Warren Buffett’s Berkshire Hathaway revealed in a regulatory filing that it owned $860.6 million of Amazon shares at the end of March. The filing includes investments by Buffett and his portfolio managers Todd Combs and Ted Weschler. While it doesn’t reveal who bought and sold...
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. CNBC reported that the analysts lifted Amazon’s price target and they also raised their allocation recommendations to overweight. The price...
The confident consumer is a sector of the shopping industry that most merchants are likely hoping to increase spending and attitudes about the market. In today’s topsy-turvy arena, while retail undergoes its digital transformation, whether or not the confident consumer thrives is lingering on retailers’...
When one gets on a hot streak like the one Amazon has been on for the last several weeks, it can be hard to remember baseball great Connie Mack’s sage advice: You can’t win them all. Because no matter how big, smart or powerful a...
July 28, 2017
When one gets on a hot streak like the one Amazon has been on for the last several weeks, it can be hard to remember baseball great Connie Mack’s sage advice: You can’t win them all. Because no matter how big, smart or powerful a merchant happens to be, there is simply no such thing […]
May 01, 2020
While Amazon earnings announcements over the years have become somewhat well known for their “expect the unexpected” atmosphere, yesterday’s earnings surprise was a big one. A very big one — something Amazon clearly knew beforehand, since it prefaced the news in the quarterly earnings announcement thusly: “If you’re a shareowner in Amazon, you may want to […]
May 16, 2019
Warren Buffett’s Berkshire Hathaway revealed in a regulatory filing that it owned $860.6 million of Amazon shares at the end of March. The filing includes investments by Buffett and his...
March 15, 2019
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. CNBC reported that the analysts...
July 17, 2017
Amazon is facing calls from a U.S. lawmaker for Congressional hearings on its $13.7 billion bid for grocery store chain Whole Foods Market. According to a report in Bloomberg News,...
