AMZN - Amazon.com, Inc.
| Previous close | 1,750.08 |
| Open | 1,760.00 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 800 |
| Day's range | 1,717.56 - 1,763.10 |
| 52-week range | 931.75 - 1,763.10 |
| Volume | 4,679,661 |
| Avg. volume | 4,852,535 |
| Market cap | 839.549B |
| Beta | 1.70 |
| PE ratio (TTM) | 217.64 |
| EPS (TTM) | 7.95 |
| Earnings date | 25 Jul 2018 - 30 Jul 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 1,837.65 |
- Yahoo Finance•10 hours ago
OPEC — What you need to know in markets on Friday
The latest meeting of oil cartel OPEC will be a highlight for markets on Friday while the U.S. earnings and economics calendar should be fairly benign.
Associated Press•21 minutes agoWhat's that extra in my online cart? Soon, maybe a sales tax
NEW YORK (AP) — Attention shoppers: You may soon be paying more taxes on what you put in your online cart.
- The Guardian•2 hours ago
eBay and Amazon delist faulty carbon monoxide alarms
A Topolek GEHS007AW CO alarm, which was a bestseller on Amazon. Dozens of potentially deadly carbon monoxide alarms have been removed from sale by Amazon and eBay after a Which? The consumer group tested four alarms that were on sale on both sites – including an Amazon bestseller – and found that they consistently failed to sound when the gas was present.
- The Wall Street Journal•3 hours ago
[$$] Supreme Court Rules States Can Collect Sales Tax on Web Purchases
States have the authority to make online retailers collect sales taxes, the Supreme Court ruled Thursday, a milestone marking e-commerce’s treatment as a mature player in a marketplace no longer defined by trips to the corner store or the shopping mall. By a 5-to-4 vote, the court closed a loophole that helped fuel the early growth of internet sales, overruling a half-century of its own precedents that forbid states from requiring merchants to collect sales tax unless those sellers maintain a “physical presence” within the state’s borders.
- The Wall Street Journal•4 hours ago
[$$] Kroger’s New Approach to Stocking Shelves Is Boosting Earnings
Kroger Co. delivered stronger than expected earnings and sales, sending its stock up 9.7% as investors welcomed evidence that the grocer is growing even as it overhauls operations to compete with Amazon.com Inc. and discounters. Earnings per share on an adjusted basis more than doubled, to 73 cents per share on $626 million in earnings from 32 cents per share on $303 million in the prior year. Kroger has been overhauling its operations to face rising competition in the retail food sector, particularly as Amazon rolls out food delivery and discounts at the Whole Foods chain it bought last year.
- MarketWatch•5 hours ago
Etsy and eBay sellers hold their breath over Supreme Court’s sales tax ruling
If states act aggressively, consumers may also be paying moreWarner Bros/courtesy Everett Collection / Everett CollectionSmall online businesses are waiting to see what the Supreme Court’s ruling on online sales tax means for them. Small online businesses may bear the brunt of the Supreme Court’s recent decision to allow states to collect sales tax from online retailers, but how bad it’ll be, they don’t yet know. The high court ruling released Thursday gives states the right to collect sales tax from online vendors, even if they don’t have a physical presence in that state, overturning a pre-internet court ruling called Quill that exempted online merchants from those collection duties.
Reuters•7 hours agoFavourable U.S. tax ruling gives limited boost to big-box retailers
Complying with a U.S. Supreme Court ruling on Thursday that forces online retailers to collect sales tax just like their brick-and-mortar counterparts will be a heavy burden for smaller e-commerce businesses. The Supreme Court on Thursday allowed states to make online retailers collect sales tax, siding against e-commerce companies like Wayfair Inc (W.N) and Overstock.com Inc (OSTK.O) in their high-profile fight with South Dakota.
- Reuters•8 hours ago
U.S. top court lets states force online retailers to collect sales tax
States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals. In a 5-4 ruling reviving a South Dakota law challenged by Wayfair Inc(W.N), Overstock.com Inc(OSTK.O) and Newegg Inc, the justices overturned a 1992 high court precedent that had barred states from requiring businesses with no "physical presence" there, like out-of-state online retailers, to collect sales taxes.
Reuters•8 hours agoFavorable U.S. tax ruling gives limited boost to big-box retailers
Complying with a U.S. Supreme Court ruling on Thursday that forces online retailers to collect sales tax just like their brick-and-mortar counterparts will be a heavy burden for smaller e-commerce businesses. The Supreme Court on Thursday allowed states to make online retailers collect sales tax, siding against e-commerce companies like Wayfair Inc (W.N) and Overstock.com Inc (OSTK.O) in their high-profile fight with South Dakota.
- Investing.com•8 hours ago
The Day Ahead: Top 3 Things to Watch
Investing.com - Here's a preview of the top 3 things that could rock markets tomorrow.
- Reuters•8 hours ago
Chile planning new ecommerce tax for multinationals - finance minister
Larrain said citizens of the Andean nation had benefited significantly from the roll-out of the digital economy, but that it was only fair that multinationals operating in Chile contribute to the country's development.
CNBC•9 hours agoCVS Health CEO Larry Merlo: Confident Aetna deal will close later this year
CVS Health CEO Larry Merlo tells CNBC's Bertha Coombs he expects to close the $69 billion deal to buy Aetna later this year.
- Barrons.com•9 hours ago
Amazon Tries Apparel on for Size
Or it was until Wednesday, when the e-commerce giant debuted Prime Wardrobe, a "try before you buy" clothing service available for Prime members in the U.S. Now, a Wall Street firm is convinced Amazon will do for apparel what it has done in nearly every retail segment it gets into—dominate. “Amazon is increasingly well positioned to capture a portion of the fast growing (North American) online fashion market,” UBS analyst Eric Sheridan wrote in a June 20 note to clients. Amazon could generate $40 billion in gross merchandise volume (different than revenue) from Amazon Fashion by 2022, he argues.
- CNBC•9 hours ago
The head of Amazon's marketplace has lost most of his authority amid internal shake-up
Amazon's vice president of marketplace, Peter Faricy, has been stripped of many of his responsibilities.
- Forbes•10 hours ago
Why Should Commerce Executives Care About China? It's The Future
After reading Adam Lashinsky's article in Fortune about the quest for dominance in China between Alibaba's Jack Ma and Tencent's Pony Ma, I was reminded of when I was at ShopTalk in March. Let me explain.
- Motley Fool•10 hours ago
Kroger Is Holding Its Own in the Grocery Wars
The grocery chain reported solid results despite no shortage of threats.
- Bloomberg•11 hours ago
Amazon Dot Com Laughs at Your ‘Sales Taxes’
Today's Agenda The Supreme Court’s sales-tax decision The Space Force Intel’s good/bad news day The midterm elections College admissionsAmazon.com Will Soldier OnIt’s almost hard to remember now, but for a long time Amazon.
- Reuters - UK Focus•11 hours ago
US STOCKS-Dow drops eighth straight session on trade worry; Amazon slips
U.S. stocks fell on Thursday, with the Dow slumping for an eighth straight decline as industrials wobbled again on trade war concerns while Amazon and other online retailers weakened after a U.S. Supreme ...
CNBC•11 hours agoFood & dining, an upgrade for a Dow stock and the energy trade ahead of OPEC
The "Halftime Report" traders and Erin Browne of UBS Asset Management tackle Thursday's Trader Blitz picks.
- The Wall Street Journal•11 hours ago
[$$] Sales-Tax Ruling Poised to Hit Small Businesses Hard
The Supreme Court on Thursday overturned a longstanding precedent that states can only require retailers to collect sales tax when they have a physical presence there. “Trying to follow all the thousands of laws of tax jurisdictions across the country would put us out of business.
- CNBC•11 hours ago
Supreme Court decision to allow more online sales tax worries small business groups
The Supreme Court ruled Thursday that states now have the power to force online retailers to collect sales tax in states where they do not have a physical presence, reversing a ruling from 1992 in a 5-4 decision.
- MarketWatch•12 hours ago
Amazon shares fall after Supreme Court ruling on sales tax, as brick-and-mortar retailers gain
Amazon.com Inc. shares slid 1.1% Thursday while bricks-and-mortar store operators rallied, after the Supreme Court ruled that states have the right to collect sales taxes on internet companies that do not have a physical presence in their states. Wayfair Inc. said in a statement that it “already collects and remits sales tax on approximately 80% of our orders in the U.S., a number that continues to grow as we expand our logistics footprint.” The online furniture retailer doesn’t expect the ruling to have a “noticeable impact” on its business.
- Bloomberg Video•5 hours ago
China's 'Deep Cyclicals' Look Attractive, Chiron's Caldwell Says
Jun.21 -- Ryan Caldwell, chief investment officer at Chiron Investment Management, talks about U.S. and emerging-market stocks, and his investment strategy. He speaks with Yvonne Man and Ramy Inocencio on "Bloomberg Daybreak: Asia."
