Despite beating on earnings in its fourth quarter financial report, Amazon shares took a nose dive after the e-commerce giant warned that it would be increasing investments. Earnings for the holiday quarter were $6.04 a share, beating the $5.68 a share that analysts according to Refinitiv were expecting. Revenue at $72.4 billion was also ahead … Continue reading “Amazon Shares Drop After Company Gives This Warning for 2019”
Tag: Amazon
Amazon Unveils Scout the Delivery Robot
Amazon customers shouldn't be surprised if they see a robot one day delivering their packages.…
Amazon is Doing This to Keep Your Packages Safe
Ordering stuff online has become one of the easiest conveniences for many Americans but sadly…
This Company was the Top Public Company of 2018
2018 was an interesting year for the market as the trade war and other factors…
Amazon May Be Adding More Whole Foods Stores to its Prime Now Service
According to a Wall Street Journal report over the weekend, e-commerce giant Amazon may be…
Whole Foods Makes Big Move Removing Packaging with Cancer Linked Chemical
According to a Bloombeg report, Whole Foods, which is owned by Amazon, has said that…
Another Amazon Executive Has Landed at Airbnb
After ten months almost of searching, Airbnb has hired Dave Stephenson, an Amazon VP, as…
Amazon is Now Bidding for Disney’s Regional Sports Networks
It was this week that Disney announced it had received unconditional approval from China for…
Amazon Officially Announces New York and Virginia as Company’s HQ2 Locations
The search is over for e-commerce giant on where it's going to set up shop…
Amazon Reportedly Choosing Long Island City as One of its Headquarter Locations
According to the New York Times, in a surprise move, Amazon's next headquarters could be…
Amazon CEO Says Amazon’s HQ2 Location Decision Will be Based on Intuition
Amazon's CEO Jeff Bezos has said that the e-commerce giant's decision on where its HQ2…
Microsoft is Now Second Largest Company by Market Value
It may have been a bad week for Amazon, but it resulted in a good…
This is How Much Higher Postal Fees Will Cost Amazon
According to estimates from Credit Suisse, a proposed hike in shipping and mailing fees at…
Morgan Stanley Is Feeling Optimistic About Amazon’s Earnings
Morgan Stanley has revealed a bullish sentiment over Amazon's earnings and thinks the e-commerce giant…