If Amazon were putting together a shopping list, one long-time tech analyst has a couple idea about what companies it might want to buy.
Loup Ventures managing partner Gene Munster told Cheddar this week that, despite one report that Apple could be interested in Netflix, the video-streaming service is a much more likely acquisition candidate for Amazon.
“Part of the reason is that Apple just doesn’t do big acquisitions,” he said. On the other hand, “it does line up with this commentary that [Amazon CEO Jeff] Bezos has had that the next leg of the Amazon story is content. And Netflix would be a great way to accelerate that.”
But the e-commerce giant’s bigger target may be...well...Target.
“It’s easy to think that Amazon is exclusively an online player,” Munster said. But even besides its $13 billion deal for Whole Foods, “they’re testing their Amazon Go store, which is basically an automated offline. You see that Amazon sees a future where it’s mostly online with some offline.”
For full interview [click here](https://cheddar.com/videos/is-target-amazons-next-brick-and-mortar-buy).
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
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A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
