YouTube remains the online video leader, but it’s far from the only star in an increasingly competitive field. YouTube owner Google (GOOGL) this month confirmed plans to launch an ad-free YouTube subscription service. Whether that means that YouTube will try for some higher-end professional and original content and go up against subscription services from the likes of Netflix (NFLX) and Amazon.com (AMZN) remains to be seen. But in the field of
Amazon.com (AMZN), which reports Q1 earnings after the close Thursday, got a price target hike Monday as an analyst sees its AWS cloud business at a tipping point. Michael Pachter, an analyst at Wedbush, raised his price target on Amazon stock to 395 from 330, but he maintained a neutral rating. Amazon stock was up more than 2.5%, near 386, in afternoon trading in the stock market today. Amazon stock is up more than 20% since the company reported
Amazon.com’s (AMZN) ability to provide an abundance of delivery choices to consumers will help the world’s largest online retailer in the battle to win local shoppers, says an analyst in a research report Tuesday. Jefferies analyst Brian Pitz says Amazon’s fulfillment strategy that includes two-day shipping, same delivery and locker storage services for customers is giving the company an edge over other rivals such as Google (GOOGL), which also