Apple (AAPLE) stock has begun dropping after it was revealed that the company, as well as other tech giants, may face an antitrust probe.
Pivotal Research analyst Michael Levine has a price target on Amazon stock of $2,750 a share, the highest on Wall Street according to Tip Ranks. That’s well above second-highest forecast, that had $2,500 target.
Berkshire Hathaway just bought its first Amazon shares but Warren Buffet said it wasn’t him who did it even though he publicly praises both Amazon and its CEO Jeff Bezos.
Amazon is making its entry into the blockchain space, via a new tool available through its AWS (Amazon Web Service) to “create and manage scalable blockchain networks” via open-blockchain networks like Ethereum.
Amazon reported better-than-expected Q1 profits Thursday but is experiencing slower revenue growth. That slower growth comes after growth in the segment was triple-digit or near-triple-digit for four consecutive quarters.
Amazon founder and CEO Jeff Bezos will keep 75% of the shares in the ecommerce giant that were jointly held with his wife, MacKenzie — and he retain full voting control of all of the couple’s shares — after the two finalized terms of their divorce.
Facing intensifying criticism from politicians and sellers on Amazon’s aggressive policies quite for a while, the company finally decided to let third-party sellers offer lower prices on other sites.
Mexico’s central bank is in talks with Amazon to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes.
Encouraging signs on the U.S./China trade talks sent stock prices sharply higher pushing the Dow index up. Here’s what we know about Amazon (AMZN), Apple (AAPL), and Tesla (TSLA) stocks.
Amazon said on Monday that it’s acquiring Eero, a developer of internet routers that can be easily connected in the home. While the terms of the deal weren’t disclosed, this deal could significantly lift AMZN stock.