Latest news with #JohnMackey
RTÉ News
4 days ago
- RTÉ News
Family of fatally injured man speak out
Tommy Meskill, London Correspondent, interviews the family of 87-year-old Irish man John Mackey who was fatally injured in North London last month.
Yahoo
4 days ago
- Business
- Yahoo
Why Roku Stock Jumped 13% This Morning
Roku stock soared after announcing an exclusive advertising partnership with Amazon's ad-selling service. Advertisers will be able to reach 80% of U.S. connected TV households through Amazon's platform. Amazon stock moved slightly on the news, but Roku saw a far bigger boost. 10 stocks we like better than Roku › Shares of Roku (NASDAQ: ROKU) rose as much as 13.4% on Monday morning, dropping back to a 10% gain by noon ET. The media-streaming technology expert announced an advertising partnership with Amazon (NASDAQ: AMZN). The new deal gives advertisers access to Roku's media-playing platform through the Amazon DSP advertising platform. It's an exclusive partnership with deeper data access than Roku's existing ad-sales deals, making Amazon's service the easiest route to placing ads across all of Roku's original and third-party content services. The companies said that this combination grows the effective market reach for ad buyers while also placing more varied marketing messages in front of the consumer. Between Roku's media players and the Amazon Prime Video service, Amazon DSP now reaches 80% of American media households. Amazon stock also rose slightly on the news, but the partnership should make a bigger difference to Roku's business. The company now has direct ad placement deals with the three largest ad management platforms. After Monday's price jump, Roku's stock has gained 42% in 12 months. It still looks quite affordable at 2.8 times trailing sales, despite the company's habit of delivering year-over-year revenue growth of 15% or more in recent quarters. Before you buy stock in Roku, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Roku wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Anders Bylund has positions in Amazon and Roku. The Motley Fool has positions in and recommends Amazon and Roku. The Motley Fool has a disclosure policy. Why Roku Stock Jumped 13% This Morning was originally published by The Motley Fool
Yahoo
6 days ago
- Business
- Yahoo
If I Could Buy Only 1 Artificial Intelligence Stock Over the Next Year, Amazon Would Be It, but Here's the Key Reason
There are several reasons to like Amazon as a long-term investment right now. AWS could be a particularly massive growth driver for the rest of the decade and beyond. The cloud computing business could drive market-beating performance all by itself. 10 stocks we like better than Amazon › There are some excellent artificial intelligence (AI) stocks you can buy right now. However, my favorite -- and largest AI play in my own portfolio -- is Amazon (NASDAQ: AMZN). To be sure, there are a lot of reasons why I like Amazon as a long-term investment. E-commerce still represents less than one-fifth of all U.S. retail, and there's massive international expansion potential for the business, just to name a few pluses. But the No. 1 reason I love the stock is Amazon Web Services (AWS) and its potential to drive profits higher over the next decade. AWS makes up less than 20% of Amazon's revenue, but it's the fastest-growing, most profitable part of the company. Despite accounting for less than one-fifth of sales, as noted, AWS was responsible for 63% of the company's operating income in the first quarter. However, this could be just the beginning. The global cloud computing market is expected to roughly triple in size by 2030, compared with 2024 levels. Assuming AWS simply maintains its current market share, this means that AWS revenue could rise from $107.6 billion in 2024 to about $342 billion in 2030. If Amazon can maintain its current operating margin for AWS (it's likely the margin will improve as the business scales), this would result in about $87 billion in additional annual operating income just from AWS. This alone would likely drive excellent stock returns -- and that's on top of any value added through profit increases from the retail side. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor's total average return is 998% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Matt Frankel has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. If I Could Buy Only 1 Artificial Intelligence Stock Over the Next Year, Amazon Would Be It, but Here's the Key Reason was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Why American Express Stock Flopped on Friday
A report in a top financial newspaper highlighted a large potential threat to the business of payment card companies. A proposed federal law could make the threat more acute. 10 stocks we like better than American Express › Sturdy payment card mainstay American Express's (NYSE: AXP) stock was looking a bit rickety on the last trading day of the week. The company's shares lost more than 3% of their value on Friday following a report in a top financial newspaper regarding the potential defection of an important customer base. By comparison, the S&P 500 index only fell by slightly over 1% that day. That morning, The Wall Street Journal published an article stating that some of the largest American retailers are considering how to use stablecoins in their businesses. Stablecoins are cryptocurrencies that are pegged to a fiat currency, such as the dollar, and typically buttressed by cash or relatively liquid securities. Citing unidentified "people familiar with the matter," the newspaper wrote that influential companies in the sector, such as Walmart and Amazon, are even considering whether to issue their own stablecoins. The Journal also flagged sprawling online travel agency Expedia Group as a business exploring such an option. The attraction of payment instruments like stablecoins is that, if implemented well, they could save retailers vast amounts of money in fees. A key source of revenue for card payment companies is the small charges they impose on merchants accepting their cards, hence the negative AmEx investor reaction to the news. How far such efforts go will depend on the fate of the Genius Act, a proposed law making its way through Congress that would erect a regulatory framework for stablecoins. If it successfully makes it through the legislative process and becomes law in some useful form, stablecoins could indeed become a money-saving instrument convenient for U.S. retailers and their customers. Before you buy stock in American Express, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and American Express wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. American Express is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Walmart. The Motley Fool has a disclosure policy. Why American Express Stock Flopped on Friday was originally published by The Motley Fool
Irish Post
11-06-2025
- Irish Post
Irishman murdered in London to be laid to rest in native Co. Kilkenny
AN IRISHMAN who was murdered in London last month is to be laid to rest in his native Co. Kilkenny in accordance with his wishes. John Mackey, 87, who lived in Finsbury Park, died in hospital on Thursday, May 8, two days after an alleged robbery in Goodchild Road in the Manor House district of Hackney. A statement from police described the Callan native as a 'proud Irishman' and said his family would join him 'on one final trip back to Ireland where he'll be laid to rest'. A funeral notice on has now confirmed that Mr Mackey's funeral will take place in his home town in two weeks' time. The Requiem Mass will be held at the Church of the Assumption in Callan on Thursday, June 26, followed by burial in Kilbride Cemetery. "Remembered with love by his friends and neighbours in London," read the notice. "A kind, gentle and charming man." It added: "Back home in Callan as he wished." Mr Mackey, one of 11 children, moved to London in the 1950s and is survived by four siblings. Following the Irishman's death, 58-year-old Peter Augustine, of Green Lanes, Hornsey, Haringey was charged with murder and robbery and remanded in custody.
