The reaction to Amazon’s phenomenal Q2 2016 earnings was confounding. The stock price for the online retail and cloud services colossus barely moved in response to numbers that easily surpassed analysts’ expectations and showed net profitability for the fifth straight quarter. A confident Jeff Bozos...
Earnings season often brings with it an interesting variety of outcomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Amazon‘s shares were surging in after-hours action on Thursday (July 28) after the company reported second quarter results that were higher than Wall Street expectations. It was the fifth straight quarter in which Amazon posted a profit. Get the Full Story Complete the form to...
Paying a mortgage is the stereotypically frustrating and demoralizing part of homeownership. All that money down the drain each month can seem like a waste, especially if you don’t love the house, but at least Amazon and Capital One are making mortgage payments a little...
At first glance, it’s not a terrible decision to style your new eCommerce venture as the first true “Amazon killer.” At the very least, the epithet gave Jet.com a few weeks’ worth of positive coverage when it launched back in July 2015 with plenty of fanfare...
Amazon.com announced Thursday (July 21) that it is getting into the student loan market. The eCommerce giant is teaming up with Wells Fargo to give student loan borrowers a break on their loans. Get the Full Story Complete the form to unlock this article and...
Amazon knows better than any retailer that sometimes a groundbreaking idea just needs to get its feet under itself before really taking off. It looks like that was the steady hand behind Prime Day’s start back in 2015 – and its phenomenal sophomore showing in...
Today is Prime Day. That’s a fact that is probably impossible to miss given the advertising blitz and the massive run of retailers celebrating the mid-summer shopping holiday that Amazon invented. In celebration of the one-day shopping season we’re taking a look at Amazon Prime...
In 2015, Amazon had the entire retail landscape to itself when it held its Prime Day retail holiday in the middle of July. This time around, Amazon’s biggest competitors aren’t just aware of their intentions; they’re doing what they can to run interference, too. Get...