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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:15 EDTAMZN, GOOGGoogle may have invested up to $500M to expand Shopping Express, Re/code says
Google may have set aside up to $500M to expand its Shopping Express service worldwide, reports Re/code, citing a source familiar with the company's plans. Google declined to comment on the size of the investment, but its head of Google Shopping Express said that the company is "putting a lot of money into this and we’re excited and willing to sustain that investment over time as this gets going." Reference Link
News For GOOG;AMZN From The Last 14 Days
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July 14, 2015
09:45 EDTAMZNRackspace preparing deal with Amazon Web Services, CRN reports
In addition to its deal announced yesterday with Microsoft (MSFT) Azure, Rackspace is preparing an alliance with Amazon (AMZN) Web Services, CRN reported last night, citing a source. Reference Link
09:35 EDTAMZNActive equity options trading on open
Active equity options trading on open: AAPL FB BAC T AMZN BABA INTC JPM LVS AAL CHK MSFT
09:06 EDTGOOGMerkle announces deal with Google to adopt DoubleClick's marketing solutions
Merkle, a data-driven, technology-enabled performance marketing agency, has reached an agreement with Google to adopt the full suite of DoubleClick’s marketing solutions. As part of the agreement, Merkle will be one of the first agencies to use DoubleClick’s cross-device measurement, which was unveiled by Google at the June 17 DoubleClick Leadership Summit.
08:00 EDTAMZNAmazon, GoPro advance after analysts up ratings to buy
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07:46 EDTAMZNAmazon.com July weekly volatility elevated into Q2 and outlook
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07:20 EDTAMZNAmazon.Q2, Q3 operating income can beat expectations, says Wells Fargo
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06:20 EDTGOOGQualcomm to work with Google-backed Thread Group, Re/code reports
Qualcomm (QCOM) said it is working with Thread Group, a Google (GOOG) backed effort to find ways for internet connected devices to communicate with one another, Re/code reports. Reference Link
06:15 EDTGOOGGoogle seeks ways to operate more efficiently, WSJ reports
Google is slowing down hiring and seeking ways to run more efficiently, the Wall Street Journal reports, citing sources familiar with the matter. New CFO Ruth Porat has been active in the company's cost-cutting measures, the report says, having started an internal audit examining costs, revenue, and accounting systems. Google is expected to offer an expenses update on Thursday when it reports its second quarter financial results, the report says. Reference Link
05:54 EDTAMZNAmazon.com upgraded to Buy from Neutral at UBS
UBS analyst Eric Sheridan upgraded Amazon.com to Buy from Neutral citing the growth of the company's Prime subscriber base. In a research note titled "Completing The Checkout," Sheridan says the "fast growing and higher spending" Prime subscriber base has raised the significance of Prime eligible items, driving greater penetration of the Fulfillment by Amazon business. This will result in increased annual spend per customer and ultimately higher levels of gross merchandise value for Amazon, the analyst writes. He raised his price target for the online retailing giant to $550 from $450. Amazon shares closed Monday up $12.06 to 455.57.
July 13, 2015
19:46 EDTGOOGYouTube CEO 'absolutely' open to acquisitions, Fortune says
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18:38 EDTGOOGYouTube CEO says music service relaunching 'later this year,' BI reports
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17:11 EDTAMZNAmazon Web Services announces largest renewable energy project to date
Amazon Web Services, an Amazon.com company, announced that it has contracted with Iberdrola Renewables, LLC to construct and operate a 208 megawatt wind farm in Perquimans and Pasquotank counties, North Carolina, called the Amazon Wind Farm US East. This new wind farm is expected to start generating approximately 670,000 megawatt hours of wind energy annually starting December 2016, or enough to power more than 61,000 US homes in a year. When completed, it will be the first utility-scale wind farm in the state of North Carolina, with the energy generated delivered into the electrical grid that supplies both current and future AWS Cloud data centers.
16:54 EDTAMZNWal-Mart e-commerce chief announces 'awesome deals' without 'admission fees'
In a Wal-Mart (WMT) blog post published Monday, Walmart.com president and CEO Fernando Madeira wrote that the company is "kicking off some awesome deals this week that will be available for everybody with no hidden costs or admission fees, and they won’t be available for just one day. Our customers will see thousands of great deals on Rollback beginning this week along with some special atomic deals... In addition, we’re rolling back our free shipping minimum order to $35 from $50." Note that Amazon's (AMZN) "Prime Day" shopping holiday is set to take place on July 15, though consumers will need a Prime membership to gain access to those deals. Reference Link
16:00 EDTAMZNOptions Update; July 13, 2015
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10:25 EDTGOOGGoogle to unveil interactive watch faces next Android Wear, Phandroid says
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08:47 EDTGOOGGoogle margins to stabilize in second half, says JPMorgan
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08:38 EDTGOOGGoogle downgraded to Hold from Buy at Pivotal Research
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07:33 EDTAMZNWal-Mart sale to rival Amazon's Prime Day, USA Today reports
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07:28 EDTGOOGGoogle July volatility elevated into Q2 and outlook
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06:54 EDTGOOGGoogle expected to invest $100M in Crowdstrike, Business Insider reports
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