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In 2015, $AMZN's provision for income taxes was $950MM, up from $167MM in 2014, mainly due to an increase in US pre-tax income and increased losses in certain foreign subsidiaries for which the company may not realize a tax benefit. $AMZN generated income in lower tax jurisdictions mainly related to its European operations based in Luxembourg.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.