Amazon plans new video app for Fire TV users: The Information

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Go back to Amazon plans new video app for Fire TV users: The Information

KeyBanc Defends Roku Inc. (Roku), Reiterates Overweight Rating & $67 PT; 'Plenty of Room (for Roku & Amazon) at Expense of Traditional Media'

August 29, 2018 8:23 AM EDT

KeyBanc analyst Evan Wingren maintained the price target on Roku Inc. (NASDAQ: ROKU) at $67.00 while maintaining a Overweight rating, following reports of Amazon working on a free channel.

Analyst Wingren remains positive on the long-term outlook for ROKU, despite news that Amazon is... More

Roku (ROKU) Set to Open Lower by 5.5% on Amazon Concerns

August 29, 2018 7:14 AM EDT

Roku (NASDAQ: ROKU) was set to open lower Wednesday amid concerns about competition from Amazon (NASDAQ: AMZN) following reports yesterday that Amazon will launch an ad-supported video service for Fire TV users.

Shares edged lower by 2% following the report yesterday but weakness extended pre-market, with shares now down about 5.5%.

... More

Amazon (AMZN) Announces Launch of Whole Foods Grocery Delivery Service into Columbus, Dayton, Portland, Greater Washington D.C. and Additional New York City Markets

August 29, 2018 5:51 AM EDT

Amazon (NASDAQ: AMZN) and Whole Foods Market today launched delivery of natural and organic products from Whole Foods Market through Prime Now in Columbus, Dayton, Portland, Greater Washington D.C. and additional areas of New York City, including Greenwich Village, Chelsea, Union Square and Murray Hill. Starting today, Prime members in those cities can shop through Prime Now for thousands of bestselling items including fresh produce, high quality meat and seafood, everyday staples and other locally sourced items from Whole Foods Market. Now available in 28 cities, the service launched earlier... More