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The Latest Breaking News from Amazon.com Inc.

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Benzinga

India's Tata Group Goes Head On With Amazon, To Roll Out New Super App For All Shopping Needs

The Indian conglomerate Tata Group will roll out an all-in-one e-commerce app allowing users to buy everything from apparel to airline tickets, Bloomberg reported. Mumbai-based Tata Digital Pvt’s digital services platform, Tata Neu, will go live to consumers on April 7. The report noted Tata Neu is expected to give more power to…

Benzinga

Amazon's Business Practices Catches SEC's Attention

The SEC investigated Amazon.com Inc's (NASDAQ: AMZN) disclosure norms for some of its business practices, including how it uses third-party-seller data for its private-label business,

Benzinga

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The potential for aggressive interest rate increases by the Federal Reserve this year, further Western sanctions against Russia, and intensifying supply chain disruptions have caused the market to suffer another selloff. Therefore, investors seeking to avoid market volatility and generate stable returns could consider betting on quality mega-cap stocks UnitedHealth…

StockNews.com

3 Top Telecom Stocks to Add to Your Watchlist

The telecom industry has been leveraging strong consumer demand amid the remote culture to fuel its growth despite several industry headwinds. Thanks to the acceleration of IoT and 5G network deployment, rapid technological advancement, and increasing demand for broadband services, popular telecom companies KT Corp (KT), Telenor (TELNY), and InterDigital…

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Amazon To Invest $10B In Sending Internet Satellites To Space, Firing Up Rivalry With Elon Musk's Starlink

Amazon.com Inc (NASDAQ:AMZN) forged deals to launch up to 83 rockets carrying its internet satellites into low earth orbit, firing up rivalry with Tesla Inc (NASDAQ:TSLA) chief Elon Musk's Starlink, the Financial Times reports. Starlink has launched more than 2,000 satellites and boasted download speeds of 200 megabits per second. The agreements with Arianespace,…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Tuesday, April 5

CNBC

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Amazon Looks To Block 'Union,' 'Living Wage,' Or 'Freedom' Keywords On Internal Messaging App: Report

Amazon.com, Inc (NASDAQ: AMZN) is reportedly planning on flagging and blocking certain keywords linked to unions on its internal messaging app.

Benzinga

Amazon's Unionization Would Hit Its Profitability, Morgan Stanley Says

Morgan Stanley analysts saw Amazon.com Inc's (NASDAQ:AMZN) unionization decision driving costs, CNBC reports. Morgan Stanley analysts saw Amazon's 2023 operating expenses increasing by $203 million on hiking JFK8 employees' hourly wages to $29. It served a tiny fraction of Amazon's annual operating costs, which reached $445 billion in 2021. Every 1% of Amazon's front-line…

Benzinga

This Bitcoin-Related Company Has A Better 2-Year Return Than Tesla, Ford, Microsoft, Apple, Disney, Netflix And Amazon

Riot Blockchain Inc (NASDAQ: RIOT) is a leader in North American Bitcoin (CRYPTO: BTC) mining activities, and over the past 2 years, has produced eye-popping returns for investors.

Benzinga

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

Benzinga

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

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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.

Benzinga

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…

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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.

StockNews.com

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.

Benzinga

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

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.

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