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AMZN News Highlights

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Latest AMZN News From Around the Web

Below are the latest news stories about Amazon Com Inc that investors may wish to consider to help them evaluate AMZN as an investment opportunity.

Amazon Seeking Stake in Indian Theatre Chain Inox – Report

Amazon (AMZN) is seeking to purchase stakes in several Indian film and media businesses, according to a report by The Indian Express newspaper. Inox Leisure, a theatre chain based in Mumbai, is among Amazon’s potential targets, according to the report citing confidential sources. Inox Leisure’s promoters control a 43.63% stake in the company while public investors own 56.23%. The chain operates 648 screens and has a bigger presence in the western part of India. Inox’s business has been adversely affected by the COVID-19 pandemic. It made a loss of 257 crore Indian rupees in the fiscal year ended March 2021.

Neha Gupta on TipRanks | July 27, 2021

Earnings: 3 ‘Strong Buy’ FAANG Stocks to Watch This Week

The second quarter earnings reporting season is well underway, and this week will feature something of a ‘main event,’ when most of the FAANG stocks (that’s Facebook, Amazon, Apple, Netflix, and Google) will report their quarterly results. We have heard from Netflix already – and the streaming giant admitted to a rough Q2. The rest of the FAANGs, however, are likely to play a different tune. Amazon, Facebook, and Alphabet all have proven records of high revenue and earnings performance, and all three boast trillion-dollar-plus valuations.

Michael Marcus on TipRanks | July 27, 2021

Stock Split in the Stars for Amazon?

Over the last year and a half, retail investors have driven volatility in capital markets, causing spikes in several mega-cap stocks, such as Tesla, Inc. (TSLA) A stock split, wherein a company decides to formally divide its share price into smaller fractions, makes a formerly expensive stock more accessible to these traders. Additionally, a stock’s options premiums can be exorbitantly expensive, so splitting the underlying price can bring those down as well., Inc. (AMZN) has not split its stock since 1999.

Brock Ladenheim on TipRanks | July 27, 2021

Intel Reveals 2025 Roadmap; Makes Qualcomm and AWS Clients

To reclaim its position in the global chip making race, Intel (INTC) has revealed a detailed process and packaging technology roadmap that guides through a series of innovations to power products through 2025 and beyond. Following the announcement, shares of the multinational technology company slipped 2.4% in the pre-market trading session. (See Intel stock chart on TipRanks) The company introduced two breakthrough process technologies, RibbonFET ­(Intel’s first new transistor architecture) and PowerVia (a backside power delivery method). It also announced a new naming structure for its process nodes, expected to be launched over the next four years, to help customers with a more accurate view of process nodes across the industry.

Radhika Saraogi on TipRanks | July 27, 2021

Amazon eyes potential stake in Indian film, media businesses; Inox denies talks

Amazon India is planning to expand its content streaming platform Prime Video and is reportedly evaluating three to four deals.

DealStreetAsia | July 27, 2021

Rivian ready to invest $5 billion in second U.S. assembly plant -document

WASHINGTON/DETROIT Inc -backed Rivian plans to invest $5 billion initially in its second U.S. electric vehicle assembly plant, according to a company document shared with state economic development officials. The plant, dubbed Project Tera, requires an estimated 10,000 acres of land according to a revised economic development document seen by Reuters, but economic []

Financial Post | July 27, 2021

Amazon Denies Report That It Plans To Accept Bitcoin Payments

Video source: YouTube, Yahoo Finance Inc (Nasdaq: AMZN ) has denied a media report on Monday that the e-commerce giant was planning to accept bitcoin payments by the end of 2021. The report from Londons City A.M. newspaper, a publication distributed for free on the London Underground, cited an unnamed insider, who also claimed Amazon had plans to eventually develop its own cryptocurrency. In a statement , an Amazon spokesperson rejected the report, saying Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true. We remain focused on exploring what this could look like for customers shopping on Amazon. The company also acknowledged that it is exploring what the use of cryptocurrencies could look like ...

Equities | July 27, 2021

Anticipating Constructive FAANG Earnings with TQQQ

With earnings reporting in full swing, markets have their eyes turned to the large movers as Apple, Google, Fb, Amazon, and Microsoft are on account of report this week. With earnings studies enthusiastically constructive general, many need to seize a chunk of the earnings pie as inflation fears proceed to drift within the background. InvestorPlace [] The post Anticipating Constructive FAANG Earnings with TQQQ appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

FXNews24 | July 27, 2021

16 reasons to feel good about buying from Amazon, and 7 reasons not to (AMZN)

Summary List Placement Amazon uses green energy for much of its energy needs Amazon was the world''s largest corporate purchaser of renewable energy in 2020. It also reported using 65% renewable energy to power their business operations in the past year. Amazon plans to reach net-zero carbon emissions by 2040 Amazon spearheaded and is one of 53 global companies to have signed The Climate Pledge . As part of the pledge, Amazon produced its own plan for how it can reach net-zero carbon emissions by 2040. Amazon offered high bonuses throughout the pandemic Amazon gave out over $2.5 billion in bonuses and hazard-pay incentives as part of its COVID-19 response in 2020. Amazon has set up COVID-19 vaccine sites for its employees Amazon offers its frontline employees on-site COVID-19 vaccinatio...

Business Insider | July 27, 2021

Investor Alert: Canadians Can Buy Amazon Stock for Under $25 Today

Just $25 can buy you a stake in stock in Canada now, thanks to the NEO Exchange and CIBC''s latest innovation. The post Investor Alert: Canadians Can Buy Amazon Stock for Under $25 Today appeared first on The Motley Fool Canada .

The Motley Fool Canada | July 27, 2021

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