Walmart (WMT +0.2%)/Costco/Target will definitely put pressure on Amazon. Costco ( COST +0.2%) has started their same-day grocery delivery service. stores will offer same-day service by the 2018 holiday season. Looking ahead, Targets expects the majority of its U.S. Paul area today in partnership with Shipt. Target ( TGT -0.8%) announces it will begin same-day delivery on March 1 of more than 55K groceries, essentials, home, electronics, toys and other products in the Minneapolis-St. To be honest, I don't believe Amazon is capable to deliver competitive products. Losers NVDA (-1.8%) is hurt by the news that Amazon ( AMZN +3.5%) plans to become an AI chipmaker. Hess ( HES +4.8%) is higher as Credit Suisse upgrades shares to Neutral with an unchanged $42 PT after recent selloff.Īpple (+4.1%), DWDP (+3.2%)and BA (+3.3%) lead Dow Jones. Usage is billed by the second and costs $6.50 per Cloud TPU per hour. Google (GOOG +1.4%) will start renting out its AI chips tensor in “limited quantities” to Google Cloud Platform customers wanting to run machine learning models. Unilever (+1.9%) has threatened to withdraw ads from platforms like Google and Facebook if they do not do enough to police extremist and illegal content. Nevertheless, UTX gains +1.9% today along with other defense companies. In other news, Alibaba (BABA +0.4%) has signed a deal to offer Disney shows on its Youku video streaming platform.Īirbus has halted all deliveries of its Pratt & Whitney-powered (UTX) A320neo after the latest disclosure in a series of flaws with the next-generation engine, according to IndiGo, the company's biggest customer for the aircraft. It should be considered bullish because the selling pressure is much less after loose hands got off table.ĭisney (DIS +0.3%) raises theme park ticket price. That's a 8% of the total assets from the beginning of the week. Some data from last week: investors pulled a record $23.6B from the SPDR S&P 500 ETF ( SPY), according to Bloomberg. SPY is the most popular SP500 ETF. Tech, Energy and Materials lead the rally.Ĭommodities: Crude +0.2% to $59.3. All three indices finish with more than +1.4% gain. Market continues its bounce following last Friday.
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