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AMZN Jun 2023 69.000 call

OPR - OPR Delayed Price. Currency in USD
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30.900.00 (0.00%)
As of 03:13PM EDT. Market open.
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Previous Close30.90
Open76.55
Bid0.00
Ask0.00
Strike69.00
Expire Date2023-06-16
Day's Range30.90 - 76.70
Contract RangeN/A
Volume2
Open Interest299
  • Yahoo Finance Video

    Why Amazon buying AMC doesn't make sense, analyst argues

    Amazon (AMZN) buying AMC (AMC) would be a huge mistake, according to one Wall Street analyst. Speculation spread on Tuesday of a potential bid from the tech giant after a substack post from The Intersect. Shares of AMC spiked more than 15% on the news Tuesday, before Pachter and Wedbush wrote to clients the deal was “unlikely.” Pachter highlights there’s been no indication that AMC wants to sell itself as one of the key reasons the deal is unlikely. And even if AMC did want to sell itself, Amazon could find a more attractive option anyway, according to Pachter. The analyst points to Cineworld (CINE.L), which filed for bankruptcy earlier this year, as a better potential target for Amazon. Given the bankruptcy, Cineworld’s screens could sell for roughly $600 million less than an AMC screen and therefore would be a significantly better purchase. In the video above, Yahoo Finance’s Dave Briggs and Seana Smith discuss the potential purchase with Pachter. Key Video Moments 00:00:05 - Why a Cineworld purchase makes sense 00:01:18 - Pachter explains case for a downgrade on Amazon.

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    Microsoft is dominating the AI wars…for now

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    Tech layoffs: Yes, there's a better way to fire people. Is Big Tech doing it? No way.

    Big Tech has already laid off more than 150,000 workers in 2023. In some ways, it's the same story over and over – these companies are not only all conducting layoffs, they're using a lot of the same strategies to do so. However, just because they're all doing it, doesn't mean they're best practices, experts say.