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AMZN Jun 2024 50.000 call
| Previous close | 82.83 |
| Open | 82.83 |
| Bid | 78.35 |
| Ask | 80.15 |
| Strike | 50.00 |
| Expiry date | 2024-06-21 |
| Day's range | 82.83 - 82.83 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.04k |
- Yahoo Finance Video
Why there may be less content coming to your streaming service
After 146 days, WGA has reached a tentative deal with Hollywood studios, which is one of the steps need to get film and television production going again. Needham & Co. Senior Analyst Laura Martin explains how strikes could impact the volume of content that streaming services produce. “Wall Street is demanding they.. move to profitability faster,” Martin says. For streamers, this could mean cutting down seasons by filming fewer episodes—“less content spending”, as Martin notes. Martin expects consolidation in the industry, which will help “get rid of duplicative costs.” In regards to smaller streamers, Martin states that due to large competitors such as Amazon (AMZN) and Netflix (NFLX) “there’s no advantage to being small.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
What Amazon's up to $4B commitment to Anthropic could mean for AI space
Amazon (AMZN) has made an investment in the AI firm Anthropic, announcing their willingness to commit up to $4 billion this morning. Anthropic will utilize Amazon's Web Services (AWS) along with their custom chips to facilitate the training and deployment of their AI models. SmartEye Deputy CEO, Dr. Rana el Kaliouby, sees this as a beneficial move for both Anthropic and Amazon, highlighting how it allows Amazon Web Services to partner with other companies and introduce Anthropic's technology to those already using Amazon's data services. "Amazon, like many other companies, was caught flat-footed by the release of ChatGPT back in November", Chris Callison-Burch, Associate Professor at the University of Pennsylvania’s School of Engineering, tells Yahoo Finance on AI investment trends, adding: "But, I think this is a really excellent strategic move that will help them catch up." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Motley FoolIs It Too Late to Buy These 2 Stock-Split Stocks?
Stock splits don't actually do anything to change the fundamentals of a stock, but they do get investors excited in a way that few other moves do. Often, it's because the price has hit some milestone, and the company believes a single share is too expensive. This is likely a consequence of the momentum the stock had going into the split, and possibly some market psychology since investors will buy the stock-split stock if they believe the split will make it go higher.
