Live Updates: COVID-19 Cases
  • World 11,924,720
    World
    Confirmed: 11,924,720
    Active: 4,542,526
    Recovered: 6,836,862
    Death: 545,332
  • USA 3,087,739
    USA
    Confirmed: 3,087,739
    Active: 1,606,082
    Recovered: 1,347,829
    Death: 133,828
  • Brazil 1,668,589
    Brazil
    Confirmed: 1,668,589
    Active: 529,619
    Recovered: 1,072,229
    Death: 66,741
  • India 743,481
    India
    Confirmed: 743,481
    Active: 265,783
    Recovered: 457,045
    Death: 20,653
  • Russia 694,230
    Russia
    Confirmed: 694,230
    Active: 219,856
    Recovered: 463,880
    Death: 10,494
  • Peru 309,278
    Peru
    Confirmed: 309,278
    Active: 97,388
    Recovered: 200,938
    Death: 10,952
  • Chile 301,019
    Chile
    Confirmed: 301,019
    Active: 26,340
    Recovered: 268,245
    Death: 6,434
  • Spain 299,210
    Spain
    Confirmed: 299,210
    Active: 270,818
    Recovered: ?
    Death: 28,392
  • UK 286,349
    UK
    Confirmed: 286,349
    Active: 241,958
    Recovered: ?
    Death: 44,391
  • Mexico 261,750
    Mexico
    Confirmed: 261,750
    Active: 70,974
    Recovered: 159,657
    Death: 31,119
  • Iran 245,688
    Iran
    Confirmed: 245,688
    Active: 26,757
    Recovered: 207,000
    Death: 11,931
  • Italy 241,956
    Italy
    Confirmed: 241,956
    Active: 14,242
    Recovered: 192,815
    Death: 34,899
  • Pakistan 234,509
    Pakistan
    Confirmed: 234,509
    Active: 94,713
    Recovered: 134,957
    Death: 4,839
  • Saudi Arabia 217,108
    Saudi Arabia
    Confirmed: 217,108
    Active: 60,252
    Recovered: 154,839
    Death: 2,017
  • South Africa 215,855
    South Africa
    Confirmed: 215,855
    Active: 110,054
    Recovered: 102,299
    Death: 3,502
  • Turkey 207,897
    Turkey
    Confirmed: 207,897
    Active: 17,345
    Recovered: 185,292
    Death: 5,260
  • Germany 198,355
    Germany
    Confirmed: 198,355
    Active: 6,552
    Recovered: 182,700
    Death: 9,103
  • France 168,810
    France
    Confirmed: 168,810
    Active: 61,222
    Recovered: 77,655
    Death: 29,933
  • Bangladesh 168,645
    Bangladesh
    Confirmed: 168,645
    Active: 88,392
    Recovered: 78,102
    Death: 2,151
  • Canada 106,106
    Canada
    Confirmed: 106,106
    Active: 27,571
    Recovered: 69,827
    Death: 8,708
  • China 83,565
    China
    Confirmed: 83,565
    Active: 403
    Recovered: 78,528
    Death: 4,634
  • Netherlands 50,694
    Netherlands
    Confirmed: 50,694
    Active: 44,562
    Recovered: ?
    Death: 6,132
  • S. Korea 13,181
    S. Korea
    Confirmed: 13,181
    Active: 982
    Recovered: 11,914
    Death: 285
  • Australia 8,755
    Australia
    Confirmed: 8,755
    Active: 1,194
    Recovered: 7,455
    Death: 106
  • New Zealand 1,536
    New Zealand
    Confirmed: 1,536
    Active: 22
    Recovered: 1,492
    Death: 22

Amazon may become a $1 trillion company by 2022, predicts Jefferies

Author at TechGenyz Insights
Amazon
Credit: New York Post
A sum-of-the-parts analysis from Jefferies analyst Brent Thill has predicted that Amazon is on its way to become a $1 trillion dollar company by 2022. In the next four years, the world’s largest retailer is expected to grow almost one-third its current size to have a 29 percent jump from Monday’s valuation of $773.8 billion. Amazon’s current net worth is greater than the combined market value of Walmart Inc. and Alibaba Group Holding Ltd; the next big retailers after Amazon. Thill has suggested various avenues of expansion for Amazon, the leading among which is its advertising business. The shift in ad spending to online platforms has already helped Amazon to expand its business without having to compete with Facebook Inc. or Alphabet Inc.’s Google. The “billions of touch points with consumers” that Amazon boasts of distinguishes it from other ad markets and may help its current $4 billion ad revenues up to $22 billion by 2022. Compared to an average target of $1,701, as per data compiled by Bloomberg, Thill has rated the stock a buy by raising his 12-month price target to $1,850 from $1,750. However, Amazon may hit the $1 trillion target sooner than expected as Analysts from Wolfe Research and Monness, Crespi, Hardt & Co. both carry price targets of $2,000, putting Amazon just shy of the trillion-dollar mark within a year based on the current number of shares outstanding.
We Are Hiring

Subscribe