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.
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.
In this article, you’ll find out how to minimize your overall portfolio risk with a hedge against the stock and cryptocurrency market using innovative implementation of blockchain tech.
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.
Goldman Sachs analyst is sure, Netflix (NFLX) stock is all set to soar 80% in a year from now. Here’s a look into how Netflix will lead the video-streaming industry which is likely to see stiff competition in the next few years.
The Dow Jones Industrial Average is up 329.74 points. Stocks strengthened worldwide as strong manufacturing data out of the world’s second-largest economy helped allay investor concern about a slowdown in global growth.
Alphabet’s Google unveiled its new cloud-based video-game playing and sharing platform, Stadia, at the Game Developers Conference in San Francisco on Tuesday afternoon.