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The Latest Breaking News from Amazon.com Inc.

US Lawmakers Urge DOJ To Probe Amazon: WSJ

A U.S. congressional committee urged the Justice Department to investigate Amazon.com Inc (NASDAQ:AMZN) for potential criminal obstruction of Congress, the Wall Street Journal reports. The committee alleged Amazon's refusal to disclose information as part of its investigation into Amazon's competitive practices. Amazon allegedly attempted to cover up a lie that Amazon told lawmakers…

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

Amazon Confidentially Scooped Veeqo In November

Amazon Confidentially Scooped Veeqo In November

Amazon.com Inc (NASDAQ:AMZN) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal. Veeqo makes tools to help online businesses sell products on and off Amazon. Amazon, which likely accounts for ~40% of the nation’s e-commerce sales, has long been pursuing…

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What Are Whales Doing With Amazon.com

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 176 strange trades.

Amazon Shuts 68 Physical Stores: All You Need To Know

Amazon.com Inc (NASDAQ: AMZN) looks to shut down its Amazon Books physical bookstores, Amazon 4-star and Amazon Pop Up shops,

Amazon.com Whale Trades For March 01

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.

$100 Invested In This Stock 20 Years Ago Would Be Worth This Much

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 20 years by 23.12% on an annualized basis.

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Amazon Is Undervalued, 'Worth $5,000 A Share': So What?

Amazon Is Undervalued, 'Worth $5,000 A Share': So What?

Third Point's Dan Loeb made bullish comments on Amazon.com Inc (NASDAQ: AMZN) in February, suggesting the stock has $1 trillion in untapped value and is nearing a turning point.

$1000 Invested In This Stock 5 Years Ago, Would Be Worth This Much

$1000 Invested In This Stock 5 Years Ago, Would Be Worth This Much

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 5 years by 15.87% on an annualized basis.

Amazon's Physical Stores Ambition Trails Expectations; Tigress Financial Sees 53% Upside

Amazon's Physical Stores Ambition Trails Expectations; Tigress Financial Sees 53% Upside

Amazon.com Inc's (NASDAQ: AMZN) big bet on cashier-less technology is seeing less usage than expected,

Here's Why Activist Investor Daniel Loeb Sees ~$1 Trillion Untapped Value In Amazon

Here's Why Activist Investor Daniel Loeb Sees ~$1 Trillion Untapped Value In Amazon

The Wall Street Journal reports that activist investor Daniel Loeb sees about $1 trillion in untapped value at Amazon.com Inc (NASDAQ:AMZN). Loeb's Third Point LLC counts the e-commerce major as one of its most significant holdings. Third Point, as of the end of 2021, had an Amazon stake valued at $784 million. The fund…

Check Out What Whales Are Doing With AMZN

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.

Amazon Offers First Glimpse Of Footage From New 'Lord Of The Rings' Series

Amazon Offers First Glimpse Of Footage From New 'Lord Of The Rings' Series

Amazon (NASDAQ: AMZN) has begun to offer the first glimpses of its upcoming Prime Video series “The Lord of the Rings: The Rings of Power,” with a 60-second trailer that premiered during Sunday night’s Super Bowl broadcast and an extended spread in Vanity Fair that provides more depth to t

Amazon Got Tax Breaks Worth At Least $4.7B Over Last Decade

Amazon Got Tax Breaks Worth At Least $4.7B Over Last Decade

Amazon.com Inc (NASDAQ:AMZN) scooped at least $4.7 billion in tax breaks globally during the past ten years as per watchdog group and a global labor federation, the Vice reports. The tax breaks pertained to its warehouses, data centers, offices, call centers, and film production projects. The vast majority of these tax breaks…

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4 Popular Mega-Cap Stocks Down More Than 5% YTD That Are Still Too Expensive to Buy

Because market volatility is likely to persist, at least for the foreseeable future, investors should seek investment opportunities in mega-cap stocks to ensure relatively stable returns. However, despite being down more than 5% in price year-to-date, mega-cap stocks Amazon.com (AMZN), Tesla (TSLA), Home Depot (HD), and NIKE (NKE) still look…

Facebook Parent Meta Falls Behind Nvidia

Meta Platforms Inc (NASDAQ:FB) continued its slide on February 8 and has now dropped so much in the past week that the company is worth less than chipmaker NVIDIA Corp (NASDAQ:NVDA), CNBC reports. Meta shares dropped 2.1% to close at $220.18 on Tuesday. The stock is down 35% this year and has reached its…

This Is What Whales Are Betting On Amazon.com

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 358 strange trades.

Here's Why Analysts Are Bullish On Amazon Post-Q4

Analysts bumped up price targets on Amazon.com Inc (NASDAQ: AMZN) following fourth-quarter results.

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Why This Tech Giant Is Seeing The Highest Interest On WallStreetBets Today

Amazon.com Inc. (NASDAQ: AMZN) has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Friday. What Happened: Amazon is seeing the highest interest on the forum with 1,778 mentions as at press time, data from Quiver Quantitative showed.

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Tech rout eases afterhours on Amazon, Snap results: Markets wrap

The worst selloff in American technology shares since 2020 showed signs of easing in late trading after Amazon.com Inc. and Snap Inc. soared on quarterly results.

Amazon Q4 Earnings Takeaways: Holiday Costs, Prime Price Hike, Stock Soars

Amazon.com Inc (NASDAQ: AMZN) shares popped more than 15% after reporting fourth quarter and fiscal year financial results after market close Thursday. Here are the key takeaways for investors.

Amazon.com Whale Trades For January 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.

BMO Capital Cuts Amazon Price Target By 12%

BMO Capital analyst Daniel Salmon lowered the price target on Amazon.com Inc (NASDAQ:AMZN) to $3,600 from $4,100 but reiterated an Outperform rating on the shares. The price target implies an upside of 29%. The analyst is also reducing his FY22 EPS view to $42.99 from $65.04. The revision reflects his expectations of lower online stores…

5 Mega-Cap Stocks with More Than 40% Upside, According to Wall Street

Amid the current, dizzying market volatility, investing in fundamentally sound mega-cap stocks could offer some stability to one’s portfolio returns. Analysts believe the shares of Amazon.com (AMZN), NVIDIA (NVDA), Walt Disney (DIS), salesforce.com (CRM), and PayPal Holdings (PYPL) could rally by more than 40% in price in the near term.…

Check Out What Whales Are Doing With AMZN

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.

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