Amazon.com, Inc. (NASDAQ:AMZN) is reportedly shelving its initial plans to sell and distribute pharmaceutical products to hospitals. The company had planned to distribute the products to its potential clients through its newest entity, Amazon Business that sells bulky items to the business enterprises. Several healthcare and pharmaceutical distribution giants including the Cardinal Health and McKesson […]
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Amazon.com, Inc. (NASDAQ:AMZN) Betting On Pet Translators In 10 Years
Pet translators might not be a fantasy ten years from now, according to futurologist William Higham. Amazon.com, Inc. (NASDAQ:AMZN) has already backed the claims reiterating that Artificial Intelligence devices, capable of translating animal woofs and meows could be on the horizon. Pet Translators The e-commerce giant already sells a device that transfers human voice into […]
Amazon.com, Inc. (NASDAQ:AMZN) Investment In Plug Power Inc (NASDAQ:PLUG) demystified
Amazon.com, Inc. (NASDAQ:AMZN) struck a deal with Plug Power Inc (NASDAQ:PLUG) about a month ago and the investment was considered a major one for both firms. Plug Power was struggling prior to the investment but once the news about the deal broke, the struggling firm’s stock rallied by more than 70 percent. It obviously meant […]
Amazon.com, Inc. (NASDAQ:AMZN), To Launch In-Home Delivery?
Latest speculations suggest that Amazon.com, Inc. (NASDAQ:AMZN) is currently working with Internet of Things (IoT) companies August Home, Inc. and Alottazs Labs, LLC Garageio for the development of an in-home delivery service. In-Home Delivery Accordingly, delivery employees will be provided with a door-opening token good for one-time use should consumers opt for in-home delivery during […]
Office Depot, Inc. (NASDAQ:ODP) Issues 2Q Results, Continues To Face Industry Challenges
Office Depot, Inc. (NASDAQ:ODP) has reported on Wednesday a net income of $210 million or an earnings per share (EPS) of $0.38 for the second quarter. The company had a 6% year-over-year plunge in revenue, coming in at $3.22 billion for the period. This marks the third consecutive period that the company missed its financial […]
