As Black Friday video footage at retailers continues to embarrass humanity, more people have opted to shop online. That has meant only good things for Internet stocks like Amazon (AMZN), Facebook (FB), Google parent Alphabet (GOOGL) and Alibaba (BABA), all of which have grown into multibillion-dollar giants. But despite their size, all of them still have potential for growth, and that’s why they’re the focus of the Screen of the Day, Big Cap
Cyber Monday online sales just set a record with $3.07 billion in spending across the U.S., up 16% from last year, according to the Adobe Index, as Amazon (AMZN) leverages its e-commerce dominance. But Thanksgiving weekend sales apparently flopped at brick-and-mortar retailers. Apple (AAPL) iPad and iPhone doorbusters were hits for Target (TGT) and others, while Wal-Mart Stores (WMT) announced booming mobile sales. But retail analytics provider
Amazon.com (AMZN) is in a better position than its competitors to capitalize on last-minute Christmas shoppers, says ITG analyst Steve Weinstein. The e-tail leader’s Amazon Prime loyalty program carries free two-day and low-cost same-day shipping perks — and this year with the launch of Prime Now, shoppers in some big markets can get free two-hour delivery and pay $7.99 for one-hour delivery. Such fast delivery could make Amazon a go-to shopping