Mon, Nov. 14, 2:20 PM
- Following initial availability of the service in the U.S. last month.
- Amazon (AMZN -2.6%) notes it's "been thrilled with customer reaction to the launch of Amazon Music Unlimited in the U.S." and is "excited to quickly bring the service to customers in the UK."
- Priced at £7.99 per month or £79 per year for Prime members and £9.99 for non-Prime members. A £3.99 per month Echo-exclusive subscription is also available.
- While extension into the UK marks the first disclosed region outside of the U.S., launches in Germany and Austria are reportedly expected today as well.
- Previously (October 11): Amazon introduces Amazon Music Unlimited streaming service
- Related: (October 19): Amazon signs first exclusive music streaming deal with Garth Brooks, sponsoring world tour
- Amazon Music Unlimited [UK]
Mon, Nov. 14, 9:04 AM
- Coming to Indianapolis, Las Vegas, San Antonio, Ann Arbor, Cleveland, Milwaukee, Boulder, Raleigh and 18 other regions, broadening coverage to a total of 50 metro areas across the country.
- Amazon (NASDAQ:AMZN) notes a 1,500% increase in service providers has been realized since launching the offering last year.
- Highlights the upcoming holiday season on the near-term in the disclosure, though an emphasis on merging robust digital capacity with physical aspects continues to remain on display as part of more longer-term strategy.
Fri, Nov. 11, 1:57 AM
- Saying it was too easy to spend their parent's money, Seattle District Judge John Coughenour has set up a year-long process to reimburse customers whose children made Amazon (NASDAQ:AMZN) in-app purchases without permission, but rejected an FTC request for a $26.5M lump-sum payout.
- The agency already settled similar cases against Apple and Google. All three companies now require a password for in-app purchases or an opt-in to enable purchases without a code.
Thu, Nov. 10, 3:48 PM
- Earlier: Downdraft hits tech post-election
- Analyst John Blackledge considers Amazon's fundamentals strong and highlights accelerating growth in Prime membership and units sold, solid position in e-commerce domestically and overseas, a fulfillment center development ramp attributable to high demand and strength at AWS.
- Remains "super bullish on Amazon" and considers the present movement "just a blip in the road." Amazon (NASDAQ:AMZN) shares are down 2.6% on a 5-day term and 11% overall on the month.
Thu, Nov. 10, 2:10 PM
- The man who not long ago offered Donald Trump a one-way ticket into outer space earlier today tweeted out his congratulations to the president-elect, pledging an "open mind" and wishing him "great success."
- Candidate Trump, of course, promised to bring down plenty of trouble on the Amazon (NASDAQ:AMZN) CEO (and Washington Post owner). Amid a major stock market rally since the election, Amazon is down more than 5%.
Thu, Nov. 10, 12:57 PM
- As major U.S.-based companies Apple (AAPL -2.6%), Amazon (AMZN -4.8%), Facebook (FB -2.4%), Alphabet (GOOG, GOOGL), Microsoft (MSFT -2.6%) and Netflix (NFLX -5.9%) trade substantially and uniformly off on the day in stark comparison to rallies ongoing in other sectors, observations on root causes vary.
- Theories involve uncertain anticipated adjustments to foreign trade policies, possible domestic regulation modifications, run-ups in the sector prior to Election Day sparking a resulting sell-off, natural portfolio restructuring and campaign rhetoric that is unclear at this point how material it may eventually prove to become.
- The sector remains on close watch until volatility and heavy movement into the red on a near-term basis subsides and implications of a transitioning U.S. government become more clear.
Wed, Nov. 9, 10:09 AM
- U.S. president-elect Trump has in the past brought up Amazon (NASDAQ:AMZN) CEO Jeff Bezos' ownership, through Nash Holdings LLC, of The Washington Post.
- Trump earlier in the year: "Every hour we’re getting calls from reporters from The Washington Post asking ridiculous questions and I will tell you, this is owned as a toy by Jeff Bezos, who controls Amazon. Amazon is getting away with murder tax-wise. He’s using the Washington Post for power so that the politicians in Washington don’t tax Amazon like they should be taxed." Further: "Amazon is controlling so much of what they’re doing, and what they’ve done is he bought this paper for practically nothing and he’s using that as a tool for political power against me and against people and I’ll tell you what, we can’t let him get away with it."
- Though clear action on taxes and related matters is yet to be set forth, and whether the oratory eventually proves material or not, a focus on tax reform and adjustments has been highlighted.
- Despite the early move downward, Amazon's nonetheless relatively unmoved on the week (0.20%) and remains lower by over 8% on the month.
- N.B. Across the technology sector, other major companies including Apple, Microsoft, Alphabet, Facebook, IBM and others are moderately impacted on the day to levels 1%-2% beneath yesterday's close.
Mon, Nov. 7, 2:46 PM
- Marking a funding total of $1.08B and valuing the startup within a $3.5B-$5B range.
- Temasek Holdings, a sovereign wealth fund of the Government of Singapore, is considered to have led the new round.
- Wish (WISHOP), often discussed in relation to Amazon (NASDAQ:AMZN), Alibaba (NYSE:BABA) and other e-commerce operations, has in the past been rumored a potential buyout candidate, though for the time being appears to maintain focus on conducting an independent mission.
Thu, Nov. 3, 8:24 AM
Thu, Nov. 3, 7:52 AM
- October monthly performance was: -0.83%
- 52-week performance vs. the S&P 500 is: 0%
- No dividends were paid in October
- Top 10 Holdings as of 9/30/2016: Apple Inc (AAPL): 6.67009%, Microsoft Corp (MSFT): 4.87637%, Exxon Mobil Corp (XOM): 3.94908%, General Electric Co (GE): 2.95355%, AT&T Inc (T): 2.72255%, Procter & Gamble Co (PG): 2.62116%, Amazon.com Inc (AMZN): 2.34306%, Verizon Communications Inc (VZ): 2.29657%, Wells Fargo & Co (WFC): 2.18848%, Facebook Inc A (FB): 2.12836%
Wed, Nov. 2, 2:36 PM
- Through a potential Q1 2017 launch in Singapore and rumored consideration of a bid for Dubai's Souq.com.
- While details on either development remains scarce, Amazon's expanded (NASDAQ:AMZN) services in China, India and elsewhere in recent months. Heightened attention on other international regions, consequently, wouldn't appear too off-pattern.
Mon, Oct. 31, 7:30 PM
- In Ohio, the second facility of the type in the state. Will mark fifth overall renewable energy project Amazon (NASDAQ:AMZN) counts in the country (and globally).
- Projected to generate over 530K MWh of energy per year and go operational December 2017. Constructed in partnership with EverPower.
- Earlier: Amazon, Alphabet, Microsoft combine for 12% year-term capital expenditure increase amid intensifying cloud race
- Previously (September 15): Amazon plans to build 253-megawatt Texas wind farm
- Amazon Wind Farm US Central
- AWS & Sustainability
Mon, Oct. 31, 3:46 PM
- The three registered an approximate $30B total in expenditures and leases for the September-ended period.
- Although an exact breakdown of cloud segment expenses (and revenue for some) isn't issued, it appears reasonable that as demand for cloud computing increases, so do related capital investments among the major hyperscale providers.
- In most recent respective quarterly reports, Amazon (NASDAQ:AMZN) derived 55% higher revenue on a 12-month basis from its Amazon Web Services segment, Microsoft's (NASDAQ:MSFT) Azure revenue came in 116% greater and despite Alphabet (GOOG, GOOGL) not supplying figures on the segment, CFO Ruth Porat on the company's conference call noted Google Cloud platform growth bested all revenue lines across all segments in terms of Y/Y growth.
- Cloud computing continues to represent a major focus and opportunity for these names and others. As disparity between offerings in the space increasingly diminishes, infrastructure and other capital spending measures will increase accordingly as each looks to secure and maintain top positioning.
Sun, Oct. 30, 9:08 PM
- LeEco plans to list shares in the U.S. in 2019 as it stays on an aggressive track to grow globally, according to South China Morning Post.
- The consumer electronics giant, which acquired Vizio earlier this year for $2B, sells smartphones, TVs and tablets, all tied to its video-streaming platform, under a developing ecosystem.
- It's a bold move by the Chinese company to attempt to capture significant market share in the competitive U.S. market against Apple and Amazon (NASDAQ:AMZN), although there are reports that it's in talks with Netflix (NASDAQ:NFLX) for a content partnership.
- LeEco is also working with Faraday Futures on electric vehicle R&D. The company showed off its EV concept LeSee model earlier this year and has thrown out some very ambitious long-term production targets. Despite the buzz, there's still quite a bit of work to be done before it can be considered a legitimate challenger to Tesla (NASDAQ:TSLA), Nissan (OTCPK:NSANY), General Motors (NYSE:GM) and other EV players.
Fri, Oct. 28, 3:35 PM
- Where it will compete for market share alongside Alibaba (NYSE:BABA), JD.com (NASDAQ:JD) and others.
- Prime membership in the country to cost 388 yuan per year (presently around $57), below the $99 level in the U.S where the service registers over 65M subscribers. Limitations, however, are noted, with access to video and music streaming not included.
- The development comes amid Amazon's (NASDAQ:AMZN) 5% post-earnings fall as observers weigh the company's continued growth against increased investment spending.
- In July – Amazon Prime introduced in India
- In June – Amazon prepares mega investment in India
Fri, Oct. 28, 11:27 AM
- Yesterday – Amazon -6% on major Q3 EPS shortfall [updated]
- Despite the trade-down reaction to Amazon's Q3 miss on the bottom line, analysts at J.P. Morgan (target $975 from $1,000), Oppenheimer & Co. ($900), Jefferies ($950) and UBS ($900) maintain assorted Overweight, Outperform, and Buy ratings. Higher investment expenses are cited across the group, however, so are momentum and growth.
- Amazon (NASDAQ:AMZN) lower by 4.5% to $781.70.
- Earlier – Amazon: Susquehanna out with a Street high $1,250 target