Amazon.com, Inc. (AMZN) - NASDAQ
  • Aug. 24, 2012, 9:51 AM

    Amazon (AMZN +0.9%) and Comcast (CMCSA -0.5%) expand an existing licensing agreement to add hundreds of NBC TV episodes, both new and old, to Amazon Prime Instant Video. With an arsenal of over 22K movies and TV episodes, the Amazon streaming service is a formidable challenger to Netflix (NFLX -2.5%).

    | Aug. 24, 2012, 9:51 AM | 1 Comment
  • Jul. 27, 2012, 4:45 PM

    Amazon's (AMZN +7.9%) Q2 results helped Groupon (GRPN +14.8%) in more ways than one. Found within Amazon's 10-Q for the quarter is the news that top Groupon rival LivingSocial, in which Amazon has a 31% stake, posted Q2 revenue of $138M (+133% Y/Y), and an operating loss of $96M. Groupon is currently expected to generate Q2 revenue of $578M, and an operating profit of $73M. (more on AMZN) (transcript)

    | Jul. 27, 2012, 4:45 PM | 1 Comment
  • Jul. 27, 2012, 11:01 AM

    Amazon (AMZN +5.4%) is now up strongly post-earnings, as worries about top-line weakness and aggressive spending get overshadowed by a rising gross margin. Growing sales of e-books, AWS server/storage capacity, and third-party merchandise (now 40% of unit sales) are contributing to the margin gains. Goldman thinks these trends will lead to Amazon's operating margin bottoming later this year, and reaching 3.7% in 2013. Nomura (previous) also forecasts rising margins. (transcript)

    | Jul. 27, 2012, 11:01 AM | 10 Comments
  • Jul. 26, 2012, 4:23 PM

    More on Amazon (AMZN): Operating income -46.8% Y/Y. Service sales up 57% Y/Y and now account for 16% of revenue. Employee headcount of 69.1K, +60% Y/Y. Q3 sales guidance represents 19-31% Y/Y sales growth (vs. 29% in Q2). Company expects a Q3 operating loss of $50-350M vs. $79M profit a year earlier. Shares cutting losses, -2.5% AH. Conference call at 5 ET. (PR)

    | Jul. 26, 2012, 4:23 PM | 2 Comments
  • Jul. 26, 2012, 4:06 PM
    Amazon (AMZN): Q2 EPS of $0.01 misses by $0.01. Revenue of $12.83B (+29% Y/Y) misses by $60M. Sees Q3 revenue of $12.8-$14.3B vs. consensus of $14.1B. Shares -7.3% AH. (PR)
    | Jul. 26, 2012, 4:06 PM | 24 Comments
  • Jul. 25, 2012, 12:03 PM

    Amazon (AMZN -1.9%), which has strongly outperformed the Nasdaq in 2012, is selling off ahead of tomorrow's Q2 report. Amazon's Euro exposure is on the minds of many, as are Kindle sales and the impact of U.S. sales tax collections. Citi (Buy) thinks investors should focus on Amazon's potential to double its share of U.S. online retail over the next decade. Nomura expects Amazon to report another quarter of margin improvements, as it reaps the benefits of huge warehouse investments.

    | Jul. 25, 2012, 12:03 PM | 4 Comments
  • Jul. 19, 2012, 11:49 AM

    A modest Q2 beat and in-line guidance are enough to send eBay (EBAY +8.5%) to 6-year highs. PayPal's performance is in focus, as is eBay's growing mobile presence: The company predicts both PayPal and Marketplaces will handle $10B in mobile transactions this year, above prior estimates of $7B and $8B. Needham is pleased with eBay's rising margins and strong merchandise volumes, and thinks guidance could be conservative. AMZN +3.1%. OSTK +2.3%. MELI +1.5%. (transcript)

    | Jul. 19, 2012, 11:49 AM | 1 Comment
  • Jun. 18, 2012, 9:10 AM
    Groupon (GRPN) +4.4% on an upgrade to Overweight from Morgan Stanley. The firm, which is setting a PT of $18, cites a lower valuation, and thinks rivals such as Google Offers, AmazonLocal, and LivingSocial have "not gained meaningful traction or deployed new innovations." Groupon rallied on Friday along with other recently-battered Internet names. (also)
    | Jun. 18, 2012, 9:10 AM | 1 Comment
  • Jun. 6, 2012, 1:28 PM

    More on Stifel's Groupon (GRPN +7.4%) upgrade: Analyst Jordan Rohan thinks shares now fully price in the company's restatement and lockup expiration, and expects more efficient marketing spending to drive operating leverage. He adds estimates could be too low if Groupon moves into traditional e-commerce, as he expects (ed: that would expand Groupon's market, but also brings capex, inventory, and channel conflict risks, not to mention direct competition with AMZN).

    | Jun. 6, 2012, 1:28 PM
  • May 29, 2012, 9:50 AM
    As part of its efforts to ramp its mobile ad business (and thus better monetize its Kindle line), Amazon (AMZN) has "kicked the tires on a few mobile-ad companies," AdAge reports. One of those companies is said to be JumpTap, one of the largest independent mobile ad networks. It's added Amazon has hired ex-Microsoft mobile marketing chief Jamie Wells to head its ad sales efforts. Millennial Media (MM +3.2%) appears to be getting a lift from AdAge's report.
    | May 29, 2012, 9:50 AM
  • May 17, 2012, 12:47 PM

    E-Commerce China Dangdang (DANG -15.1%) plummets after delivering soft revenue guidance to go with mixed Q1 results. The online bookseller says it expects Q2 revenue of RMB1186M ($187.5M), below a consensus of $202.1M. Also, Dangdang's Q1 cost of sales amounted to 85.8% of revenue, up 530 bps Y/Y. A mix shift towards lower-margin general merchandise sales relative to media sales was responsible for the increase. Amazon (AMZN) can probably sympathize. (PR)

    | May 17, 2012, 12:47 PM | 3 Comments
  • May 16, 2012, 12:57 PM

    Groupon (GRPN +4.3%) is adding to this week's huge pre and post-earnings rally, undoubtedly boosted by short-covering. The gains come as AllThingsD reports Groupon has hired Amazon (AMZN) payments chief Vinayak Hegde to be its VP of engineering. Hegde joins several other former Amazon execs at Groupon, including CFO Jason Child, product VP Jeff Holden, and Americas VP Kal Raman.

    | May 16, 2012, 12:57 PM
  • May 15, 2012, 7:30 AM

    Amazon (AMZN) is upgraded to Outperform at Credit Suisse, which also raises its price target to $270 from $190. CS takes note of the recent buyback announcement, saying the stock has historically outperformed the S&P by 132% in the 12 months following such moves. Shares +1.4% premarket.

    | May 15, 2012, 7:30 AM | 1 Comment
  • May 7, 2012, 2:23 PM

    MercadoLibre (MELI -3.1%) sells off after Stifel downgrades the Latin American online auction giant to Sell, citing competition. Stifel notes Amazon (AMZN) reportedly plans to open up shop in the Sao Paulo region, and Japanese e-commerce site Rakuten is also targeting Brazil. The firm thinks MercadoLibre's multiples will have to contract to reflect heightened risk. The company's Brazilian sales grew 39% Y/Y in Q4.

    | May 7, 2012, 2:23 PM
  • May 2, 2012, 11:53 AM

    Amazon (AMZN +0.2%) announces that Amazon Studios will expand its efforts to develop comedy and kids shows with an online initiative that allows budding producers to submit their content and earn royalties. Unlike most Hollywood decision-making, crowdsourcing will be used to determine which Amazon shows are greenlighted.

    | May 2, 2012, 11:53 AM | 1 Comment
  • Apr. 27, 2012, 10:19 AM
    As Amazon (AMZN +13%) takes off following its Q1 report, bulls are encouraged by its continued retail share gains and the 120 bps Y/Y increase in its gross margin, which was fueled by soaring e-book and web services revenue - RBC notes Amazon's GM jump is its largest in 10 years. Others, however, remain worried about Amazon's enormous spending growth. The company hired another 9,400 people in Q1, its biggest increase ever. (more) (transcript)
    | Apr. 27, 2012, 10:19 AM
Company Description
Amazon.com, Inc. provides online retail shopping services. It provides services to four primary customer sets: consumers, sellers, enterprises, and content creators. The company also provides other marketing and promotional services, such as online advertising and co-branded credit card... More
Sector: Technology
Country: United States