It’s official. Amazon has set a record as the second U.S. company to surpass $1 trillion in market capitalization — Apple hit that milestone a few weeks ago on the heels of a strong quarter. The milestone was brief, with shares falling back down under...
Forget Apple and its $1 trillion market capitalization. The way MKM Partners sees it, Amazon.com could hit $2.5 trillion in market cap by 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue for Amazon. Get the Full Story Complete the form to unlock this article and enjoy...
Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple could potentially pull off an upset. The tech company’s stock rose up to 4 percent following better-than-expected revenue projections for the fourth quarter,...
April 27, 2018
There are good earnings days, there are great earnings days and there are astonishing earnings days. Amazon’s earnings day yesterday floated someplace between great and astonishing – and the market took note. As soon as the news broke, Amazon’s share price jumped 7 percent in afterhours trading and continued to climb from there. Get the Full Story Complete the […]
September 10, 2018
Amazon’s Prime subscription business is expected to more than double in the next 10 years, hitting 275 million subscribers in the U.S. alone, according to estimates by Citigroup. 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 […]
September 04, 2018
It’s official. Amazon has set a record as the second U.S. company to surpass $1 trillion in market capitalization — Apple hit that milestone a few weeks ago on the...
August 23, 2018
Forget Apple and its $1 trillion market capitalization. The way MKM Partners sees it, Amazon.com could hit $2.5 trillion in market cap by 2024. Get the Full Story Complete the...
August 13, 2018
Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue...
