Amazon could see huge gains from its wildly popular Alexa devices as consumers become more comfortable using voice-activated technologies. Amazon could soon have a “mega-hit” on its hands if Alexa devices continue to sell rapidly among consumers, according to RBC Capital Markets analyst Mark Mahaney.
Category: Amazon
Amazon’s Voice Assistant Alexa Could Be a $10 Billion ‘Mega Hit’ by 2020
Amazon could see huge gains from its wildly popular Alexa devices as consumers become more comfortable using voice-activated technologies. Amazon could soon have a “mega-hit” on its hands if Alexa devices continue to sell rapidly among consumers, according to RBC Capital Markets analyst Mark Mahaney.
Why Tesla Can’t Live Up to This Analyst’s Expectations
An analyst has likened the electric carmaker to Amazon, Netflix and Apple. Here’s why that’s a ridiculous idea.
Amazon’s AWS Outages Could Negatively Impact Echo Initiatives
Amazon.com wants to bring its Echo devices mainstream by integrating the technology with crucial aspects of users’ daily lives including phone calls and scheduling. However, setbacks have thrown a wrench into this plan.
Google spent $30 billion on its cloud and is making some…
If there’s one question that the top brass at Google are sick of being asked it’s this: How are you going to catch up in the cloud market to Amazon and Microsoft? Google’s answer is pretty straightforward: the old-fashioned way. It plans to build out its tech, making it reliable, affordable, with just enough differentiation to attract customers.
Avangrid: Cramer’s Top Takeaways
For an “Executive Decision” segment, Cramer sat down with James Torgerson, CEO of Avangrid , the wind-power utility which just posted a three-cents-a-share earnings beat. Shares of Avangrid are up 10% for the year with a 4% dividend yield.
Modell’s Takes a Swing at Amazon With Online Presence
Modell's CEO Mitch Modell on the state of brick and mortar, the GOP's Obamacare replacement and the impact of a higher minimum wage. Are online retailers such as Amazon permanently changing the landscape of retail in America? Modell’s CEO Mitch Modell says for some consumers, the brick-and-mortar experience remains valuable.”
Amazon CEO Bezos’ Blue Origin Gets First Commercial Launch Customer
Amazon.com CEO Jeff Bezos’ space transportation company Blue Origin announced on Tuesday that it has booked its first commercial launch customer. The launch date is scheduled for 2021.
Amazon Drops Legal Fight Over Echo Recording in Arkansas Murder Case
The e-commerce giant finally handed the recording over to authorities last Friday after the defendant gave his permission for Amazon to do so. Amazon.com dropped its fight against a search warrant for it to turn over audio recorded by one of its Echo devices near an alleged murder in Arkansas after the defendant gave permission for the company to hand the recording over to law enforcement officials.
Domino’s Pizza: Cramer’s Top Takeaways
Patrick Doyle, CEO of Domino’s Pizza, tells Jim Cramer how his company is getting a bigger piece of the pie. In an “Executive Decision” segment, Cramer again spoke with Patrick Doyle, president and CEO of Domino’s Pizza , the pizza chain that delivered blowout earnings last week, including a 12.2% increase in domestic same-store sales.
Amazon Is Pulling Out All the Stops Against Apple and Google in High-Stakes Voice Assistant Wars
Although Apple and Google’s voice assistants are shipped with far more devices, Amazon’s Alexa has become a formidable rival thanks to big investments and a swelling ecosystem. As much as Amazon’s Echo home speaker/voice assistant has turned into a surprise hit and yielded a blizzard of positive media attention, the Alexa voice assistant powering Echo hardware is still in key respects at a strategic disadvantage compared to rival offerings from Alphabet /Google , Apple , and Microsoft’s .
Amazon Chief Bezos Expected to Unveil Further Private Space Exploration Plans
The burgeoning space-transportation company owned by Amazon.com chairman Jeff Bezos this week is expected to announce some customers and new initiatives, the latest step toward its long-term goal of building rockets powerful enough to penetrate deep into the solar system, according to industry officials. The moves by the typically secretive Mr. Bezos, these officials said, are anticipated to disclose further details about Blue Origin LLC’s strategy to create a family of reusable rockets initially intended to take tourists on suborbital voyages, and then propel spacecraft into Earth’s orbit and eventually blast both manned and robotic missions to the Moon and various planets.
Amazon is Pulling Out All the Stops Against Apple and Google in the Voice Assistant Wars
Echo home speaker/voice assistant has turned into a surprise hit and yielded a blizzard of positive media attention, the Alexa voice assistant powering Echo hardware is still in key respects at a strategic disadvantage relative to Alphabet /Google Google and Apple’s assistants each shipped with hundreds of millions of mobile devices last year, and Microsoft’s perhaps on close to 200 million PCs. By contrast, Echo sales were likely only in seven figures.
Snap IPO Shows Investor Appetite to Again Bet on Young Companies
If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful, young companies. While concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.
Workday: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer spoke with Aneel Bhusri, co-founder and CEO of Workday , the cloud software provider that had a rough December quarter but has since seen its shares rally to near 52-week highs. Bhusri said that after a slow October and November, business bounced back in December and January and led to record quarter for the company.
J.C. Penney and Macy’s Are Turning America’s Malls Into Ghost Towns
At the rate department store chains are shuttering locations, your neighborhood shopping mall will soon look like something out of a post-apocalyptic movie. On Friday, J.C. Penney became the latest chain to announce a strenuous round of store closures and buyouts for as many as 6,000 members of its workforce in a bid to cut costs.
In An Uncertain World, These Are The Business Trends We Can Count On
It’s never been good form to talk about politics among friends, but today it just can’t be helped. The Trump Administration is approaching governing in a radically different way, and the uncertainty that it breeds can have a paralyzing effect.
Apple’s Oscar Moment Is Coming
Amazon made history this year as the first internet company to score an Oscar nomination for Best Picture, but it could soon be overtaken by Apple. Amazon is the upstart to break into the Best Picture category at this year’s Oscars, but Apple ‘s year is coming, Loup Ventures wrote in a note released on Friday.
Live Nation: Cramer’s Top Takeaways
For his “Executive Decision” segment, Cramer checked in with Michael Rapino, president and CEO of Live Nation Entertainment , a stock that’s up 44% since Cramer last spoke with him a little more than a year ago – but also one that fell 3% in today’s session on what appeared to be solid quarterly results. Rapino said he’s very proud of this quarter’s results and of Live Nation’s record year in 2016.
Walmart profits drop 18% in 4th quarter despite strong holiday sales
Walmart, the giant retailer, said Tuesday that it had attracted more customers during the crucial holiday shopping season but that its efforts had come at a cost. Sales at U.S. stores open at least a year rose 1.8 percent during the fourth quarter, compared with a 1.3 percent increase many analysts were expecting, Walmart reported .
Walmart Surprisingly Didn’t Have an Ugly Holiday Season
Walmart shares climbed by 2.35% to $71 a share in pre-market trading Tuesday after the retail giant reported strong fourth quarter and full-year results. Fourth quarter earnings came in at $1.30 a share on revenue of $133.6 billion, Analysts had estimated earnings of $1.28 a share on sales of $131.1 billion.
Here Is the Biggest Threat to Retailers Right Now That Nobody Is Talking About
As some of the country’s biggest brick-and-mortar retailers prepare to release quarterly earnings starting Tuesday, another villain, even more menacing to them than Amazon , could wreak havoc on their sales in the months ahead. That threat? Rising gas prices .
Alibaba Deepens Retail Foray With New Chinese Supermarket Tie-Up
Alibaba Group Holding Ltd. is teaming up with Shanghai Bailian Group Co., one of China’s largest supermarket and department store chains, as Jack Ma accelerates an effort to employ technology to shake up old-fashioned retail. Alibaba’s planning to help upgrade some of Bailian’s 4,700 stores across the country, integrating everything from customer relations to payment and logistics in a manner similar to its tie-ups with other players such as electronics chain Suning Commerce Group Co.
One Gaping Hole in the GOP Tax Plan Could Be a Boon for Alibaba
An unanswered question in the GOP tax plan could give Alibaba a huge advantage over American retailers like Walmart and Amazon. An unanswered question in the GOP tax plan could give China-based Alibaba a huge advantage over American retailers like Walmart and Amazon .
Facebook Announces New TV App in Move to Become Video Destination
The social media giant is set to launch a new app in the coming months that will be available on Apple TV and Amazon’s Fire TV. Facebook announced on Tuesday that it was significantly increasing the number of ways users will be able to watch its videos, including via a new app accessible on set-top boxes such as Apple TV and Amazon Fire TV, as well as Samsung Smart TVs.
‘Let’s stipulate that Amazon’s working on something against everyone, everywhere, right now.’
Sell Cisco and Microsoft , Amazon’s got chime. It wants to own the video conferencing world.
VMware: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer spoke with Pat Gelsinger, CEO, and Sanjay Poonen, COO of Customer Operations at VMware , the virtualization software pioneer with shares that are up 15% so far in 2017 after the company announced a $1.2 billion stock buyback. Gelsinger said that VMware was one of the first companies to turn one physical CPU into 10 virtual CPUs and today, 80% of all workloads are managed virtually since software is so much more efficient and flexible.
Google’s Biggest Cloud Customer Just Signed a $1 Billion Deal With Amazon
It didn’t take long for Google’s biggest cloud customer to split its allegiances. Just a week after Snap Snap will continue to use Google Cloud for the core Snapchat functionality.
Why Amazon.com Inc. Is Investing Billions in India
India is the world’s second most populous country, its biggest democracy, and its sixth-biggest economy. And now, it appears to be the next big prize for Amazon.com When Amazon spots a market opportunity, it goes all in after it.
Why Dump Good Stocks?; Gamers, Oil and Industrials Take a Ride: Jim Cramer’s Best Blog
Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on: Click here for information on RealMoney , where you can see all the blogs, including Jim Cramer’s — and reader comments — in real time.
These Major Mall Anchors Are Getting Trumped by Amazon.com
Mall anchors Dillard’s , J.C. Penney , Nordstrom and Macy’s immediately traded higher after Donald Trump’s election win on Nov. 8. Meanwhile, Amazon.com traded lower. Between Nov. 14 and Dec. 8, these trends reversed big time.
Apple TV Could Still Be a Major Opportunity, if Apple Can Execute
The tech giant’s hiring of a new exec from Amazon comes as pay-TV streaming apps and a burgeoning smart home market spell new opportunities. The TV has long been Apple’s white whale, a giant digital content and communications platform that has captured its imagination for at least a decade, but one which it has only established a modest presence for through a line of streaming set-top boxes.
Microsoft Adds Patent Suit Protections For Cloud Customers
Microsoft Corp. will help cloud customers fend off patent lawsuits and expand coverage of related litigation costs, seeking to distinguish its services from rivals in the fast-growing market for internet-based computing. As more companies host their applications and services on Microsoft’s Azure and other cloud providers, they are increasingly becoming the target of lawsuits from companies seeking to make money by claiming patent infringement.
Apple vs. Amazon: Why Investors Have Got It Wrong
Investors are rewarding Apple, while taking Amazon to the woodshed. Here’s why it should be the other way around.
The jobs report usurps all other items in terms of market impact — Guilfoyle
“A truly American sentiment recognizes the dignity of labor and the fact that honor lies in honest toil.” — Grover Cleveland It’s “Jobs Day”, gang.
Amazon Forecast Sparks Investor Concern on Big Spending
Amazon.com Inc. projected earnings for the current quarter that indicate stepped up spending on warehouses, movies and gadgets will continue this year at the expense of profits. Operating income in the first quarter will be $250 million to $900 million, which is less than a year earlier even though revenue is forecast to increase as much as 23 percent to $35.8 billion.
Amazon Shares Drop as AWS, Revenue Guidance Miss Expectations
Amazon’s revenue increased year-over-year, but still failed to meet analysts’ expectations during the key holiday shopping quarter. Shares of Amazon were falling 3.8% to $807.41 in after-hours trading on Thursday as the e-commerce giant posted revenue for the fourth quarter of 2016 that missed Wall Street’s expectations.
Here’s Why It’s Time to Take Profits in Alphabet Now
On Monday shares of Alphabet closed down 2.5%, in contrast to the other momentum stocks TheStreet’s Jim Cramer refers to as FANG: Facebook , Amazon and Netflix . Each of these closed down by less than 1% Monday.
Wal-Mart Takes Latest Shot at Amazon
Wal-Mart Stores will offer U.S. shoppers free two-day shipping on a minimum order of $35 starting Tuesday, its latest attempt to compete with rival Amazon.com popular Prime shipping program. Free shipping will replace ‘Shipping Pass’, Wal-Mart’s existing two-day shipping program that charges shoppers an annual membership fee of $49.
Walmart’s latest bid to battle Amazon: Free two-day shipping on 2 million items, without a membership
Walmart announced Tuesday that it is now offering free two-day shipping on millions of items on its website when they’re combined into orders that total at least $35, an aggressive play to snatch e-commerce business away from Amazon.com. One of the cornerstones of Amazon’s online shopping dominance has been its Prime program, in which members pay $99 per year for two-day shipping on many purchases.