Just think of it as Amazon trying to make sure you have plenty of breaktime during your favorite shows to, you know, grab a snack, use the.....
Continue ReadingThe entertainment world is all about streaming video these days, and some promising news about that technology pushed Paramount Global's (NASDAQ: PARA) stock higher on Hump Day. In an article covering Amazon's (NASDAQ: AMZN) plan to offer an ad-supported version of its Prime Video streaming service, The Wall Street Journal said that Paramount could deepen its relationship with the monster retailer. Citing "people familiar with the situation," Paramount is currently in discussions with Amazon to add the ad-supported tier of its own streamer (Paramount+) to Prime Video...
Continue ReadingE-commerce and cloud giant Amazon is trying to do too many things and should scale back, says Bernstein analyst Mark Shmulik. He has an Outperform rating on Amazon stock with a $140 price target...
Continue ReadingGameStop fires CEO Matt Furlong, CNN CEO Chris Licht steps down, and Bernstein Analyst Mark Shmulik sends an open letter to Amazon CEO Andy Jassy urging the company to refocus. Yahoo Finance Live breaks down some of the top stories of the day...
Continue ReadingThe article presents adj. operating income PEG comparisons for major tech companies: Apple, Meta, Google, Microsoft, and Amazon. See my thoughts on these stocks here...
Continue ReadingAmericans in the Northeast are experiencing extreme air quality conditions due to wildfires raging across Canada. Orange-tinged images of New York City took over social media on June 7 as city officials instructed residents to remain indoors whenever possible...
Continue ReadingAmazon Prime Video is considering an ad tier streaming service, according to a report from the Wall Street Journal. Yahoo Finance Live discusses what it could mean for the streaming industry...
Continue ReadingJ.P. Morgan and Wells Fargo raised their price targets on Netflix's stock and Amazon Pay adds Affirm's buy now, pay later service. Yahoo Finance Live breaks down how shares are reacting...
Continue ReadingShares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer discretionary sector while video streaming companies Warner Bros Discovery and Paramount Global rallied. Amazon shares deepened losses after a Wall Street Journal report said the online retailer and video streamer is planning an advertising-supported tier for its Prime Video streaming service and that it is in talks with Warner Bros Discovery and Paramount about including ad-based tiers of their streaming services through Amazon Prime Video Channels...
Continue ReadingShares in Amazon.com closed down 4.2% on Wednesday, leading declines in the S&P 500 consumer discretionary sector while video streaming companies Warner Bros Discovery and Paramount Global rallied...
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