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Echo Beats On Revenue And Earnings In "Challenging Freight Market"
Thursday, February 6, 2020 - 12:23pm | 491Detailing its financial and operating results for the fourth quarter of 2019 on Wednesday after the close, Echo Global Logistics (NASDAQ: ECHO) reported non-GAAP earnings per share of 26 cents, beating the Street's estimate of 16 cents; Echo's revenue of $531.7 million beat estimates of $522...
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Survey: Smart Speakers Quickly Becoming Ubiquitous In American Households
Wednesday, February 6, 2019 - 10:39am | 503Smart speakers have become integral to U.S. households in a big way. The adoption rate of the devices increased from 21.5 percent in 2017 to 41 percent in 2018, TechCrunch reported, citing RBC Capital Markets. Smart speakers had a great holiday quarter, according to new research by Consumer...
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Wedbush's 7 Reasons To Like Alphabet
Thursday, October 18, 2018 - 11:57am | 517The bullish case for Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is based on seven factors, according to Wedbush. The Analyst Wedbush's Michael Pachter initiated coverage of Alphabet with an Outperform rating and $1,350 price target. The Thesis Pachter highlighted the seven positive...
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Amazon Sales Growth Vs. Stagnant Profits, In One Chart
Friday, February 2, 2018 - 2:44pm | 339Amazon.com, Inc. (NASDAQ: AMZN)'s focus on long-term growth has been a signature trademark of its founder and CEO Jeff Bezos. In fact, Bezos' desire to achieve growth at the expense of profits and margins is now showing signs of success. What You Need To Know Amazon reported its fourth...
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Gene Munster: Apple's HomePod Set To Be Long-Term Winner Among Home Assistants
Saturday, August 26, 2017 - 4:04pm | 634If you’re having trouble deciding between Amazon.com, Inc. (NASDAQ: AMZN)’s Echo and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)’s Home, let Gene Munster make his case for a different option altogether. Open an Ally Invest account and trade for as low as $3.95 per transaction....
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Home Prime: How Alexa Catapults Amazon Into The Pinnacle Of The Smart Home Market
Sunday, July 16, 2017 - 1:17pm | 1161Amazon.com, Inc. (NASDAQ: AMZN) has always been a versatile company, be it innovating new ideas and concepts or being open to adopting successful models and ventures. So, news of the online retail behemoth aping one of the tried-and-tested successful formulae of electronics retailer Best Buy Co Inc...
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Is Alibaba A Potent Threat In Smart Speaker Market?
Tuesday, July 11, 2017 - 3:28pm | 653The smart speaker market is getting crowded, with the latest entrant being Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA), promoted by Jack Ma. Utility Value Of Smart Speakers Smart speakers are wireless, smart devices that use Wi-Fi, Bluetooth and other standards to complete...
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Happy 10th Birthday, iPhone. Now What?
Thursday, June 29, 2017 - 10:45am | 333Apple Inc. (NASDAQ: AAPL) released the first iPhone on this day back in 2007 and the 10-year anniversary is a very significant milestone, according to Cyrus Mewawalla, managing director at CM Research. But now that the decade anniversary is in the books, it's time to start looking forward. The...
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Amazon Prime Day 2017 Preview: Shares Could Outperform When Date Is Announced
Wednesday, June 28, 2017 - 4:31pm | 344Amazon.com, Inc. (NASDAQ: AMZN) is expected to continue its annual tradition of offering consumers a Prime Day special after two years of tremendous success, Deutsche Bank's Lloyd Walmsley stated in a research report. While this is welcome news to Amazon's loyal customers, investors also have...
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Amazon Names The 20 Best Books Of 2017; Did Your Favorite Make The List?
Saturday, June 24, 2017 - 4:07pm | 712Attention book worms, Amazon.com, Inc. (NASDAQ: AMZN) released its selections for "Best Books of the Year So Far." At its core, Amazon is still a book seller, even though it also sells cloud services, a artificial assistance personal assistant device and, soon enough, groceries. "We...
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How Amazon, Google's In-Home AI Success Forecast A Bright Future For Apple
Tuesday, June 20, 2017 - 4:10pm | 592Apple Inc. (NYSE: AAPL) has entered the in-home artificial intelligence world with a big splash. At the annual Worldwide Developers Conference on June 5, Apple announced a blueprint for its HomePod. The latest device from the tech empire will offer the most enhanced form of Siri — designed...
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Apple's HomePod, J. Crew's Ex-CEO 'Help Define What's Working And Not Working' In This Market
Sunday, June 11, 2017 - 9:19am | 495Apple Inc. (NASDAQ: AAPL) unveiled its new speaker called HomePod and retailer J. Crew Group announced that Millard Drexler will step down as CEO. Each story by itself is notable as Apple is looking to take directly competing against Amazon.com, Inc. (NASDAQ: AMZN)'s Echo device while...
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How Does The Price Of Apple's New HomePod Compare To Its Peers?
Wednesday, June 7, 2017 - 7:07am | 445Apple Inc. (NASDAQ: AAPL) is looking to make major entrance into the "infotainment" space with its HomePod device, which is one part wireless speaker and one part virtual assistant. CNBC's Jim Cramer thinks consumers who are in the market for a high end device will have no problem...
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An Amazon/DISH Partnership Wouldn't Be That Crazy
Tuesday, May 23, 2017 - 9:33am | 486Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in talks with DISH Network Corp (NASDAQ: DISH) to become a “foundational customer” for the satellite provider’s upcoming Internet of Things (IoT) network ━ so what’s the big deal? “The idea of Amazon partnering with DISH...
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Munster Asks, 'Can Anyone Catch Alexa?'
Monday, April 17, 2017 - 10:32am | 412Gene Munster, the notable Wall Street analyst turned venture capitalist, discussed in a blog post Amazon.com, Inc. (NASDAQ: AMZN)'s Alexa and its dominance in the digital assistance space. Munster, a co-founder of Loup Ventures, argued that Amazon's strategy of including third-party developers in...