Fri, Nov. 25, 11:57 AM
- KeyBanc calls Amazon (AMZN -0.1%) and Wal-Mart (WMT +0.7%) early winners of the Black Friday shopping period based on channel checks.
- The investment firm confirms other reports that mall traffic is light. Within the mall sector, Lululemon (LULU +0.2%), Victoria's Secret (NYSE:LB) and Gaps (GPS -1.4%) are called outperformers - while concerns are raised over Buckle (BKE +0.6%) and Vera Bradley (VRA +0.8%).
- Cowen also sees Wal-Mart as a winner. Pink (LB) and American Eagle Outfitters (AEO +0.2%) are also doing wel, according to analyst Olivia Chen.
- MKM Partners has an eye on margins. The combination of "virtually all" retailers offering broad discounts on store assortment and a low level of inventory heading into the shopping period is striking.
- FBR Capital reiterates the broad theme that online sales are diluting Black Friday store traffic. Despite the overhang - Carter's (CRI +0.2%), Hanesbrands (HBI -0.3%), Chico's (CHS +0.7%) and Children's Place (PLCE +1.3%) are called out by FBR as standouts.
Fri, Nov. 25, 11:30 AM
- The South China Morning Post reports Microsoft's Azure platform comprises 17.3% of market share within the country, and maintains positioning there second behind Alibaba Cloud (BABA -0.1%) [N.B. Alibaba owns the South China Morning Post], and ahead of thirdly ranked Amazon Web Services (AMZN) among public cloud platforms in Q4 2016.
- As it targets expanded development in China, Microsoft (MSFT) notes partnerships represent primary focus of the cloud business' growth strategy and that the company overall is "very different" from where it was ten or even five years ago.
- With Alibaba looking to expand its cloud presence into new markets, Amazon already a leader in many, Google ramping attention on its platform and Microsoft's steady transition to a broad focus on cloud-integrated services, the global race for cloud share is well underway and intensifying rapidly.
- Related (October 31): Amazon, Alphabet, Microsoft combine for 12% year-term capital expenditure increase amid intensifying cloud race
Fri, Nov. 25, 10:44 AM
- Potentially through a $1B deal.
- Souq.com (Private:SOUQ) is said to have originally targeted sale of a percentage stake, though latest developments have Amazon (AMZN +0.2%) considering the entire operation. Finalization of any deal, however, has not so far transpired and talks could always stall.
- Souq.com claims 1.5M+ products for sale in the United Arab Emirates, Egypt and Saudi Arabia, and has registered $425M in overall funding as a private company since founding in 2005.
- Previously (November 2): Amazon reportedly moving on Southeast Asia, Middle East
Fri, Nov. 25, 8:23 AM
- In an emailed statement, Amazon (NASDAQ:AMZN) says it's on pace to surpass the number of items sold last year, with Alexa devices among the best-sellers thus far today.
- Other best-sellers include Hasbro's (NASDAQ:HAS) Pie Face Game, Instant Pot 7-in-1 Multifunctional Cooker, WeMo Switch Smart Plug (works with Alexa), and the Sennheiser HD 598 Headphones.
- The company also put out a press release earlier this morning detailing some of its Cyber Monday deals.
- Shares +0.8% premarket
Thu, Nov. 24, 3:18 AM
- Pilots for the Air Transport Services Group (NASDAQ:ATSG) unit that hauls packages for Amazon (NASDAQ:AMZN) and DHL have been ordered back to work by a federal judge, halting a strike that threatened to disrupt holiday deliveries.
- "The public expects that purchases and shipments will be delivered in a timely fashion," U.S. District Judge Timothy Black said in the ruling. "Absent an injunction, ABX, its customers and the public will suffer immediate, irreparable harm. Imagine Christmas without Amazon!"
- The pilots walked off the job early Tuesday over what they said were violations of their collective bargaining agreement, but Judge Black said there was "no evidence" to support their claims.
Wed, Nov. 23, 2:49 PM
- Analyst Jason Helfstein considers Facebook and Amazon among the most attractive of the group, though Outperform ratings on each are held by the firm. While sharp negative post-election reaction across the names is somewhat moderating, notes investor concern involving net neutrality, immigration, regulation and trade remain, resulting in below-premium trading levels.
- On Facebook, cites expected catalysts in ad monetization generated through video strategy, Instagram prospects and Dynamic Product Ads, and on Amazon, sees strength in holiday shopping season and Amazon Web Services.
- For Alphabet, observes YouTube momentum, growing ad budgets and holiday season opportunity among other catalysts. On Netflix, considers possible upside to held estimates.
- Since U.S. election (November 8) – (NASDAQ:FB) -2.9%, (NASDAQ:AMZN) -1.05%, (NASDAQ:GOOGL) -4.3%, (NASDAQ:GOOG) -3.9%, (NASDAQ:NFLX) -5.3%
- Last week: Piper Jaffray reissues Overweight position on Facebook, Amazon, Alphabet, Netflix
Tue, Nov. 22, 3:33 PM
- Looking at the top 50 hedge fund hotels, it's probably little surprise that Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB) top the list, with Amazon making for a top 10 holding in 61 funds, and Facebook in 57.
- Rounding out the top 10 are Charter Communications (NASDAQ:CHTR), Alphabet (GOOG, GOOGL), Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Yahoo (NASDAQ:YHOO), Allergan (NYSE:AGN), Bank of America (NYSE:BAC), and Priceline (NASDAQ:PCLN).
- Looking at another gauge - the percent of market cap owned by hedge funds - shows CommScope (NASDAQ:COMM) leading the way, with hedge funds owning 37%. Next is Dell Technologies (NYSE:DVMT) and Expedia (NASDAQ:EXPE) at 30%, and after that: Liberty Broadband (NASDAQ:LBRDK) at 24%, LinkedIn (NYSE:LNKD) at 21%, Constellation Brands (NYSE:STZ) at 20%, and Humana (NYSE:HUM) and WhiteWave Foods (NYSE:WWAV) at 19%.
- Previously: Goldman's list of shorts mattering most to hedge funds (Nov. 22)
Tue, Nov. 22, 12:48 PM
- 250 pilots at ABX Air, subsidiary of Air Transport Services Group, are striking on alleged workforce shortages. The carrier handles around 35 flights per day for Amazon.
- ABX Air plans legal action as it looks to navigate the stoppage.
- Impact, if any, on Amazon (AMZN +1.2%) remains to be quantified, though any disruptions across its transport network as the holiday season comes into view is naturally unwelcome.
Tue, Nov. 22, 9:17 AM
- To be located in North Las Vegas and add 1,000 full-time jobs to an existing 1,500 headcount attributed to Amazon's (NASDAQ:AMZN) other two facilities in the state.
- Packing and shipping of large items (big-screen televisions, kayaks, patio furniture) comprise principal aim of the forthcoming 800,000-square-foot space.
Tue, Nov. 22, 4:37 AM
- It looks like Amazon's (NASDAQ:AMZN) rumored $250M bet is already starting to pay off.
- The first episode of the reincarnation of Top Gear has become the biggest show premiere on Amazon's streaming service, with new Prime membership signups during the debut exceeding all previous days (apart from Prime Day).
- "Millions of members" streamed the first episode of The Grand Tour over the opening weekend in the U.S., the U.K., Germany, Austria, and Japan.
Mon, Nov. 21, 3:01 PM
- Talks with the NBA, MLB, NFL, MLS and elsewhere involving live game rights are reported to have taken place in recent months.
- Broad and varied interest across offerings is indicated, with scouting for potential content usage from those majors mentioned above, The Walt Disney Company's ESPN (NYSE:DIS) and Univision Communications to ONE World Sports highlighted.
- Despite various complications revolving around the securing of sports rights, Amazon (AMZN +2.3%) undoubtedly has the platform and potential to make such an effort worth pursuing.
Mon, Nov. 21, 1:54 PM
- Up from the firm's 47M on-average estimate for Q3 and 40M for the year-ago period.
- As Amazon (AMZN +2.2%) doesn't issue Prime user count metrics, Cowen and Company formulates the numbers on consumer surveys it conducts.
- From the latest survey results, Prime purchases comprised 57% of total purchasers in October, a 49% increase over calculations for October 2015. Other measurements include October purchase rates of Prime members (83%) compared to non-Prime U.S. consumers (49%), grocery and consumables segment purchases estimated higher by 12% Y/Y (compared to 2% and 1% increases at Wal-Mart Stores and Target, respectively) and electronic and other general merchandise segment buys up 12% Y/Y compared to 23% Y/Y growth realized in the third quarter term.
Fri, Nov. 18, 3:46 PM
- The Information suggests HBO Now (TWX +0.7%) could soon be added to Amazon's Channels portfolio, reporting a potential three-year deal is nearing realization.
- Amazon Channels (AMZN +0.8%) presently includes streaming offerings by Showtime, Starz and others, which Prime members are able to subscribe to on individual, monthly bases. With HBO Now subscriptions available through Apple TV, Roku and elsewhere, the absence had been one of note.
- Yesterday: Amazon streaming video service possibly on verge of worldwide expansion
Fri, Nov. 18, 10:39 AM
- Fiat Chrysler Automobiles (NYSE:FCAU) and Amazon (NASDAQ:AMZN) are teaming up to sell cars online, according to Reuters. Consumers will still finalize their car purchases at a dealership.
- The initiative will start off in Italy with the Fiat 500, Fiat Panda and Fiat 500L.
- "The time has arrived to give consumers a new, more efficient and transparent way to choose a new vehicle," says Fiat's top exec in Italy.
- Though the Fiat-Amazon tie-up isn't necessarily groundbreaking, it's still another crack in the dealership model that could have implications down the road.
- Related automobile sector stocks: GM, F, TM, HMC, OTCPK:NSANY, TSLA, OTCPK:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BMWYY, TTM, TSLA, AN, KMX, SONC.
- Previously: Amazon launches automotive research portal, Amazon Vehicles (Aug. 25)
Fri, Nov. 18, 9:15 AM
- Considered potentially similar in aim to Google's (GOOG, GOOGL) TensorFlow open source library for machine learning.
- The report rounds out a week of related developments in the realm of artificial intelligence and cloud integrations from competitors Microsoft (NASDAQ:MSFT) and Google as the group overall looks to expand cloud potential even further.
- This week: Google, Intel form enterprise cloud alliance / Baird notes Google distinction among artificially-intelligent cloud contenders / Google bolstering attention on AI, cloud synergies / Microsoft ramps focus on Azure's AI role / Nvidia, Microsoft collaborating on enterprise AI / Google Cloud Machine Learning family grows with new API, editions and pricing
Thu, Nov. 17, 4:50 PM| Thu, Nov. 17, 4:50 PM | 27 Comments