Amazon Shares Hit Milestone as E-Commerce Battle Heats Up


Amazon stock surged to more than $1,000 for the first time on Tuesday, marking a milestone for the dominant e-commerce retailer and leaving its closest competitors still trying to figure out a path to closing the gap. Amazon’s shares hovered near $997 in late mid-afternoon trading after reaching $1001.20 earlier in the day, an all-time-high for the stock. Friday’s closing price was $995.78. The key to Amazon’s dominance has been growth in its Prime membership, which has doubled to more than 80 million members in the past two years.

The original article can be found here: http://www.ecommercetimes.com/story/84568.html?rss=1

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Nintendo Switch back in stock at Best Buy today, but get there early

Days after Best Buy replenished its NES Classic Edition stock for what might be the very last time, the retailer has announced that it is bringing the Nintendo Switch back to store shelves as well on Friday, April 28th.

The original article can be found here: http://www.foxnews.com/tech/2017/04/28/nintendo-switch-back-in-stock-at-best-buy-today-but-get-there-early.html

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Snap Sells Itself as Camera Company as IPO Nears


As it approaches its first stock offering next month, Snap, maker of the popular mobile messaging app Snapchat, is positioning itself as a camera company. “We feel like we’re really at the beginning of what cameras can do,” said Snap CEO Evan Spiegel. “Before, cameras were the best way to perfectly save or record something that you saw. They sort of helped augment memory — but now, you know, cameras augment the way that we talk.” Casting a company whose chief product is a messaging app as a camera company has raised some eyebrows.

The original article can be found here: http://www.ecommercetimes.com/story/84334.html?rss=1

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Twitter surges after report that it may be on the block

Twitter’s stock is surging following a report that the social media company, forever struggling in Facebook’s shadow, is close to a sale.

The original article can be found here: http://www.foxnews.com/tech/2016/09/23/twitter-surges-after-report-that-it-may-be-on-block.html

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Samsung Catches a Small Break in Midst of Note 7 Battery Pummeling


Samsung stock recovered slightly on Tuesday from the nosedive it took Monday, after U.S. regulators urged consumers to stop using and turn in more than 2.5 million Galaxy Note 7 smartphones. Shares closed 4.2 percent higher on Tuesday, erasing some of Monday’s $14 billion loss in market value. The Federal Aviation Administration’s alert came in response to a small number of incident reports of the Galaxy Note 7’s lithium ion batteries catching fire, either in transit or while charging on board planes.

The original article can be found here: http://www.ecommercetimes.com/story/83889.html?rss=1

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Apple reportedly starts iPhone 7 production with three new models incoming

Until recently, most iPhone 7 rumors suggested Apple will stock three distinct models this year, including 4.7-inch and 5.5-inch models that would be identical aside from screen size, and then a separate 5.5-inch iPhone 7 Pro with a dual lens rear camera and other premium features.

The original article can be found here: http://www.foxnews.com/tech/2016/05/16/apple-reportedly-starts-iphone-7-production-with-three-new-models-incoming.html

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Cowen upgrades Apple to 'outperform,' envisions OLED iPhones with new form factors

Article Image Cowen and Company upgraded its outlook on AAPL stock to “outperform” on Wednesday with a $135 price target, telling investors it believes Apple will return to growth with this fall’s “iPhone 7″ and beyond.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e9afc57/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C30A0Ccowen0Eupgrades0Eapple0Eto0Eoutperform0Eenvisions0Eoled0Eiphones0Ewith0Enew0Eform0Efactors/story01.htm

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Shares of PayPal slide amidst rumors of browser-based Apple Pay checkout

Article Image PayPal stock dipped on Thursday, as investors reacted to a new rumor claiming Apple Pay may soon further encroach on its business with upcoming website integration.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e7e7610/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C240Cshares0Eof0Epaypal0Eslide0Eamidst0Erumors0Eof0Ebrowser0Ebased0Eapple0Epay0Echeckout/story01.htm

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Groupon Flies High on Alibaba Investment


Groupon’s stock slipped a little on Wednesday, following Tuesday’s dramatic 40 percent spike on the news that Alibaba had purchased about a 5 percent stake in the company. Alibaba last week disclosed in a filing with the Securities and Exchange Commission that it had bought about 33 million shares of Groupon. The disclosure boosted shares of Alibaba, as well as the struggling Yahoo, which owns a stake in Alibaba. Groupon last week released an encouraging Q4 earnings report, and the company’s stock rose by roughly 29 percent.

The original article can be found here: http://www.ecommercetimes.com/story/83123.html?rss=1

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Merrill Lynch upgrades AAPL to 'Buy,' says worries factored into current price

Article Image Bank of America Merrill Lynch upgraded Apple stock from “Neutral” to “Buy” on Tuesday, with an analyst at the firm suggesting that any worries about channel or supply chain checks are already factored into share prices.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4cd1d418/sc/21/l/0Lappleinsider0N0Carticles0C160C0A10C120Cmerrill0Elynch0Eupgrades0Eaapl0Eto0Ebuy0Esays0Eworries0Efactored0Einto0Ecurrent0Eprice/story01.htm

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Wells Fargo cuts Apple price target as stock hovers just above $100

Article Image The price of of Apple stock has been driven lower by concerns over demand for the iPhone 6s lineup, dropping near $100 per share in early trading on Wednesday as investment firm Wells Fargo Securities cut its own outlook, predicting a short-term “road bump” before a return to growth.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4cae70d6/sc/28/l/0Lappleinsider0N0Carticles0C160C0A10C0A60Cwells0Efargo0Ecuts0Eapple0Eprice0Etarget0Eas0Estock0Ehovers0Ejust0Eabove0E10A0A/story01.htm

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AI readers pick: Your favorite news app for iPhone and iPad is Apple News

Article Image We asked our AppleInsider readers to vote for the best news reading app for iOS. The winner is the stock Apple News app that comes built into iOS 9, with competitor Flipboard coming in second.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4c55da6c/sc/28/l/0Lappleinsider0N0Carticles0C150C120C180Cai0Ereaders0Epick0Efavorite0Enews0Eapp0Efor0Eiphone0Eand0Eipad0Eis0Eapple0Enews/story01.htm

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RBC cuts Apple price target to $140, cites concerns over supply chain data

Article Image Investment firm RBC Capital Markets slashed its price target for Apple stock to $140 this week, saying data from the company’s extensive supply chain suggests iPhone sales could shrink in 2016.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4c4ddb4f/sc/21/l/0Lappleinsider0N0Carticles0C150C120C170Crbc0Ecuts0Eapple0Eprice0Etarget0Eto0E140A0Ecites0Econcerns0Eover0Esupply0Echain0Edata/story01.htm

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First look: Apple Smart Keyboard for iPad Pro

Article Image As Apple Pencil stock trickles into brick-and-mortar Apple Stores, the iPad Pro’s other first-party accessory, the Smart Keyboard, has become somewhat of a hot commodity. AppleInsider was able to snag a copy of the hard-to-get device to offer this first look.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4bcb0713/sc/15/l/0Lappleinsider0N0Carticles0C150C110C250Cfirst0Elook0Eapple0Esmart0Ekeyboard0Efor0Eipad0Epro/story01.htm

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Deals: all iPad Pros in stock, free Magic Mouse 2 & AppleCare with 15" MacBook Pros; $50 off Apple Watches, $200 off 1.3GHz 12" MacBooks

Article Image All iPad Pro models are finally in stock with no sales tax outside NY. Meanwhile, grab a Free Magic Mouse 2 and free AppleCare extended protection plan with mid-2015 15″ MacBook Pros (saves up to $600), $50 off Apple Watch, $200 off 1.3GHz 12″ MacBooks, free AppleCare with all new iMac 4Ks & 5Ks, and more.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4b9b69f0/sc/28/l/0Lappleinsider0N0Carticles0C150C110C180Cdeals0Eall0Eipad0Epros0Ein0Estock0Efree0Emagic0Emouse0E20Eapplecare0Ewith0E150Emacbook0Epros0E50A0Eoff0Eapple0Ewatches/story01.htm

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Goldman Sachs sees Apple's transition into services company driving stock to $163

Article Image Goldman Sachs on Wednesday gave a ringing endorsement for Apple stock, telling investors that the iPhone Upgrade Program, Apple Music, and anticipated streaming television product will change how the market views the company.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4b9a566d/sc/28/l/0Lappleinsider0N0Carticles0C150C110C180Cgoldman0Esachs0Esees0Eapples0Etransition0Einto0Eservices0Ecompany0Edriving0Estock0Eto0E163/story01.htm

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Apple shares dive on rumors of weak iPhone 6s demand

Article Image Investors sent Apple stock sliding on Tuesday following reports that the Cupertino company may have been forced to dial back orders for its new flagship handsets due to lower-than-expected demand.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4b6376c0/sc/28/l/0Lappleinsider0N0Carticles0C150C110C10A0Capple0Eshares0Edive0Eon0Erumors0Eof0Eweak0Eiphone0E6s0Edemand/story01.htm

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