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Anusuya Lahiri

Amazon's Grocery Delivery Expansion Seen As Game-Changer In $90-Billion Online Market Opportunity

Amazon Prime Justin Post Scott Devitt Whole Foods Amazon Fresh Amazon.com Inc. United States Nasdaq Instacart

Amazon groceries

Amazon.com (NASDAQ:AMZN) continued to trade higher on Thursday, fueled by investor optimism surrounding its U.S. grocery delivery service expansion to all customers in over 3,500 cities. Previously limited mainly to Prime members, the service now offers same-day delivery from Amazon Fresh and Whole Foods to everyone, with lower fees for Prime subscribers.

Wall Street analysts rerated Amazon after the update.

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

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One subscription that gives you access to news from hundreds of sites

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Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

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