e-commerce

Online Latin America commerce and payments company Mercado Libre (NASDAQ:MELI) reported second-quarter financial results after market close Thursday. Here are the highlights. What Happened: Mercado Libre reported net revenue of $5.07 billion in the second quarter, up 42% year-over-year. The revenue...

E-commerce giant Amazon.com Inc (NASDAQ:AMZN) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Amazon reported second-quarter net sales of $148 billion, up 10% year-over-year. The net sales missed a Street consensus estimate of $...

Etsy Inc (NASDAQ:ETSY) reported financial results for the second quarter after the market close on Wednesday. Here’s a look at the key metrics from the quarter. Q2 Earnings: Etsy reported second-quarter revenue of $647.8 million, beating the consensus estimate of $629.57 million,...

The U.S. Consumer Product Safety Commission (CPSC) has held e-commerce giant Amazon Inc. (NASDAQ:AMZN) accountable for recalling over 400,000 hazardous products sold on its platform. What Happened: On Tuesday, CPSC issued a decision and order against Amazon,...

Multiple analysts have weighed in on Amazon.com Inc (NASDAQ:AMZN) stock this week as the e-commerce giant’s annual Prime Day event gets rolling. The consensus view is that Amazon is positioned for further upside heading into earnings. AWS Growth: Wolfe Research analyst Shweta Khajuria...

Investor Ryan Cohen founded Chewy Inc (NYSE:CHWY) back in 2011 as a play on the growing trend of pet supplies and pet health products. New data suggests Cohen may have been early to the trend, with spending on pet supplies and pet insurance seeing a large increase. What Happened: Serving as CEO of...

Amazon.com Inc‘s (NASDAQ:AMZN) 10th annual Prime Day is set to take place on July 16-17. It spans 24 countries, with India holding its Prime event later this summer. The 48-hour event will feature millions of deals across 35-plus product categories. JPMorgan analyst Doug Anmuth projects total...

Retailer Costco Wholesale Corporation (NASDAQ:COST) announced a membership fee increase Wednesday after market close. The company's new fee increase will see members paying an additional $5 annually for its Gold Star and Business levels and an additional $10 annually for its Executive memberships....

Jumia Technologies AG – ADR (NYSE:JMIA) shares traded higher Tuesday after Benchmark analyst Fawne Jiang initiated coverage on the stock with a Buy rating and a $14 price target. The Details The Benchmark analyst saw the African e-commerce company poised to benefit from multi-year and...

Amazon.com, Inc. (NASDAQ:AMZN) has been on a bullish run, with the stock up 57.30% over the past year and 31.62% year-to-date. As the e-commerce giant gears up for its annual Prime Day event on July 16 and 17, let’s dive into the technicals to see what investors might expect. Amazon’s...

Roth MKM tapped a 20-year e-commerce expert for insights into Amazon.com Inc’s (NASDAQ:AMZN) growth trajectory ahead of the company’s 10th Prime Day event, July 16 and 17. The result: upside is expected in the second quarter. What To Know: Moth MKM analyst Rohit Kulkarni detailed...

As Amazon.com Inc (NASDAQ:AMZN) stock continues to push to new highs, Jim Cramer is calling it the “secret weapon” of the stock market. What To Know: Thursday on CNBC’s “Squawk On The Street,” Cramer made the case that Amazon stock is as important to the market as...

A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs. What Happened: As analysts look to set new price targets on market indices for the second half of the year,...

The COVID-19 pandemic accelerated a trend of customers opting for online shopping rather than retail. Amid a general stagnation of online shopping growth, one small subset of e-commerce has far outperformed the broader online marketplace. Industry Trends: The overall e-commerce industry has seen...

On Tuesday, FedEx Corporation (NYSE: FDX) surpassed Wall Street estimates with its top and bottom line fiscal fourth quarter financials.  Fiscal Fourth Quarter Highlights For the quarter ended on May 31st, FedEx reported revenue grew slightly on a YoY basis to $22.1 billion, surpassing...