logo
Amazon's grocery expansion should be large growth opportunity, Evercore ISI says

Amazon's grocery expansion should be large growth opportunity, Evercore ISI says

Evercore ISI notes Amazon (AMZN) announced its expansion of Same-Day Delivery service to include perishable groceries marking a significant strategic move into one of retail's most competitive and high-retention categories. The firm believes this deepens Amazon's customer engagement by strengthening a high-frequency purchase category into the Prime ecosystem, increasing stickiness and customer lifetime value. The deeper integration of groceries with Amazon's vast general merchandise offering positions the company more aggressively against competitors like Instacart (CART), Walmart+ (WMT). By setting a relatively low free delivery threshold of $25, Amazon applies pricing pressure that may challenge rivals' ability to compete on convenience and cost. Given that this segment is a $1T-plus market in the U.S. and perhaps $2T-plus across all of Amazon's global markets, there should be a large growth opportunity here, Evercore adds. The firm has an Outperform rating on Amazon with a price target of $280 on the shares.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Echo Show 15 transformed my busy family's schedule, and I'll never look back
The Echo Show 15 transformed my busy family's schedule, and I'll never look back

Digital Trends

time25 minutes ago

  • Digital Trends

The Echo Show 15 transformed my busy family's schedule, and I'll never look back

My wife and I are expecting a new addition to our family in October. With less than two months to go, that means a lot of appointments — at least one every two weeks — on top of the normal amount of meetings, deadlines, and other tasks on our schedule. With so much to do, it can be tough to know when either of us is free. The Echo Show 15 has become a keystone to our daily lives, and I can't imagine how we would operate without it. The Amazon Echo Show 15 has long been a fun kitchen gadget that we used to play music or bring up a recipe video, but it has since been elevated to a digital butler. I connected our calendars to the device, so now we can both see when something is coming up. That means any appointments my wife has listed are shown, and she can easily tell if I have a meeting on a given day. Recommended Videos I joke that my wife is the keeper of the calendar; when someone tries to make plans with me, I tell them to go through her. She knows our availability better than I do. On top of that, the Echo Show 15 helps us stay on top of day-to-day chores. If you have never experienced pregnancy before, the last few months before the baby arrives — especially when it's your first one — are chaotic, filled with things you have never before planned for. In our case, it seems as though every spare moment goes into getting the nursery ready, and there aren't that many moments to spare. That means we don't want to make unnecessary trips to the grocery store. Whenever my wife and I are cooking and run out of an ingredient, we can just say, 'Alexa, add (blank) to the shopping list.' This has greatly reduced (although not completely eliminated) the number of times I have to run to the store for something small that we forgot to buy. Whiteboards are a thing of the past Of course, it wouldn't be home ownership without random tasks popping up, right? Just this week, that has included repairing a cabinet door that fell off its hinges, calling the pest control company because of an influx of joro spiders, taking one of the cats to the groomers, and meeting with someone interested in purchasing an old desk. I'm the kind of person who forgets about something if it isn't right in front of him, so anything I need to take care of goes on the to-do list. It's my lifeline. The Echo Show 15 makes it easy to list out those things, too. 'Hey Alexa, add 'call pest control' to the to-do list.' It's useful for when I'm busy with other things or I happen to notice something that needs my attention, like a flickering light bulb. 'Alexa, add 'replace hallway bulb' to to-do list, and add 'light bulbs' to shopping list.' And this just scratches the surface of the Echo Show 15. I could set up individual profiles for each member of the family, and it would display that person's schedule and lists only to them through the use of facial recognition. With only two of us at the moment, it's easier to keep things grouped together — but when our kid is old enough to need their own setup, I might reconsider. It's a digital photo frame When not in use as a way to keep track of our busy lives, the Echo Show 15 has a mode called Photo Frame that rotates through a series of stored images. I filled it with family photos, wedding pictures, and dozens of random pictures of our cats (obviously). It's given a much more homey feel to the kitchen, and we can glance up and see a different image every thirty seconds. It also makes for a conversation starter whenever we have guests over. The Echo Show 15 has a lot of different applications. I use it to set multiple timers while cooking, a fact that has inadvertently led me to prepare dinner much faster and finish cooking each component at the same time. It can also help with recipes, taking you step-by-step through a new dish without the need to touch the display at all. In the morning, the Echo Show 15 is an easy way to check the weather, get a quick news brief, or my most common use, 'Alexa, turn on the lights.' It might not seem like much; after all, everyone handles tasks like this, right? As it turns out, those small, mundane things take up a lot more time than you might expect, and my Echo Show 15 has saved me countless minutes. And besides saving time, it means I can more easily stay on top of things without breaking my flow. If I'm in the middle of a task, I don't want to interrupt myself to write down a note or shift my focus elsewhere. Voice commands make it easy to issue commands in passing without dominating much mental bandwidth, and when you already feel scatterbrained, that's a lifesaver. The Echo Show 15 has proven useful enough over the past few years that I'm considering upgrading to the larger Echo Show 21. The built-in widget menu offers even more functionality on top of what it already offers, and it's the kind of smart device that I can honestly say makes a huge difference in the day-to-day.

Amazon.com, Inc. (AMZN): Jim Cramer Maintains It Needs To Buy NVIDIA
Amazon.com, Inc. (AMZN): Jim Cramer Maintains It Needs To Buy NVIDIA

Yahoo

timean hour ago

  • Yahoo

Amazon.com, Inc. (AMZN): Jim Cramer Maintains It Needs To Buy NVIDIA

We recently published . Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed. Inc. (NASDAQ:AMZN) is struggling on the stock market lately as investors are worried about the growth prospects of its cloud computing division. The shares have gained a mere 1.4% over the past month, after they fell by 9.6% after the firm's second quarter earnings were accompanied by weak AWS growth. Cramer continues to maintain that Inc. (NASDAQ:AMZN) is struggling because it is focusing on its in-house AI chips instead of NVIDIA's AI GPUs: 'Think about what happened to Amazon, when they decided to go away from using all the NVIDIA that was possible. . . Copyright: veghsandor / 123RF Stock Photo Here are his previous thoughts about Inc. (NASDAQ:AMZN): 'We're in the era, this is what happens, The two big overhangs in this market had been Apple waiting for the sword of Damocles and Amazon, trading down because Amazon Web Services is viewed as a share donor. Both of those seem to have been forgotten. David, the forgotten negatives there has been replaced by we're dumping the big tariffs for now.' While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Deal: Save a whopping $800 on the Ampace Andes 1500 Power Station
Deal: Save a whopping $800 on the Ampace Andes 1500 Power Station

Android Authority

timean hour ago

  • Android Authority

Deal: Save a whopping $800 on the Ampace Andes 1500 Power Station

Edgar Cervantes / Android Authority The Ampace Andes 1500 Portable Power Station has become my go-to battery solution for most of my needs. Mainly because it is both portable and powerful enough to run all my electronics. Needless to say, I would recommend it, especially at today's heavily discounted price. You can get it at a massive $800 discount, bringing the price down to a very amicable $599. Buy the Ampace Andes 1500 Portable Power Station for just $599 ($800 off) This offer is available on Amazon, but the item is shipped and sold directly by Ampace. The Ampace Andes 1500 Portable Power Station is very special because it strikes the perfect balance between power and portability. Sure, there are much more powerful ones, but those are huge (and much more expensive). There are also more portable ones, but smaller units usually can't run more power-hungry electronics. You can see some comparisons here. Let's dig into the details so you can understand what I mean. For starters, this power station features a pretty hefty 1,462Wh battery capacity. To give you a better idea of what this means, it's enough to charge an average smartphone about 98 times. Of course, I've never tried to test charging my phone that many times, but I can tell you it is quite a bit of juice. I've used it to charge all my electronics. For example, I often use it to power my outdoor TV, and it can do so for over five hours. Because it has a max output of 2,400W (with support for 3,600W surges), I can also use it to run higher-power electronics like my kettle, microwave, or air fryer. It works like a charm. Of course, it can also work as a backup if you want to use it during outages to keep your fridge alive. It can also charge pretty fast, by the way. If you go into the app and turn on A-Boost charging, it can recharge at up to 1,800W using an AC outlet, which will recharge the battery completely in under an hour. If you leave A-Boost disabled, charging speeds will be about 800-1,000W. It also supports as much as 600W of solar input, which will be great for outdoor activities. If the sun insists on hiding, you can also use your car socket to charge at 96W. In terms of ports, you get a pretty good variety here. It comes with two USB-C ports, four USB-A connections, two DC plugs, a car socket, and four AC outlets. Another area where the Ampace Andes 1500 excels is in its design and build quality. It is surprisingly solid and made to operate in extreme temperatures. Ampace claims it can continue working at temperatures as low as -4 degrees Fahrenheit and as high as 113 degrees Fahrenheit. This is great because it snows where I live. Edgar Cervantes / Android Authority The unit measures 17.2 x 7.7 x 13.2in and weighs 36.8 lbs. It's not exactly tiny or super light, but it will be pretty easy to carry for short periods. I can take it to my car's trunk without breaking a sweat, for example, and it's also easy to take it from my car's trunk to the camping site or picnic area. Carry it for more than about 10 minutes, though, and you'll start feeling it. At $599, this is actually an excellent battery for your adventures. It can run almost all electronics, and it could even become a great lifesaver during an outage. Go get yours while it's on sale! $800 discounts don't come often, and we doubt it will last much longer. Follow

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store