Walmart (WMT) Announcement Suggests Headwinds For Amazon (AMZN) - BofA

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Amazon (AMZN) September weekly IV at 100 into quarter results and outlook

July 26, 2022 10:15 AM EDT

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 100, August is at 52; compared to its 52-week range of 19 to 55 into the expected release of quarter results after the bell on July 28. Call put ratio 1.2 calls to 1 put after Walmart (WMT) lowered Q2 guidance.

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UPS (UPS) is throttling revenue, volume from Amazon (AMZN), CEO says on call

July 26, 2022 9:23 AM EDT

UPS (NYSE: UPS) is throttling revenue, and volume from Amazon (NASDAQ: AMZN), the CEO says on call.

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Walmart profit woes hit retail stocks, deepen consumer spending concerns

July 26, 2022 8:11 AM EDT

By Medha Singh and Lewis Krauskopf

(Reuters) -Shares of U.S. retailers slid on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of a broader slowdown in spending as high inflation raises costs for consumers.

Walmart shares tumbled over 8%, while shares of Amazon and Target were both down more than 4%. The S&P 500 consumer discretionary sector dropped 2.8%, logging the biggest drop among the sectors in the benchmark S&P 500, which was off about 1%.

Walmart's forecast marked the latest worrisome sign about an economy that some investors fear is headed for a recession.

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Amazon (AMZN) Hikes Prime Prices in Europe

July 26, 2022 5:48 AM EDT

Amazon (NASDAQ: AMZN) is reportedly introducing a price hike for its Prime subscription in Europe, just a few months after the e-commerce giant raised Prime prices in the U.S.

The annual Prime fee in the U.K. will jump from £79 to £95 from... More

Amazon.com (AMZN) PT Lowered to $170 at Credit Suisse

July 26, 2022 4:14 AM EDT

Credit Suisse analyst Stephen Ju lowered the price target on Amazon.com (NASDAQ: AMZN) to $170.00 (from $185.00) while maintaining a Outperform rating.... More