Amazon Stock News

Add Amazon.com Inc. to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the US giant in…

NEW YORK, March 10 — Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant’s common stock and authorized a US$10 billion (RM41.8 billion) buyback plan, sending the company’s shares up 7 per cent in…

(Reuters) – Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant’s common stock, as well as authorized the repurchase of up to $10 billion of its stock.

(Reuters) – Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the e-commerce giant’s common stock, as well as authorized the repurchase of up to $10 billion of its stock. Shares of Amazon rose 8% in extended trading. Trading is expected to begin on a split-adjusted basis on June 6, the company … Read More

Amazon.com Inc. said it will split its stock 20-1 subject to a vote of shareholders scheduled May 25. The shares jumped about 7% in extended trading on the news.

Amazon Soars After Announcing 20-For-1 Stock Split, $10 Billion Stock Buyback Finally validating a market rumor that had been circulating for years, moments ago Amazon whose stock has tumbled this year, announced that it would split it stock price 20-for-1 . The company also announced plans for a $10 billion stock buyback, which while novel is not exactly unprecedented and back in February we reported that for the first time in a decade, the company had repurchased a little over $1 billion. The question here is whether what is clearly an act of desperation to keep the stock propped up by appealing to retail investors who may find the lower price "cheaper" - as a reminder the last time AMZN did a stock split was in 1999, just before the market crashed - is the beginning of a bright new future for the company, or just confirmation that the best days for Amazon are now behind it. For now the answer is the latter, with the stock surging as much as 10% after hours, from $2780 to $3,090 following the news.

Amazon.com Inc said on Wednesday its board approved a 20-for-1 split of the company''s common stock.

Amazon.com stock (AMZN) jumped 9.9% after hours Wednesday as it announced a 20-for-1 stock split alongside a $10 billion buyback authorization. Developing story ..

Someone with a lot of money to spend has taken a bearish stance on Amazon.com (NASDAQ: AMZN ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with AMZN, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 268 uncommon options trades for Amazon.com. This isn''t normal. The overall sentiment of these big-money traders is split between 34% bullish and 65%, bearish. Out of all of the special options we uncovered, 151 are puts, for a total amount of $11,028,858, and … Full story available on Benzinga.com

Amazon.com (AMZN +2.4%) has stepped up its efforts in support of Ukraine, amid a Russian invasion, by saying it''s suspended shipment of retail products to customers based in Russia…

WASHINGTON (AP) — Lawmakers followed through Wednesday on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether the tech giant and senior executives obstructed Congress or violated other federal laws in testimony on its competition practices. The House Judiciary Committee escalated the bipartisan battle against the world’s biggest online retailer with a letter to Attorney General Merrick Garland referring the case for a criminal inquiry. Amazon engaged in misleading conduct that appeared designed to “influence, obstruct or impede” the antitrust subcommittee’s 2019-20 investigation into the market dominance of Big Tech, the letter says. As an example, it cited testimony by a senior Amazon official maintaining that the company doesn’t use the data it collects on third-party merchants on its platform to compete with them, and doesn’t list its own products in customer search results before those of third parties. Those assertions have been contradicted by credible news reports, the letter says.

Analysts noted that Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google announced an all-cash acquisition for cyber security vendor Mandiant Inc (NASDAQ: MNDT ) for $23 per share, valued at $5.4 billion. This deal is all about Mandiant being further integrated into Google Cloud with more cyber threats facing enterprises/governments on the transformational shift to cloud and Mandiant establishing itself as "the Navy Seals of cyber security" over the last decade, Wedbush analyst Daniel Ives contended. Ives believes this deal will have a significant ripple impact across the cyber security space. It will pressure cloud stalwarts Amazon.com Inc (NASDAQ: AMZN ) … Full story available on Benzinga.com

U.S. lawmakers asked the Justice Department to launch a criminal investigation into Amazon.com Inc. and some of its executives for allegedly lying to Congress.

Amazon Prime Video – the streaming service by Amazon Inc (NASDAQ:AMZN) – is turning to Nigeria for content by striking streaming deals with some of the country’s most successful studios. At present, the African nation is one of the hottest filmmaking industries on the planet. Q4 2021 hedge fund letters, conferences and more Deals As […]