Amazon will dominate the smart-home market next, according to this analyst

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Where's Amazon's next victory? Smart homes, says this analyst

Amazon.com Inc.’s next victory will likely be in the smart-home market, where its recent acquisition of the mesh router maker Eero will give it an advantage over rivals Apple Inc. AAPL, -0.20% and Google parent Alphabet Inc. GOOGL, +1.07% GOOG, +0.96% , CFRA said Monday.

CFRA analyzed Alexa Internet’s share of voice data — the percentage of searches for a keyword in major search engines over the past six months that sent organic traffic to the respective site — and found in the smart-home sector, it currently stands at about 6.6%. Market Pulse: Amazon’s stock surge propels company past Apple to No. 2 on list of most valuable U.S. companies

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Persuading us all that Amazon is good for us?

Jeff. B girlfriend home. No more wife anyway

If Alexa can find a way to perfectly pop a bag of popcorn where you've reached maximum popped-kernel capacity, without burning, you've found the holy grail.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon plans new grocery-store business: WSJAmazon.com Inc plans to open dozens of grocery stores across the United States a... is it...is it called whole foods? I can only imagine how excessively packed their own brand goods will be... Amazon just stop ok.
Source: Reuters - 🏆 2. / 97 Read more »

KKR poaches Goldman Asia investment banking chair RichdaleKKR & Co Inc has poached Kate Richdale, Goldman Sachs Group Inc chair of Asia in... . .
Source: Reuters - 🏆 2. / 97 Read more »

Gap Inc., Long A Tale of Two Brands, Will Now Become Two CompaniesGap Inc. announced that it will separate Old Navy from its portfolio of brands to create two independent and publicly traded entities. On one hand, you have Old Navy, which has continued to deliver growth and profitability; the rest of the portfolio is a tangled web of troubled but promising brands. G Who still buy OldNavy and Gap Interesting
Source: Forbes - 🏆 394. / 53 Read more »

HP is still being disrupted by the internet in 2019HP Inc.’s comeback hit a big speed bump Wednesday as something called “online” caught up with its printing-supplies business.
Source: MarketWatch - 🏆 3. / 97 Read more »

Best Buy stock soars toward best day since 2017; Dean Foods shares plungeBest Buy Co. Inc.’s stock is on track for its best day since 2017, highlighting a busy slate of morning earnings that’s produced several double-digit movers. My Fav store Hey permabulls enjoy the moment in the sun during this BEAR market rally
Source: MarketWatch - 🏆 3. / 97 Read more »

Amazon tapped a company veteran to lead its new pharmacy business, including PillPackAmazon's Nader Kabbani, who's been at the company since 2005, is running its new pharmacy initiative.
Source: CNBC - 🏆 12. / 72 Read more »