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Amazon.com (AMZN) is starting its own delivery operations, according to the Wall Street Journal, and it's smart for doing so, according to Morningstar analyst RJ Hottovy.
BlackBerry sharply rose after announcing it was getting out of the business of developing and manufacturing smartphones. Amazon trended higher after a favorable research note from Nomura.
Analysts believe it is a good timing for the fast-growing food subscription delivery startup to consider an IPO.