We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Microsoft (MSFT - Free Report) CEO Satya Nadella said in an interview with the WSJ that the shared rivalry with Amazon (AMZN - Free Report) “is absolutely core to this…How do we get more leverage as two organizations that have depth and breadth and investment to be able to outrun our respective competition”.
Microsoft wants to expand its cloud business to compete with Amazon’s AWS, which is how Walmart can help it. And Walmart (WMT - Free Report) wants to get on the front of technology to take on Amazon’s online retail platform, which is how Microsoft can help it.
Walmart has a treasure trove of data that it has been trying to analyze to improve customer experience and lower cost. Now, this will be infused with Microsoft machine learning and artificial intelligence capabilities as well as its IoT tools to more easily determine things like the most efficient way to stock shelves and optimize the performance of freezers and other equipment.
Walmart will develop cloud native versions of its applications, so cloud-based solutions can be built on top of them to determine purchase intentions and then sharing subsequent sales data with vendors.
The company will gradually move walmart.com and samsclub.com to Azure, which is expected to further improve the customer experience. It has already been using Microsoft’s cloud through its Jet.com acquisition, which standardized on the platform.
It will also gradually deploy Microsoft 365 across its operations.
The agreement likely doesn’t include the use of Microsoft’s just-launched cashier-less store checkout technology, since media reports suggest that it is testing its own version.
Microsoft is also not its only technology ally, because Walmart currently lists its products on Alphabet’s (GOOGL - Free Report) online shopping platform Google Express to facilitate voice-based ordering through Google Home that is the closest competition to Amazon’s Alexa-powered devices.
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
Walmart And Microsoft To Take On Amazon
Microsoft (MSFT - Free Report) CEO Satya Nadella said in an interview with the WSJ that the shared rivalry with Amazon (AMZN - Free Report) “is absolutely core to this…How do we get more leverage as two organizations that have depth and breadth and investment to be able to outrun our respective competition”.
Microsoft wants to expand its cloud business to compete with Amazon’s AWS, which is how Walmart can help it. And Walmart (WMT - Free Report) wants to get on the front of technology to take on Amazon’s online retail platform, which is how Microsoft can help it.
Walmart has a treasure trove of data that it has been trying to analyze to improve customer experience and lower cost. Now, this will be infused with Microsoft machine learning and artificial intelligence capabilities as well as its IoT tools to more easily determine things like the most efficient way to stock shelves and optimize the performance of freezers and other equipment.
Walmart will develop cloud native versions of its applications, so cloud-based solutions can be built on top of them to determine purchase intentions and then sharing subsequent sales data with vendors.
The company will gradually move walmart.com and samsclub.com to Azure, which is expected to further improve the customer experience. It has already been using Microsoft’s cloud through its Jet.com acquisition, which standardized on the platform.
It will also gradually deploy Microsoft 365 across its operations.
The agreement likely doesn’t include the use of Microsoft’s just-launched cashier-less store checkout technology, since media reports suggest that it is testing its own version.
Microsoft is also not its only technology ally, because Walmart currently lists its products on Alphabet’s (GOOGL - Free Report) online shopping platform Google Express to facilitate voice-based ordering through Google Home that is the closest competition to Amazon’s Alexa-powered devices.
Recommendations
Microsoft, Walmart and Amazon are currently ranked #3 (Hold) while Alphabet (GOOGL - Free Report) is ranked #4 (Sell). You can find safer bets in the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>