FedEx just announced deliveries 7 days a week. Amazon shoots for 30-minute drone deliveries. The Wall Street Journal reports FedEx to Deliver Packages 7 Days a Week. “Online shopping is seven days a week,” FedEx President and Chief Operating Officer Raj Subramaniam said in an interview. “So there is increasing demand from online shoppers and … Continue reading Drone Life
Amazon is leading a $575 million funding round for Deliveroo, a British based food delivery company. The company allows users to order food deliveries from nearby restaurants using an app. The company operates in over two hundred cities in the UK, Netherlands, Australia, Singapore, Hong Kong as well as other parts of Europe. Amazon UK Country … Continue reading Amazon Delves Deeper Into Food Delivery
The exciting release of industrial production and capacity utilization happened today! From the Board of Governors of the Federal Reserve System... "Industrial production fell 0.5 percent in April, and the rates of change for previous months were revised down on net. Output is now reported to have declined 1.9 percent at an annual rate in the first … Continue reading This Day in Stocks and Economy
The often quoted Warren Buffett makes his move to buy Amazon after admitting to missing out on Amazon and Alphabet last year. The news gives Amazon a nice little 3% boost today. How has Berkshire Hathaway done? All and all, better than I expected considering his big misses throughout the last 20 years. The power … Continue reading Buffett Finally Buys Amazon
PC Chip leader Intel reported last night after the close $0.89 a share on revenue of $16.1 B. Estimates were for $0.87 cents a share, revenue $16.0 B. But... they lowered guidance for the rest of the year to $4.35 per share on revenue of $69.0 B. Previous guidance was $4.60 / $71.5 B, consensus … Continue reading Intel Down Big, Amazon Flat
Amazon.com Inc. () is increasingly becoming an online marketplace, rather than a retailer. The proportion of sales made by other companies through Amazon has increased every year since 2007 and surpassed 50 percent for the first time in 2015, according to data cited Thursday by Chief Executive Officer Jeff Bezos in an annual letter to … Continue reading Amazon 3rd-Party Sellers
