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Nasdaq AMZN Amazon

Apple to bring Parler back to its App Store

5 years 6 months ago
Apple Inc will bring social media app Parler, favored by U.S conservatives, back to its App Store after the iPhone maker pulled it following the deadly Jan. 6 U.S. Capitol riot, according to a letter sent to two Republican lawmakers.
Reuters

Why Clean Energy Fuels Stock Soared Today

5 years 6 months ago
What happenedShares of Clean Energy Fuels (NASDAQ: CLNE) soared Monday morning after the company announced an agreement with Amazon (NASDAQ: AMZN). After initially jumping more than 25%, shares remained up almost 16% as of 11 a.m. EDT.
The Motley Fool

3 Top E-Commerce Picks for April

5 years 6 months ago
There will likely be plenty of pent-up demand for in-store shopping once the economy fully reopens, but that doesn't mean e-commerce will take a back seat. It's estimated that the pandemic accelerated the digital shift in the economy by up to five years, which could have a perman
The Motley Fool

Who Are Amazon's Ideal Telehealth Customers?

5 years 6 months ago
In this video from Motley Fool Live, recorded on March 22, Fool.com contributors Brian Orelli and Keith Speights discuss the potential customers for Amazon.com's (NASDAQ: AMZN) telehealth offering. The service is currently focused on the company's employees but could eventually b
The Motley Fool

In Swan Song, Bezos Sets a Bold New Goal for Amazon

5 years 6 months ago
Amazon's (NASDAQ: AMZN) mission has always been to be Earth's most customer-centric company. That relentless focus on the customer is a big reason why Amazon is one of the most valuable companies in the world. Making things easier for the customer is the foundation of the company
The Motley Fool

The Biggest Risks to Big Tech's Continued Dominance

5 years 6 months ago
There are plenty of reasons to invest in big tech stocks like Facebook (NASDAQ: FB), Apple (NASDAQ: AAPL) and the other mega-cap names. But it's also important to recognize that there are always valid reasons for and against making any investment. In this Fool Live video clip, re
The Motley Fool

Is Bed Bath & Beyond Stock Set to Double?

5 years 6 months ago
Bed Bath & Beyond (NASDAQ: BBBY) investors just can't catch a break.After years of underperformance, shares hit a four-year high in January -- the result of a rally that looked like a vote of confidence in CEO Mark Tritton's turnaround plan. Then, on April 14, shares tumbled
The Motley Fool

Most Likely to Produce 10X Returns: Facebook vs. Amazon

5 years 6 months ago
It might seem far-fetched to think that a tech company with a trillion-dollar (or close to it) valuation could produce 10 times their returns for investors from here. But that's exactly what some of our experts think Facebook (NASDAQ: FB) and Amazon (NASDAQ: AMZN) are capable of
The Motley Fool

Amazon Experiments With Furniture Assembly Service – Report

5 years 6 months ago

Amazon is exploring a premium furniture assembly service, Bloomberg reported on Friday. According to the report, Amazon is experimenting with a premium service that would allow customers to opt for furniture assembly or appliance installation as soon as such items are delivered to their homes.

The move would enable Amazon (AMZN) to take on other furniture and home goods retailers like Wayfair (W), Best Buy (BBY), Home Depot (HD) and Lowe’s (LOW), Bloomberg said.

The report, citing unknown sources, said that AMZN is planning to introduce the furniture assembly service in Virginia and two other markets. Currently, Amazon only delivers furniture and appliances but doesn’t offer their assembly or installation.

Bloomberg said that the new service will involve the drivers not only delivering, unpacking and assembling the items, but also taking it back if the customer is not satisfied. The report said that this new service, if adopted, could simplify the company’s existing Amazon Home Services, available in select cities in the United States that allows customers to hire contractors through its website for furniture assembly or installation of electronic appliances. (See Amazon stock analysis on TipRanks)

Wayfair overtook Amazon as the biggest online retailer of furniture and home goods in 2019, according to the Bloomberg report, citing 1010Data .

On April 15, Morgan Stanley analyst Brian Nowak reiterated a Buy rating and a price target of $4,200 on the stock after AMZN confirmed its plans to open four grocery stores on the East Coast.

Nowak told investors that it has been reported that Amazon plans to build almost 100 additional stores over and above the 12 Fresh stores currently operated in CA and IL.

Shares of Amazon have jumped 10.5% in the past month.

Consensus among analysts is a Strong Buy based on 32 Buys. The average analyst price target stands at $4,103.27 and implies upside potential of 20.7% to current levels.

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TipRanks

Should Grocery Companies Be Worried About Amazon Fresh?

5 years 6 months ago
Bloomberg is reporting that Amazon (NASDAQ: AMZN), the king of e-commerce, is getting more aggressive with its physical retail investments. Sources told the news outlet the company plans to open 28 new Amazon Fresh stores across the U.S. this year, adding to its 11 current locati
The Motley Fool

Got $5,000? Here Are 3 Cathie Wood Stocks That Could Soar

5 years 6 months ago
Cathie Wood has become one of the investing world's most popular figures over the last year -- and for good reason. The founder and CEO of ARK Invest has helped put together a collection of actively managed exchange-traded funds (ETFs) that have absolutely crushed the market over
The Motley Fool
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