|Day's Range||2.9500 - 4.3500|
J.P. Morgan and Wells Fargo raised their price targets on Netflix's stock and Amazon Pay adds Affirm's buy now, pay later service. Yahoo Finance Live breaks down how shares are reacting.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Wednesday's announcement with Amazon brought welcome reprieve to Affirm shares which have been beaten down heavily as investors question how many companies will be winners in the buy-now-pay-later space as Apple gets involved.
Shares of Roku (NASDAQ: ROKU) were surging today even as there was no major news out on the leading streaming distribution platform. Instead, investors seemed to be reacting to a number of smaller news items, including that Amazon was planning to launch an ad-based tier for Prime Video. As of 1:52 p.m. ET, Roku stock was up 11.6% as of 1:53 p.m. ET.
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Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Discussions around the ad tier have been going on for several weeks, according to the report, and follow the launch of similar plans by rivals Netflix and Walt Disney . The WSJ report also said Amazon was holding discussions with Warner Bros Discovery and Paramount Global about adding the ad-based tiers of their streaming services through Prime Video Channels.
Discussions around the ad tier have been going on for several weeks, according to the report, and follow the launch of similar plans by rivals Netflix and Walt Disney. The WSJ report also said Amazon was holding discussions with Warner Bros Discovery and Paramount Global about adding the ad-based tiers of their streaming services through Prime Video Channels. Warner Bros Discovery and Paramount did not immediately respond to Reuters' requests for comment, while Amazon declined to comment.
Shares of Palantir Technologies (NYSE: PLTR) charged sharply higher Wednesday, defying the broader market downturn and spiking as much as 11%. The catalyst that sent the artificial intelligence (AI) and data mining specialist higher was the company's latest deal, which marks the third such announcement this week. Palantir announced a new multi-year partnership to bring "smart factory" technology to Panasonic's (OTC: PCRFY) manufacturing facility in Nevada.
(Bloomberg) -- Amazon.com Inc. will allow eligible US retailers using the online retail giant’s Amazon Pay service to offer Affirm Holdings Inc.’s buy now, pay later product under a new agreement between the two companies.Most Read from BloombergThese Are the World’s 20 Most Expensive Cities for Expats in 2023George Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailDam Destroyed in the Dead of Night Upstages Ukraine’s CounteroffensiveFlights to LaGuardia Airport Grounded as S
Investing.com --- Amazon (NASDAQ:AMZN) reportedly plans to launch an-advertising-supported tier of its Prime Video steaming services as part of move to bolster growth from entertainment, The Wall Street Journal reported Wednesday, citing unnamed sources.
A strong U.S. consumer signals a bright future for these three attractively valued industry leaders.
Dish Network (NASDAQ: DISH) is reportedly partnering with Amazon (NASDAQ: AMZN) in order to get into 5G cellular plans. Could this be an expansion of Prime or a new product line from Amazon? In this video, Travis Hoium covers what we know so far and how old this partnership is.
Investing.com -- Palantir Technologies Inc (NYSE:PLTR) has announced a multi-year deal to provide its data-analytics platform to a unit of Japanese conglomerate Panasonic (TYO:6752) (OTC:PCRFY), the company said in a statement on Monday.
This ad tech firm has a history of double-digit revenue growth, but is now confronted with a downturn in the advertising industry.
These stocks are already performing well but could kick into higher gear in a new S&P 500 bull market.
No company on the planet commands a greater market cap than Apple (NASDAQ: AAPL) right now. At its current pace, Apple appears to be a lock to reach $5 trillion in market cap within the next few years. Nvidia flirted with the $1 trillion level, but there are currently only four stocks other than Apple with market caps above the $1 trillion.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there's one historically cheap industry leader begging to be bought and another outperformer that's priced for perfection.
Canadian investors can chase their own version of the American dream if they choose to snatch up BMO S&P 500 Index ETF (TSX:ZSP). The post Don’t Miss Out on the American Dream: Invest in the S&P 500 for Long-Term Wealth appeared first on The Motley Fool Canada.
Target (NYSE: TGT) is one of the best-known big-box retail giants. Let's discuss what is dragging the stock lower, and why Target is looking like a great dividend stock to buy now despite some concerns. Over the past month, its stock is drastically underperforming the S&P 500, the consumer discretionary sector, the retail industry, and even peers like Walmart (NYSE: WMT) and Costco Wholesale (NASDAQ: COST).
Costco is one of them, as it allows us to keep our credit card bills down in the course of feeding our family. When I say that my husband and I shop at Home Depot, what I really mean is that he makes a shopping list and picks out what he needs, and I go along for the company. Before you head to Home Depot, do your research.
Amazon (AMZN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Amazon Canada and DoorDash announced today a new exclusive offer for Prime members across Canada. Starting today, new and existing Prime members can now sign up for a free one-year DashPass (a $120 value), and benefit from unlimited $0 delivery fees on eligible orders, 5% back in DoorDash credit on eligible Pickup orders, and exclusive promotions and deals. This is on top of the shipping, shopping, and entertainment benefits Prime members already enjoy, at no additional cost.