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Amazon Confirms It Won The Battle To Acquire Souq.com
Tuesday, March 28, 2017 - 8:15am | 358Read More...Online retailer giant Amazon.com, Inc. (NASDAQ: AMZN) confirmed early Tuesday morning its expansion into the Middle East through an acquisition of Souq.com, a Dubai-based e-commerce leader. A Bloomberg report noted that Amazon was bidding against Emaar Malls PJSC, the operator of the world's...
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Activision's 'Overwatch' Profitability Is Underappreciated, Says Pacific Crest
Friday, June 24, 2016 - 8:54am | 282Read More...Following the early success of "Overwatch," after its May 24 launch, Pacific Crest’s Evan Wilson believes the consensus EPS expectations for Activision Blizzard, Inc. (NASDAQ: ATVI) for Q2 are conservative. Wilson maintains an Overweight rating on the company, with a price target of $43....
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Dan Kurnos On Amazon's Video Direct: Don't Hold Your Breath For YouTube-Lite
Tuesday, May 10, 2016 - 4:24pm | 427Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s new video platform would fall at the long-end spectrum of long-term catalysts, Daniel Kurnos of Benchmark told Benzinga. Shares of Amazon rose more than 3 percent after the online retail giant unveiled a new platform, Video Direct, which enables people to...
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Home Shopping Stocks Fall Amid Speculation Of Amazon Fire's Entrance Into E-Commerce
Thursday, October 29, 2015 - 2:11pm | 414Read More...GeekWire reported that Amazon.com, Inc. (NASDAQ: AMZN) has "quietly" rolled out an e-commerce functionality on its Fire TV devices, which may lead to a full scale shopping channel. The report added that a "source with knowledge of the situation" confirmed the experiment has been performing above...
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Amazon Expected To Lose $0.74/Share In Q3: What Else Do Investors Need To Look Out For?
Thursday, October 23, 2014 - 2:10pm | 437Read More...Amazon.com, Inc. (NASDAQ: AMZN) is scheduled to report its third quarter results after market close on Thursday. The consensus estimate is calling for Amazon to report a loss of $0.74 per share on $20.84 billion of revenue. Investors will focus closely on Amazon's results following Alibaba...
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Weekly Highlights: iPhone 6 Event Confirmed, Image Leaks, Pricing Speculation And More
Saturday, August 30, 2014 - 11:12am | 148Read More...Apple (NASDAQ: AAPL) dominated the headlines this week as rumors, leaks and other tidbits escalated ahead of the company's next big event. By the way: That event was finally confirmed. Amazon (NASDAQ: AMZN) had a big announcement to make as well, though it didn't have anything to do...
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5 Little Known Things About The Twitch-Amazon Deal
Thursday, August 28, 2014 - 9:27am | 757Read More...Amazon's (NASDAQ: AMZN) recent purchase of Twitch should not be taken lightly. The online retail giant acquired the live streaming video platform for $970 million. The surprising deal might appear pretty straightforward, but there are five key things not everyone knows about it. 1. Twitch...
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Can Amazon Rise To Google's Level?
Wednesday, August 27, 2014 - 12:02pm | 518Read More...Amazon (NASDAQ: AMZN) is reportedly planning to take on Google's (NASDAQ: GOOG) advertising business. This rumor begs one key question: Is this a battle Amazon can realistically win? "I wouldn't bet against Amazon on anything," Dan Sahar, co-founder and VP of Product...
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5 Things You Need To Know About Twitch's Sale To Amazon
Wednesday, August 27, 2014 - 10:58am | 864Read More...Amazon (NASDAQ: AMZN) officially announced that it had acquired Twitch for $970 million this week. The deal came weeks after reports indicated that Google (NASDAQ: GOOG) (NASDAQ: GOOGL) would acquire the firm. "I think it's a great move by Amazon," Dan Sahar, co-founder and VP of Product...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139Read More...U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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Rumor Mill: Amazon, Not Google, To Buy Twitch For $1 Billion
Monday, August 25, 2014 - 2:05pm | 167Read More...(UPDATE: Amazon has confirmed the purchase of Twitch. The purchase price is around $970 million in cash.) Amazon.com (NASDAQ: AMZN) is reportedly on the verge of acquiring the privately held video game streaming service called Twitch for $1 billion. A deal "could be announced shortly," according...
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Why WWE Network's Free Trial Isn't Necessarily A Bad Thing
Friday, July 11, 2014 - 3:22pm | 657Read More...WWE Network (NYSE: WWE) has lost some of its luster after the highs of WrestleMania XXX. When the event debuted in April, WWE Network became the number-two live streaming site in the United States. As of April 7, the service had garnered 17.7 percent of all live streaming traffic (by volume)....
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Google Reportedly About To Seal Deal To Acquire Twitch For $1 Billion
Monday, May 19, 2014 - 10:55am | 626Read More...According to sources who spoke with the The Verge Sunday, video game streaming startup Twitch was set to be acquired by Google (NASDAQ: GOOG)(NASDAQ: GOOGL) for $1 billion following multiple offers that included Microsoft (NASDAQ: MSFT) and others. For Google, Twitch would represent a big add...
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#PreMarket Primer: Monday, May 19: DirecTV Rises On Offer From AT&T; AstraZeneca Rejects Pfizer Bid
Monday, May 19, 2014 - 7:04am | 1137Read More...AT&T Inc. announced a deal to acquire DirecTV for $49 billion over the weekend, as the firm attempts to adapt to a quickly changing media landscape. Both businesses’ boards approved the agreement on Sunday, creating a company with 26 million pay-TV subscribers. The deal comes shortly after...
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WWE Network Becomes #2 Live Streaming Site In U.S.
Friday, April 25, 2014 - 12:23pm | 566Read More...WWE Network (NYSE: WWE) is quickly becoming one of the hottest properties in streaming video. According to Dan Sahar, co-founder and VP of Product Marketing at Qwilt, WWE Network has quickly become the #2 live streaming site in the United States. As of April 7, the service had garnered an...














