For years, rumors have been building of Amazon.com's (NASDAQ: AMZN) intentions in logistics and delivery.The company has added fulfillment and logistics services to the list of competitors in its 10-K report, and has unveiled a program called Amazon Shipping, whereby the company picks up and delivers other shippers' packages. In recent earnings calls, CFO Brian Olsavsky has also begun talking more about the company's ambitions in logistics. READ MORE...

This is a part of a 10b5-1 trading plan which allows major shareholders to sell a predetermined number of shares without accusations of insider trading. This week’s sale follows the $4.1 billion in Amazon shares Bezos sold earlier this year.His fortune increased by nearly $75 billion this year.  According to Tickeron, AMZN enters an Uptrend because Momentum Indicator exceeded the 0 level on August 04, 2020 This indicator signals that AMZN's price has momentum to move higher, since its current price moved above its price 14 days ago.

Amazon.com  got price target hikes from several analysts. The coronavirus pandemic has boosted the company’s performance, as consumers stuck at home are doing their shopping online. Bank of America boosted its price target on the e-commerce company’s shares to $3,280 from $3,000.“Covid-19 and the stay-at-home response for many consumers should result in substantial revenue upside in Q2, with the company’s burgeoning grocery business likely a key driver,” Wedbush analyst Michael Pachter wrote. Pachter  further wrote, “despite our optimism on top-line performance in Q2, we need to see the profitability trends and operating leverage (if any) highlighted in Q2 results and Q3 guidance (and potentially beyond) before we adjust our EBITDA estimates for future periods”. Accoridng to Tickeron, AMZN  is in Downtrend: its price expected to drop as it breaks its higher Bollinger Band on July 09, 2020 This price move signals that AMZN may fall back below the higher band and

Jefferies boosted Amazon's price target to $3,800 from $3,100.They raised eBay's price target to $58 from $52, and Etsy’s to $125 from $110.  Analyst Brent Thill cited continued “elevated top-line growth” for e-commerce through June and into July, as pandemic-induced behavioral changes has permanently increased online consumption.

They cited what they believe is an  pandemic-driven dominance of digital sales. Citi analyst Jason Bazinet said that while his team anticipate total U.S. retail sales in 2022 to be 1% above 2019 levels ,they expect  e-commerce to increase 43% while brick-and-mortar retail to fall 4%.If that holds up, Amazon's prospect potentially gets boosted. Bazinet expects Amazon to have 43% of the domestic e-commerce market by 2022, up from 38% in 2019, and almost 7% of total U.S. retail sales by 2022, up from 4% last year. According to Tickeron, AMZN in +6.08% Uptrend, growing for three consecutive days on July 09, 2020 As a Bullish sign, keep an eye on this company's ticker for future growth.

Amazon's annual Prime Day sales event will reportedly get pushed back, due to COVID-19 concerns. The sales bonanza, which usually occurs  in July, might be delayed until October amid a possible second wave of COVID-19 cases  Citing an email to Amazon sellers, a Business Insider report suggests that Amazon has a "placeholder date" of Oct. 5 for Prime Day sales and promotions. No official announcement has been made by Amazon yet. Amazon sold an estimated $7.16 billion during Prime Day in 2019, according to Internet Retailer. According to Tickeron, AMZN enters an Uptrend because Momentum Indicator exceeded the 0 level on June 05, 2020 This indicator signals that AMZN's price has momentum to move higher, since its current price moved above its price 14 days ago.In 59 of 78 cases where AMZN's Momentum Indicator exceeded 0, its price rose further within the subsequent month.

Internet retailers offer a wide variety of products like books, apparel, and electronics.  Some companies even specialize in only one or two categories. One potentially critical factor for players to thrive in this space is the quality and speed of product delivery.The websites must be easy to navigate and engaging for customers. In addition to the revenues generated from straight sales, internet retailers can generate revenue from subscription fees and advertising.

As the e-commerce behemoth experienced solid consumer demand during the covid-19 lockdown. RBC analysts raised their share-price target to $3,300 from $2,700.RBC’s U.S. online shopping survey revealed that 64% of Amazon customers make at least two purchases per month, higher than  54% a year earlier. Baird analysts boosted their share price target  to $2,750 from $2,550.

EBay  boosted its second-quarter-earnings guidance, on surging online sales during pandemic-induced lockdown. The e-commerce company now projects second-quarter revenue to range from $2.75 billion to $2.8 billion.That is a more optimistic outlook compared with an April estimate of $2.38 billion to $2.48 billion. For the second quarter, EBay now expects non-GAAP earnings per share of $1.02 to $1.06, compared to April forecast of 73 cents to 80 cents. On full-year guidance, EBay  did not release any figures, but said it expects the full-year performance to improve from the ranges it mentioned on April 29. “Demand strength is driven by increased organic traffic, better marketing efficiency, and higher platform conversion”, the company said. EBAY in Uptrend: 50-day Moving Average crossed above 200-day Moving Average on May 28, 2020 A buy signal is indicated by this change in price, due to the trend repositioning higher.

Alibaba Group Holding Co. reported fourth quarter earnings that surpassed analysts’ expectations.The pandemic-induced lockdown seemed to boost online consumer spending. The e-commerce behemoth’s  diluted non-GAAP earnings for the three months ending in March, came in at $1.30 per share, exceeding the Street's estimate of around 86 cents per share. Revenue increased +22% year-over-year to $16.144 billion, also beating analysts' estimates of a $15.28 billion. Cloud computing revenues surged +58% to a record $1.725 billion. "The pandemic has fundamentally altered consumer behavior and enterprise operations, making digital adoption and transformation a necessity", said CEO Daniel Zhang. Meanwhile, potential risks to China shares trading on U.S. exchanges have emerged following the recently passed Holding Foreign Companies Accountable Act by U.S. Senate lawmakers.

JD.com  posted first-quarter sales that soared from the year-ago level,  although earnings declined over the same period. The online retail company’s  sales for the first quarter came in at $120.6 billion, which is +20.7% higher from the same quarter of 2019. However, net income of 10 cents an American depositary receipt, was far below the 70 cents per ADR that it earned in the first quarter of 2019. JD.com’s fulfillment expenses (which include procurement, warehousing, delivery, customer service and payment processing expenses) increased by +29% for the first quarter. JD.com experienced a surge in consumer demand even amidst the coronavirus pandemic, as inactive and infrequent customers returned to the platform, according to the company.Annual active customer accounts climbed almost + 25% year-over-year to 387.4 million as of March 31.

On Tuesday, trading on Grubhub  shares were halted for a second time on the New York Stock Exchange, following the more than +35% jump in the stock price on reports of Uber  showing interest in the company. Citing people familiar with the matter and who did not want to be named, Bloomberg reported that Uber approached the online food ordering company with an acquisition offer, and that a deal could be reached this month. Uber is closing its own food-delivery business, Uber Eats, in seven countries where the service has turned out to be unpopular, it said last week. No official comment has come from either Grubhub or Uber.

Bed Bath & Beyond   reported more than +85% surge in its April digital sales . The home goods retail chain converted about a quarter of its U.S. and Canada stores to regional fulfillment centers to support online sales. It also brought back several hundred associates from furlough. Adjusted earnings for the three months ended March 2 came in at 38 cents a share, which is  -68% lower from the year-earlier period. Digital sales for the quarter dropped -16% . Bed Bath’s stores would remain closed until at least May 16, except for its Buy Buy Baby and Harmon Face Values brands. 

Amazon.com  shares continues to get price target hikes amid Covid-19 pandemic. On Monday, Credit Suisse analysts boosted their target on the e-commerce giant’s shares to $2,800 from $2,400.   Credit Suisse analysts cited faster customer adoption on online groceries in North America, along with  purchase of essential merchandise, amid reduction in retail foot traffic across Amazon’s operating regions. Also,  Oppenheimer analysts, led by Jason Helfstein, lifted their target to $2,700 from $2,400. At Oppenheimer, analysts mentioned that they expect an upside to revenue as Amazon hired 175,000 additional workers to meet increasing demand, as well as a temporary pause of the third-party Fulfillment by Amazon business because of strain on its fulfillment network. Monday’s price target increases come on the heels of last week’s hikes when analysts set new Wall Street highs for their estimates twice - at $2,800 and then $2,900.    

Amazon shares got a skyrocketing price target hike from Goldman Sachs, on the e-commerce giant’s prospects during COVID-19 pandemic. Analysts at Goldman Sachs raised its share-price target +12% to $2,900, the highest on Wall Street.Goldman re-affirmed its buy rating. This comes close on the heels of   Jefferies setting a Wall Street high, with a target of $2,800. During the coronavirus pandemic,  consumers are relying more on online shopping, while companies are using Amazon’s cloud services to allow operations with workers at home – something that Goldman analysts have taken into consideration in setting their price target. "The market continues to underestimate the long-term value" of Amazon, Goldman analyst Heath Terry wrote in a report.

Amazon.com is reportedly putting its  delivery service business on hold . According to a Wall Street Journal report, the e-commerce behemoth will not operate its Amazon Shipping  starting in June, in order to focus on online orders amid the coronavirus outbreak. Amazon's foray into the delivery sector had apparently led to FedEx terminating its contract to deliver packages for the online retailer last August. Even with lower rates, Amazon Shipping, since its  launch two years ago, struggled to gain customers beyond its own delivery purposes, J.P. Morgan analyst Brian Ossenbeck mentioned in a note to clients.Ossenbeck arges that Amazon’s halting of its delivery business will give a bigger boost to FedEx than UPS.  

They would also demand  coronavirus testing for all employees, along with hazard compensation of double the current hourly wage for employees who come to work. Whole Worker is the national worker group organizing the sick out.The organization stated, “We cannot wait for politicians, institutions, or our own management to step in to protect us.” In recent times, Whole Foods temporarily raised worker's hourly pay by $2 an hour.

Amazon is drastically boosting hiring, to support demand amid COVID-19 outbreak.  The e-commerce giant is looking  to hire 100,000 warehouse and delivery workers in the U.S.  , to meet demand amid Coronavirus crisis. The company will also raise salaries by $2 through April.The total pay raises will be more than $350 million in additional compensation for its hourly workers in the U.S., Europe and Canada., according to Amazon. With COVID-19 propelling many people to stay indoors, there is apparently a surge in demand for online shopping.  

Alibaba Group Holding Co. reported third quarter earnings that topped analyst expectations. The e-commerce giant's diluted non-GAAP earnings for the three months ending in December came in at $2.61 per share, exceeding the Street's estimate of around $2.27 per share. Alibaba’s total revenue surged +38% year-over-year to $23.192 billion, which is higher than analysts' estimates of a $22.87 billion. The company’s cloud computing segment’s revenues climbed +62% to a record $1.5 billion.  Alibaba garnered 10 billion yuan ($1.43 billion) in sales over the first 90 seconds of Singles' Day.The shopping bonanza’s sales touched $38.379 billion in gross merchandise value as of its closing, compared to last year's 24-hour total of $30.8 billion. Furthermore, CEO Daniel Zhang  mentioned the company’s response to the coronavirus.

Chewy Inc. shares declined during pre-market trading Tuesday - after reporting wider-than-expected losses the previous day, and ahead of the expiry of early investors’  lock-up period. On Monday, the online retailer of pet food and other pet-related products reported  third quarter loss of -20 cents per share –which was wider than anticipated. However, total sales increased +40% from the same period last year to $1.23 billion.It projects adjusted operating profit margin improvement of between 4.4% and 4.6%. In June, Chewy went public, finishing its first day of trading at $34.99 per share , +59% above its IPO price.