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Stock Market & Financial Investment News

News For AMZN From The Last 14 Days
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August 26, 2015
13:24 EDTAMZNAmazon to launch video service in Japan next month, Kyodo News says
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11:12 EDTAMZNNTT Communications launches Multi-Cloud Connect service
Earlier today, NTT Communications Corporation, the ICT solutions and international communications business within NTT (NTT), announced the launch of Multi-Cloud Connect - an optional feature on NTT Com's Arcstar Universal One that enables enterprises to access third party public cloud services through its high-performance MPLS network for enhanced security and improved connectivity. While enterprise adoption of cloud services continues to accelerate, most of these services are public cloud-based and accessed via the Internet. Inconsistent Internet performance is a major impediment to widespread cloud adoption, especially for MNCs with highly distributed end-users. Multi-Cloud Connect will address these performance issues by connecting the Arcstar Universal One MPLS network directly to public cloud service provider platforms, such as Microsoft (MSFT) Azure and Amazon (AMZN) Web Services, AWS.
10:12 EDTAMZNGoogle climbs after Goldman upgrade, Cantor endorsement
The shares of Google (GOOG, GOOGL) are rallying after Goldman Sachs upgraded the search giant's stock and Cantor Fitzgerald named the stock as one of the top five Internet names to buy amid the market's recent selloff. WHAT'S NEW: Google is in the early innings of a long-term margin expansion process as the search giant intensifies its focus on cost cutting, Goldman analyst Heather Bellini wrote in a note to investors today. Moreover, after conducting checks, Bellini is more upbeat on the company's ability to increase its monetization of YouTube and mobile search. The analyst, who believes that cost cutting combined with the increased monetization is starting to move the needle for the company, hiked her price target on Google's Class A stock to $800 from $660, upgraded the stock and added the shares to Goldman's Americas Conviction List. Meanwhile, Cantor Fitzgerald analyst Youssef Squali named Google as one of his top five Internet stocks to buy amid the market's recent volatility. Google is "relatively resilient," given its 91% share of the global search market as of July and its $61B of net cash as of the end of Q2, the analyst believes. Moreover, the company has virtually no exposure to China and its new corporate structure should improve its transparency, Squali believes. He kept a $720 price target and Buy rating on the stock. WHAT'S NOTABLE: The other four companies on Squali's list of top Internet stocks are Amazon (AMZN), Priceline (PCLN), Facebook (FB), and Alibaba (BABA). PRICE ACTION: In early trading, Google's Class A shares rose 4.4% to $640 and its Class C shares advanced nearly 5% to $610.
10:00 EDTAMZNOn The Fly: Analyst Upgrade Summary
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07:25 EDTAMZNCantor names top five Internet names to buy during selloff
Cantor Fitzgerald analyst Youssef Squali said he "won't attempt to call the bottom" but identified his top five Internet and Media names to buy amid the recent market volatility, all of which have dominance in their respective markets, higher than peer level growth and valuations that he views as reasonable. Squali, who noted that he views concerns over macro risks and China to be overblown, called out Google (GOOG), Amazon (AMZN), Priceline (PCLN), Facebook (FB) and Alibaba (BABA) as having an attractive risk/reward given the selloff in recent sessions. The firm has Buy ratings on all five of the stocks named above.
06:31 EDTAMZNAmazon.com upgraded to Buy on valuation, scale opportunity at Evercore ISI
Evercore ISI analyst Ken Sena upgraded Amazon.com to Buy from Hold said shares are down 12% since reporting Q2 results and 20% below his $585 price target. Sena estimates Amazon's share is still small at 14% of global eCommerce and 4% of Enterprise and continues to appreciate its scale and opportunity for market share and margin gains.
06:29 EDTAMZNAmazon warehouse employees also mistreated, Gawker reports
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06:26 EDTAMZNAmazon testing Prime restaurant delivery service in Seattle, GeekWire reports
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August 25, 2015
18:13 EDTAMZNYouTube to launch video game streaming site Wednesday, TechCrunch says
Google's (GOOG) YouTube plans to launch its "YouTube Gaming" streaming site on Wednesday, August 26, reports TechCrunch. The video game streaming site was developed after Google lost a bidding war with Amazon (AMZN) for the popular streaming site Twitch.tv, notes TechCrunch. Reference Link
14:11 EDTAMZNAnalysts say Facebook looks solid amid virtual reality, social media trends
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12:20 EDTAMZNOn The Fly: Top stock stories at midday
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10:10 EDTAMZNAmazon.com fades from earlier highs, levels to watch
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09:13 EDTAMZNTrends still positive for Google, Amazon, Facebook ahead of holidays, says Baird
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09:03 EDTAMZNAmazon says Prime Now launches in Seattle
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August 24, 2015
18:19 EDTAMZNAmazon hardware executive takes job at Google, Re/code says
Jon McCormack, CTO of Amazon's (AMZN) Devices unit, has left the company for the second time in one year to work in Google's (GOOG) Advanced Technologies and Products, or ATAP, arm, Re/code reported earlier. The report adds that one of ATAP's projects is the modular smartphone concept "Ara," which recently targeted a 2016 U.S. launch. Reference Link
18:02 EDTAMZNS&P 500 enters correction territory amid global growth concerns
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14:52 EDTAMZNAmazon.com fades, levels to watch
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10:58 EDTAMZNStocks with call strike movement; AMZN TWTR
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10:02 EDTAMZNAmazon.com levels to watch
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06:34 EDTAMZNIntel leads $100M funding round for Mirantis, WSJ reports
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