM ESTActive options: PYPL AMZN MU RBLX TSM BABA RIVN SNAP PFE
... MoreVisa (V) on Watch Following Report CFO Sees Agreement on Resolution with Amazon (AMZN) Over U.K. Credit Card Dispute
November 19, 2021 1:08 PM ESTVisa (NYSE: V) on Watch Following Report CFO Sees Agreement on Resolution with Amazon (NASDAQ: AMZN) Over U.K. Credit Card Dispute
Amazon (AMZN): FBA Pricing Increase Larger Than Average, Adds $1 Billion Cushion to 2022 EBIT - Morgan Stanley
November 19, 2021 10:02 AM ESTTwo days ago, Amazon (NASDAQ: AMZN) announced it will hike fees for FBA fulfillment services by 5.2% on average. The rate hike will take place on January 18 as the company was forced to react after absorbing billions of dollars in increased costs on your behalf.
Morgan Stanley analyst Brian Nowak has weighed in to note a higher-than-expected pricing increase given that Amazon... More
Amazon (AMZN) Trades at High, Up 1.6%
November 19, 2021 9:58 AM ESTAmazon (NASDAQ: AMZN) Trades at High, Up 1.6%
... More$746B in Single Stock Option Set to Expire Today - Goldman Sachs
November 19, 2021 9:53 AM ESTGoldman Sachs option strategists Vishal Vivek highlighted that activity in single stock options hit a new single-day high this month - hitting $945 billion on November 5th. He notes that Amazon (NASDAQ: AMZN) and Tesla (NASDAQ: TSLA) have dominated... More
Amazon.com (AMZN) FBA Price Increase Boosts EBIT by $1B - Morgan Stanley
November 19, 2021 6:32 AM ESTMorgan Stanley analyst Brian Nowak reiterated an Overweight rating and $4,000.00 price target on Amazon.com (NASDAQ: AMZN) after the company announced a ~5.2% average increase in its Fulfilled By Amazon (FBA) as it
looks to offset cost increases from higher wages/increased hiring.... More
Amazon (AMZN) Trades at High, Up 3.3%
November 18, 2021 11:43 AM ESTAmazon (NASDAQ: AMZN) Trades at High, Up 3.3%
... MoreStarbucks links with Amazon Go for first cashier-less cafe
November 18, 2021 5:03 AM ESTBy Hilary Russ
NEW YORK (Reuters) - Starbucks Corp's newest cafe lacks one element most customers are used to seeing: cashiers.
The global coffee chain on Thursday opened its first ever location in partnership with Amazon Go, the e-commerce giant's brick-and-mortar convenience store, where customers can sit at a table with a latte or grab a sandwich from a shelf and walk out.
Hit by a U.S. labor crunch, Starbucks and other companies are expanding labor-saving technology like artificial... More
