Amazon (AMZN) Web Services to invest $35bn in Virginia

Amazon (AMZN) to face challenges as COVID-fueled growth normalizes

Telsey Advisory Group reiterated an Outperform rating on Amazon.com (NASDAQ: AMZN) but cut the price target on the e-commerce company to $125.00 (From $140.00) ahead of its 4Q22 earnings release scheduled for Thursday, February 2nd.

Telsey reduced their 4Q22 and 2023 outlook on the company to reflect a more challenging consumer and corporate spending environment. The company is facing headwinds in the form of a normalizing... More

Amazon Web Services (AMZN) Plans to Invest $35 Billion in Virginia by 2040 to Expand Data Center Campuses

(Updated - January 20, 2023 11:03 AM EST)

Governor Glenn Youngkin today announced that Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), plans to invest $35 billion by 2040 to establish multiple data center campuses across Virginia. Numerous localities in the Commonwealth are under consideration and will be decided at a later date. These new campuses will combine expandable capacity to position AWS for long-term growth in the Commonwealth. Amazon is among the largest private-sector employers in the Commonwealth of Virginia, establishing its first AWS data centers and operations facilities in 2006 and later announcing its... More

Active options: TSLA AMZN AAPL AMC NVDA BBBY MSFT AMD META

Active options: TSLA AMZN AAPL AMC NVDA BBBY MSFT AMD META

Active options: TSLA AMZN AAPL AMC NVDA BBBY MSFT AMD

Active options: TSLA AMZN AAPL AMC NVDA BBBY MSFT AMD

Apple (AAPL) To Expand Smart-home Lineup, Taking On Amazon And Google - Bloomberg

(Updated - January 18, 2023 4:38 PM EST)

Apple (NASDAQ: AAPL) is working on a slate of devices to challenge Amazon (NASDAQ: AMZN) and Google (NASDAQ: GOOGL) in the smart-home market,... More

Amazon (AMZN) call put ratio 1 call to 1.9 puts

Amazon (NASDAQ: AMZN) 30-day option implied volatility is at 51; compared to its 52-week range of 29 to 61. Call put ratio 1 call to 1.9 puts.

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters.

The layoffs are the... More