Amazon still sees enough opportunity in China to bring Prime to Chinese markets, reports Recode.
Oct 28- The S&P 500 index and the Nasdaq were weighed down by Amazon and healthcare stocks on Friday, while Chevron lifted the Dow. Shares of Amazon.com were set for their worst day in nearly nine months, falling 4.7 percent to $780.17 after the online retailer warned heavy investments in the crucial holiday quarter would drag profits. "Right now we're seeing this...
BEIJING, Oct 28- Amazon.com Inc has launched a tailored version of its Prime service in China to tap consumer demand for overseas goods, putting the U.S. online retail firm in closer competition with local rivals Alibaba Group and JD.com. Amazon, which dominates online shopping in the United States, is a bit-part player in China, lagging far behind market leaders...
Axiom Capital Management's Victor Anthony says that it would take Jeff Bezos getting hit by a bus to rethink his buy rating on Amazon.
Amazon is gaining share in the growing e-commerce space but its stock might be getting ahead of itself, says James Cakmak, equities analyst at Monness, Crespi, Hardt & Co.
CNBC's Deidre Bosa reports details from Amazon's earnings conference call, including what CFO Brian Olsavsky had to say. CNBC's Bob Peck, SunTrust Robinson Humphrey analyst, weighs in.
Amazon CEO Jeff Bezos on Thursday discussed his vision of making space more affordable for the next generation of entrepreneurs.
The "Fast Money" traders weigh in on Amazon following the company's third-quarter earnings report.
Chinese package delivery company ZTO Express debuted on the stock market Thursday morning, opening at $18.40 a share.
Amazon, whose shares were down 6.8 percent in after-hours trading, said its net income rose to $252 million, or 52 cents per share, from $79 million, or 17 cents per share, a year earlier. Amazon forecast net sales of between $42.0 billion and $45.5 billion for the current-quarter, which includes the all-important holiday shopping season. The world's biggest online...
Aaron Kessler, Raymond James, and Michael Graham, Canaccord Genuity, share their reactions to Amazon's third-quarter earnings.
The world's biggest online retailer said its net sales rose to $32.71 billion in third quarter ended Sept. 30 from $25.36 billion a year earlier. Amazon's net income rose to $252 million, or 52 cents per share, from $79 million, or 17 cents per share, a year earlier, marking the company's sixth straight profitable quarter. Revenue from Amazon Web Services, the...
Fidelity International's Catherine Yeung talks about how Asian markets are guarded ahead of the U.S. election and how e-commerce stocks in China are interesting.
Online unit sales of Xiaomi smartphones in India hit 1 million in 18 days and are set to increase, says Hugo Barra, global VP at Xiaomi.
Jim Chanos, Kynikos Associates President and founder, explains his bear case on Alibaba.
As more online shoppers want goods from abroad, crossborder payments services are needed to facilitate such transactions, says Raymond Qu, CEO of Geoswift.
Dyn on Friday warned of a third cyberattack after earlier in the day websites and services across the East Coast were shut down.
John Rainey told CNBC investors should continue to see successive growth from PayPal due to it focusing on digital payments.
The tech giant filed a lawsuit against Mobile Star for selling counterfeit Apple chargers and cables on Amazon.
NEW YORK, Oct 21- The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit. Wells Fargo estimates that about $38 billion of these loans were taken out by retailers, bundled into commercial...