Because they don't make cars.
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UPS CEO downplays Amazon threat and says online shopping 'is a lot more than just Amazon'UPS CEO David Abney said UPS remains the top choice for hundreds of thousands of e-retailers and that 'e-commerce is a lot more than just Amazon.' He's right, Amazon just concentrated their market with logistics.
Source: BusinessInsider - 🏆 729. / 51 Read more »
8-figure Amazon seller: Guide to become a money-making Amazon sellerLarry Lubarsky brought in $18 million in 2017 buying products in bulk and selling them on Amazon. Here are his tips for being a successful Amazon seller. MakeIt It’s the net not the gross
Source: CNBC - 🏆 12. / 72 Read more »
When Amazon threw in the towel on the New York City HQ2, it showed the rest of the world how to beat Silicon ValleyAmazon just gave its biggest critics the perfect playbook to take down the rest of Silicon Valley. NYC is saying We are CLOSED for business. I expect small business sentiment to fall as they have to bear the burden of high taxes going forward as larger companies retreat or think twice $27.5 Billion in tax is not coming. Social programs will be decimated in the next down turn.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Analyst sees Amazon stock going from a bear market to beyond its record $1 trillion valuationAmazon is 'becoming a profit machine' and the stock will reach $2,300 by the end of the year, Loop Capital Markets' Anthony Chukumba says. He is probably long on Amazon And mostly off the backs of cheap chinese labor and working Americans to death, and for what? More cheap crap no one needs!
Source: CNBC - 🏆 12. / 72 Read more »
Walmart goes all in on digital in battle with AmazonWalmart Inc.’s investments in e-commerce seem to be yielding top-line results. The next hurdle is generating a real profit. All credit to Walmart for not being crushed by Amazon despite huge structural disadvantages. amazon Walmart The answer is obvious. Surprised no one has mentioned it.
Source: MarketWatch - 🏆 3. / 97 Read more »
Amazon may be going after cloud gaming, but Microsoft has a big head startCompetition is brewing among Amazon, Google, and Microsoft in a different corner of the cloud market: gaming. Because 'gaming' is the future of work in America.
Source: CNBC - 🏆 12. / 72 Read more »
Amazon and Google are going to be in every aspect of your life whether you want them to or notAmazon and Google are going to be in every aspect of your life whether you want them to or not. That's what firewalls are for. Giant tech companies are slowly taking over commerce in the near future you can only trade if you have a credit card account and email address.
Source: CNBC - 🏆 12. / 72 Read more »
An ugly Bezos' divorce could affect Amazon, says former SEC attorney'That's not an easy check to write.' MacKenzie Bezos could claim about $65 billion in her divorce from Amazon CEO Jeff Bezos. 'We could well see Jeff selling shares in the near future to try to fund some type of settlement,' this former SEC attorney said. How convenient Another rich Democrat couldn't keep his pecker at bay. I think I'll have a beer Why not just stay married at this point. Why make the lawyers rich? Billionaire101
Source: CNBC - 🏆 12. / 72 Read more »
Netflix, Amazon on track to be the best trades of this decadeBarring a major downturn, the two stocks will end up as the best-performing assets of the decade. Since the start of 2010, Netflix has risen more than 4,000 percent while Amazon is up more than 1,100 percent. Is gold the winner next decade? Most of those are right before a huge crash They'll be down 80% in a few years 😎
Source: CNBC - 🏆 12. / 72 Read more »