Tag: Amazon Prime

Back in 2014, Jeff Bezos said that Amazon (AMZN) would use drones to deliver packages to customers. The idea was ingenious.

The pace that internet video streaming has evolved is nothing short of revolutionary. Streaming is a serious threat to the cable TV industry.

Some prominent market personalities, such as Leon Cooperman, chair and CEO of Omega Advisors, feel that the Fed's rate cut decision was unnecessary.

Deloitte expects holiday sales to exceed $1.1 trillion during the November–January period. Also, e-commerce sales are projected to increase 14%–18%.

Amazon has received a lot of flak for its deliveries. This time, employees are claiming to be under tremendous pressure to meet deadlines.

India, with over 1.3 billion people, is becoming more important for global streaming players such as Netflix, Apple TV+, and Amazon Prime Video.

At Apple’s annual media event yesterday, the company unveiled details of its Apple TV+ streaming service, set to launch for $4.99 per month.

Amazon (AMZN) has gone big on streaming devices with the launch of its new Fire TV Cube and 15 new Fire TV editions to expand its reach.

RBC Capital has raised its price target on Amazon stock from $2,250 per share to $2,600. It believes Amazon's one-day delivery will boost revenue.

CIRP estimates that Amazon Prime members spend $1,400 per year on Amazon’s e-commerce platform—much higher than non-Prime members' $600 annual spending.