A news report that e-commerce giant Amazon plans to sell its own branded television in the U.S. has shaken up the smart TV market. Read More...
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3 Top E-Commerce Stocks to Buy Right Now
Online retail had a surprisingly difficult month in August as consumers got out of the house and went shopping in local stores instead. Amazon (NASDAQ: AMZN), for example, enjoyed revenue growth of 27% in the period compared to a year ago, but that was down from about 44% in the first quarter, and it forecast third-quarter growth would be around 13% at the midpoint of management’s guidance range. If mighty Amazon is seeing its growth slow, what hope do other internet retailers have?
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