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Amazon Kuiper launches first satellites to take on SpaceX's Starlink, capitalize on anti-Musk fervor
CNBC· 2025-04-09 18:05
In this articleAMZNA United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon's Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk's Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 9, 2025. Steve Nesius | ReutersIn a social media post last month, Elon Musk had a message for Poland's foreign minister, who had suggested that his country would seek alternatives to SpaceX's Starlink if the satellite in ...
Amazon Faces Tariff Turbulence But Analyst Sees Favorable Trends
Benzinga· 2025-04-09 17:15
BofA Securities analyst Justin Post maintained Amazon.com Inc AMZN stock with a Buy rating and lowered the price target from $257 to $225 Wednesday.President Donald Trump’s April 2 tariff announcements were much more significant than expected, including the China tariffs that could go higher this week. While Amazon sales seemingly felt little impact from 2018 China tariffs, the widespread (and much larger) 2025 global tariffs are a potential threat for supply chains and costs.Also Read: Amazon To Launch AI ...
Report: Amazon Cancels Orders From ‘Multiple Vendors' After Tariffs Announcement
PYMNTS.com· 2025-04-09 16:38
Amazon reportedly canceled orders from multiple vendors in China and other Asian countries after President Donald Trump’s April 2 announcement that the United States planned to levy tariffs on goods from more than 180 countries.The company’s cancellations of the orders came without warning and didn’t mention tariffs, but their timing suggests they came in response to the tariffs, Bloomberg reported Wednesday (April 9), citing unnamed sources and a document it had seen.It’s not known how widespread Amazon’s ...
Amazon price target lowered amid tariff headwinds
Proactiveinvestors NA· 2025-04-09 15:49
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Amazon Stock Bounces From Lows as Smart Money Steps In
MarketBeat· 2025-04-09 12:16
After falling to fresh lows for the year on Apr. 7, 2025, shares of Amazon.com Inc. NASDAQ: AMZN staged a strong rally into the close, finishing the day up 2.4%—a notable contrast to the broader market’s weakness. While the S&P 500 ended the session in the red after whipsawing back and forth, Amazon’s strength on the bid stood out like a beacon, suggesting that smart money might already be moving back in.Get Amazon.com alerts:It was the second day in a row where Amazon rallied off its lows, a pattern that’s ...
Amazon Selloff Could Benefit Long-Term Investors
FX Empire· 2025-04-09 11:32
FX Empire Logo Deutsch العربية Español Português Français English check-icon Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, ...
Marc Mysterio Calls on Taylor Swift to Pull Catalog From Amazon Music Over Unpaid Streams, Shadow-Ban Controversy
GlobeNewswire News Room· 2025-04-09 10:00
Mysterio's demands are threefold: The artist, known for collaborations with Flo Rida, Samantha Fox, and Crash Test Dummies, points to Swift's history of pulling her music from Spotify in 2014 over royalty disputes as precedent. "Taylor's a titan because she stands up," he said. "Amazon's using her station to profit while I'm ghosted—80 million streams, millions in losses, and they won't even fix it. She can get Jeff Jarrett to give her my email. Let's talk, Taylor—this is our fight." NEW YORK, April 09, 202 ...
Stock Market Sell-Off: The 3 Best Stocks to Buy Right Now
The Motley Fool· 2025-04-09 09:40
Now is not the time to panic. Now is the time to make rational decisions for your stock portfolio. Most of Amazon's business is not selling online goods itself, but facilitating transactions for third-party sellers. This will help it push back against tariff volatility (although it may hurt a lot of its existing sellers). If a lot of Amazon sellers go bankrupt or have to rapidly switch supply chains, that is not a cost Amazon has to shoulder. Most of its investment has been in the United States, as opposed ...
Warren Buffett and 8 Other Billionaires Have $8.5 Billion Invested in This Incredible Stock
The Motley Fool· 2025-04-09 08:30
Core Insights - Retail investors have a significant opportunity to align with wealthy money managers, as many billionaires are currently investing in Amazon [1][2] - A notable group of nine billionaires, including Warren Buffett, have disclosed positions in Amazon, collectively holding investments worth approximately $8.5 billion [3][4] Business Operations - Amazon operates three major business segments: its online marketplace, advertising services, and Amazon Web Services (AWS) [5] - The online marketplace generated $247 billion in sales last year, with third-party seller services contributing $156 billion and subscription revenue from Prime adding $44 billion [8] - The advertising business generated $56 billion last year and is one of Amazon's fastest-growing revenue sources [9] - AWS generated $108 billion in revenue last year, benefiting from increased spending on artificial intelligence [10] Financial Performance - Amazon has been improving its operating margins through investments in logistics and has produced substantial free cash flow, allowing for reinvestment in growth opportunities [11] - The stock has seen a decline of over 25% from its all-time high earlier this year, presenting a potential buying opportunity for investors [16] Market Position - Despite rising global trade tensions, Amazon is well-positioned to gain market share by offering superior service and pricing [12][13] - The company is investing over $100 billion in capital expenses to capitalize on the growing AI market and is developing its own AI technologies [14] - The demand for AWS services is expected to remain strong, as businesses may increase AI investments to mitigate the impact of tariffs [15]
Could Buying Amazon Stock Today Set You Up For Life?
The Motley Fool· 2025-04-09 08:15
The giant of a company clearly can't live up to the incredibly high standard of its impressive past, but...E-commerce giant Amazon (AMZN -2.61%) has certainly turned several patient investors into millionaires since its public offering in 1997.But it would be naïve to pretend that the stock's 230,000% gain since then wasn't rooted in extraordinary circumstances. That's the proliferation of the internet, of course, paired with founder Jeff Bezos' vision of how the internet would become a powerful shopping me ...