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The Latest Breaking News from Amazon.com Inc.

This Tycoon Just Joined An Exclusive 10-Member Club With Elon Musk And Jeff Bezos

Gautam Adani, the chairman of business conglomerate Adani Group, has recently joined the exclusive centibillionaires club. According to the Bloomberg Billionaires Index, Adani has now accumulated $100 billion in wealth. He became the 10th member of the club by adding almost $24 billion to his fortune so far this year.

Benzinga

How Much Did Andy Jassy Make In His First Year As Amazon CEO?

The CEO of e-commerce giant Amazon.com was the recipient of a prime compensation package in his first year leading the company. Here’s how much Andy Jassy made in 2021.

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Friday, April 1

Reuters IEA Holds Emergency Meeting To Tackle Soaring Oil Prices

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Here's Why This Analyst Is Cautious On Amazon

BNP Paribas Exane gave an Underperform rating to Amazon.com Inc (NASDAQ:AMZN), citing a bumpy ride ahead due to surging inflation and higher expenses. Analyst Stefan Slowinski said investments during the pandemic to build fulfillment centers for faster deliveries and employee bonuses to keep its warehouses staffed in a tight U.S. labor market may eat…

Benzinga

Amazon.com Whale Trades For March 28

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.

Benzinga

Here's How Much You Would Have Made Owning Amazon.com Stock In The Last 5 Years

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 5 years by 16.4% on an annualized basis producing an average annual return of 30.34%. Currently, Amazon.com has a market capitalization of $1.70 trillion.

Benzinga

The New 'Return On Character' ETF Doesn't Include Musk Or Zuckerberg: Who Made The Cut?

A new active ETF launched this week with a unique spin on how it picks the companies to include in the fund.

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Evercore Lists Amazon's USPs - Shipping Elasticity, Brand Advertising, Grocery Delivery, Cheap Valuation

Analysts led by Mark Mahaney at Evercore ISI reiterated their Outperform rating on Amazon.com Inc (NASDAQ:AMZN) with a target price on the stock of $4,300, implying more than 30% upside. Amazon remains the investment bank advisory group's top mega-cap long holding. Mahaney and his team highlight four underappreciated elements of the company. Firstly, Amazon's recent…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 24

CNBC

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Amazon Prepares To Face Warehouse Union Vote In New York: WSJ

Amazon.com Inc (NASDAQ:AMZN) would face union elections at separate warehouses in the pro-union New York City in April, the Wall Street Journal reports. The current and former workers at Amazon’s largest Staten Island warehouse look to become the first group of Amazon employees to unionize in the U.S. The JFK8 warehouse, which…

Benzinga

Check Out What Whales Are Doing With AMZN

A whale with a lot of money to spend has taken a noticeably bearish stance on Amazon.com. Looking at options history for Amazon.com (NASDAQ:AMZN) we detected 38 strange trades.

Benzinga

4 Energy Stocks Under $10 Wall Street Loves: Tellurian, Energy Transfer, TechnipFMC, and Crescent Point Energy

Oil prices are expected to remain above the $100 mark in the coming months amid the tight supply outlook. The rising prices over the past months have helped energy stocks, Energy Transfer (ET), Crescent Point (CPG), TechnipFMC (FTI), and Tellurian (TELL) to gain significantly. Wall Street analysts see further upside…

StockNews.com

General Motors vs. Stellantis: Which Auto Manufacturing Stock is a Better Buy?

Automakers are facing some production challenges in the near-term as they transition to EVs. General Motors (GM) and Stellantis (STLA) are considered 2 of the higher-quality companies. But which of these stocks is a better buy now? Read more to find out.

StockNews.com

Here's How Much $1000 Invested In Amazon.com 20 Years Ago Would Be Worth Today

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 20 years by 23.85% on an annualized basis.

Benzinga

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Benzinga

Amazon.com Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Amazon.com. Looking at options history for Amazon.com (NASDAQ:AMZN) we detected 15 strange trades.

StockNews.com

2 FAANG Stocks Wall Street Predicts Will Rebound by More Than 33%

Despite the expectation that the Fed will raise rates several times this year, investing in quality FAANG stocks could be rewarding as they are expected to generate steady returns. Wall Street analysts expect Amazon (AMZN) and Netflix (NFLX) to surge more than 33% in the near term.

Benzinga

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

Benzinga

1Huddle To Help Amazon's Audible In Employee Training

Workforce tech company 1Huddle has signed a $1 million deal with Amazon.com Inc's (NASDAQ:AMZN) audio storytelling creator, Audible. The partnership will make 1Huddle's offerings available to Audible employees through onboarding and learning. 1Huddle's gamified approach will help Audible launch new ways to train and develop its employees, moving beyond traditional methods. "Data shows most traditional job training…

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Benzinga

Amazon Introduces Game Replicating Metaverse to Help Users Learn Cloud Computing

Amazon.com Inc (NASDAQ:AMZN) launched an online role-playing game to help the users pick up cloud-computing skills. AWS Cloud Quest: Cloud Practitioner allows the users to create their avatar who moves through a virtual city, helping its denizens solve technology-related cloud issues, CNBC reports. Also Read: Read How Facebook’s Metaverse Ambitions Are Shaping Up In Mark…

Benzinga

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

Benzinga

This Is What Whales Are Betting On Amazon.com

Benzinga

Amazon Gig Deliveryman Gets Shot Multiple Times, Raises Questions Over Amazon's Policies

A carjacker shot an Amazon.com Inc (NASDAQ:AMZN) gig deliveryman, multiple times injuring him while delivering packages in Chicago, Bloomberg reports. The victim, George Hunt, insisted Amazon notify the gig drivers in advance about the vicinities they will be delivering to decide if $30 an hour is worth the risk. Amazon instead penalizes drivers…

Benzinga

Why Amazon Is Seeing Really High Interest From Retail Investors Today

Amazon.com Inc. (NASDAQ: AMZN) has emerged among the most-discussed stocks on Reddit’s r/WallStreetBets forum as of early Thursday.

Benzinga

Amazon Announces 20-For-1 Stock Split, Share Buyback: Here Are The Details

Amazon.com Inc (NASDAQ: AMZN) made two big announcements after market close Wednesday.

Benzinga

Amazon.com Whale Trades For March 09

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