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The Latest Breaking News from Amazon.com Inc.

Concerns over the Fed’s interest rate hikes to combat the rising inflation and growing recession risks have induced heightened volatility in the market. Amid the market uncertainties, investors widely hold blue-chip stocks, Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon.com (AMZN), and Tesla (TSLA), to hedge against market fluctuations. Thus, it…

StockNews.com

Elon Musk Embraces a Conservative Cause

Tesla's billionaire boss has been warning for a few months about a crisis he deems overlooked.

The Street

Elon Musk Becomes The Defender of a Conservative Cause

Tesla's billionaire boss has been warning for a few months about a crisis he deems overlooked.

The Street

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Is Amazon a Buy After The 20-for-1 Stock Split?

The e-commerce giant Amazon (AMZN) recently carried on a 20-for-1 stock split, which decreased the stock’s prices proportionally and is expected to create some benefits. However, given its declining bottom line, will it be wise to invest in the stock? Read on to find out….

StockNews.com

Needham Retains Conviction On DoorDash Despite Amazon's Collaboration With Rival Just Eat Takeaway.com

Needham analyst Bernie McTernan believes DoorDash, Inc (NYSE: DASH) can leverage its leadership position in restaurant delivery to become one of the leading, horizontal, on-demand, last-mile fulfillment providers in North America.

Benzinga

Highlights From Amazon-Just Eat Takeaway.com Collaboration

Amazon.com Inc (NASDAQ: AMZN) agreed to acquire a 2%

Benzinga

Key Takeaways From Amazon's Antitrust Case Settlement With EU Regulators; UK Watchdog Launches Similar Probe

Amazon.com Inc (NASDAQ: AMZN) has agreed to share more data with rivals and offer a wider choice of products for buyers under a deal with EU antitrust regulators,

Benzinga

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Jon Najarian Sees Strong Options Activity In Roblox, Amazon: What You Need To Know

Growth stocks are catching some bids Tuesday amid falling Treasury yields. Market Rebellion co-founder Jon Najarian highlighted a few of the growth names investors seem to be focused on.

Benzinga

3 Consumer Goods Stocks Wall Street Predicts Will Gain 60% or More

Although consumer confidence has been declining amid the rising inflation, stable job growth and rising wages are expected to support consumer spending. Given this backdrop, Wall Street analysts see a more than 60% upside potential in fundamentally sound stocks Amazon.com (AMZN), General Motors (GM), and Sea Limited (SE). Keep reading.

StockNews.com

Amazon.com Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on Amazon.com (NASDAQ:AMZN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Which Mega-Cap Tech Stock Would You Buy First: Microsoft, Apple Or Amazon?

CNBC ran a survey Thursday asking investors which technology stock they would buy first at current levels. Here's a look at the results.

Benzinga

Amazon's Latest Move Reflects Appetite For Expensive Sports Broadcast To Boost Prime Revenue

Amazon.com Inc (NASDAQ:AMZN) neared a deal to broadcast Europe's top football tournament in the U.K. for the first time, Bloomberg reports. Broadcasters, including BT Sport are looking to forge a media rights deal with UEFA, the governing body for professional football in Europe. The broadcasters will share coverage of UEFA's flagship Champions…

Benzinga

Tigress Financial Lists Reasons Behind Bullishness On Amazon

Tigress Financial analyst Ivan Feinseth reiterated Amazon.com Inc (NASDAQ:AMZN) with a Buy and maintained a $232 price target. He saw ongoing momentum in Prime Membership, increasing traction with third-party sellers, strength in AWS, and growth and share price gains. He believed that growth in Prime membership, ongoing momentum in AWS, and increasing advertising revenue growth…

Benzinga

3 Stocks That Could Deliver a Fortune Over the Next Decade

The lingering inflation and the Fed’s rate hikes are keeping investors anxious. However, we think fundamentally solid stocks Advanced Micro (AMD), Palo Alto (PANW), and Amazon (AMZN), which grew at an impressive pace over the past years, are poised to deliver a fortune over the next decade as well. Thus,…

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Benzinga

This Analyst Explains Why He Sees Amazon's Cloud Unit Reaching A Valuation Of $3T

Redburn Ltd analyst sees Amazon.com, Inc (NASDAQ: AMZN) Amazon Web Services poised for a $3 trillion value, almost triple Amazon's present worth.

Benzinga

Happy Birthday Elon Musk: 51 Facts And Figures About Tesla, SpaceX CEO On His 51st Birthday

One of the world’s most well-known CEOs, Elon Reeve Musk was born June 28, 1971, in South Africa and is celebrating his 51st birthday in 2022. Known for his use of memes on social media, including mentions of popular jokes involving 69 and 4/20, it might come as a surprise that…

Benzinga

Russia Fined These US Companies Over Data Privacy Breach

A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports. Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million…

Benzinga

Prince Harry And Meghan Said To Have Roped In Oscar-Nominated Filmmaker To Direct Netflix Reality TV Show

Prince Harry and Meghan Markle have reportedly hired “Lost Girls” fame director Elizabeth Freya Garbus to direct their Netflix Inc (NASDAQ: NFLX) reality television program.

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Benzinga

RBC Capital Slashes Price Targets Of Meta, Alphabet, Pinterest, Amazon - Read Why

RBC Capital analyst Brad Erickson dove in deep with SMB-focused advertising agencies for near-term spending feedback and the ever-evolving competitive landscape across different ad channels.

Benzinga

This Is What Whales Are Betting On Amazon.com

Someone with a lot of money to spend has taken a bearish stance on Amazon.com (NASDAQ:AMZN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Street

Barstool's Portnoy Takes a Surprising Stand on a Key Political Issue

The outspoken Republican with a platform voices his opinion on the state of democracy moving to the right.

Benzinga

Ad Industry's Biggest Conference Returns With New Winner: Find Out Who

The advertising industry's biggest conference has returned with a new winner Amazon.com, Inc (NASDAQ: AMZN), after a two-year break, Bloomberg reports. Amazon occupied a portion of the beachfront at the annual Cannes Lions show with the "Amazon Port," its most extensive showcasing at the conference yet reflecting its growing significance. Tech companies like Alphabet Inc (NASDAQ:GOOG)…

The Street

Roe v. Wade Ruling: JPMorgan Puts Wall Street Into Center Of U.S. Abortion Debate

JPMorgan, the nation's largest bank, reportedly told employees it will pay travel costs for women needing abortion and reproductive health access.

Benzinga

Citi's Key Takeaways On Amazon's Recent Management Reshuffle

Citi analyst Ronald Josey revisited Amazon.com Inc's (NASDAQ:AMZN), naming veteran executive Doug Herrington as CEO of Worldwide Amazon Stores (renamed from Worldwide Consumer) and promoting John Felton as its new head of Operations. Given this announcement comes ~2 weeks post Dave Clark's resignation, Josey expected minimal disruption to store operations. While Josey recognized the challenges…

Benzinga

'That's As Cheap As It's Traded In A Long Time': Why This Investor Trimmed Alphabet To Buy Amazon Stock

Farr, Miller & Washington's Michael Farr is shaking up his exposure to mega-cap tech.

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