AMZN Jan 2024 162.500 call
| Previous Close | 2.4800 |
| Open | 3.0000 |
| Bid | 2.5300 |
| Ask | 2.6000 |
| Strike | 162.50 |
| Expire Date | 2024-01-19 |
| Day's Range | 2.7000 - 3.0000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1.56k |
Yahoo Finance VideoAmazon reportedly in talks to offer mobile service for Prime members
Amazon may be looking to offer a new service for its Prime members. Bloomberg News is reporting Amazon is in early talks with wireless companies to offer mobile phone plans for its U.S. Prime members. Yahoo Finance Tech Editor Dan Howley explains why Amazon may want to expand its Prime offerings.
PA Media: MoneyDelivery apps charge double for some supermarket groceries – Which?
Which? acknowledged that ordering groceries from the apps is ‘undeniably convenient’ but warned that it found ‘shocking’ price differences.
Motley FoolAmazon Is Considering a New Offering and it Could Spell Trouble for Verizon and AT&T
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."
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Amazon (AMZN) closed at $124.25 in the latest trading session, marking a +1.21% move from the prior day.
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Telecom stocks including AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS) were all pulling back Friday on some surprising news. According to Bloomberg, Amazon (NASDAQ: AMZN) is considering entering the wireless market, as it's held discussions about offering nationwide mobile phone service to Prime members, either for free or at a discount. Bloomberg said that Amazon is negotiating with Verizon, T-Mobile, and Dish Network (NASDAQ: DISH) to get a low wholesale price for service that it could then turn around and offer to Prime members for $10 a month or even free as an incentive to join and stick with the membership program.
BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime Members
(Bloomberg) -- Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime subscribers, according to people familiar with the situation.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the M
GOBankingRates10 Stocks That Could Be the Next Apple or Amazon
It's no surprise that when companies dominate their industries, their stock prices tend to have long-term success. How To Buy ChatGPT Stock: Your 2023 Guide to AI InvestingMore: 3 Things You Must Do...
Motley FoolWhy Dish Network Stock Is Soaring on Friday
Shares of Dish Network (NASDAQ: DISH) are up 17.1% as of 2:02 p.m. ET Friday in response to reports that Amazon (NASDAQ: AMZN) is considering a partnership with the company that could offer low-cost or no-cost wireless service to Amazon Prime subscribers. The same possibility was floated by The Wall Street Journal a little over a week ago. Perpetually looking for ways to attract and retain Prime subscribers (who tend to spend more at Amazon.com than non-Prime members), Amazon offers a suite of digital offerings like on-demand video, audiobooks, discounted restaurant delivery, and free shipping on most items ordered online.
- Reuters
UPDATE 3-US telecom stocks fall on report Amazon in talks for wireless services
Shares of Verizon Communications Inc , AT&T Inc and T-Mobile US Inc declined on Friday after a report said Amazon.com Inc was in talks with the U.S. telecom firms to offer low-cost wireless services to its Prime members. Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through these partnerships. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.
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- Reuters
US STOCKS-Wall St rises after jobs data; debt default averted
The tech-heavy Nasdaq index touched its highest intraday level in over 13 months and headed for its sixth straight week of gains, its best streak since January 2020. The Labor Department's closely watched employment report showed unemployment rate at 3.7% in May against a forecast of 3.5%, while average hourly earnings were at 0.3%, down from 0.4% in April, highlighting a cooling in wage inflation.
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Visit Amazon, and you'll likely find tons of deals on your favorite items -- from electronics, books and toys to clothing, jewelry and home goods. Although you're probably already getting a...
Motley FoolWhy Amazon Stock Jumped 14% in May
Shares of Amazon (NASDAQ: AMZN) stock gained 14% in May, according to data provided by S&P Global Market Intelligence. It's building on the momentum of a public craze about the possibilities of artificial intelligence (AI), as management announced its own generative AI efforts back in March and then debuted several new AI-powered devices in May. Amazon had been losing some steam over the past year as sales growth decelerated in the aftermath of astronomical pandemic growth, and profitability has been pressured as demand slows.
- Reuters
UPDATE 5-US telecom companies say not in talks with Amazon for wireless services
Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc to offer low-cost wireless services to its Prime members. Wireless shares fell Friday after Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through the partnerships, including a possible tie-up with Dish Network. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.
ReutersUS telecom companies say not in talks with Amazon for wireless services
Major U.S. wireless carriers on Friday said they not in talks with Amazon.com Inc to offer low-cost wireless services to its Prime members. Wireless shares fell Friday after Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through the partnerships, including a possible tie-up with Dish Network. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.
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For income-focused investors, dividend exchange-traded funds (ETFs) can be a great way to balance risk and return. That's because they represent a basket of stocks -- meaning ETF investors have built-in diversification.
ReutersNetflix, Disney, Amazon to challenge India's tobacco rules for streaming-sources
Streaming giants Netflix, Amazon and Disney on Friday privately discussed a possible legal challenge and other ways to stall India's new tobacco warning rules, amid fears they will need to edit millions of hours of existing web content, sources said. The pushback is the latest headache for streaming giants in India, a top growth market. As part of India's anti-tobacco drive, the health ministry this week ordered streaming platforms should within three months insert static health warnings during smoking scenes.
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With its dominance in the industry, it's hard not to mention Amazon (NASDAQ: AMZN) when discussing e-commerce stocks. The company has a massive lead in the market with its 38% share; Walmart holds the second-largest share at 6.3%. Amazon's authority in e-commerce means it has the most to gain from easing inflation and a market recovery.
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The e-commerce and tech giant is about to cash in on the investments it made over the past three years.
ReutersAmazon's India and South Asia head of cloud unit, Puneet Chandok, resigns
NEW DELHI/BENGALURU (Reuters) -The India and South Asia head of Amazon.com Inc's cloud division, Puneet Chandok, has resigned with effect from August 31, the company said on Friday. Chandok had taken the helm of Amazon Web Services in June 2019. Vaishali Kasture, currently head of enterprise for mid-market and global businesses at AWS India and South Asia, would take on the role of interim leader of commercial business for the unit, Amazon India said.
The IndependentAmazon staff spied on women in bedrooms and bathrooms through Ring cameras, US officials say
Company also accused of violating children’s privacy by failing to delete recordings made through Alexa
Yahoo Finance VideoTrillion-dollar companies: How wealthy are their CEOs?
Alphabet, Apple, Microsoft, and Amazon are just part of the elite group of companies that have market caps of $1 trillion or more. Their CEOs are paid handsomely, though some are getting pay cuts. Andy Jassy, CEO of Amazon, saw a huge dip in compensation, going from $212 million in 2021 to $1.3 million in 2022. Tim Cook, CEO of Apple, brought in $84 million in 2022, however, he is expected to see a 40 percent drop in 2023. The Yahoo Finance Live team breaks down the numbers.
Motley FoolIs It Too Late to Buy This Supercharged Stock?
Second, customers had less money to spend on Amazon.com and on the company's cloud computing services. As a result, Amazon reported a rare annual loss. As mentioned above, rising inflation has weighed on Amazon.
