amzn stock

Job Posting Reveals Amazon (AMZN) Is Putting Advertising on Blockchain
August 8th, 2019

Amazon (AMZN) is on the hunt for a software development engineer to develop an Amazon advertising blockchain. They posted a job offer seeking for a development engineer for their advertisement blockchain.

Amazon (AMZN) Stock Drops on Weak Q2 2019 Earnings Report
July 26th, 2019

Amazon broadcasted mixed second-quarter results, scaling the purported sales predictions but missed the mark on income valuations as the AMZN stock drops $15 in after-hours trading.

Space, the Final Frontier: Amazon Launching Thousands of Internet Satellites
July 16th, 2019

According to FCC, with their Project Kuiper, Amazon wants to put 3,236 broadband satellites into orbit. There are almost 4B people in the world who don’t have access to reliable broadband internet and with this project, they intend to fill that gap.

50% Stock Surge Could Launch Amazon to $1.3 Trillion Valuation: Prominent Analyst
May 30th, 2019

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.

Apple Tops Forbes’ Most Valuable World Brands Crossing $200B Valuation
May 24th, 2019

Apple tops Forbes’ annual list of the world’s most valuable brands for the ninth straight time. The brand of the tech giant is worth $205.5 billion, up 12% over last year and it’s the first time a brand crossed the $200 billion threshold.

Berkshire Hathaway Buying Amazon (AMZN) Stocks, Buffet Says He Didn’t Do It
May 3rd, 2019

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 Launches Managed Blockchain Service, Nestlé and AT&T Already on Board
May 2nd, 2019

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 Reports Record Q1 Revenue Despite the Slowing Growth
April 26th, 2019

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.

Jeff Bezos Will Own 75% of Amazon (AMZN) Stock After Divorce
April 8th, 2019

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.

Amazon Just Made Online Shopping More Competitive
March 12th, 2019

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.