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AMZN Jan 2025 50.000 call
| Previous close | 144.78 |
| Open | 144.78 |
| Bid | 133.55 |
| Ask | 134.85 |
| Strike | 50.00 |
| Expiry date | 2025-01-17 |
| Day's range | 144.78 - 144.78 |
| Contract range | N/A |
| Volume | |
| Open interest | 7.05k |
- Yahoo Finance Video
Warner Bros. Discovery sues NBA over game rights
Warner Bros. Discovery's (WBD) filed a lawsuit against the NBA after it rejected the media giant's matching offer to maintain the rights to broadcast and stream games after next season. Sportsimpacts CEO Patrick Rishe joins Asking for a Trend to break down the news and how it will impact the media giant. "I suspect that ultimately one of two things will happen: Either the NBA will win this case and Discovery and Turner will no longer cover NBA games after this season Or, there could be some compromise and maybe a fourth tier of games is packaged to allow them to come back in and still be part of the equation," Rishe explains. He calls WBD passing on making a bid in the first place a "calculated risk" — especially as the NBA "recognizes that streaming is the future in bringing in younger fans." With this emphasis on streaming, Rishe suspects that it was the primary motivation for going with the Amazon (AMZN) bid. For more expert insight and the latest market action, click here to watch this full episode of Asking For A Trend. This post was written by Melanie Riehl
BenzingaAmazon Tests AI Chips in Texas Lab, Aims to Cut Nvidia Costs
Amazon.com Inc (NASDAQ:AMZN) is making significant strides in artificial intelligence with its homegrown AI chips. In its Austin, Texas, chip lab, Amazon engineers are rigorously testing a new server design that features these AI chips, aiming to reduce reliance on Nvidia Corp’s (NASDAQ:NVDA) costly chips, Reuters reports. Amazon’s efforts align with similar initiatives by rivals Microsoft Corp (NASDAQ:MSFT) and Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). Don't Miss: Here’s the AI-p
ReutersNetflix's ex-film head Stuber ties with Amazon MGM to revive United Artists
Stuber, who left Netflix in March to start his media company, will produce several films annually under United Artists (UA), a relaunched label that once operated under MGM. The films will be released both theatrically and on Prime Video.
