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The Latest Breaking News from Amazon.com Inc.

Amazon Set To Split 20:1 - What Does A Close Historical Comparison Say Will Happen Next?

(NASDAQ: AMZN) is ready to split their shares on June 3rd, 2022.

Benzinga

Apple vs. Amazon: Which FAANG Stock is a Better Buy?

In this article I will analyze and compare Apple (AAPL) and Amazon.com (AMZN) to determine which FAANG stock is currently a better investment.

StockNews.com

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga

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'Nowhere Else To Go But Up': Jim Cramer Calls The Bottom In Amazon, Meta Platforms And This FAANG Stock

Jim Cramer is calling a bottom in three popular FAANG names that have been beaten down in 2022.

Benzinga

Here's Everything To Know About Amazon's Cloud Cam Product Restructuring

Amazon.com Inc (NASDAQ:AMZN) looks to shut down its smart home camera, the Cloud Cam, and its companion apps after five years of launch, the TechCrunch reports. The Cloud Cam was one of Amazon’s first entries into the area of Alexa-connected home security devices. Post that, Amazon acquired the connected camera and doorbell…

Benzinga

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 502 strange trades.

Benzinga

Is Amazon Stock Trading At A Valuation Not Seen 'Literally Since The IPO 20 Years Ago?'

After more than doubling its warehouse space over the course of the COVID-19 pandemic, Amazon.com Inc (NASDAQ: AMZN) is dealing with overstaffing issues, but one analyst believes it's already priced into the stock.

Benzinga

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5 Warren Buffett Stocks Wall Street Predicts Will Rally 60% or More

The stock market has been experiencing wild swings lately due to investors’ macroeconomic and geopolitical concerns. Amid volatile economic conditions, renowned investor Warren Buffett’s top portfolio holdings could be worth watching. Wall Street analysts expect Warren Buffett stocks Amazon.com (AMZN), RH (RH), StoneCo (STNE), Snowflake (SNOW), and NU Holdings (NU)…

StockNews.com

Is NFL Launching Its Own Streaming Service?

The National Football League (NFL) will likely launch its streaming service, NFL+, as early as July, the Sports Business Journal reports.

Benzinga

Amazon Opens First Fashion Retail Store: Reuters

Amazon.com Inc (NASDAQ:AMZN) has opened its first physical clothing store in Los Angeles, Reuters reported. The store, called Amazon Style, is located in Los Angeles. The store will deploy machine-learning technology to help customers find clothes of their choice. Amazon also will provide customers shopping on the app to try out their…

Benzinga

Elon Musk's Net Worth Falls Below $200B With Tesla Stock Crash

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is no longer in the $200 billion club, of which he was the sole member, after the electric vehicle maker’s latest stock plunge, Bloomberg News

Benzinga

Amazon Shareholders Seek To Question Pay, Tax, Working Conditions in CEO Andy Jassy's First Annual Meet

Amazon.com Inc (NASDAQ: AMZN) shareholders look to challenge its executive pay, tax transparency, working conditions, and unionization as CEO Andy Jassy faces his first annual meeting,

Benzinga

This Investor Just Swapped Amazon Stock For Meta Platforms: Here's Why

One investor is shaking up her exposure to FAANG names after finding a valuation opportunity.

Benzinga

Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga

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Here's Why Citi Remains Bullish On Amazon Despite Knocking It Off Focus List

Citi analyst Ronald Josey considers Amazon.com Inc (NASDAQ: AMZN) vulnerable to softening consumer spending trends.

Benzinga

What Are Whales Doing With 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.

Benzinga

Amazon-NLRB Face Off Gets Murkier

U.S. labor board prosecutors look to accuse Amazon.com Inc (NASDAQ:AMZN) of threatening staff against unionizing, proposing paying them minimum wage, and punishing an employee for seeking a paid Juneteenth holiday, Bloomberg reports. The National Labor Relations Board will file a complaint pending Amazon's settlement. Also Read: GameStop Faces Class Action Lawsuit For Alleged Breach…

StockNews.com

2 ETFs to Avoid After Goldman Sachs Warns of a Slowdown in Consumer Spending

As Goldman Sachs warns of a potential slowdown in consumer spending in the coming months, given multi-decade high inflation and Fed's impending interest rate increases, we think it could be wise to avoid consumer discretionary ETFs SPDR Select Sector (XLY) and Vanguard (VCR). Read on to learn more.

Get all your
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100’s of premium titles.
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Benzinga

This Investor Is Comfortable Holding Apple Stock, But Is Concerned About Amazon: Here's Why

UBS upgraded the technology sector to Overweight on Wednesday morning, but Requisite Capital Management's Bryn Talkington splashed caution on the analyst firm's call.

Benzinga

5 American Stocks To Buy To Bet On An Economic Rebound: From Amazon To Coca-Cola

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022.

StockNews.com

5 Stocks to Avoid on a Slowdown in E-Commerce Sales

Amid vexing inflation and hawkish federal monetary policy stance, the e-commerce sector suffered a significant earnings decline in its latest quarter. Given the bearish market sentiment, we think it could be wise to now avoid overvalued e-commerce stocks Etsy (ETSY), eBay (EBAY), Shopify (SHOP), Amazon.com (AMZN), and Wayfair (W). Read…

Benzinga

Amazon Terminates Employees Linked To Warehouse Union

Amazon.com, Inc (NASDAQ: AMZN) sacked two employees linked to an organizing campaign that led to the company’s first-ever unionized warehouse in the U.S.,

StockNews.com

Buy The Dip: 4 Mega-Cap Stocks Wall Street Predicts Will Rally 28% - 58%

Concerns over historically high inflation, the Fed's aggressive interest rate increases, deepening supply chain issues due to rising COVID-19 cases worldwide, and the Russia-Ukraine war drove a broad sell-off in U.S. stocks last month. However, the market sell-off has created opportunities to buy high-quality mega-cap stocks at bargain prices. Thus,…

Benzinga

Amazon.com Whale Trades Spotted

Benzinga

Money Talks? The Link Between Congressional Stock Trading And Corporate Lobbying

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