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The Latest Breaking News from Amazon.com Inc.

3 Stocks That Could Deliver a Fortune Over the Next Decade

The lingering inflation and the Fed’s rate hikes are keeping investors anxious. However, we think fundamentally solid stocks Advanced Micro (AMD), Palo Alto (PANW), and Amazon (AMZN), which grew at an impressive pace over the past years, are poised to deliver a fortune over the next decade as well. Thus,…

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This Analyst Explains Why He Sees Amazon's Cloud Unit Reaching A Valuation Of $3T

Redburn Ltd analyst sees Amazon.com, Inc (NASDAQ: AMZN) Amazon Web Services poised for a $3 trillion value, almost triple Amazon's present worth.

Benzinga

Happy Birthday Elon Musk: 51 Facts And Figures About Tesla, SpaceX CEO On His 51st Birthday

One of the world’s most well-known CEOs, Elon Reeve Musk was born June 28, 1971, in South Africa and is celebrating his 51st birthday in 2022. Known for his use of memes on social media, including mentions of popular jokes involving 69 and 4/20, it might come as a surprise that…

Benzinga

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Russia Fined These US Companies Over Data Privacy Breach

A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports. Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million…

Benzinga

Prince Harry And Meghan Said To Have Roped In Oscar-Nominated Filmmaker To Direct Netflix Reality TV Show

Prince Harry and Meghan Markle have reportedly hired “Lost Girls” fame director Elizabeth Freya Garbus to direct their Netflix Inc (NASDAQ: NFLX) reality television program.

Benzinga

RBC Capital Slashes Price Targets Of Meta, Alphabet, Pinterest, Amazon - Read Why

RBC Capital analyst Brad Erickson dove in deep with SMB-focused advertising agencies for near-term spending feedback and the ever-evolving competitive landscape across different ad channels.

Benzinga

This Is What Whales Are Betting On 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

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Ad Industry's Biggest Conference Returns With New Winner: Find Out Who

The advertising industry's biggest conference has returned with a new winner Amazon.com, Inc (NASDAQ: AMZN), after a two-year break, Bloomberg reports. Amazon occupied a portion of the beachfront at the annual Cannes Lions show with the "Amazon Port," its most extensive showcasing at the conference yet reflecting its growing significance. Tech companies like Alphabet Inc (NASDAQ:GOOG)…

Benzinga

Citi's Key Takeaways On Amazon's Recent Management Reshuffle

Citi analyst Ronald Josey revisited Amazon.com Inc's (NASDAQ:AMZN), naming veteran executive Doug Herrington as CEO of Worldwide Amazon Stores (renamed from Worldwide Consumer) and promoting John Felton as its new head of Operations. Given this announcement comes ~2 weeks post Dave Clark's resignation, Josey expected minimal disruption to store operations. While Josey recognized the challenges…

Benzinga

'That's As Cheap As It's Traded In A Long Time': Why This Investor Trimmed Alphabet To Buy Amazon Stock

Farr, Miller & Washington's Michael Farr is shaking up his exposure to mega-cap tech.

Benzinga

AMZN After the Split: Buy, Sell, Or Hold?

E-commerce giant Amazon.com (AMZN) completed its much talked about 20-for-1 stock split on June 06, 2022, which led its shares to trade below $1000 for the first time since 2017. However, given its premium valuation and rising operational challenges, is it worth owning the stock now? Let’s find out.

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Strong Demand For Rivian's Electic Vehicles, Time To Buy?

Electric vehicle maker Rivian Automotive’s (RIVN) efforts to diversify its consumer and commercial vehicles portfolio have helped it witness substantial demand. But unfortunately, the company faces various challenges, including supply chain hold-ups and rising input costs. Moreover, given that the stock’s negative profit margin could be a deterrent amid recession…

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Looking At Amazon.com's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish 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's 2022 Prime Day Is Back: Here's The Schedule And What You Need To Know

Amazon.com Inc.'s (NASDAQ: AMZN) annual Prime Day shopping event is slated to return in July.

Benzinga

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Why Amazon Stock Jumped 5% Today

Amazon.com Inc (NASDAQ: AMZN) shares surged Wednesday following the Federal Reserve's rate hike announcement.

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 209 strange trades.

Benzinga

Read Rosenblatt's Take On Amazon

Rosenblatt analyst Barton Crockett updated Amazon.com Inc (NASDAQ: AMZN) for the 20-1 share split completed on June 6.

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3 Buffett Stocks to Buy on the Dip

Warren Buffett’s strategic investment decisions have been a guide for retail inventors for decades. And we think investors should consider buying the dip in these fundamentally solid stocks from his portfolio, Apple (AAPL), Amazon.com (AMZN), and Occidental Petroleum (OXY) now.

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Here's How Amazon Aims To Evade EU's Hefty Antitrust Penalties

Amazon.com, Inc (NASDAQ: AMZN) looks to share marketplace data with sellers and boost the visibility of rival products on its platform, Reuters reports.

Benzinga

Amazon's Encrypted Chat App Faces Charges Of Child Abuse

Amazon.com, Inc (NASDAQ:AMZN) Amazon Web Services' encrypted messaging app Wickr Me has become a thriving destination for the exchange of child sexual abuse images, the NBC News reports citing court documents, online communities, law enforcement, and anti-exploitation activists. Experts and law enforcement officials alleged Amazon hardly addressed the problem, further encouraging such activities…

Benzinga

$100 Invested In Amazon.com 5 Years Ago Would Be Worth This Much Today

Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 5 years by 8.82% on an annualized basis producing an average annual return of 19.71%. Currently, Amazon.com has a market capitalization of $1.23 trillion.

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After its Stock Split, is Now a Good Time to Buy Amazon.com?

E-commerce giant Amazon.com (AMZN) administered a 20-for-1 stock split on June 6. So, shares of AMZN are currently trading below $1,000 for the first time since 2017. However, given the company's bleak growth prospects and significant operational headwinds, is AMZN a good buy now? Read more to learn our view.

Benzinga

Amazon Chief Addresses Consumer Chief Exit, Risky Bets, Streaming Business, Union and More

Amazon.com, Inc (NASDAQ: AMZN) chief Andy Jassy in an interview at the

Benzinga

If You Invested $1000 in Amazon When Jeff Bezos Quit As CEO, Here's How Much You Would Have Now

Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos was the CEO of the e-commerce giant for 27 years. The company was launched from Bezos’ garage in Bellevue, Washington on July 5, 1994, as an online book store.

Benzinga

Amazon's Consumer Chief Is Jumping Ship To Head This Logistics Startup

Amazon.com, Inc’s (NASDAQ: AMZN) consumer chief Dave Clark is all set to become the CEO of Flexport, a technology platform for global logistics.

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