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Apple May Be Giving More Cloud Business To Google, Less To Amazon
Wednesday, March 16, 2016 - 5:39pm | 252Read More...Apple Inc. (NASDAQ: AAPL) may be reducing exposure to Amazon.com, Inc. (NASDAQ: AMZN)'s Web Services for none other than Alphabet Inc (NASDAQ: GOOGL)'s Google, according to "multiple sources" reported by CRN Wednesday afternoon. The news may be notable as Google, as the CRN...
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Bernstein Cuts Amazon's Target To $770 And Asks 'Is The Pain Worth The Gain?'
Monday, February 29, 2016 - 9:59am | 324Read More...Bernstein analyst Carlos Kirjner cut the price target on Amazon.com, Inc. (NASDAQ: AMZN) shares by $30 to $770. The analyst also trimmed his 2016 and 2017 earnings estimate of the e-commerce giant due to a mix shift in the first party business that is impacting the gross margin. Amazon's Q4...
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Spotify's Latest Strategy Change Could Help Google
Wednesday, February 24, 2016 - 3:03pm | 540Read More...Google, which reports under Alphabet Inc (NASDAQ: GOOG), got a big fillip as music streaming service Spotify chose to adopt the search giant's Cloud Platform to power its backend infrastructure. This is considered as a major boost to Google's cloud platform that competes with players such...
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Netflix Migrates Its Entire IT Operations To The Cloud
Friday, February 12, 2016 - 8:46am | 413Read More...Cloud computing has become a popular way for companies to store data and run their Information Technology departments as it offers unlimited expansion possibilities. The transition from traditional servers to operating in the cloud can be a difficult one, especially for companies with extensive...
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Apple Is 1/10th Of Amazon AWS Revenue: What If It Stops Buying?
Monday, February 1, 2016 - 10:22am | 344Read More...Amid volatility, shares of Amazon.com, Inc. (NASDAQ: AMZN) have lost 13 percent since January 4. Morgan Stanley’s Brian Nowak maintained an Overweight for the company, with a price target of $800. With signs of Apple Inc. (NASDAQ: AAPL) moving away from AWS, one of the key...
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Amazon Investors Puke Shares On Top And Bottom Line Miss, But Cloud Growth Near Consensus
Thursday, January 28, 2016 - 5:29pm | 160Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported fourth-quarter results after Thursday's market close. The company reported net sales of $35.7 billion in the fourth quarter of 2015, up from $29.3 billion in the fourth quarter of 2014. Analysts were expecting a revenue figure of $35.9 billion. The...
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Amazon A Better Bet This Year Than Facebook Or Google, Bernstein Predicts
Tuesday, January 26, 2016 - 12:01pm | 530Read More...Shares of Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOG) and Amazon.com, Inc. (NASDAQ: AMZN) have been under pressure over the past month. Bernstein’s Carlos Kirjner maintained Outperform ratings for Alphabet and Amazon and a Market Perform rating for Facebook. Kirjner...
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Bob Peck Expects Top Line Growth At Amazon, But May Be Tough To Outperform Peers In Near Term
Tuesday, January 19, 2016 - 9:22am | 302Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares have surged 96.02 percent over the past year, reaching a high of $693.97 on December 29. Robert S. Peck of SunTrust Robinson Humphrey has maintained a Neutral rating and price target of $625 on the company. Peck expects the company to report robust...
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Here's How Amazon Will Take Over Half Of U.S. E-Commerce Growth
Tuesday, December 22, 2015 - 10:10am | 271Read More...Amazon.com, Inc. (NASDAQ: AMZN) shares have surged 114.12 percent year-to-date, reaching a high of $675.77 on December 16. Macquarie’s Ben Schachter has maintained an Outperform rating on the company, while raising the price target from $740 to $760. Schachter expects the company to...
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BofA Says Data Suggests Amazon Extended Lead In E-Commerce, Cloud During 2015
Thursday, December 17, 2015 - 1:06pm | 414Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) gained more than 100 percent throughout 2015. Justin Post of Bank of America maintained a Buy rating on shares with a price target boosted to $775 from a previous $740. The analyst noted the company is gaining share in e-commerce and AWS....
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Amazon Web Services: Best Growth Story Of The Decade?
Tuesday, November 3, 2015 - 12:46pm | 473Read More...Deutsche Bank predicts that Amazon.com, Inc. (NASDAQ: AMZN)'s AWS will be a major cloud infrastructure disruptor in the next decade. With AWS as the clear leader, Deutsche Bank sees Microsoft Corporation (NASDAQ: MSFT) as the other primary beneficiary from the cloud transition. The...
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Stifel Upgrades Amazon, Slaps $700 Price Target On 'Bigger, Stronger, Faster' Operations
Wednesday, July 29, 2015 - 9:32am | 391Read More...In a report published Wednesday, Stifel analyst Scott Devitt upgraded shares of Amazon.com, Inc. (NASDAQ: AMZN) to Buy from Hold with a newly introduced $700 price target as the company successfully emerged from its "extensive and extended" investment cycle which yielded a "bigger...
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JMP Securities Upgrades Amazon.com Based On 'Increased Profitability'
Wednesday, July 22, 2015 - 10:30am | 276Read More...In a report published Wednesday, JMP Securities analyst Ronald V. Josey upgraded the rating on Amazon.com, Inc. (NASDAQ: AMZN) from Market Perform to Market Outperform, with a price target of $575. Despite the 58 percent year-to-date increase in share price, the analyst believes that there still...
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Here's Why Amazon's AWS Disclosure Hurts Cisco
Friday, April 24, 2015 - 11:37am | 299Read More...In a report published Friday, JP Morgan analyst Rod Hall commented that Amazon.com, Inc. (NASDAQ: AMZN)'s disclosure of its AWS (Amazon Web Services) revenue and profitability for the first time in its first quarter print represents a risk to Cisco Systems, Inc. (NASDAQ: CSCO). Amazon...
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Pachter Lifts PT On Amazon To $435, Calls AWS Profits 'Impressive'
Friday, April 24, 2015 - 9:14am | 307Read More...In a report published Friday, Wedbush analyst Michael Pachter reiterated a Neutral rating on shares of Amazon.com, Inc. (NASDAQ: AMZN) with a price target raised to $435 from a previous $395 following the company's first quarter results in which the company proved its AWS (Amazon Web Services)...












