Plug Power (PLUG) Rallies On Amazon (AMZN) Hydrogen Supply Deal
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Amazon (AMZN) Care Business Had Mixed Reviews - More Sense to Acquire Platforms
August 25, 2022 10:27 AM EDTIt was widely reported after the close on Wednesday that Amazon (NASDAQ: AMZN) is shutting down its Amazon Care business at the end of 2022.
According to one article, an Amazon Care executive stated that Amazon Care wasn't a sustainable long-term solution for its enterprise customers.
Following the reports, analysts and BTIG and BofA released notes reacting to the news:
BofA analyst Allen Lutz said... More
Plug Power (PLUG) and Amazon (AMZN) Sign Green Hydrogen Agreement
August 25, 2022 9:03 AM EDTPlug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today signed a hydrogen supply deal with Amazon (NASDAQ: AMZN) to provide liquid green hydrogen starting in 2025 to help decarbonize Amazons operations as part of its commitment to be net-zero carbon by 2040.
This deal with Amazon... More
Amazon (AMZN) to shut down its telehealth offering - WaPo
August 24, 2022 5:13 PM EDTAmazon (NASDAQ: AMZN) to shut down its telehealth offering - WaPo
Teladoc (NYSE: TDOC) jumps on the news.
... More