Nasdaq AMZN Amazon

Germany's cartel office said on Tuesday that it sees scope for further action against Big Tech companies following a ruling from the EU's top court last week.

Amazon.com hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year's "Prime Day" 48-hour shopping event, including its first-ever travel discounts.

On July 10, 2023 at 10:49:14 ET an unusually large $10,190.20K block of Put contracts in Amazon.com (AMZN) was sold, with a strike price of $150.00 / share, expiring in 893 day(s) (on December 19, 2025). Fintel tracks all large options trades, and the premium spent on this trade

On July 10, 2023 at 10:49:14 ET an unusually large $2,189.25K block of Put contracts in Amazon.com (AMZN) was sold, with a strike price of $100.00 / share, expiring in 557 day(s) (on January 17, 2025). Fintel tracks all large options trades, and the premium spent on this trade w

Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark's "overconcentration."

Are you feeling hopeless about Rivian Automotive ( NASDAQ:RIVN ) stock? Don't despair, as there's hope on the horizon for weary shareholders. I am bullish on RIVN stock in light of a spate of analyst price-target hikes as well as Rivian's positive vehicle-production data. Rivian Automotive is an electric vehicle (EV) manufacturing start-up that enjoyed the spotlight when the company went public a couple of years ago but then quickly fell out of favor. It certainly didn't help Rivian's shareholders when the Federal Reserve enacted a series of interest-rate hikes, causing many of 2021's high flyers to run out of steam in 2022. At long last, however, Wall Street's experts and amateurs alike are cheering Rivian Automotive's return to glory. I'll admit, the enthusiasm is infectious, and it's hard not to root for Rivian as the underdog automaker sets out on a long, challenging road to recovery. Rivian Has a Famous Friend in Europe Can you imagine a better way for Rivian Automotive to expand its operations into Europe than by teaming up with e-commerce giant Amazon ( NASDAQ:AMZN )? That's certainly a best-case scenario, as Rivian recently rolled out more than 300 electric vans in Germany, specifically for Amazon. This could just be a small part of something much bigger, however. As Reuters reported, Amazon previously disclosed an order for Rivian Automotive to deliver 100,000 vehicles. That's the number of Rivian-produced electric delivery vans that Amazon aims to have in its global fleet by the year 2030. This arrangement has "win-win" written all over it. Amazon is wisely seeking compliance with Europe's clean-energy rules. At the same time, it's encouraging that Amazon selected Rivian to build out its delivery-vehicle fleet. Surely, this wasn't a decision that Amazon's management took lightly. They wouldn't have picked Rivian Automotive if they thought the automaker was going to file for Chapter 11 bankruptcy in the next couple of years. Most likely, D. A. Davidson analyst  Michael Shlisky had these considerations in mind when he upgraded RIVN stock from a Hold to a Buy and raised his price target from $11 to $18. Shlisky took note of Rivian's "imminent entry into Europe with its delivery van," commenting that this event "was expected eventually, but far earlier than we anticipated." Rivian Gets Price-Target Hikes - and for Good Reasons As we'll discuss in a moment, Shlisky isn't the only expert on Wall Street who recently upgraded RIVN stock and/or lifted his or her price target on the shares. Overall, analysts seem fairly confident about Rivian Automotive's future prospects, especially since the company has Amazon as a major customer. Besides, that's not the only piece of good news pertaining to Rivian. Not long ago, the company disclosed some crucial operational data for 2023's second quarter. Earlier, Rivian Automotive set a goal of producing 50,000 EVs this year, and it looks like the automaker is on track to achieve that objective. Here's the rundown of the relevant data points. During Q2 2023, Rivian Automotive produced 13,992 vehicles. That's a good number if the company is targeting 50,000 for the year. Moreover, Rivian delivered 12,640 vehicles during the quarter, which indicates a decent delivery-to-production ratio (around 90%). With those figures being top-of-mind, it's understandable if analysts are leaning bullish now. Along with Shlisky's aforementioned upgrade, there's George Gianarikas of Canaccord Genuity, who rated RIVN shares a Buy and assigned a highly ambitious $40 price target. Then, there's the well-known Wedbush analyst  Daniel Ives, who hiked his price target on RIVN stock from $25 to $30 and reaffirmed his Buy rating on the shares. Additionally, Needham analyst  Chris Pierce  raised his price target on Rivian Automotive stock from $26 to $28 and, like Ives, reiterated his Buy rating on RIVN shares. What's the Consensus Price Target for RIVN Stock? On TipRanks, RIVN stock comes in as a Moderate Buy based on 10 Buys, five Holds, and one Sell rating assigned by analysts in the past three months. The average Rivian Automotive price target is $23.50, implying 7.9% downside potential. If you’re wondering which analyst you should follow if you want to buy and sell RIVN stock, the most profitable analyst covering the stock (on a one-year timeframe) is Jordan Levy of Truist Financial, with an average return of 19.34% per rating. Click on the image below to learn more. Conclusion: Should You Consider RIVN Stock? After a bruising 2022, Rivian is riveting in 2023, and the tide of sentiment is finally turning in the company's favor. I don't think this is a short-term shift since there are specific reasons to feel optimistic about Rivian Automotive's future prospects. Nevertheless, Rivian will continue to face challenges, such as working toward a profitable profile. That's easier said than done, but at least it seems within reach for Rivian Automotive. So, I feel it's not a bad idea to maintain a small share position in RIVN stock as long as you're prepared for what could be a thrilling ride. Disclosure

The NASDAQ 100 After Hours Indicator is up 3.09 to 15,048.73. The total After hours volume is currently 79,924,723 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is +0.34 at $366.70, with 3,499,224 shares tra

Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during Tuesday's Prime Day, the first time an online travel agency has participated in the shopping event.

Amazon AMZN workers in the U.K. are planning to go on a strike during its two-day mega-shopping event — Prime Day, beginning on Jul 11, to mar the company’s prospects.Reportedly, the GMB union has organized a three-day strike with

Investors in Amazon.com Inc (Symbol: AMZN) saw new options become available today, for the April 2024 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 284 days until expiration the newly available con

The European Commission announced a new data transfer pact with the United States on Monday, seeking to end the legal uncertainty plaguing thousands of companies which transfer personal data across the Atlantic.

What happened Shares of e-commerce giant Amazon (NASDAQ: AMZN) jumped 55.2% in the first half of 2023, according to data provided by S&P Global Market Intelligence. Interestingly, the market wasn't immediately impressed whenever the company reported quarterly financial result

In early trading on Monday, shares of Align Technology topped the list of the day's best performing components of the Nasdaq 100 index, trading up 3.3%. Year to date, Align Technology registers a 61.4% gain. And the worst performing Nasdaq 100 component thus far on the day is

With the stock of Amazon (NASDAQ: AMZN) up 55% year to date, some investors might think it's too late to buy. Yet bulls argue that Amazon has plenty of room to run. So, which is it? Let's find out.

Ford officials have run up against resistance to its plans, in the latest iteration of a phenomenon known as NIMBY, which stands for "Not In My Back Yard."

(RTTNews) - NovaBay Pharmaceuticals, Inc. (NBY), a developer of eyecare, skincare and wound care products, announced Monday special pricing on Avenova-branded products to Amazon prime members during Prime Day 2023, being held July 11-12.

The Vanguard Russell 1000 ETF (VONE) was launched on 09/22/2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.

Fred Chapman has a message for Ford Motor Co, which is planning to build a sprawling factory on the outskirts of this town to make batteries for electric cars and which promises to employ 2,500 people.

Investors have been taken on quite the ride by Wall Street over the past two years. They've seen the major stock indexes claim all-time highs, hurtle into a bear market, and now bounce back at a ferocious pace.

In a bold display of faith in her company's future, Jane Elfers, CEO of The Children's Place (US:PLCE), recently invested more than $1 million in the retailer's shares. According to insider transactions reports compiled by Fintel, Elfers purchased 43,000 shares of PLCE stock