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AMD spikes after Amazon makes a big bet on its new processors

“Simply put, the agreement will give some customers lower prices for their Amazon cloud services” writes Finanzen Net Gmbh for businessinsider.com. AMD was rallying on Tuesday, up 7%, after Amazon said it would use AMD’s new line of processors for its cloud business.The AMD-based instances provide additional options for customers who are looking to achieve cost savings on their Amazon EC2 compute environment for a variety of workloads, such as microservices and virtual desktops, Amazon said in a press release. Source: businessinsider.com Share This:

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Amazon Q3 Earnings Live Blog

“Last quarter, the e-commerce and cloud giant more than doubled consensus earnings estimates, although Q2 revenue fell short of earnings expectations” writes Eric Jhonsa for thestreet.com. For the third quarter, analysts are expecting EPS of $3.08 on earnings of $57.1 billion, according to FactSet.TheStreet’s tech columnist, Eric Jhonsa is live blogging the company’s earnings report and call with analysts, which is scheduled for 5:30 p.m. Source: thestreet.com Share This:

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Whole Foods’ Prime discounts let Amazon ask its most important question to customers in person

“The most obvious case is the Prime signup table, where workers ask Whole Foods customers if they’re Prime members” writes Finanzen Net Gmbh for businessinsider.com. Prime customers are by far Amazon’s most loyal, buying more stuff more often, so it makes sense that the company would want to keep customers within the Prime ecosystem and expand the number of people the service reaches. Source: businessinsider.com Share This:

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The Supreme Court Ruling on Taxes Is Actually A Positive for Amazon

“Yesterday, the Supreme Court of the United States ruled that states can force online retailers to collect state sales tax on all purchases” writes Martin Tillier for nasdaq.com. Most listed online retailers were ready for this though and are big enough to limit the negative effects.Because of that, the direct impact of the ruling will be inversely proportional to the size of the company affected.Other online retailers also took a bashing. eBay (EBAY) dropped well over four percent, and the big daddy of them all, Amazon (AMZN) gave back over…

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Kohl’s teaming up with Amazon was called a ‘deal with the devil’ – but it could turn out to be a brilliant move

“Kohl’s has to tread a very thin line partnering with Amazon,” Cooper Smith, head of Amazon research at the digital business firm L2, told Business Insider in September of 2017″ writes Finanzen Net Gmbh for businessinsider.com. When Kohl’s and Amazon announced their partnership late last year, analysts were divided on whether it was a good thing for either brand.While some analysts were optimistic, others were outright skeptical, with some headlines questioning whether Kohl’s had made a “deal with the devil.”.  Source: businessinsider.com Share This:

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Amazon 1st Quarter Earnings: What to Expect

“Amazon (AMZN) is set to report first quarter fiscal 2018 earnings results after the closing bell Thursday” writes Richard Saintvilus for nasdaq.com. This compares to the year-ago quarter when the company earned $1.48 per share on $35.71 billion in revenue.And you can bet that one of the prime topics with analysts will be the company’s Prime membership totals and the extent to which it can continue to climb. Source: nasdaq.com Share This:

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Amazon slides after Trump says he’ll take a ‘very serious look’ at policy changes related to the company

“Shares of Amazon were sliding Friday morning, down 1.66% ahead of the opening bell, after President Donald Trump unleashed another attack at the company” writes Finanzen Net Gmbh for businessinsider.com. On a trip back to Washington, DC, on Thursday evening, Trump said his administration would take a “very serious look” at policy changes related to the company. They trimmed those losses over the past week, but shares were still 3% below their March 27 close as of Thursday’s close.The company has found itself in the crosshairs of the president in…

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