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Why Amazon Stock Dropped Today

07-03-2022 · Why Amazon Stock Dropped Today By Rich Smith - Mar 7, 2022 at 12:59PM You’re reading a free article with opinions that may differ from …

07-03-2022

Shares of Amazon ( AMZN 0.16% ) stock tumbled today on some very curious news: Analyst company J.P. Morgan released a note (reported on TheFly.com) that named Amazon the bank's "top internet idea."

Amazon stock fell 4% through 12:30 p.m. ET.

Glowing red arrow trending down on a stock chart.

Image source: Getty Images.

So what

Does that make sense?

Sorta-kinda yes. According to J.P. Morgan's note, the Department of Commerce estimated that fourth-quarter e-commerce sales in the United States were only 7.6 billion, which was below J.P. Morgan's own prediction of 0 billion -- which sounds like bad news, and may have spooked investors.

But here's the thing: This isn't "new" news. The report on e-commerce revenue came out more than two weeks ago, on Feb. 18. So if investors are getting upset about it, they're late to the game today. (On the other hand, J.P. Morgan up and reminding them on the disappointment today may not have helped.)
 

Now what

That being said, here are two big things to keep in mind: First, J.P. Morgan notes that that while part of the decline in e-commerce spending was due to a "continued resurgence of brick and mortar retail sales," which may indicate a shift in consumer spending away from Amazon, the "ongoing supply chain headwinds" were also a factor, and those will subside in time. Long-term, J.P. Morgan still sees a trend toward increased penetration of e-commerce into overall consumer spending.

Second and even more important: While we all quite naturally think of Amazon as an e-commerce company -- an online merchant -- as time goes on, e-commerce is becoming less and less important to Amazon's profits. Fact is, according to the latest data from S&P Global Market Intelligence, Amazon now gets an astounding .5 billion of its operating profits not from e-commerce, but from Amazon Web Services cloud computing. That's 74% of Amazon's profits -- nearly three times as much profit as the company makes from e-commerce.

Viewed in that light, Q4's national e-commerce revenue "miss" looks less like a mortal threat to Amazon and more like a rounding error.

AMZN Stock | News | AMAZON Stock Price Today

On the 20th anniversary of the IPO Amazon stock closed at 1.35, giving the company a market value of about 6.2 billion. That's 490 times its split-adjusted stock price. That's 490 times its...

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Date Open Close Daily High Daily Low

Price change over selected period: 0% 0

Total Analysts: 100

Buy Ratings: 100 Neutral Ratings: 0 Sell Ratings: 0

Analyst: {}
Price-Target: {}
Rating: {}

Price *Price Target

Lowest: 2,525.00 Median: 3,831.30 Highest: 5,500.00

  2021 2022 2023 2024 2025
Revenue 470,482 552,785 649,083 733,947 836,771
Dividend 0.00 0.00 0.00 - -
Dividend Yield (in %) - - - - -
EPS 41.11 51.37 76.68 110.21 147.56
P/E Ratio 63.92 50.30 36.68 27.60 21.25
EBIT 24,076 33,030 51,073 72,805 95,669
EBITDA 68,967 83,413 107,521 138,339 170,050
Net Profit 21,116 27,232 41,847 58,839 79,429
Net Profit Adjusted 32,430 37,108 53,872 65,721 82,603
Pre-Tax Profit 25,856 32,957 52,758 75,766 98,876
Net Profit (Adjusted) 25,776 32,281 52,425 76,384 100,960
EPS (Non-GAAP) ex. SOE 51.27 60.73 85.58 117.22 -
EPS (GAAP) 41.11 51.37 76.68 110.21 147.56
Gross Income 195,908 234,063 280,427 322,354 362,159
Cash Flow from Investing -56,996 -56,022 -63,527 -54,875 -57,004
Cash Flow from Operations 61,459 87,105 114,878 142,051 171,914
Cash Flow from Financing 3,570 -4,842 -7,031 -625 0
Cash Flow per Share 120.46 143.95 192.46 306.94 369.31
Free Cash Flow 12,695 38,472 57,255 75,221 100,132
Free Cash Flow per Share 26.61 64.71 99.23 171.01 224.67
Book Value per Share 258.85 336.62 441.72 591.36 744.12
Net Debt -19,483 -32,192 -69,461 -177,857 -252,230
Research & Development Exp. 49,919 62,173 68,877 79,562 85,016
Capital Expenditure 52,648 52,572 59,842 63,293 56,997
Selling, General & Admin. Exp. 172,376 201,829 235,344 - -
Shareholder’s Equity 126,306 169,016 233,250 306,484 411,449
Total Assets 400,647 464,995 559,671 652,412 788,986
  Previous Quarter
ending 09/30/21
Current Quarter
ending 12/31/21
Next Quarter
ending 03/31/22
Current Year
ending 12/31/21
Next Year
ending 12/31/22
Earnings Estimates
No. of Analysts 43 43 32 45 45
Average Estimate 8.898 USD 3.747 USD 10.349 USD 41.115 USD 51.369 USD
Year Ago 12.370 USD 14.090 USD 15.790 USD 41.830 USD 41.115 USD
Publish Date 10/28/2021 2/3/2022 4/28/2022 - -
Revenue Estimates
No. of Analysts 41 41 30 44 43
Average Estimate 111,551 USD 137,834 USD 121,877 USD 470,482 USD 552,785 USD
Year Ago 96,145 USD 125,555 USD 108,518 USD 386,064 USD 470,482 USD
Publish Date 10/28/2021 2/3/2022 4/28/2022 - -

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

*Yield of the Respective Date

Add instrument to watchlist

3,419.77

2,669.00

3,420.29

93.00

12/23/2021

4:00 PM

1.84 M

3,421.37

3,408.56

1,790.87 B

507.15 M

3,403.00

3,439.50

2,881.00

3,773.08

0.00

79.54

86.63

41.11

258.85

120.46

Amazon. com, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www. amazon. com and www. amazon.

In 1997 when Amazon first filed for its initial public offering, the company was just three years old and had no clear path to profitability. It faced a growing list of competitors that included Simon & Schuster and Barnes & Noble, each of which was already selling books online. (read more)

Risk

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Owner in %
Freefloat 86.75
The Vanguard Group, Inc. 6.40
Vanguard Group, Inc. (Subfiler) 6.20
Mackenzie T Bezos 3.44
T. Rowe Price Associates, Inc. (Investment Management) 3.23
State Street Corp. 3.22
Fidelity Management & Research Co. LLC 2.43
Vanguard Total Stock Market Index Fund 2.40
BlackRock Institutional Trust Co. NA 1.85
BlackRock Fund Advisors 1.67
Geode Capital Management LLC 1.38
Northern Trust Corp. 0.98
Norges Bank (13F) 0.90
Government Pension Fund - Global (The) 0.88
Capital Research & Management Co. (Global Investors) 0.79

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.

Name Job
Dave Clark Chief Executive Officer-Worldwide Consumer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Edith W. Cooper Director
Randy Bradley Director
Jeffrey P. Bezos Executive Chairman
Joshua Huang Head-Business Development, Amazon Fresh Stores
Ali Farahani Head-Physical Stores Real Estate Expansion
Daniel P. Huttenlocher Independent Director
Indra Krishnamurthy Nooyi Independent Director
Jamie S. Gorelick Independent Director
Judith A. McGrath Independent Director
Keith Brian Alexander Independent Director
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Wendell P. Weeks Independent Director
Dave Fildes Investor Relations Contact
Jonathan Jake Rubinstein Lead Independent Director
Pietro Oriani Partner
Andrew R. Jassy President, Chief Executive Officer & Director
Steven Soloway Program Manager
Joanthan Waldron Real Estate Head
David A. Zapolsky Secretary, Senior Vice President & General Counsel
Emily Iacolo Senior GIS Manager
Ryan Slemons Senior Manager-Real Estate
Charlie Lohr Senior Pre-Construction Manager
Alexander Ragonese Senior Real Estate Manager
Jeffrey A. Gaither Senior Real Estate Manager
Stephen Smith Senior Real Estate Manager
W. Paul Rowley Senior Real Estate Manager-Amazon 4Star, Books
Amit Agarwal Senior VP & Country Manager-Amazon India
Peter DeSantis Senior Vice President-AWS Infrastructure & Support
Paul Kotas Senior Vice President-Advertising, Music & IMDb
Tom Taylor Senior Vice President-Alexa Management
David A. Limp Senior Vice President-Amazon Devices & Services
Jeff M. Blackburn Senior Vice President-Business Development
Jay Carney Senior Vice President-Corporate Affairs
Alicia S. Boler-Davis Senior Vice President-Global Customer Fulfillment
Beth Galetti Senior Vice President-Human Resources
Russ Grandinetti Senior Vice President-International Consumer
Doug Herrington Senior Vice President-North America Consumer
Charlie Bell Senior Vice President-Utility Computing Services
Lori Jordan Strategic Product Leader
Peter A. Krawiec VP-Worldwide Corporate & Business Development
Rohit Prasad Vice President & Head Scientist-Alexa
Shelley L. Reynolds Vice President & World Wide Controller
Kelly Jo MacArthur Vice President Legal & Associate General Counsel
Matt Garman Vice President-AWS Sales & Marketing
Mark Eamer Vice President-Advertising, Product & Media
Ned Curic Vice President-Alexa Automotive
Christine M. Beauchamp Vice President-Amazon Fashion
Seth Dallaire Vice President-Global Advertising Sales
Colleen Aubrey Vice President-Performance Advertising
Neil Lindsay Vice President-Worldwide Prime & Marketing
Here's Why Amazon Stock Plunged Today

30-07-2021 · As of 3:15 p.m. EDT, Amazon's stock price was down more than 7%. So what Amazon's net sales jumped 27% year over year to a staggering 3.1 …

30-07-2021

Shares of Amazon.com (NASDAQ:AMZN) fell on Friday following the release of the e-commerce giant's second-quarter results. As of 3:15 p.m. EDT, Amazon's stock price was down more than 7%. 

So what

Amazon's net sales jumped 27% year over year to a staggering 3.1 billion, fueled by strong gains in its cloud computing and advertising businesses. Amazon Web Services (AWS) delivered revenue growth of 37%, up from 32% in the first quarter. Amazon's "other" segment, which is mostly comprised of advertising-related sales, saw even more impressive gains, with revenue rising a blistering 87%.

The strong performances of these high-margin businesses helped Amazon's net income soar 50% to .8 billion, or .12 per share. That was well above Wall Street's consensus estimate for earnings per share of .30. 

Finger pointing to a red and green stock chart that rises sharply and then falls.
Amazon.com's shares sank on Friday. Image source: Getty Images.

Still, investors appeared to focus on Amazon's subdued guidance. Management sees revenue growth decelerating to between 10% and 16% in the third quarter as Amazon laps the torrid gains it experienced during the early stages of the coronavirus crisis. 

Now what

Chief Financial Officer Brian Olsavsky said during a conference call with analysts that Amazon's e-commerce growth is slowing as the economy reopens. "I think the impact of people getting vaccinated and getting out in the world, not only shopping offline, but also living life and getting out, it takes away from shopping time," Olsavsky said. 

Amazon's planned investments in its fulfillment network could also weigh on its profits in the second half of the year. Investors, however, should note that it's these types of investments that have helped the company achieve its dominant competitive position in the online retail and cloud infrastructure markets. Moreover, Amazon's current spending is likely to further strengthen its advantages over its rivals, thereby boosting its long-term profit potential. 

As a result, patient investors may wish to view today's sell-off as an opportunity to buy shares in this e-commerce and cloud titan at a sizable discount.

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  • Why Amazon.com (AMZN) Stock Is Down In After-Hours Trading ...

    Why Amazon.com (AMZN) Stock Is Down In After-Hours Trading Today Amazon.com (AMZN) is falling after-hours Thursday after missing analysts' estimates for …

    NEW YORK (TheStreet) -- Shares of Amazon.com (AMZN) - Get Amazon.com, Inc. Report were falling 7.1% to 1 in after-hours trading on Thursday after missing analysts' estimates for earnings and revenue in the third quarter.

    The online retailer reported a loss of 95 cents a share for the third quarter, lower than the loss of 74 cents a share analysts surveyed by FactSet expected. Revenue grew 20.4% year over year to .58 billion for the quarter, falling below analysts' estimates of .84 billion for the quarter.

    Looking forward to the fourth quarter, Amazon expects to report revenue of .3 billion to .3 billion, representing growth of 7% to 18% from the year-ago quarter.

    STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

    TheStreet Ratings team rates AMAZON.COM INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

    "We rate AMAZON.COM INC (AMZN) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow."

    You can view the full analysis from the report here: AMZN Ratings Report

    AMZN data by YCharts

    Image placeholder title

    STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

    Amazon Stock: Is It A Buy Amid Epic Battle With Walmart ...

    23-12-2021 · Is Amazon Stock A Buy Right Now? Amazon is working on a cup base with a 3,773.18 buy point. On a positive side the stock is trading back above its 50-day moving average.

    23-12-2021

    Amazon (AMZN) plans to build its first large-format retail stores, making a new foray into physical outlets and stepping up its battle against Walmart (WMT). Is Amazon stock a buy?

    X

    Amazon's 30,000-square-foot stores, which will debut in California and Ohio, are less than one-third the size of Walmart's conventional outlets. They're about one-sixth the size of Walmart Supercenter stores.

    Walmart, the behemoth of brick-and-mortar discount stores, is dueling Amazon, the giant of online shopping, in a battle over the future of retail, e-commerce and grocery shopping.

    Much work remains for either company to win the Amazon vs. Walmart battle. Walmart needs to expand online operations while also managing 11,500 stores across 28 countries, of which 4,743 are in the U.S. It's in the process of redesigning 1,000 stores by the end of 2021. Its goal is to create a more streamlined and faster shopping experience for customers.

    At the same time, Amazon must continue its aggressive rollout of warehouse distribution centers and figure out its strategy for building physical stores.

    Amazon Is Making Critical Investments

    "The key question from here is when/if does the current investment cycle drive evidence of share gains and margin leverage," RBC Capital Markets analyst Brad Erickson said in a note. "Only time will tell, but in our view AMZN stock is making critical investments as consumers increasingly demand faster shipping which should at least maintain share gains while, importantly, growing gross profit dollars."

    Amazon reported third-quarter results on Oct. 28. Adjusted earnings fell 51% from the year-ago period to .12 a share. Analysts expected .92 a share. Revenue climbed 15% to 0.8 billion, below expectations of 1.6 billion.

    For its fourth quarter, Amazon forecast revenue in the range of 0 billion to 0 billion. That missed analyst estimates for 2 billion. Amazon forecast earnings before interest and taxes, called EBIT, of

    .5 billion, versus estimates of .1 billion.

    The company's cloud-computing unit, Amazon Web Services, reported revenue growth of 39% to .6 billion. That topped estimates for 35% cloud-computing growth.

    Cowen analyst John Blackledge recently raised his price target on Amazon stock to 4,500, from 4,300. He listed Amazon as one of the "best ideas" for 2022, in the mega-cap category.

    Amazon Introduces Numerous New Gadgets

    On Sept. 28, Amazon introduced a plethora of consumer electronics gadgets, including smart displays and a home robot, at a fall product launch event.

    The Seattle-based e-commerce giant unveiled several devices that leverage its Alexa voice assistant technology. They include the Echo Show 15 smart display, which is designed to keep families organized, connected and entertained.

    Another Alexa-enabled device is Amazon's first robot, which is named Astro. The robot will act as a security guard, companion and mobile smart display. It brings together new advancements in artificial intelligence, computer vision, sensor technology, and voice and edge computing, the company said.

    Earlier this month, Amazon moved deeper into the television market with an all-new lineup of devices and its first Amazon-branded 4K smart TVs. The Amazon TV products go on sale in October. Amazon also introduced a 4K version of its Fire TV stick.

    Plenty Of Growth Opportunities

    Amazon entered 2021 with plenty of big growth opportunities. This included plans to expand its virtual health care program across the U.S. It is also expanding its prescription drug business.

    On March 17, Amazon announced that its telehealth pilot program, called Amazon Care, would expand to all of its U.S. employees and their families as well as other firms this summer. The program first launched at its Seattle headquarters 18 months ago.

    If Amazon can deliver more efficient health care services, the potential is enormous for fueling its growth engine — and by extension Amazon stock. Health care now comprises nearly a fifth of the U.S. economy.

    Amazon said the program enables workers to connect with medical professionals via chat or video conference, and connect patients with medical professionals. In addition, Amazon Care can dispatch a medical professional to a patient's home for additional care.

    Analysts at Jefferies give Amazon a buy rating and price target or 4,000.

    "We believe low expectations following two consecutive guide-downs better positions AMZN for upside in the core retail business," according to a Jefferies report.

    "We also see attractive growth at AWS and advertising, AMZN's two highest margin businesses, serving to more than offset near-term cost headwinds from labor shortages and supply chain disruption," it said.

    Tapping The Market For Prescription Drugs

    In addition, Amazon is tapping into the 0 billion market for prescription drugs. The company fired a big shot across the bow of drugstores and prescription drug wholesalers late last year when it launched Amazon Pharmacy. The new unit will offer Amazon Prime members discounts of up to 80% on generic drugs and 40% on brand medications.

    On May 26, Amazon announced it is acquiring iconic film studio Metro-Goldwyn-Mayer for .45 billion, looking broadly expand its position in streaming video and increase the value of its Prime rewards program. The acquisition is Amazon's largest since buying Whole Foods for .7 billion in 2017.

    To get Amazon Prime, users pay an annual or monthly fee for the service and receive multiple perks. This includes free access to Amazon Video and Amazon Music. Amazon has invested billions of dollars in its film and TV operations as well as live sports.

    Another growth vehicle for Amazon in 2021 is advertising. When looking for a product, about half of U.S. adults start their search with Amazon. More searches draw more advertisers. And as Covid-19 has caused more consumers to shop online that will keep Amazon's ad growth humming.

    Technical Analysis Of Amazon Stock

    In the stock market, timing is critical. So when you're looking for stocks to buy or sell, it's important to do the fundamental and technical analysis that identifies lower-risk entry points that also offer solid potential rewards.

    The IBD Stock Checkup tool shows that Amazon stock has an IBD Composite Rating of 72 out of 99.  When choosing growth stocks for the biggest potential gains based on the CAN SLIM investment paradigm, focus on those with a Composite Rating of 90 or higher.

    Its Relative Strength Rating is 62. The rating means that Amazon stock has outperformed 62% of all stocks in the IBD database over the past 12 months. Ideally, look for stocks with a rating of 80 or higher.

    Amazon is currently not a buy but is working on a cup base with a 3,773.18 buy point.

    If you're interested in buying large-cap stocks, in these articles you'll find technical analysis of leading large caps to see if they are in or near a proper buy zone.

    You'll also find alerts to warning signs and sell signals that show when to take your profits or cut short any losses. And, you'll discover if the current stock market trend is conducive to buying stocks, or if it's an environment where you want to take defensive action and sell.

    Please follow Brian Deagon on Twitter at @IBD_BDeagon for more on tech stocks, analysis and financial markets.

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    PS5 restock update: Track on Twitter, GameStop, Best Buy ...

    15-01-2022 · PS5: 9 @ Walmart The flagship PS5 console includes a 4K UDH Blu-ray disc drive. As a result, the design is slightly fuller than the all-digital model. It sells for 9 and includes a PS5 ...

    15-01-2022

    PS5 restock made big comeback this past week. Walmart, Sony Direct, and GameStop all offered PS5 consoles. While there's no restock at the moment, Amazon could be the next retailer to offer consoles as it hasn't restocked yet for 2022. 

    Additionally, Sony Direct is still accepting registrations for its invite-only PS5 restocks. Do note, registering doesn't guarantee that you'll be invited to their invite-only drops, but it's a great way to get your e-mail on Sony's radar, boosting your chances of getting a PS5. 

    We're also watching Twitter for news of any PS5 restock this week. For that reason, bookmark this page and keep it regularly refreshed as we bring you the latest restock news. 

    As of 11:45 a.m. ET on January 15, there is no PS5 restock available. PSA: If you do manage to get a PS5, may we advise you stay the heck away from jailbreaking exploits.

    PS5 restock tracker — stores to check

    PS5 restock — latest news and rumors 

    It's been a packed week of PS5 restocks. Yesterday featured a Sony Direct invite-only drop followed by a Walmart PS5 restock for Walmart Plus members, and there was also a smaller Antoline restock earlier in the week.  

    If you didn't manage to score a console in these drops, GameStop has confirmed it will be holding an in-store PS5 restock today (January 14). You can see which stores are participating on the GameStop website, and you will need to be a PowerUp Reward Pro member in order to buy a console in this restock. 

    Meanwhile, if you want to increase your odds of getting hold of a PS5, then make sure to sign up for Sony's invite-only PS5 restock registration. You won't be guaranteed a console, but it's a great way to get your email into the mix and potentially be selected to participate in future Sony Direct drops.

    An interesting restock-related tidbit has been uncovered recently. It looks like US lawmakers are once again attempting to ban the use of scalper bots. This could have a seriously positive impact on the availability of PS5 restocks, although pushes for similar laws in the past have ultimately been unfruitful. Hopefully, this time it sticks and scalpers ruining restocks becomes a problem of the past.   

    Plus, Sony is looking to resolve the ongoing PS5 stock shortage partially by producing more PS4 consoles. This will reportedly make PS5 production run smoother as Sony can negotiate better deals with its manufacturing partners. Which sounds like good news! 

    In other news, a new patent application filed by PlayStation designers hints that the PS5 will someday be able to run PS1, PS2 and PS3 games — giving you even more reason to pick up a PS5.

    No one knows when Amazon will release its PS5 consoles for sale — or if it even has any. In fact, Amazon PS5 restocks are the most unpredictable and they tend to occur overnight. Another thing to keep in mind — Amazon restocks tend to sell out in seconds. So you'll want to try this Amazon trick to increase your chances of getting a console.

    • check all PS5 inventory at Amazon right now

    Best Buy used to offer PS5 restocks on Friday afternoons, but the retailer has been known to restock on Thursdays and even on Mondays. In other words, it no longer follows a set pattern. A few things to keep in mind: Best Buy's drops always occur during the afternoon hours (between 12pm ET and 3pm ET) and they always offer the consoles at list price: 9 for the PS5 and 9 for the PS5 Digital. 

    • check all PS5 inventory at Best Buy right now

    Target PS5 restock dates have been hard to nail down. That's because the retailer tends to drop inventory in certain regions. For instance, someone in Chicago could see PS5 inventory at their local store, whereas a New Yorker might not see any inventory whatsoever. In addition, Target tends to do early morning restocks that occur around 8 a.m. ET. That said, their last restock sold out in minutes. 

    • Check all PS5 inventory at Target right now

    PS5 restock — Track on Twitter

    One of the best ways to find out when PS5 restock hits online retailers is by following the Sony Twitter account. We also recommend following Twitter accounts such as @PS5StockAlerts, @GYXdeals, @mattswider, @PS5Drop and @Wario64, which are often first to have the latest updates on availability. 

    Keep in mind that PS5 restock availability can also be regional and limited to select stores. Either way, make sure to keep this page bookmarked and to check the retailer listings regularly.

    PS5 restock — Check for stock at these retailers

    PS5 at Walmart

    PS5 at Amazon

    PS5 at Best Buy

    PS5 at GameStop

    PS5 at Target

    PS5 at B&H

    PS5 at Sony Direct

    How to buy PS5: Essential tips 

    Multiple sources have reported an Amazon trick that improves your chances of scoring a PS5. We tested this trick four times and each time we succeeded in getting a next-gen console into our cart. (We tested it with an Xbox Series X, but there's no reason why it shouldn't work with a PS5). Other PS5 retailer tips to follow include: 

    Get prepared: Make sure you have all the right payment card details and two-factor authentication available and to hand when you find a PS5 ready to buy. Units can go so fast that if you’re fiddling around trying to find your credit card you could miss your chance to secure a PS5 order.

    Select a retailer: As you can see from our list above, there are plenty of retailers to choose from, which can actually make the whole process of buying a PS5 a bit complicated. We suggest you select a couple of major retailers like Walmart and Amazon, and keep an eye on their PS5 landing pages.

    Sign up for stock alerts: Plenty of retailers offer to alert you to when they have PS5 restock. We suggest you sign up to those services for the retailers that are offering them.

    Find the right product page: It might sound obvious, but make sure you’re on the actual buying page for the PS5 or the PS5 Digital Edition. If you’re on a landing page, you might end up missing the moment new stock arrives.

    Sign in to retailers: Make sure you sign in to any retailers you might already have an account with. This will make things a lot faster when buying a PS5 if you spot one on sale. And speed is of the essence today.

    Keep refreshing and don't give up: It can be a little demoralizing trying to find PS5 restock when everywhere looks sold out. But regularly refresh product pages to see what pops up; you might get lucky. And also keep checking back here for any PS5 stock updates. 

    It's also a good idea to check a few of the subscription-based wholesaler retailers like Sam's Club, BJ's Wholesale Club, and Costco. You do need a paid membership to shop at these retailers, but that means reduced competition to snag a unit there. You may need to pay extra for a bundle, but it's worth checking out these locations either way. Currently, there are no online listings for these retailers to check, but it may be worth heading to each brick-and-mortar store to try your luck at this point. 

    It's been a fairly difficult process during this console generation to lock in any sort of next-gen purchase. But as we near the holidays, it's highly likely there will be additional PS5s available for purchase at some point as Sony catches up with those looking to buy PS5s.

    PS5 restock — price and discounts

    The PS5 with disc costs 9, whereas the PS5 Digital Edition costs 9. Unfortunately, it's gonna be a long time before we see any discounts on the consoles. However, we have noted some sales on PS5 accessories. Make sure to follow our PS5 deals coverage for deals on everything related to the PS5. 

    Where to buy PS5: Avoid the PS5 scalpers

    Unfortunately, one of the main reasons for the shortage of PS5 consoles is due to scalpers. These opportunistic people have been using bots to scan retailers for PS5 stock when it becomes available and buy as many of the consoles as they can in one go. 

    Once they have the highly-desirable console, they will then sell them for extortionate prices, often for thousands of dollars. Business Insider reported one reseller managed to get hold of 200 PS5 consoles and managed to sell them for more than ,000. 

    While this isn’t illegal, it’s not exactly the most morally sound thing to do. But at least it’s not as bad as some people who’ve been pretending to sell PS5 consoles on eBay by simply posting photos of the console and scamming people to bid for them when there was no PS5 on offer.  

    It might seem absurd to buy a PS5 for over

    ,000, especially as its launch game lineup isn’t particularly profound. But with the coronavirus pandemic seeing more people staying at home, some PlayStation fans are clearly desperate to get their hands on a new console to keep them entertained. 

    We advise you avoid buying from such resellers, fake or otherwise. At 9 the PS5 is still quite an expensive console and it currently doesn't have a huge library of games. So if you can wait until later this year, you’re likely to have a lot more PS5 games to choose from and Sony should have more consoles available. 

    A note on PS5 restocks

    PS5 restock is incredibly difficult to pin down. Despite our best efforts to bring you timely updates, Tom's Guide can't guarantee you'll be able to purchase a console. Nevertheless, we are committed to bringing you up-to-the-minute information on all restocks as soon as they happen. 

    longforecast.com

    Averaged Amazon stock price for month 3650. Price at the end 3882, change for November 17.00%. Amazon stock predictions for December 2021. The forecast for beginning of December 3882. Maximum value 4321, while minimum 3831. Averaged Amazon stock price for month 4028. Price at the end 4076, change for December 5.00%.

    2021/12/23. Amazon stock predictions for next months and years.

    Amazon stock price predictions for December 2021.
    The forecast for beginning of December 3444. Maximum value 3579, while minimum 3173. Averaged Amazon stock price for month 3393. Price at the end 3376, change for December -1.97%.

    Amazon stock predictions for January 2022.
    The forecast for beginning of January 3376. Maximum value 3531, while minimum 3131. Averaged Amazon stock price for month 3342. Price at the end 3331, change for January -1.33%.

    Year Mo Min Max Close Total%
    2021 Dec 3173 3579 3376 -1.97%
    2022 Jan 3131 3531 3331 -3.28%
    2022 Feb 3250 3664 3457 0.38%
    2022 Mar 3284 3704 3494 1.45%
    2022 Apr 3340 3766 3553 3.16%
    2022 May 3492 3938 3715 7.87%
    2022 Jun 3524 3974 3749 8.86%
    2022 Jul 3700 4172 3936 14.29%
    2022 Aug 3780 4262 4021 16.75%
    2022 Sep 3969 4475 4222 22.59%
    2022 Oct 3987 4497 4242 23.17%
    2022 Nov 4058 4576 4317 25.35%
    2022 Dec 4165 4697 4431 28.66%
    2023 Jan 4213 4751 4482 30.14%
    2023 Feb 4424 4988 4706 36.64%
    2023 Mar 4500 5074 4787 39.00%
    2023 Apr 4607 5195 4901 42.31%
    2023 May 4837 5455 5146 49.42%
    2023 Jun 5079 5727 5403 56.88%
    2023 Jul 5333 6013 5673 64.72%
    2023 Aug 5600 6314 5957 72.97%
    2023 Sep 5880 6630 6255 81.62%
    2023 Oct 5955 6715 6335 83.94%
    2023 Nov 6066 6840 6453 87.37%
    2023 Dec 6369 7183 6776 96.75%

    Amazon stock price predictions for February 2022.
    The forecast for beginning of February 3331. Maximum value 3664, while minimum 3250. Averaged Amazon stock price for month 3426. Price at the end 3457, change for February 3.78%.

    Amazon stock predictions for March 2022.
    The forecast for beginning of March 3457. Maximum value 3704, while minimum 3284. Averaged Amazon stock price for month 3485. Price at the end 3494, change for March 1.07%.

    Amazon Stock Forecast For Tomorrow, Week, Month.

    S&P 500 Forecast 2022, 2023, 2024.

    Amazon stock price predictions for April 2022.
    The forecast for beginning of April 3494. Maximum value 3766, while minimum 3340. Averaged Amazon stock price for month 3538. Price at the end 3553, change for April 1.69%.

    Amazon stock predictions for May 2022.
    The forecast for beginning of May 3553. Maximum value 3938, while minimum 3492. Averaged Amazon stock price for month 3675. Price at the end 3715, change for May 4.56%.

    Amazon stock price predictions for June 2022.
    The forecast for beginning of June 3715. Maximum value 3974, while minimum 3524. Averaged Amazon stock price for month 3741. Price at the end 3749, change for June 0.92%.

    Amazon stock predictions for July 2022.
    The forecast for beginning of July 3749. Maximum value 4172, while minimum 3700. Averaged Amazon stock price for month 3889. Price at the end 3936, change for July 4.99%.

    Amazon stock price predictions for August 2022.
    The forecast for beginning of August 3936. Maximum value 4262, while minimum 3780. Averaged Amazon stock price for month 4000. Price at the end 4021, change for August 2.16%.

    Amazon stock predictions for September 2022.
    The forecast for beginning of September 4021. Maximum value 4475, while minimum 3969. Averaged Amazon stock price for month 4172. Price at the end 4222, change for September 5.00%.

    Amazon stock price predictions for October 2022.
    The forecast for beginning of October 4222. Maximum value 4497, while minimum 3987. Averaged Amazon stock price for month 4237. Price at the end 4242, change for October 0.47%.

    Amazon stock predictions for November 2022.
    The forecast for beginning of November 4242. Maximum value 4576, while minimum 4058. Averaged Amazon stock price for month 4298. Price at the end 4317, change for November 1.77%.

    Amazon stock price predictions for December 2022.
    The forecast for beginning of December 4317. Maximum value 4697, while minimum 4165. Averaged Amazon stock price for month 4403. Price at the end 4431, change for December 2.64%.

    Apple Stock Forecast 2022, 2023, 2024.

    Tesla Stock Forecast 2022, 2023, 2024.

    Amazon stock predictions for January 2023.
    The forecast for beginning of January 4431. Maximum value 4751, while minimum 4213. Averaged Amazon stock price for month 4469. Price at the end 4482, change for January 1.15%.

    Amazon stock price predictions for February 2023.
    The forecast for beginning of February 4482. Maximum value 4988, while minimum 4424. Averaged Amazon stock price for month 4650. Price at the end 4706, change for February 5.00%.

    Amazon stock predictions for March 2023.
    The forecast for beginning of March 4706. Maximum value 5074, while minimum 4500. Averaged Amazon stock price for month 4767. Price at the end 4787, change for March 1.72%.

    Amazon stock price predictions for April 2023.
    The forecast for beginning of April 4787. Maximum value 5195, while minimum 4607. Averaged Amazon stock price for month 4873. Price at the end 4901, change for April 2.38%.

    More Stock Forecasts...

    Amazon stock predictions for May 2023.
    The forecast for beginning of May 4901. Maximum value 5455, while minimum 4837. Averaged Amazon stock price for month 5085. Price at the end 5146, change for May 5.00%.

    Amazon stock price predictions for June 2023.
    The forecast for beginning of June 5146. Maximum value 5727, while minimum 5079. Averaged Amazon stock price for month 5339. Price at the end 5403, change for June 4.99%.

    Amazon stock predictions for July 2023.
    The forecast for beginning of July 5403. Maximum value 6013, while minimum 5333. Averaged Amazon stock price for month 5606. Price at the end 5673, change for July 5.00%.

    Amazon stock price predictions for August 2023.
    The forecast for beginning of August 5673. Maximum value 6314, while minimum 5600. Averaged Amazon stock price for month 5886. Price at the end 5957, change for August 5.01%.

    Amazon stock predictions for September 2023.
    The forecast for beginning of September 5957. Maximum value 6630, while minimum 5880. Averaged Amazon stock price for month 6181. Price at the end 6255, change for September 5.00%.

    Amazon stock price predictions for October 2023.
    The forecast for beginning of October 6255. Maximum value 6715, while minimum 5955. Averaged Amazon stock price for month 6315. Price at the end 6335, change for October 1.28%.

    Amazon stock predictions for November 2023.
    The forecast for beginning of November 6335. Maximum value 6840, while minimum 6066. Averaged Amazon stock price for month 6424. Price at the end 6453, change for November 1.86%.

    Amazon stock price predictions for December 2023.
    The forecast for beginning of December 6453. Maximum value 7183, while minimum 6369. Averaged Amazon stock price for month 6695. Price at the end 6776, change for December 5.01%.

    Prime today, gone tomorrow: Chinese products get pulled ...

    10-05-2021 · Prime today, gone tomorrow: Chinese products get pulled from Amazon Rita Liao 7 months If you ever bought power banks, water bottles, toys or …

    10-05-2021

    If you ever bought power banks, water bottles, toys or other daily goods on Amazon, the chances are your suppliers are from China. Analysts have estimated that the share of Chinese merchants represented 75% of Amazon’s new sellers in January, up from 47% the year before, according to Marketplace Pulse, an e-commerce research firm.

    Chinese sellers are swarming not just Amazon but also eBay, Wish, Shopee and Alibaba’s AliExpress. The boom is in part a result of intense domestic competition in China’s online retail world, which forces merchants to seek new markets. Traditional exporters are turning to e-commerce, cutting out excessive distributors. Businesses are enchanted by the tale that a swathe of the priciest property in Shenzhen, an expensive city known for its tech and manufacturing, is now owned by people who made a fortune from e-commerce export.

    But the get-rich-quick optimism among the cross-border community came to a halt when several top Chinese sellers disappeared from Amazon over the past few days. At least eleven accounts that originate from Greater China were suspended, according to Juozas Kaziukenas, founder of Marketplace Pulse.

    Several accounts belong to the same parent firms, as it’s normal for big sellers, those with more than a million dollars in annual sales, to operate multiple brands on Amazon to optimize sales.

    TechCrunch has reached out to Mpower and Aukey, whose Amazon stores are gone and were two of the most successful brands native to the American marketplace.

    In total, the suspended accounts contribute over a billion dollars in gross merchandise value (GMV) to Amazon, said Kaziukenas.

    Amazon didn’t comment on the status of the suspended accounts, but said in a statement for TechCrunch that it has “long-standing policies to protect the integrity of our store, including product authenticity, genuine reviews and products meeting the expectations of our customers.”

    “We take swift action against those that violate them, including suspending or removing selling privileges,” said an Amazon spokesperson.

    Amazon’s over-the-top business, including IMDb TV and Twitch, tops 120M monthly viewers

    Chinese e-commerce exporters were startled by the incident. Inside WeChat groups where hundreds of sellers normally exchange business strategies, anxiety is rife and the consensus is that the targeted sellers have “crossed the line” in conducting questionable platform practices. Amazon says it shares enforcement actions directly with selling accounts.

    “This isn’t the first time Amazon has shut down accounts over fake reviews and other behavior that violate its rules, but the scale of this wave is unprecedented,” said Bill Zhang, who develops and exports smart training suits through Amazon.

    It’s no doubt that Amazon needs Chinese suppliers for affordable and diverse products, of which average quality has also increased remarkably in recent years. But as competition heated up among Chinese sellers, black hat tactics that were common in Chinese e-commerce became a necessity to survive on Amazon.

    “It’s an open secret that a lot of Chinese sellers are aggressive toward marketing,” said Cameron Walker, who worked for an export trade show in China for over a decade before running a toy export business.

    One of the common tricks employed by Chinese sellers is manipulating reviews, which affect how a product is listed on Amazon. This can be done by paying real buyers to leave a positive review or sending fake orders and leaving good comments through zombie accounts.

    The latter approach is often delegated to agents that call themselves “product review” services, which offer a suite of resources to emulate real accounts: IP proxies, virtual credit cards, overseas addresses, any pieces of identity that can help avoid suspicion from Amazon’s fraud detection algorithms, said an executive at a payments service who works closely with Chinese exporters.

    Another prevalent tactic, which perhaps poses a greater existential crisis to Amazon than fake reviews, is to direct buyers away from Amazon onto merchants’ own web stores. Amazon restricts merchants from collecting sensitive buyer information such as emails, but Chinese exporters find a way around: sending postcards to customers and asking them to leave reviews on their own websites.

    These tricks have been around for years; what caused the sudden attack on top sellers?

    Five exporters contacted by TechCrunch pointed to a data breach uncovered by SafetyDetectives, a cybersecurity firm, which contained a trove of direct messages between Amazon sellers soliciting fake reviews from buyers. The data, which implicates more than 200,000 individuals, was hosted on a server that appears to be in China, according to SafetyDetectives.

    The report didn’t mention the names of the sellers involved. TechCrunch cannot immediately verify claims in the report.

    Amazon did not say whether it was aware of the data breach. It, however, assured that it uses “machine learning tools and skilled investigators to analyze over 10 million review submissions weekly” and monitor “all existing reviews for signs of abuse and quickly take action if we find an issue.” It also works with social media sites to report “bad actors who are cultivating abusive reviews outside our store.”

    But bad actors will likely come back even after the latest episodes of crackdowns, said the cross-border payments executive.

    “Amazon is fighting an entire lucrative and tight-knit ecosystem of merchants and fake review services, not just a few big sellers.”

    In recent years, Amazon has been nudging more new sellers to join and be “good brands,” observed Walker. Merchants now need to meet strict requirements for brand registries, safety testing and insurance liability, he said.

    “It’s getting more difficult and costly to run a business on Amazon.”

    These challenges have encouraged hordes of exporters to diversify sales channels beyond Amazon and invest in their own Shopify-based web stores, where they get to write the rules. They are encouraged by what Shein, an independent e-commerce store that sells made-in-China apparel to overseas markets, has achieved. In the first quarter, Shein was the world’s second most downloaded shopping app, according to data provided by app analytics firm SensorTower. Many Chinese sellers dream that one day they, too, could break free from the grip of a behemoth like Amazon.

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    4 reasons why Amazon stock is getting nailed

    Recall that a year ago at this time Amazon was posting mind-blowing sales gains as the pandemic kept consumers inside and ordering online to an extent never seen before. Amazon execs …

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    HBO expected to lose 5M subscribers after leaving Amazon Prime

    15-09-2021 · Existing users who bought HBO subscriptions through Prime Video’s channels platform were also given access to HBO Max at no additional cost. The …

    15-09-2021

    HBO is expected to lose 5 million subscribers when it leaves Amazon Prime Video’s streaming platform, according to a report.

    Amazon sent messages to subscribers earlier this month that said HBO subscriptions would be canceled on Sept. 15, according to The Hollywood Reporter. Users would get a pro-rated refund based on their last billing cycle.

    HBO, which is known for hit shows like “Succession,” and “Game of Thrones,” is expected to provide a special offer to Amazon subscribers after their subscriptions are canceled, the publication said, citing an unnamed WarnerMedia executive.

    A rep for the WarnerMedia-owned HBO did not return requests for comment from The Post, nor did Amazon.

    Before the cancelation, Prime users were able to individually subscriber to HBO on the channels platform for a month. The platform has been a big success for Amazon, which gets to offer its customers popular shows from HBO, Showtime, Starz and Sundance TV within its existing app provided customers pay an additional fee.

    HBO, which is home to
    HBO, which is home to “Succession,” will likely lose 5 million subscribers as the service leaves Amazon Prime Video.
    HBO via AP

    But that changed after WarnerMedia and Amazon struck a deal late last year to remove HBO from Amazon Channels in 2021.

    The reason why is because WarnerMedia wanted HBO Max, which includes movies and shows from HBO, to become the main service for subscribers, so that the company could control its billing and interface rather than Amazon.

    In order to ween off HBO consumers from the channels platform, HBO Max was offered as a standalone app on Amazon Fire TV devices. Existing users who bought HBO subscriptions through Prime Video’s channels platform were also given access to HBO Max at no additional cost. The hope was that those customers will transition to HBO Max.

    Now, those HBO users will have to download HBO Max on Amazon Fire TV or other streaming devices and set up a new subscription.

    Since it launched in May 2020, HBO Max has become the focus for WarnerMedia, as the service tries to keep pace with streaming giants like Netflix and Disney.

    The logo of streaming service Amazon Prime Video
    Even though HBO is leaving Prime Video, customers will be able to access HBO Max on Amazon Fire TV and on other streaming devices.
    REUTERS/Danish Siddiqui/Illustration/File Photo

    In July, the company said HBO Max had nearly 68 million global subscribers, but that’s including customers from HBO. And that’s far behind Netflix and Disney , which have 209 million and 104 million global subscribers, respectively.

    Even so, WarnerMedia execs have said they expect some subscriber drop off once HBO exited Amazon’s service.

    Last month, HBO Max general manager Andy Forssell told Bloomberg that HBO isn’t worried about losing 5 million subscribers in the short-term if it meant cutting out the middleman, namely Amazon, in order to have a direct relationship with customers.

    “It’s important for us to own the customer,” Forssell said. “If the viewer is in the app, we can tailor the home page to them. We can tailor what they show them next. We can respond to that in real time.”

    AMZN

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    3 Reasons Why Amazon Stock is Dropping

    3 Reasons Why Amazon Stock is Dropping. Amazon reported a decline in third-quarter earnings after the market closed on Thursday. The e-commerce giant recorded a profit of .1 billion which came out to .23 per share. The earnings number fell …

    3 Reasons Why Amazon Stock is Dropping

    Amazon reported a decline in third-quarter earnings after the market closed on Thursday. The e-commerce giant recorded a profit of .1 billion which came out to .23 per share. The earnings number fell short of analysts’ expectations for an EPS of .59 per share. During the same quarter in 2018, earnings were .75 per share. This was the first time Amazon’s earnings have declined on a year-over-year basis since June 2017.

    In terms of revenue, Amazon comfortably beat expectations. The company recorded sales of .98 billion, which was higher than the .83 billion that was expected. In the same quarter in 2018, Amazon had recorded .58 billion in sales.

    Earnings season is a time when investors pay close attention to hits and misses. When a company reports lower revenue and/or earnings, it can indicate an underlying problem(s) that will affect the company’s short- or long-term growth.

    So the two questions on investor's minds are why did Amazon miss on earnings, and how concerned should investors be? Here a few reasons and explanations for why they should not be that concerning.

    Amazon is spending a lot of money on one-day delivery

    Amazon has unapologetically put revenue growth ahead of profits. The company’s move towards one-day delivery for Prime members is a great example of this. However, this is costing the company money. And Amazon indicated that they anticipate to be spending even more money during the upcoming holiday season.

    “We are ramping up to make our 25th holiday season the best ever for Prime customers — with millions of products available for free one-day delivery,” Amazon Chief Executive Jeff Bezos said in Thursday’s earnings announcement. “Customers love the transition of Prime from two days to one day — they’ve already ordered billions of items with free one-day delivery this year. It’s a big investment, and it’s the right long-term decision for customers.”

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    How concerned should you be? I don’t think you need to be very concerned. The question you have to ask yourself is whether or not Amazon will start suffering a decline in revenue. Based on the traffic I see from Prime trucks in my neighborhood, I don’t see that as being very likely. And prior to the second quarter of this year, Amazon had been reporting record profits. For all of 2018, Amazon reported a record billion in profits. However, this number was more than three times its previous annual record. The company also had reported record quarterly profits in the four quarters that preceded this year’s second-quarter downturn.

    The bottom line, Amazon is a money-making machine and I don’t see that changing.

    What Are Fang Stocks 

    Amazon Web Services (AWS) is showing decelerating growth

    In their earnings report, Amazon reported that AWS (their cloud computing division) increased revenue by 35% in the third quarter. While the revenue from AWS is growing faster than at Amazon.com (which grew at 24%), the revenue growth was down from 35% in the second quarter. The 35% also marked the lowest growth for the division in over five years.

    How concerned should investors be? Slightly. This is because AWS has been the cash cow for Amazon in terms of operating income over the past four years. In the third quarter, AWS operating income was .26 billion which was 9% higher on a year-over-year basis. However, the percentage gain of 8.9% works out to the slowest growth in four-and-a-half years. Still AWS remains the dominant player in the cloud infrastructure and advertising revenue growth is accelerating faster than expected.

    The bottom line, AWS remains the go-to company as tech startups look to go public. As long as that trend continues, the long-term outlook remains solid.

    Amazon is under regulatory scrutiny

    As reported by Lisa Lacy of Adweek, anti-trust action against Amazon will be the topic of conversation as the United States moves into an election year. Sen. Elizabeth Warren, a leading contender for the Democratic nomination has a plan to break up Amazon. Warren’s plan would cut off Amazon’s Marketplace and Basics line of products from the rest of the company. In Warren’s outlook, this would undo the “damage” done by the acquisitions of Whole Foods and Zappos that Warren deems anti-competitive.  

    However, Lacy reports a more likely outcome would be to see AWS spun off as a separate company. This is the opinion of NYU marketing professor Scott Galloway and Atlantic writer Franklin Foer. Ultimately this will be Amazon’s decision. However, one reason the spin-off may happen is as a preemptive strike against regulators.

    “If the writing is on the wall and pressure is building for regulatory action … then (Amazon) might decide to do it in a way they can control,” says Matthew Wilson, an associate professor of political science at Southern Methodist University.

    How concerned should investors be? This may be the most troublesome long-term issue. Amazon has changed the retail model to one where the line between convenience and immediacy is blurred. At the same time, the more Amazon expands, the more consumers are realizing how much of their privacy they have conceded.

    At issue is Amazon’s use of the data it has on its third-party sellers as well as the increasing encroachment of Amazon’s digital assistant Alexa into consumer’s lives. For example, Alexa can theoretically become part of a refrigerator that knows if perishable items, such as milk or eggs are going to go bad and reorders them automatically from Whole Foods. No action is needed by the consumer, but the consumer also loses the choice of buying those items from other retailers.

    The bottom line, Amazon may look like a very different company in a year’s time. This would be the largest obstacle to growth.


    7 Pharmaceutical Stocks to Buy For a Healthy Portfolio in 2022One year ago, investors expected 2021 to be a huge year for pharmaceutical stocks. The bullish perspective was that as vaccines rolled out and the economy reopened, investors would shift from biotech stocks to traditional pharmaceutical stocks. But the Delta variant has kept Covid-19 top of mind for many investors. While it’s true that some pharmaceutical stocks were part of the vaccine race, other players in the space have not performed as well as was hoped. Case in point, as of October 6, 2021, the iShares U.S. Pharmaceuticals ETF (NYSEARCA:IHE) is up only 9.7% in the last 12 months. And if you bought shares of the fund at the beginning of the year, you have no growth to show for your patience. There are reasons beyond Covid-19 to consider when assessing the disappointing performance of pharmaceutical stocks. One is the current political climate which is making no secret of its desire to reshape the healthcare industry. And it has the pricing practices of “big pharma” firmly in its crosshairs. However, the pharmaceutical sector is still loaded with quality stocks for investors who are willing to accept the inherent risk. And that’s the focus of this special presentation. In the next few minutes, we’ll take a look at seven pharmaceutical stocks that are ready to make strong moves forward in 2022.

    View the "7 Pharmaceutical Stocks to Buy For a Healthy Portfolio in 2022".


    Compare These Stocks  Add These Stocks to My Watchlist 
    Amazon Just Quietly Shut This Beloved Feature Down …

    Today, Kindle-owning Amazon Prime members are likely noticing something different from their reading service. Amazon has quietly shut down its …

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    Amazon falls after missing on earnings—what 6 experts are ...

    25-10-2019 · Amazon falls further after missing on earnings — here’s what 6 experts are watching now. It wasn’t exactly a prime showing. Amazon shares fell as much as 9% in after-hours trading Thursday ...

    25-10-2019

    It wasn't exactly a prime showing.

    Amazon shares fell as much as 9% in after-hours trading Thursday following its third-quarter earnings report, with the stock recovering to a 1.3% loss by Friday afternoon.

    The move was in part due to Amazon's return to investing heavily in its business, which weighed on profitability.

    Despite the initial plunge, experts don't think Amazon's next quarter — for which the e-commerce giant issued weaker-than-anticipated guidance — will play out as badly as feared.

    Here's what six of them said about the report:

    Tuna Amobi, industry analyst at CFRA, said Amazon's meaningful investment boost was something his firm "could live with":

    "This part quarter, [Amazon] spent billion on shipping. This current Q4, they're guiding for one-day delivery alone to impact the results by

    .5 billion, which is double what we saw in the third quarter. So, the trend line continues to increase. … The one-day delivery that we're seeing, I think, the data points that we see, kind of reassure us that it's actually the right step for the long term. Prime members are ordering more in terms of volumes, as well as value of the order, and the long-term economics of the one-day delivery so far seem to have justified the ratcheted investments that we're seeing. So, yes, the return to a heavy investment cycle is something that we can live with."

    Karen Finerman, co-founder and CEO of Metropolitan Capital Advisors, didn't find the stock particularly attractive, but she didn't think the earnings results changed the story:

    "Spend, spend, spend, right? They can afford to do it. … I don't think, if you're a bull and that's part of your thesis on the story, that anything that came out right now should change that. And they gave this guidance of [$]80 to [86.5] billion; that is an enormous range. So, they're just kind of throwing that out there. I wouldn't read that much into that as well. So, it's too expensive for me. This doesn't really change it [to], 'Oh, now it's in the range of excellent value,' so, it's not really my thing, but the thesis is intact."

    D.A. Davidson analyst Tom Forte said there was more to like in Amazon's report than people might think:

    "I definitely think you're seeing better performance out of Microsoft and then, to a lesser extent, out of Google, so it is a tougher competitive set for cloud. On the profit side, though, they still had more than a share in earnings, and the three big profit drivers besides [Amazon Web Services] as one are advertising and mix of third-party retail. So, yes, the deceleration sequential for cloud is concerning, but it's still a big profit driver along with third-party retail and advertising, and you still had four bucks-plus a share in earnings."

    Gene Munster, managing partner of Loup Ventures, said Amazon upping its investments was "absolutely" the right move:

    "How do I view it? It is absolutely the right thing for them to be in this investment mode. It's the right thing for them to push for consumers to think even more broadly about their wallet versus Amazon, and one day, as a powerful proposition around that. But ultimately, you need to continue to grow that base of Prime users. About two-thirds of the U.S. has Prime memberships. Now, ultimately, that could probably go to 75%. So, there is some room for upside. But it does get more difficult to continue to climb, and I think this all circles back to the core underlying question, which is what's the multiple you pay for that growth outlook? And my belief is we're probably fairly valued right now."

    Strategic Wealth Partners CEO Mark Tepper shared what he was telling his firm's clients:

    "This is one of our core holdings. I would look at this as a buying opportunity, so, I would expect probably a call from a client or two … to try and figure out what's going on. And, basically, what I'm going to tell them is a few things. No. 1, the weak guidance is pretty typical for Amazon. They are notorious for sandbagging their holiday projections and then just blowing right through them. Right now, they are investing from a position of strength, right? They've got a significant competitive advantage and they're spending money right now to continue to strengthen that competitive advantage, and it's still too cheap given the growth that this thing offers over the course of the next few years. I think fair value's [$]2200 to 2400 on Amazon."

    Jefferies analyst Brent Thill said Amazon is notorious for under-selling its forecasts:

    "Good Q3, bad Q4 guide. Again, the big investment in one-day deliveries really weighing on the story. There's no way they can offset these expenses. It's manual. You can't deliver packages any quicker or more efficiently, so many of the logistics experts continue to point to short term. There's a big investment mode. Amazon was going through harvest mode showing earnings upside, and now we're back into investment mode, and I think many investors are saying, 'Wait and see until they get out of this investment mode for these current investments to pay off.' Remember, typically, Amazon's pretty conservative. They did beat the top line and bottom line this quarter relative to our numbers, but, effectively, they've always given pretty conservative guidance, so our belief is that they'll surpass what they typically say. But that's going to continue to weigh on the short term given the investments they're making."

    Disclaimer

    Why Did the Nasdaq 100 Fall Today? What it Means for Tech ...

    27-10-2020 · Stocks are not out of the woods yet though, as more than 35% of the Nasdaq 100 index reports earnings Thursday into a market with soured sentiment The …

    27-10-2020

    The Nasdaq 100 suffered an abrupt decline Wednesday as risk appetite reeled and global equity markets pulled back on news that both France and Germany are locking down to stem the spread of coronavirus. The French and German economies make up a significant portion of the Euro area economy, leaving investors concerned with the growth outlook for the region. Further still, election uncertainty and an ongoing earnings season have created market volatility of their own, creating an incredibly volatile environment for stock traders.

    The volatility may be poised to continue as all three themes develop further with upcoming earnings from Apple, Amazon, Facebook and Google due Thursday afternoon. The corporate behemoths represent more than 35% of the entire Nasdaq 100 and have been responsible for much of the index’s gains this year. Together, the group is also vital to the sentiment surrounding technology stocks.

    After an encouraging report from Microsoft on Tuesday it seemed as though the quarterly findings might enjoy a sturdy backdrop, but after Wednesday’s price action, the reports will be released into a warzone. Since sentiment has already been severely damaged, these reports run the risk of adding fuel to the fire if results fail to meet expectations. Already this week German software company SAP displayed the ramifications of issuing poor guidance when it cratered by more than 20% in a single session.

    Considering the disastrous price reaction to SAP earnings and the tepid reaction to a solid report from Microsoft, it seems risks are skewed to the downside. Bad results are being met with steep declines and encouraging performances are met with relative indifference, surely a symptom of a damaged sentiment. Suffice it to say, the Nasdaq 100 might be in serious trouble if any of the reports from Apple, Amazon, Google and Facebook are less than perfect.

    Nasdaq 100 Price Chart: 1 - Hour Time Frame (September 2020 – October 2020)

    nasdaq 100 price chart

    To that end, Wednesday’s price action saw the Nasdaq take out previously identified support around 11,360 and even 11,200. Suffering a close beneath the latter, the index appears vulnerable to further declines from a technical perspective and the next area of potential support at 11,090 does not necessarily look positioned to stall a decline of this magnitude on its own. Thus, the more important levels might reside even lower, around the 10,950 and 10,675 respectively.

    Coinciding with the September low, 10,675 is the de facto “line in the sand” at this point. A breach of this area would establish a lower-low compared to the September trough and effectively establish evidence of a broader downtrend for the Nasdaq.

    Nasdaq 100 Price Chart: 4 - Hour Time Frame (August 2020 – October 2020)

    nasdaq 100 price chart

    As it stands, it could be argued September’s decline was a consolidation period in a longer-term uptrend, but a drive below the level could suggest prior declines were the building blocks of a larger retracement. Therefore, a break beneath 10,675 would really undermine the technical outlook of the Nasdaq 100 in my view. In the meantime, follow @PeterHanksFX on Twitter for updates and analysis.

    --Written by Peter Hanks, Strategist for DailyFX.com

    Contact and follow Peter on Twitter @PeterHanksFX

    Amazon Prime Members Will No Longer Receive This Perk for Free

    Amazon Prime Members Will No Longer Receive This Perk for Free. Amazon is dropping one of its perks from Amazon Prime memberships, and it will come as a big disappointment for subscribers who enjoy Whole Foods delivery. This week, Amazon began charging a .95 delivery fee for Whole Foods orders to be delivered within two hours.

    Amazon is dropping one of its perks from Amazon Prime memberships, and it will come as a big disappointment for subscribers who enjoy Whole Foods delivery. This week, Amazon began charging a .95 delivery fee for Whole Foods orders to be delivered within two hours. This service was previously free with any Amazon Prime subscription, which costs 9 annually or .99 per month.

    Although the new fee kicked in this week, Amazon warned subscribers it was coming last month in an email. The extra fee is meant to cover operating costs like equipment and technology without raising prices of the groceries themselves, a Whole Foods spokesperson told CNN Business. The new fee was put into place in six markets over the summer - Boston; Detroit; Chicago; Portland, Maine; Providence, Rhode Island; and Manchester, New Hampshire - before going national. One-hour delivery will cost another extra fee.

    The perk has been part of Amazon Prime subscriptions since 2018, the year after Amazon acquired Whole Foods. Other Whole Foods perks like free one-hour pickup at store locations will still be in place for Prime members. The fee will also not affect orders through Amazon Fresh.

    Before the Whole Foods fee went into effect, Walmart jumped at the opportunity to provide something Amazon couldn't. Last week, Walmart told Walmart subscribers they would get .95 back, reports CNN Business. "Because customers deserve a grocery delivery service that won't leave a Whole in their wallet for delivery fees - whoops, typo," Walmart's email read. Walmart offers similar perks like Amazon Prime, including free shipping with no order minimum. It costs annually and .95 per month.

    The new Whole Foods fee comes as Americans begin feeling the pinch of high grocery costs over a year into the coronavirus pandemic. Grocery prices jumped 3% from 2020, according to the Consumer Price index. Restaurant prices also climbed 4.7% over the past year. The costs of buying groceries online also climbed 1.64% in August compared to August 2020, according to the Adobe Digital Economy Index's analysis. Overall online costs climbed 3.1% over that period.

    0comments

    Amazon Prime customers can find other ways to save money at Whole Foods. In addition to the free one-hour pickup windows, blue tags in stores mean there are sales exclusive for Prime members on particular items, notes CNet. Yellow tags mean a Prime customer gets an additional 10% off on an item already on sale. The Whole Foods Market app can also be used at checkout to get additional exclusive Prime deals. 

    KUOW - Why Jeff Bezos is stepping down as Amazon's CEO

    03-02-2021 · Why is Jeff Bezos stepping down? Well, he wrote a letter to employees today explaining his decision. He said he still “tap dances into work everyday.” So he still loves the job.

    03-02-2021
    caption: Jeff Bezos looks up at the Canyon Living Wall on Monday, January 29, 2018, during the grand opening of Amazon's spheres in Seattle.
    Enlarge Icon

    Jeff Bezos announced today that he'll step down this year as the CEO of Amazon. But he's not leaving the company entirely.

    KUOW's Kim Malcolm spoke with reporter Joshua McNichols, about the announcement and what it could mean for Amazon and Bezos going forward.

    Why is Jeff Bezos stepping down?

    Well, he wrote a letter to employees today explaining his decision. He said he still “tap dances into work everyday.” So he still loves the job.

    But he can’t run Amazon and have enough time left over in his day to do all the other stuff he wants do to.

    What will he do?

    As the executive chair of Amazon, he says he’ll focus on new products and early initiatives. So what does that mean? We’ll see.

    But he also wants time to pursue other interests: He wants his newspaper, The Washington Post, to thrive. He wants to focus on philanthropy — one of his charities is fighting homelessness, for example. He wants to help the citizens of earth transition to clean energy. And of course, he wants to go to space.

    He’s said he’s been passionate about space and rockets since he was a five year old boy. I mean, this is a guy who made a cameo in a Star Trek movie ... but he was only on screen for about 8 seconds.

    What can you tell me about the new CEO, Andy Jassy?

    Well, he’s been there since 1997. So, not as long as Jeff Bezos has … but he has definitely been a big part of Amazon’s transformation over the years. For example, he practically invented the cloud, otherwise known as Amazon Web Services, and then later he became the CEO of that division.

    And this is really important. Amazon’s cloud is a big reason why Amazon is so much more than just an online retailer. They have server farms all over the world. These are the guts of the internet, or maybe the nervous system. And it’s on those servers that much of the internet runs, from Netflix to NASA.

    It took other companies like Microsoft 7 years to understand how important the Cloud was and to launch their own competing products.

    I’m telling you all this because Jeff Bezos puts tremendous value on Amazon’s inventiveness. By inventing things first, they can become dominant in whole new markets, just like they did with the cloud, just like they did with smart speakers.

    And choosing Andy Jassy means Amazon doesn’t plan to stop inventing new things.

    Do we have any reason to expect big changes at Amazon under this new leadership?

    Of course it’s too early to tell. But we do know a couple things.

    Change is normal at Amazon. Like, they’re still ramping up their drug delivery business. So it would be odd if we didn’t hear dramatic news coming out of the company under Jassy in the future.

    But I don’t think we should expect them to dramatically pull back from any of their current big projects. And I don’t think we should expect them to spin off a big part of their company willingly.

    And the reason I feel okay speculating on that is that just a few hours ago, we learned that Amazon earned 125 billion dollars in the last quarter of 2020.

    That's a record, I believe.

    Yeah, people couldn’t shop in person this holiday season, so they turned to Amazon.

    Amazon’s Stock May Drop Further Despite Big Earnings Beat

    28-10-2020 · Amazon reported blow-out third quarter results on October 29, easily beating analysts’ expectations. But it still may not have been enough!

    28-10-2020

    02 April 2020, Brandenburg, Kiekebusch: The logo of Amazon, (Amazon.com, Inc., listed US-American ... [ ] online mail order company), at the mail order warehouse in Kiekebusch, a district of the municipality of Schönefeld in the district of Dahme-Spreewald. Photo: Patrick Pleul/dpa-Zentralbild/ZB (Photo by Patrick Pleul/picture alliance via Getty Images)

    dpa/picture alliance via Getty Images

    Amazon.com Inc. (AMZN)  reported blow-out third quarter results on October 29, easily beating analysts’ expectations. But it may be a disappointment on Amazon’s Web Services business that turned the stock lower by almost 2% in the after-hours session.

    The equity has had a tremendous move in 2020. However, the stock isn’t cheap, with the shares trading at its highest valuation in years. The technical chart wasn’t in great shape heading into results either.

    AWS

    According to data from Refinitiv, analysts were looking for third quarter AWS revenue in a range of .2 billion to .9 billion, or .57 billion at the mid-point. Revenue did come in better than the mid-point of the range at .6 billion. Still, it is likely the disappointment that AWS didn’t come above the high end, which turned the shares lower. Additionally, AWS had revenue growth for its second quarter in a row below 30%, coming in at 29%.

    While the miss appears minor on the surface, AWS is the high margin part of Amazon’s business. It accounts for the majority of Amazon’s operating income. In the third quarter, Amazon had a total operating income of roughly .2 billion; AWS represented 57% of that operating income, or approximately .5 billion.

    Guidance

    Additionally,  the company is guiding operating income in a range of

    billion to .5 billion, or .7 billion at the mid-point.  That is lower than the operating income of about .9 billion a year ago, a drop of over 29%.

    The operating income decline is surprising since the company is guiding revenue to a range of 2 billion to 1 billion, or 6.5 billion at the mid-point, growth of about 33%. That is much better than analysts’ estimates for 2.3 billion. Still, the strong topline growth and declining operating income indicate the company is likely to be spending a lot.

    Amazon technical chart

    Tradingview

    Meanwhile, the chart has a bearish take to it with the potential for a double top reversal pattern marked by the two peaks around a price of ,250. It could even trigger a very sharp decline in the shares to potentially as low as ,465.  For that pattern to work, the stock would first need to drop below a technical support level of around ,900.  Additionally, the relative strength index also suggests lower prices lie ahead because it has been trending lower, indicating the momentum is leaving the stock.

    Amazon price to sales ratio

    Refinitiv

    The stock isn’t cheap, currently trading at a price to sales multiple at the upper end of its 20-year range. This means that investors may continue to be super critical of the smallest issue that comes up down the road.

    Michael Kramer is a financial market strategist and the portfolio manager of the Mott Capital Thematic Growth Portfolio.

    Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future results.

    Here's Why Amazon.com (AMZN) Stock Is Down Today

    NEW YORK (TheStreet) -- Amazon.com(AMZN) - Get Amazon.com, Inc. Reportstock is declining 2.40% to 0.51 in mid-afternoon trading on Thursday, as …

    NEW YORK (TheStreet) -- Amazon.com (AMZN) - Get Amazon.com, Inc. Report stock is declining 2.40% to 0.51 in mid-afternoon trading on Thursday, as Alphabet's (GOOGL) Google Cloud Platform won Apple (AAPL) as a customer in a blow to Amazon.com's Amazon Web Services, sources told CRN.

    Apple reportedly signed the deal with Google late last year, and has since greatly reduced its reliance on Amazon.com's cloud computing services while remaining a customer. 

    The iPhone-maker is spending between 0 million and 0 million on Google Cloud Platform, CRN notes. This would greatly benefit the vendor, which is widely believed to be third behind Amazon Web Services and Microsoft (MSFT) Azure in the public cloud.

    However, Pacific Crest contends that the cloud services market provides a billion opportunity big enough for Amazon.com, Microsoft and Google, Barron's reports.

    "There would certainly be some wins and losses among the three along the way, but it would likely be good for all three in the intermediate term," the firm wrote in a note. 

    (Amazon.com is held in the Growth Seeker portfolio. See all holdings with a free trial.)

    Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C.

    Amazon.com's strengths such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth are countered by the fact that the company has favored debt over equity in the management of its balance sheet.

    You can view the full analysis from the report here: AMZN

    TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

    Image placeholder title
    Amazon did the math and would actually prefer getting sued ...

    01-06-2021 · While Amazon’s customers may now no longer have to go through arbitration, some of its Flex workers are currently fighting for the ability to sue the company, despite their arbitration agreements.

    01-06-2021
    Illustration by Alex Castro / The Verge

    Amazon has recently changed its terms of service to allow its customers to bring lawsuits against the company instead of having to go through an arbitration process. According to The Wall Street Journal, the company made the change after over 75,000 Echo users were organized to file individual arbitration cases, which would have left Amazon on the hook for millions of dollars in fees.

    Unlike lawsuits, arbitration cases are handled by a third party instead of a judge or jury. According to the American Arbitration Association’s rules (which Amazon was bound by in its old terms of service), the company involved is responsible for hundreds, sometimes thousands of dollars in fees when a consumer brings a case against it — and those numbers add up quickly if a law firm is able to coordinate large numbers of consumers to bring complaints at once.

    We’ve seen mass-arbitration happen before in attempts to pressure tech companies (often with the goal of having those companies drop the aforementioned arbitration clauses from their worker contracts). Both Uber and DoorDash have faced thousands of disputes from their workers. As consumers and workers seem to be cluing in to the possibility of using arbitration clauses to their advantage, it actually seems like Amazon’s terms of service change may be more out of self interest: win or lose, a class action lawsuit is very likely to be less expensive for the company.

    Amazon’s conditions of use page says it was last updated on May 3rd, 2021. As of May 1st, according to the WayBack Machine, the “Disputes” sub-section explained, at length, the process users would have to go through if they wanted to make a claim against the company. It also made clear Amazon’s responsibility to reimburse auditors fees for claims under ,000, unless the claim was declared frivolous. Now, the disputes section reads:

    Any dispute or claim relating in any way to your use of any Amazon Service will be adjudicated in the state or Federal courts in King County, Washington, and you consent to exclusive jurisdiction and venue in these courts. We each waive any right to a jury trial.

    The updated terms of service also removes the requirement that users agree to the Federal Arbitration Act in order to use any Amazon services.

    That last bit about waiving the right to a jury trial may be unusual for tech company ToS agreements, but as an alternative to arbitration, it’s certainly been tried in other industries — though some states have found such clauses to be unenforceable.

    While Amazon’s customers may now no longer have to go through arbitration, some of its Flex workers are currently fighting for the ability to sue the company, despite their arbitration agreements.

    It’s also worth noting that certain consumer suits were able to bypass arbitration before the change — Amazon is currently being sued after allegations that some of its Alexas devices made audio recordings of minors. Judges have ruled that the case did not have to be handled by arbitration, as the minors didn’t agree to the terms of service. However, Amazon’s change opens the gates for other suits to be handled in court as well, and it helps the company avoid expensive mass arbitrations in the future.

    FedEx Financial Statement Shows Why It Dropped Amazon As a ...

    26-06-2019 · FedEx dropped Amazon as a customer this month. REUTERS/Fred Prouser. FedEx Express, the company's air cargo segment, has ended its relationship with Amazon. According to …

    26-06-2019

    Amazon is a big customer for delivery companies, but moving millions of Prime boxes isn't a high-margin business for some.

    "Amazon packages are very small, and they don't take up a whole lot of space, but at the same time there's not a whole lot of money to be made by moving them," Cathy Roberson, an analyst with Logistics Trends & Insights LLC, told Business Insider.

    FedEx's most recent quarterly earnings highlighted that. The Memphis, Tennessee-based package carrier's segment of US deferred packages (non-priority shipments) jumped by 24%. But the revenue per package dipped by 7% — to .41 a package from .52. It shows the difference between volume and yield — a high-volume segment isn't necessarily one that drives operating profits.

    fedex express revenue per package
    FedEx 2019 Q4 earnings, Rachel Premack/Business Insider

    US deferred packages are non-overnight air shipments that don't need to be delivered before a certain time. It comprises about a third of FedEx's domestic business.

    FedEx's air cargo network was built to carry priority, overnight shipments to deliver before certain times, but e-commerce doesn't have the same time crunch or service demands. Analysts say margins at Express have declined in recent years, partially because of that mismatch in Express' network and the fastest-growing delivery segments.

    "At what point do we question the scale of the Express networks?" the Barclays analyst Brandon Oglenski asked FedEx's CEO and founder, Fred Smith, during a call with investors on Tuesday, adding: "Because we've seen decade after decade of low returns, low margins, and peak economic activity that can't put in a pretty good return, but still never really crossing that threshold of covering the cost of capital."

    Read more: China might blacklist FedEx for not delivering Huawei phones. To save as much as

    .3 billion in Chinese deals, the package giant is now suing the Trump administration.

    "The only way I can respond to that is obviously the plans and the programs we put in place were designed to create superior returns," Smith responded. "We didn't just decide to do it for the hell of it, and it reminds me a little bit about that old adage of Mike Tyson that everybody's got a plan till they get hit in the mouth."

    Amazon is a prime example of low margins and high business

    The margin confusion points to a key financial reasoning for FedEx's choice earlier this month not to renew its US air contract with Amazon. FedEx moved 200,000 Amazon packages a day, according to Moody's Investors Service.

    Amazon made up some 1.3% of FedEx's 2018 revenue. But Donald Broughton, the founder and manager partner of Broughton Capital, told Business Insider the operating profit from that revenue was under 0.25% — "something between tiny and zero."

    The relationship will end Sunday and not affect FedEx's other relationships with the company, FedEx said. "We respect FedEx's decision and thank them for their role serving Amazon customers over the years," an Amazon representative told Business Insider.

    "Our strategic decision to not renew the FedEx Express US domestic contract with Amazon will also be a near-term headwind, which we expect to reverse to a positive in FY 2021, as we replace the lost volume and optimize the network," Brie Carere, FedEx's chief marketing and communications officer, told investors this week.

    Do you work at FedEx, Amazon, or another major transportation company and have an idea to share? Email me at [email protected]

    Ask Matt: Amazon profit drops, stock rises. Why?

    Q: Why did Amazon.com's stock rise even though it reported sharply lower earnings? A: In a normal world, if a company reported a decline in profit the stock price would fall. But Wall Street is ...

    A United Parcel Service driver delivers packages from Amazon.com.
    • Amazon.com's stock rallied despite reporting lower fourth-quarter earnings
    • Shares of the retailer rose even though earnings fell short of expectations
    • Investors were more focused on Amazon's revenue growth than its bottom line

    USA TODAY markets reporter Matt Krantz answers a different reader question every weekday. To submit a question, e-mail Matt at [email protected]

    Q: Why did Amazon.com's stock rise even though it reported sharply lower earnings?

    A: In a normal world, if a company reported a decline in profit the stock price would fall. But Wall Street is far from a normal world.

    Stocks, in the short-term, can do things that seem perplexing. And the way Amazon.com's (AMZN) stock reacted to the retailer's 45% decline in net income in the fourth quarter is a great example.

    Amazon reported a net profit of million during the quarter, which is down from the 7 million it earned in the same quarter the prior. The resulting 21 cents a share profit even fell short of the 29 cents a share analysts were forecasting. Despite that announcement on Jan. 29, though, the stock soared 5% on the first day of trading after the results were released.

    The stock's positive reception to the seemingly bad news tells investors about how Wall Street works. There are times when investors aren't as concerned with the official bottom line, but another more obscure indicator. And with Amazon, in the fourth quarter, investors were more interested in revenue growth and the profit margin in North America. Revenue during the quarter rose 22% to .3 billion.

    There's no question that for most companies, the profit and how it measures up against forecasts is a big mover of the stock in the short term. But with companies viewed as fast-growing, investors will often look past declining profit and even losses if they think the company is well positioned for the future.

    Why did Rivian stock drop today? Concern around production ...

    Michael M. Santiago/Getty Images News. Rivian (NASDAQ: RIVN) shares dropped by over 10% Friday after the company said it would be a few hundred units short of its initial 1,200 vehicle production ...

    Michael M. Santiago/Getty Images News

    • Rivian (NASDAQ:RIVN) shares dropped by over 10% Friday after the company said it would be a few hundred units short of its initial 1,200 vehicle production target in its Q3 earnings release.
    • Demand is strong for Rivian's trucks, with the company reporting 71K pre-orders for its R1 trucks as of December 15, in addition to a 100K initial order from Amazon for Rivian's in-the-works electric delivery vehicle. Rivian says it plans to deliver the first vehicles to Amazon this month.
    • However, the EV maker has yet to prove that it can scale up production following reports that it already delayed vehicle deliveries to customers.
    • In the earnings call, CEO RJ Scaringe said that already difficult production challenges were exacerbated by global supply chain issues, a tight labor market, and COVID-19. Nevertheless, he reiterated multiple times that he does not believe any current supply chain challenges represent long-term systemic issues.
    • Scaringe likened the ramp up effort to conducting an orchestra, as the company needs its supply chain, labor force, and solving of technical issues to all be accelerating at the same pace. If just a few suppliers are ramping up a little slower, it can create constraints and bottlenecks that reverberate through the whole supply chain.
    • Rivian confirmed plans to open a second production facility in Georgia capable of producing ~400K vehicles per year starting 2024. The company also intends to expand annual production at its Normal, IL plant by 50K to 200K vehicles as part of the ongoing ramp up.
    • Despite lower than expected production numbers, analysts remain largely bullish on Rivian. Piper Sandler said it was surprised by the sell-off, writing that production numbers this early are "meaningless."
    How To Get the Lower Price on Amazon After a Price Change

    08-12-2015 · Amazon has become famous for constantly changing prices on shoppers.It’s quite common for an item to be raised or lowered in price by up to 25% on a regular basis. For shoppers, it can be really frustrating to add items to your cart, or wishlist, only to see that they’re way more expensive the following day when you’re ready to place your order.

    08-12-2015

    Amazon has become famous for constantly changing prices on shoppers. It’s quite common for an item to be raised or lowered in price by up to 25% on a regular basis. For shoppers, it can be really frustrating to add items to your cart, or wishlist, only to see that they’re way more expensive the following day when you’re ready to place your order. But alas, I have a cool little hack to get a price adjustment if a product has gone up in price. Here is what you need to know.

    Start a Live Chat Session With Amazon and Ask for a Price Adjustment

    Amazon is making it a little trickier to start a live chat session as they’d rather have you find answers to your questions in other ways. So to help you out, here are the step-by-step directions to start a live chat:

    • On the bottom of the Amazon homepage, in the “Let Us Help You” section click on “Help”.
    • Next, in the “Browse Help topics”, go to “Need More Help”, then click on “Contact Us”.
    • Then in section 2 of the “Contact Us” page, select an issue, I usually select “More order issues”.
    • Finally, click on “Chat” in section 3 and a separate browser window will open and launch a chat session.

    Once you finally start a live chat, simply explain the situation in a polite manner. My wife did this recently on a Christmas gift we were buying for our daughter. The item was priced at .99 one day, and a whopping .99 the following day.

    On a whim, instead of waiting and seeing if the price came down again, I suggested she try getting a price adjustment via live chat. And guess what…it totally worked! Made me look like a genius in her eyes, and more importantly, saved us a quick .

    Here is a screenshot showing my wife’s chat session last night:

    Amazon Live Chat

    Don’t Abuse It

    Like any good customer service feature, if you abuse it, you can bet it will quickly go away or you’ll get blacklisted. The operator even called it a “one time exception”, although I’m guessing you could get a price adjustment like this several times a year as long as they aren’t all within a short period of time.

    It would be smart to only use this savings hack on more expensive items where the savings is worth the effort.

    Consider Automating Amazon Price Changes

    If you consider yourself a loyal Amazon user, you’ll want to consider using the free browser add-on called CamelCamelCamel, strange name for a very useful resource.

    It will help you track Amazon price changes as well as price histories for individual items so you make sure and buy only when the price is lowest. That way you won’t have to rely on a live chat operator continually hooking you up with a price adjustment.

    Ask the Reader: Have you ever been nailed by an Amazon price change? If so, how did you handle it?


    By Kyle James

    Amazon Shutters Prime Pantry, an Early Online Grocery ...

    07-01-2021 · Amazon.com Inc. has shuttered Prime Pantry, a grocery and household essentials delivery service that was one of the retailer’s early forays into selling food online.

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