
Here’s why I’m concerned about the Zip (ASX:Z1P) share price
The Zip Co Ltd (ASX: Z1P) share price sunk 5.16% yesterday after major competitor Affirm signed an exclusive deal with Amazon.
Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).
The Zip Co Ltd (ASX: Z1P) share price sunk 5.16% yesterday after major competitor Affirm signed an exclusive deal with Amazon.
The S&P/ASX 200 (ASX:XJO) finished lower on Tuesday as the RBA, Netwealth (ASX:NWL) and IAG (ASX:IAG) shares made headlines.
US stock markets finished at records on Friday and for the month of October as Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) make headlines.
On the Australian Investors Podcast this week, analysts Owen Rask & 7Investing’s Dr Anirban Mahanti look at Apple Inc’s (NASDAQ: AAPL) 4th quarter report, the Vulcan Energy (ASX:VUL) short report, Dubber Corp (ASX:DUB) & A2 Milk Company Ltd (ASX:A2M).
US stock markets all approach all-time highs again on Thursday as Facebook (NASDAQ:FB) goes Meta and Apple (NASDAQ:AAPL) reports.
US stock markets were mixed on Monday with the Nasdaq outperforming strongly tech shares such as Facebook (NASDAQ: FB) climbed more than 3%.
After its IPO just two weeks ago the Zoom2u Technologies Ltd (ASX: Z2U) share price has more than doubled. What’s caught investors attention?
US stock markets were mixed with both the S&P 500 and Dow Jones falling 0.2% overnight, while the Nasdaq ended 0.1% higher.
After a huge FY21, shares in Domino’s Pizza Enterprises Limited (ASX: DMP) have reached new peaks. Here’s why they’re still worth a look.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.