AMZN
Goldman Says Amazon (AMZN) 'Represents Best Risk/Reward in the Internet Sector'
Investment bank Goldman Sachs has released a super bullish note on Amazon stock (AMZN), and raised its 12-month price target to $2, 900.
Amazon confirms a major outbreak of COVID-19 at a NJ warehouse after employee says 30+ are infected, as Amazon is set to end unlimited unpaid time off April 30 (Charles Davis/Business Insider)
By Charles Davis / Business Insider. View the full context on Techmeme.
Bezos takes reigns at Amazon amid coronavirus
Amid the coronavirus pandemic, Jeff Bezos has taken the command at Amazon as other executives, like Bob Iger at Disney, do the same.
What recession? Business is booming for Amazon, Netflix, and Walmart during coronavirus pandemic
While Netflix, Amazon, and Walmart have thrived, airlines, cruise line operators, and other companies in the hospitality industry have taken a beating during the COVID-19 pandemic.
3 Things Amazon Stock Investors Need To Know
Amazon stock has strongly rebounded from pandemic lows. Investors believe it is a smart bet right now as its businesses boom.
Jeff Bezos back managing Amazon’s day-to-day business during pandemic
Amazon’s globetrotting CEO Jeff Bezos has been pulled back into the company’s day-to-day operations by the coronavirus, according to a new report. The 56-year-old Bezos — who in r…
Amazon uses data from third-party sellers to develop its own products, WSJ investigation finds
The probe's findings directly contradict Amazon's previous messaging around how it uses third-party seller data.
Amazon (AMZN) Still a ‘Buy’ After Setting New All-Time-High: Analyst
Amazon’s stock has exploded in 2020, being one of the few companies poised to thrived during the COVID-19 epidemic. But apparently, there is yet more fuel in the tank.
Sources: Amazon employees often consulted sales info on third-party vendors when developing private-label merchandise, contrary to assertions to Congress (Dana Mattioli/Wall Street Journal)
By Dana Mattioli / Wall Street Journal. View the full context on Techmeme.
Amazon launches Local Shops on Amazon in India, a program to let customers find and buy products from 5,000 participating local shops across 100 cities (Manish Singh/TechCrunch)
By Manish Singh / TechCrunch. View the full context on Techmeme.
US-India advocacy group urges govt to allow Amazon, Flipkart, others sell books, fans under lockdown
The government in its latest notification had included ‘shops of educational books for students’ and ‘shops of electric fans’ under the list of exempted essential businesses during the lockdown.
Commentary: Amazon is thriving in a time of COVID-19
The e-commerce giant has stuck religiously to its founding dogma outlined by Jeff Bezos in 1997, says the Financial Times' John Thornhill.
Bezos Takes Back the Wheel at Amazon
The chief executive, who had distanced himself from day-to-day management, is closely involved in the company’s response to the pandemic.
Amazon partners with Second Harvest to make contactless deliveries
Amazon is partnering with Second Harvest Food Bank of Middle Tennessee to make contactless deliveries to underserved communities amid the ongoing public health crisis.
Google Shopping Platform Evolves As Amazon Threat Grows
Google Shopping opens up for merchants just as they seek more connection to customers amid pandemic. Google keen to counter Amazon’s advertising rise.
Reliable Amazon Isn’t Anymore
Amazon no longer gets us everything we need and quickly. Will this affect our shopping habits for good?
Can Facebook become Amazon of the world with Reliance Jio?
Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global ecommerce journey with investing $5. 7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on ecommerce behemoth Amazon and Walmart in the long run.
Amazon CEO's Net Worth Increases More Than Value of Ethereum's Market Cap
Amazon CEO Jeff Bezos has done well during the COVID-19-inspired economic crisis, with a net worth increase of $24 billion during Q1 of 2020. This is more than Ethereum’s entire market capitalization.
Hagens Berman: Amazon Accused of Illegal Price-Gouging in Class-Action Lawsuit
Consumers sued Amazon, alleging violation of state consumer-protection laws by price-gouging during the COVID-19 pandemic, according to Hagens Berman.
Amazon's stock rallies after Wedbush boosts price target a week before earnings
Shares of Amazon. com Inc. undefined rallied 2.2% in morning trading Wednesday, after Wedbush analyst Michael Pachter raised his stock price target close to...