Move over Apple (AAPL) – Get Report TV and Google (GOOG) Chromecast. Wednesday, Amazon (AMZN) announced that it is releasing its own streaming media device: Fire TV, for $99 — shipping starts today. The device, which operates on an Android-based system and supports Netflix (NFLX) as well as Hulu, is going to be a game changer. Why? Because TV is the missing piece of Amazon’s puzzle. … Continue reading
Amazon has been inching towards physical locations for years – introducing package pickup locations within brick-and-mortar stores – but the push has been met with some setbacks. Read more on Seeking Alpha. Continue reading
Month over month construction spending is contracting, particularly in private construction and home improvement, and that could spell trouble for companies in the home improvement industry. Spending on home improvement projects fell almost 2% in May while private construction spending was down 1.5%. “The recent flattening out in housing activity could prove more protracted than … Continue reading
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