Strong consumer demand during last week's big shopping weekend could be a huge relief for Amazon (NASDAQ: AMZN) investors. The online retail giant saw its inventory levels explode last year after it expanded its fulfillment network and stocked its warehouses full of KitchenAid mixers, iPads, and all the trinkets people love to buy on Amazon.com. Amazon was already showing signs of an improving inventory picture this summer. Read More...
Benzinga
PayPal Is Down 61% This Year – What’s Happened Recently?
PayPal Holdings, Inc (NASDAQ: PYPL) shares shed over 61% year-to-date. The shares have lost 5.5% in the last month and over 11% over the previous six months. On November 29, Deutsche Bank analyst Bryan Keane said Salesforce, Inc’s (NYSE: CRM) new data shows Apple Inc (NASDAQ: AAPL) Pay growing at an “extremely rapid pace,” up 52% Y/Y month-to-date in November globally and 59% Y/Y in the U.S. while, over the same period, PayPal adoption has fallen 8% globally and 4% in the U.S. Also Read: PayPal
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