The Latest Breaking News from Amazon.com Inc.

Credit Suisse Lists Reason Behind Its Bullishness On Amazon Ahead Of Q1

Credit Suisse reiterated its Outperform rating on Amazon.com Inc (NASDAQ:AMZN), leaving its price target unchanged at $4,100 (38.3% upside) ahead of its Q1 FY22 results. Amazon had spent more money on e-commerce-focused CapEx in the last two years than it has in the prior decade preceding the pandemic, with greater willingness to own fulfillment/transport…

Benzinga · Apr 22, 2022

This Obscure Stock's 5-Year Return Makes Bitcoin, Ethereum Classic, Tesla, Apple, Microsoft, Amazon, Ford And Starbucks Look Forgettable

Vertex Energy Inc (NASDAQ: VTNR) is one of the largest processors of used motor oil in the U.S., and over the past five years has produced marked returns for investors.

Benzinga · Apr 21, 2022

Amazon, SpaceX And Others Win $279M In NASA Contracts

Amazon.com Inc's (NASDAQ:AMZN) satellite venture, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-led SpaceX's Starlink network, and other satellite firms won a combined $278.5 million in contracts from NASA to demonstrate communications in space. Amazon's Project Kuiper, a planned network of over 3,000 satellites built to beam broadband internet to remote regions, won $67 million, Reuters reports. SpaceX's…

Benzinga · Apr 21, 2022

Looking At Amazon.com's Recent Whale Trades

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 · Apr 19, 2022

Amazon Is Hiring For Multiple Positions For AR Products

Amazon.com Inc (NASDAQ:AMZN) has been looking to hire for multiple roles for an unannounced AR/VR product, reflecting its plans of building a substantive team, the Protocol reports.  Amazon looks to fill many senior positions for computer vision scientists, designers, program managers, product managers, researchers, and technologists. Amazon looked for someone to develop…

Benzinga · Apr 19, 2022

If You Invested $100 In Amazon.com 10 Years Ago, Here's How Much You Would Have Today

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 10 years by 19.7% on an annualized basis producing an average annual return of 31.99%. Currently, Amazon.com has a market capitalization of $1.56 trillion.

Benzinga · Apr 14, 2022

Amazon Prices Will Go Up With Fuel Surcharge: Here's The Date To Remember

To keep up with the rising costs of fuel and inflation, a leading e-commerce company is increasing its prices. Here’s who will feel the impact and when it will take place.

Benzinga · Apr 14, 2022

Here's How Amazon Passed On Rising Fuel Costs, Inflation To Its Sellers

Amazon.com Inc (NASDAQ:AMZN) introduced a 5% surcharge to its delivery fees to shift the burden of the rising fuel costs and inflation, the Financial Times reports based on Amazon’s third-party sellers. Amazon will add the fee to the per-unit delivery cost implying the cost to deliver a T-shirt would rise from $5.07 to…

Benzinga · Apr 14, 2022

How to Invest in Edge Computing Technology

Edge computing is expected to play a significant role in the broader transformation of computing infrastructure. It is expected to offer a wide range of new and powerful computing services. Given this backdrop, it could be wise to bet on quality edge computing stocks Microsoft (MSFT), Akamai (AKAM), and International…

StockNews.com · Apr 12, 2022

Does Recent IPO Hour Loop Deserve a Place in Your Portfolio?

Online retailer Hour Loop (HOUR) made a stellar stock market debut in January this year, with its shares opening at a 63.8% premium to their offering price. However, the stock has since lost momentum due to its stretched valuation and the company’s bleak growth prospects. But as HOUR expands its…

StockNews.com · Apr 12, 2022