Richard Williams, Groupon CEO, talks about the challenge of building the company's core business. There is a ton of room for innovation in the local space, says Williams. » Read More
Valeant, Fiat Chrysler and Amazon are making headlines this morning before the opening bell.
What's key is not the number of sales they generate on "Prime" day but new "Prime" subs that they acquire, says Mark Mahaney, RBC Capital Markets, weighing in on Amazon's second annual "Prime Day," and sharing his thoughts on whether it helps boost other online retailers.
One of the metrics of success would be the number of new prime memberships as a result of Amazon Prime Day, says Forrester Research's Sucharita Mulpuru.
In the short-term, it's hard to gauge the impact that Brexit and Fed uncertainties have on demand, says Monness, Crespi, Hardt & Co's James Cakmak.
Expect Amazon's Q2 revenues to be up 26.7 percent on-year driven by the successes of Amazon Prime and AWS, says Axiom Capital Management's Victor Anthony.
July 12- An Amazon.com Inc shopping event that the online retailer billed as its largest ever had a bumpy start on Tuesday, with some customers unable to add discounted items to their shopping carts and rival retailers aiming for a cut of the buying frenzy. The glitch, which affected Amazon's U.S. and UK websites, sparked outrage on social media with the hashtags#...
Discussing Amazon as its stock hits an all-time high and the internet retail giant celebrates its Prime Day, with Ross Gerber, Gerber Kawasaki CEO & President, and James Cakmak, Monness, Crespi, Hardt & Co Equity Analyst.
CNBC's Courtney Reagan reports on Amazon's Prime deals on its big day, and how consumer spending compares to a day like Black Friday.
NEW YORK, July 12- Amazon's long shadow is falling on retailers previously thought immune to the threat of e-commerce, forcing U.S. fund managers to rethink their approach to consumer stocks by focusing on companies whose businesses cannot be upended by the online giant. At the core of the problem: Amazon.com Inc, once thought of as a place to buy books and...
A technical issue that prevented Amazon Prime members from adding certain deals to their digital carts on Tuesday has been resolved.
John Blackledge, Cowen and Company, and Neil Doshi, Mizuho analyst, expects Amazon's Prime Day to be even better this year than last year, which has some estimating spending reached as high as $400 million on the day.
Jan Kniffen, J. Rogers Kniffen CEO, discusses how Amazon's "Prime Day" drives sales for other retailers. Everybody's going to have a big day but Amazon is going to have an enormous day, says Kniffen.
CNBC's Courtney Reagan reports expectations are high for consumers and investors as Amazon embarks on its second annual "Prime Day."
*4 months to June 30 retail sales up 30 pct. LONDON, July 12- British online fashion retailer ASOS expects to benefit from the sharp depreciation of sterling versus the U.S. dollar in the wake of the UK's decision to leave the European Union, its boss said on Tuesday. With over half of ASOS' sales generated from outside of the UK the firm is also insulated from any...
LONDON, July 12- British online fashion retailer ASOS on Tuesday forecast a full-year sales performance at the upper end of guidance after reporting a better-than-expected sales growth. UK sales rose 28 percent, while international sales increased 31 percent with sales growth acceleration across the U.S., European Union and Rest of World segments.
Amazon Prime Day on Tuesday is likely to be the company's biggest day ever, and investors pushed the stock to a record in anticipation.
The world's largest retailer competes with Amazon's sales event by dropping its minimum spending requirement for all online orders.
The "Fast Money" traders debate the trade on Amazon ahead of its Prime Day shopping event.
The "FMHR" traders debate the trade on Amazon ahead of it's annual Prime Day shopping event.
LONDON, July 7- Britain looks set for an economic slowdown and possibly a recession after voters decided to leave the European Union in a referendum on June 23. Below is a summary of some signals of the Brexit effect on Britain's economy. The online retailer said it has not seen a sales dip in Britain since the referendum and its plans for the UK had not changed.