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The Latest Breaking News from Amazon.com Inc.

2 FAANG Stocks Wall Street Predicts Will Rebound by More Than 33%

Despite the expectation that the Fed will raise rates several times this year, investing in quality FAANG stocks could be rewarding as they are expected to generate steady returns. Wall Street analysts expect Amazon (AMZN) and Netflix (NFLX) to surge more than 33% in the near term.

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

1Huddle To Help Amazon's Audible In Employee Training

1Huddle To Help Amazon's Audible In Employee Training

Workforce tech company 1Huddle has signed a $1 million deal with Amazon.com Inc's (NASDAQ:AMZN) audio storytelling creator, Audible. The partnership will make 1Huddle's offerings available to Audible employees through onboarding and learning. 1Huddle's gamified approach will help Audible launch new ways to train and develop its employees, moving beyond traditional methods. "Data shows most traditional job training…

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Amazon Introduces Game Replicating Metaverse to Help Users Learn Cloud Computing

Amazon.com Inc (NASDAQ:AMZN) launched an online role-playing game to help the users pick up cloud-computing skills. AWS Cloud Quest: Cloud Practitioner allows the users to create their avatar who moves through a virtual city, helping its denizens solve technology-related cloud issues, CNBC reports. Also Read: Read How Facebook’s Metaverse Ambitions Are Shaping Up In Mark…

China's Lockdown Of Tech Hubs To Hamper Amazon, Walmart's Online Delivery: Report

China's recent lockdown looks to hamper the online order delivery of global e-commerce firms like Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT), Bloomberg reports. China had to initiate lockdowns and restrictions in its crucial manufacturing hubs like Shenzhen and Dongguan following a Covid-19 resurgence. Related Content: China Restricts Activities In Shenzhen, Shanghai Following Covid-19 Resurgence The…

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.

Amazon Gig Deliveryman Gets Shot Multiple Times, Raises Questions Over Amazon's Policies

A carjacker shot an Amazon.com Inc (NASDAQ:AMZN) gig deliveryman, multiple times injuring him while delivering packages in Chicago, Bloomberg reports. The victim, George Hunt, insisted Amazon notify the gig drivers in advance about the vicinities they will be delivering to decide if $30 an hour is worth the risk. Amazon instead penalizes drivers…

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Why Amazon Is Seeing Really High Interest From Retail Investors Today

Why Amazon Is Seeing Really High Interest From Retail Investors Today

Amazon.com Inc. (NASDAQ: AMZN) has emerged among the most-discussed stocks on Reddit’s r/WallStreetBets forum as of early Thursday.

Amazon Announces 20-For-1 Stock Split, Share Buyback: Here Are The Details

Amazon Announces 20-For-1 Stock Split, Share Buyback: Here Are The Details

Amazon.com Inc (NASDAQ: AMZN) made two big announcements after market close Wednesday.

Amazon.com Whale Trades For March 09

Amazon.com Whale Trades For March 09

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.

3 Blue-Chip Stocks with More Than 35% Upside Potential, According to Wall Street

3 Blue-Chip Stocks with More Than 35% Upside Potential, According to Wall Street

Blue-Chip stocks are attractive investments amid the current, heightened market volatility, which is being fueled by concerns about the economic ramifications of the Fed’s hawkish tilt and the war between Russia and Ukraine. Thus, Wall Street analysts expect fundamentally solid blue-chip stocks Alphabet (GOOGL), Amazon.com (AMZN), and Visa Inc. (V)…

US Lawmakers Urge DOJ To Probe Amazon: WSJ

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?

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

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.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

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

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 (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.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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