Amazon.comの空売り状況は、投資家がAmazon.comの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Amazon.com (NASDAQ:AMZN) 株価情報, 空売り情報

Amazon.com

Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.

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最近の市場の売りがけに続く中、Crossbridge Capitalの最高投資責任者であるManish Singh氏は、技術バブルがバーストすることに対する懸念を否定した。これは、世界の市場が8月初旬の大幅な下落から軌道修正しようとしている中で生じた。

テック株が売りに　テックバブルバーストの可能性は

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キャシー・ウッド（Cathie Wood）率いる投資会社Ark Investは、先週水曜日に、Amazon.com Inc.（NASDAQ:AMZN）、「ロビンフッド・マーケットス株式会社」（Robinhood Markets Inc.）（NASDAQ:HOOD）、Reddit Inc.（NYSE:RDDT）および「アドバンスト・マイクロ・デバイセズ社」（Advanced Micro Devices Inc.）（NASDAQ:AMD）に関して大規模なトレードを実施した。

キャシーウッド　アマゾン株を中心にトレード

Cathie Wood氏率いるArk Investは、火曜日にAmazon.com Inc（NASDAQ：AMZN）、Reddit Inc（NYSE：RDDT）、Advanced Micro Devices Inc（NASDAQ：AMD）で大規模なトレードを行いました。

キャシー・ウッド率いるアークインベスト　Reddit株取得

Amazon.com Inc

AMAZON COM ORD

In a continued shift away from its cashierless Go convenience stores, Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) has reportedly shuttered three more locations in New York last week.
What Happened: Amazon has been steadily reducing its Go stores that use the &#8220;Just Walk Out&#8221; technology, with the latest closures, the total number of Go stores has come down to 17 nationwide, <a href="https://techcrunch.com/2024/10/04/amazon-closes-more-of-its-cashierless-convenience-stores/">reported</a> TechCrunch (<a href="https://www.theinformation.com/briefings/amazon-closes-three-more-go-convenience-stores">via</a> The Information) on Friday.
Last year in March also, the <a href="https://www.benzinga.com/news/23/03/31252375/amazon-prepares-to-cut-more-fluff-shut-8-amazon-go-stores-in-seattle-san-francisco-nyc">company had shut down eight</a> Go stores in Seattle, San Francisco, and New York.
Earlier this year, the company removed the&nbsp;Just Walk Out technology from&nbsp;its grocery stores, focusing&nbsp;more on smaller grab-and-go shops. It also opened a new Go store in Washington.
The e-commerce giant also continues to license the&nbsp;Just Walk Out technology to&nbsp;third-party convenience stores.
See Also:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41149666/nvidias-blackwell-gpu-sets-new-ai-benchmark-with-over-100-system-configurations-ana?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Nvidia&#8217;s Blackwell GPU Sets New AI Benchmark With Over 100 System Configurations, Analyst Says</a>
Why It Matters: In 2016, Amazon launched its Just Walk Out feature, enabling customers to scan a QR code when entering a store, pick up items, and leave without going through a traditional checkout.
The system relies on cameras, sensors, and a remote team monitoring shoppers to accurately track purchases and complete transactions.
However, the experimental system has faced several challenges, including long delays in finalizing transactions—sometimes taking hours—and the high costs involved in installing the necessary cameras and sensors at each location.
Earlier this year, it was reported that Amazon replaced this <a href="https://www.benzinga.com/news/24/04/38055211/amazon-to-replace-just-walk-out-checkout-technology-with-smart-dash-carts">technology with a &#8220;smart-cart&#8221;</a> system called Dash Cart in its grocery stores.
Despite the closures, Amazon continues to focus on profitable ventures and efficiency gains. Earlier this month, Morgan Stanley analyst Brian Nowak reiterated <a href="https://www.benzinga.com/news/24/10/41169322/amazons-profitable-essential-merchandise-efficiency-gains-set-to-drive-growth-analyst">Amazon with an Overweight rating</a>, highlighting the company&#8217;s growth potential.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/41087674/openais-searchgpt-set-to-disrupt-googles-search-empire-as-former-engineer-sounds-alarm-on-deteriorat?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI&#8217;s SearchGPT Set To Disrupt Google&#8217;s Search Empire As Former Engineer Sounds Alarm On Deteriorating User Experience Amid Rising Competition</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Wikimedia

Tech

Media

Amazon Shutters 3 More Cashierless Go Stores In New York: Report

When&nbsp;Berkshire&nbsp;Hathaway Inc&nbsp;(NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-a#NYSE">BRK-A</a>) (NYSE:&nbsp;<a href="https://www.benzinga.com/stock/brk-b#NYSE">BRK-B</a>) bought&nbsp;See's Candies in 1972, the firm&#8217;s late vice chairman,&nbsp;Charlie Munger, learned a valuable lesson that would end up guiding&nbsp;<a href="http://www.benzinga.com/news/23/11/35989969/charlie-munger-buffetts-trusted-partner-dies-at-99">his investing career</a>.
The company raised prices without hurting sales, and Munger learned that you can get a bargain paying full price for a beloved brand.
Following the deal, Munger and Berkshire chairman and CEO&nbsp;Warren Buffett&nbsp;began looking for companies selling for fair prices that had loyal customer bases. In their early days,&nbsp;Amazon.com Inc&nbsp;(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>) and&nbsp;Tesla Inc(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) didn&#8217;t fit the bill.
Check This Out:&nbsp;<a href="https://www.benzinga.com/news/23/11/36037002/if-warren-buffett-had-used-this-common-practice-charlie-munger-says-berkshire-hathaways-value-could">If Warren Buffett Had Used This Common Practice, Charlie Munger Says Berkshire Hathaway&#8217;s Value Could Have Doubled: &#8216;The Reason We Didn&#8217;t Is…&#8217;</a>
According&nbsp;<a href="https://www.wsj.com/finance/investing/investor-charlie-munger-interview-2b636dc5">to</a>&nbsp;the Wall Street Journal, Munger admired Amazon founder&nbsp;Jeff Bezos, but the stock was too risky to bet on.
When Tesla came around, it was much of the same story. Munger believed&nbsp;Tesla CEO&nbsp;Elon Musk&nbsp;was &#8220;an extreme talent,&#8221; but he took on too many risks.
&#8220;I would go crazy if I took the risks he did,&#8221; Munger said of Musk.&nbsp;
Amazon turned out to be one of the best-performing stocks of all time; Tesla has soared in value since its IPO in 2010, offering one&nbsp;of the highest average annual returns in the market.
Munger and Buffett eventually bought&nbsp;Apple Inc&nbsp;(NASDAQ:&nbsp;<a href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) stock, which turned out to be one of the firm&#8217;s best decisions ever. The duo had to overcome their long-held caution about tech stocks to jump in.&nbsp;Munger reportedly wished Berkshire had bought even more than they did.
Berkshire has <a href="https://www.benzinga.com/markets/equities/24/08/40385824/warren-buffett-still-holds-400m-apple-shares-reveals-new-investments-in-ulta-beauty-and-heico-el">cut its Apple stake</a> by more than 55% so far in 2024. Despite offloading a significant chunk, Apple remains Berkshire&#8217;s top holding with an approximate 29% weighting in the Buffett-led portfolio. 
&#8220;You have to let ideas die,&#8221; Munger said.
Munger&nbsp;<a href="https://www.benzinga.com/news/23/11/35989969/charlie-munger-buffetts-trusted-partner-dies-at-99">died on November 28, 2023</a>&nbsp;at the age of 99.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/23/12/36115549/charlie-mungers-final-advice-for-investors-is-about-embracing-value-in-unlikely-places-if-something">Charlie Munger&#8217;s Final Advice For Investors Is About Embracing Value In Unlikely Places</a></li>
</ul>
Photo:&nbsp;Shutterstock. Some elements of this story were previously reported by Benzinga and it has been updated.

Success Stories

Charlie Munger Said He'd 'Go Crazy' Taking Elon Musk's Risks, But Admitted Missing Out On Tesla, Amazon, And 'Extreme Talents' Like Musk, Bezos

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) is on fire, recently reaching a stunning 52-week high of $588.80 on Oct. 4, 2024. With a year-to-date surge of 68.65% and an impressive 91.12% gain over the past year, the stock is clearly basking in <a href="https://www.benzinga.com/quote/META/news">the bullish limelight</a>.
As Meta soars, its CEO Mark Zuckerberg is also riding high, surpassing Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos to become the world's second-richest person, with a net worth of $206.2 billion. Talk about a double whammy!
Read More: <a href="https://www.benzinga.com//node/41179608">Mark Zuckerberg Bulldozes Past Jeff Bezos To Become World&#8217;s 2nd Richest Person As Meta Stock Soars: Is Musk&#8217;s Top Spot In Jeopardy?</a>
<h1 class="wp-block-heading">Meta Stock Chart Paints A Bullish Picture</h1>
The technical indicators are solidly in Meta's corner.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="459" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111052/Screenshot-2024-10-04-at-7.39.28-PM.png" alt="" class="wp-image-581053" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111052/Screenshot-2024-10-04-at-7.39.28-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111052/Screenshot-2024-10-04-at-7.39.28-PM-300x219.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
Currently trading at around $585.01, the stock is well above its five-, 20- and 50-day exponential moving averages, signaling a strongly bullish trend. The eight-day simple moving average sits at $574.13, while the 20-day and 50-day SMAs are at $551.02 and $525.74, respectively.
Even the 200-day SMA at $479.57 adds to this bullish narrative. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="630" height="459" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111109/Screenshot-2024-10-04-at-7.40.19-PM.png" alt="" class="wp-image-581054" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111109/Screenshot-2024-10-04-at-7.40.19-PM.png 630w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04111109/Screenshot-2024-10-04-at-7.40.19-PM-300x219.png 300w" sizes="(max-width: 630px) 100vw, 630px" /></a></figure>
<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100424&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
The Moving Average Convergence Divergence (MACD) indicator, registering a healthy 16.69, further supports this momentum. 
However, the Relative Strength Index (RSI) is perched at 75.72, suggesting that the stock may be overbought, which could invite a temporary pullback.
<h1 class="wp-block-heading">AI Innovations Set The Stage For Growth</h1>
As if the technical strengths weren't enough, Meta is also making headlines with its ambitious focus on artificial intelligence. With significant investments planned for 2024, the company aims to enhance user experience and refine ad targeting across its platforms. 
With soaring ad impressions and deepening user engagement, Meta is not just following the AI trend; it's among the leaders. This strategic focus positions Meta to dominate the digital advertising arena, promising an exciting future for investors.
<h1 class="wp-block-heading">A Thrilling Ride Ahead</h1>
With Zuckerberg's fortune on the rise and Meta's stock hitting new heights, the combination of strong technical indicators and innovative strategies paints a bright picture for the future. 
Investors should buckle up; the journey with Meta Platforms is sure to be exhilarating!
Read Next: 
<ul>
<li><a href="https://www.benzinga.com//node/41184285">Telegram Joins X, Meta, LinkedIn In Privacy Dilemma: Social Media Faces Growing Government Control</a></li>
</ul>
Photo: Shutterstock

Technicals

Trading Ideas

Meta Stock Soars To New 52-Week High As Billionaire Zuckerberg Surpasses Bezos: What's Driving The Surge?

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-04_08h45_45.png" alt="" style="width:624px" /></figure>
<h4 class="wp-block-heading">Barn Burner Jobs Report</h4>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-jobs-report-spy-mc-10042024">click here</a> for an enlarged chart of S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) which represents the benchmark stock market index S&amp;P 500 (SPX).
Note the following:
<ul>
<li>The chart shows that the stock market is rallying on the jobs report.</li>
<li>The chart shows that the stock market is above the support/resistance zone.</li>
<li>The just released jobs report is a barn burner. The report is a lot stronger than the consensus.&nbsp; Here are the details of the jobs report:
<ul>
<li>Nonfarm payrolls came at 254K vs. 135K consensus.</li>
<li>Nonfarm private payrolls came at 223K vs. 125K consensus.</li>
<li>Average hourly earnings came at 0.4% vs. 0.3% consensus.</li>
<li>Average work week came at 34.2 hours vs. 34.3 hours consensus.</li>
<li>Unemployment rate came at 4.1% vs. 4.2% consensus.</li>
</ul>
</li>
<li>At a minimum, this data point shows that Powell could have been wrong. When Powell cut interest rates by 50 bps, he explained it away by predicting labor weakness. The just released jobs report shows that there is no labor weakness.</li>
<li>Before and after the 50 bps rate cut,  we shared with readers The Arora Report analysis that the data did not support a 50 bps rate cut. Today's jobs report clearly proves that The Arora Report analysis was correct and the Fed may have made a mistake.  </li>
<li>Bonds are falling on the strong report.</li>
<li>Stocks are seeing extremely aggressive buying after the report. In the short term, it is bullish in that Powell gave the stock  market a big gift of a 50 bps cut predicting labor weakness, but there is no labor weakness.</li>
<li>After the jobs report, AI stocks are ripping. In the early trade, buying is extremely aggressive in AI stocks.  </li>
<li>This data is going to be ammunition for those who have been saying that the 50 bps rate cut was designed to help Harris win the election even though the Fed continues to publicly say that the Fed does not consider politics. Keep in mind, Trump has said that he would not reappoint Powell.</li>
<li>Adding to the optimism is that dock workers have suspended their strike.</li>
<li>In the longer term, this jobs data raises the probability that inflation will not come down to the Fed's 2% target and the Fed will once again be proven wrong.</li>
<li>As a note of caution, this is only one piece of data. At The Arora Report, we will be carefully watching additional pieces of new data as it comes. This is exactly what prudent investors should do.</li>
<li>ISM Non-Manufacturing Index yesterday came at 54.9 vs. 51.6 consensus. In The Arora Report analysis, this data also shows that the economy is strong.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing buying on strong jobs data.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

Federal Reserve

$BTC

GOOG

AI Stocks Ripping, Barn Burner Jobs Report - Could Powell Be Wrong?

JMP Securities analyst Nicholas Jones reiterates Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Market Outperform and maintains $265 price target.

Price Target

Reiteration

Analyst Ratings

JMP Securities Reiterates Market Outperform on Amazon.com, Maintains $265 Price Target

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)&nbsp;is targeting 250,000 transportation and warehouse workers in the U.S. to capitalize on the 2024 holiday rush, Reuters reports.
The hiring numbers remain the same as in 2023. The hiring ahead of the holiday season underscores the importance of the extra hands in the retail industry.
Discount retailer Target Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) planned to employ 100,000&nbsp;to help tide through the holiday season.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41162084/amazon-prime-video-ramps-up-ads-taking-on-netflix-and-disney-in-streaming-battle" rel="noreferrer noopener">Amazon Prime Video Ramps Up Ads, Taking on Netflix and Disney+ in Streaming Battle</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04080038/newplot-5.png" alt="" class="wp-image-580495" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04080038/newplot-5.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04080038/newplot-5-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
In September, Amazon raised the<a target="_blank" href="https://www.benzinga.com/news/24/09/40927136/amazon-boosts-worker-pay-to-over-29hour-invests-2-2b-as-holiday-kicks-in" rel="noreferrer noopener"> average hourly total compensation</a> for fulfillment and transportation employees in the U.S. to over $29.
Walmart Inc's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) Sam's Club also targeted higher hourly pay for frontline associates to over $19 with thousands of dollars annually in bonuses.
It is worth noting that on Wednesday, the National Labor Relations Board (NLRB) charged Amazon, a joint employer of its Delivery Service Partner (DSP) drivers, for failing to acknowledge and bargain with the <a target="_blank" href="https://www.prnewswire.com/news-releases/nlrb-doubles-down-amazon-is-a-joint-employer-302266076.html" rel="noreferrer noopener">Teamsters Union</a>.
As per the NLRB, Amazon <a target="_blank" href="https://www.benzinga.com/government/24/10/41171072/amazon-accused-of-union-busting-after-drivers-unionize-nlrb-files-complaint" rel="noreferrer noopener">employed multiple unfair labor practices</a> to prevent union activities at a facility in Palmdale, California.
The charges against Amazon included its refusal to recognize the workers' right to unionize, its refusal to bargain with the Teamsters over employment conditions, and the termination of its DSP contract.
In 2023, Amazon's U.S. sales were $12.4 billion on Cyber Monday, up by 9.6%, quashing the estimate of $12 billion. Amazon's total online sales for Cyber Week were $38 billion, topping the $37.2 billion estimate.
U.S. retailers could add 520,000 jobs during the holiday season, down from 2023's 564,200, per Reuters.
Reuters cites Mastercard's projection that online holiday shopping could reach $240.8 billion, up 4.9%.
Price Action: AMZN stock is up 2.11% to $185.80 premarket at the last check Friday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41169322/amazons-profitable-essential-merchandise-efficiency-gains-set-to-drive-growth-analyst" target="_blank" rel="noreferrer noopener">Amazon's Profitable Essential Merchandise, Efficiency Gains Set To Drive Growth: Analyst</a></li>
</ul>
Image via Shutterstock

Amazon To Boost Workforce by 250K for 2024 Holidays, Joining Retail Hiring Surge

Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has been the <a href="https://www.benzinga.com/general/education/24/10/41163360/if-you-invested-1-000-in-facebook-stock-when-mark-zuckerberg-changed-name-to-meta-heres-how-muc">second best-performing Magnificent 7 stock this year</a> after artificial intelligence stalwart Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). The stock rally has nudged its co-founder and CEO, Mark Zuckerberg, to be higher on the list of the world&#8217;s wealthiest people.
Zuckerberg Pips Past Bezos: Bloomberg&#8217;s updated billionaire list shows Zuckerberg rising in rank and becoming the world&#8217;s second-richest person after Tesla, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Elon Musk. The loser was Amazon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) founder Jeff Bezos, who had stepped down from an active management role in the company that he founded in 1994. Bezos ceded his second position to the Meta CEO amid the relative outperformance of the social-media giant&#8217;s stock.
Here&#8217;s how the two stocks fared this year:
<figure class="wp-block-image size-large is-resized wp-duotone-unset-1"><img loading="lazy" decoding="async" width="1024" height="440" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6-1024x440.png" alt="" class="wp-image-579923" style="width:924px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6-1024x440.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6-300x129.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6-768x330.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6-1536x660.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04011143/image-2-6.png 1890w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Chart Courtesy of Benzinga Pro
Meta has gained over 64% for the year-to-date period compared to Amazon&#8217;s roughly 20% gain. After moving almost in tandem with Meta, albeit with a more modest gain, for much of the year, Amazon has clearly begun diverging since late September.
Zuckerberg&#8217;s net worth is $206 billion, slightly higher than Bezos&#8217; $205 billion. More importantly, the Meta CEO is only $50 billion in deficit versus Musk&#8217;s wealth. It could come as no surprise if he soon takes over the crown from Musk, given Meta&#8217;s potential versus Tesla&#8217;s pitfalls. Tesla is still struggling to turn around its core electric-vehicle business to trend-like growth and promising opportunities such as full self-driving technology and robotaxi are expected only to be long-term drivers.
Be it Zuckerberg or Bezos, much of their wealth is tied to stock ownership in the respective companies they founded. Stock vagaries could therefore play a key role in deciding their fortunes.
See Also: <a href="https://www.benzinga.com/money/how-to-buy-facebook-stock">How To Buy Meta (Formerly Facebook) Stock</a>
What&#8217;s Firing Up Facebook Parent: Meta was among the COVID-19 play that benefited from the work-from-home and lockdown restrictions that were in place then. The pandemic rally stalled in Sept. 2021, and the stock began a year-long secular downtrend until early November 2022. Declines in both top and bottom-line figures amid an ad spending slowdown, investment into the loss-making Reality Labs division, Apple‘s privacy initiatives, and a competitive threat from TikTok all served as drags.
Meta&#8217;s management though was quick with resuscitation measures and unveiled strategic plans to streamline operations and navigate through adverse conditions. In Nov. 2022, the company announced a significant workforce reduction, eliminating 11,000 employees as the initial step.
In a letter to employees detailing the layoffs, CEO&nbsp;Mark Zuckerberg&nbsp;outlined additional measures, including desk sharing for remote workers, infrastructure review for spending cuts, and a hiring freeze until the first quarter of 2023. The market responded positively to these resuscitation measures, leading to a rebound in Meta's stock from its six-year low.
Meta&#8217;s AI pivot and the Metaverse project also helped rekindle investor interest in the stock. After bottoming in Oct. 2022, the stock has been on a broader steady uptrend. The Meta Connect 2024 held in late September has proved salubrious for the stock. The company announced AI-driven chatbots, an update to its Llama large-language model, the latest Ray-Ban smart glasses with improved camera functionality, voice controls, and deeper integration with AI, Meta Quest 4, the next-generation virtual reality headset, and the Orion augmented reality glasses.
Amazon&#8217;s Lags: Amazon, though operating in multiple technology areas, still derives the bulk of its revenue from its core e-commerce business, with much of the revenue collected from North America. The prospects of the business are strongly tied to consumer spending, which has remained uncertain in the current economic cycle.
The company has built up, or integrated scores of other businesses, including its AWS cloud computing business, Zoox, a self-driving car division, Kuiper Systems, a satellite Internet provider, and Amazon Lab126, a computer hardware R&amp;D provider. Its subsidiaries include Ring, Twitch, IMDb, and brick-and-mortar grocery retailer Whole Foods Market.
In a note released on Thursday, Morgan Stanley analyst Brian Nowak sounded out near-term risks. <a href="https://www.benzinga.com/news/24/10/41169322/amazons-profitable-essential-merchandise-efficiency-gains-set-to-drive-growth-analyst">&#8220;We still see tactical risk to 4Q EBIT guide </a>as AMZN invests to drive its faster-growing, lower-margin essentials business through a competitive holiday,&#8221; the analyst said.
Nowak, however, committed to the stock medium- and long-term. He said he would buy any weakness as he believes the company will make low-priced essentials profitable and will pursue a cost structure that provides visibility into a path to $8-$9 of free cash flow.
Meta closed Thursday&#8217;s session 1.74% higher at $582.77, while Amazon fell 1.52% to $181.96, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data. </a>Amazon stock has been on a seven-session losing streak amid worries concerning the holiday season after the company&#8217;s temporary holiday hiring plan revealed a flattish trend.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41111978/dockworkers-strike-will-it-impact-your-holiday-shopping">Dockworkers Strike: Will It Impact Your Holiday Shopping?</a></li>
</ul>
Image via Shutterstock

Education

Mark Zuckerberg Bulldozes Past Jeff Bezos To Become World's 2nd Richest Person As Meta Stock Soars: Is Musk's Top Spot In Jeopardy?

On Thursday, U.S. markets saw losses, with the Dow Jones Industrial Average falling 0.4% to 42,011.59, the S&amp;P 500 closing down almost 0.2% at 5,699.94, and the NASDAQ slipping 0.04% to end at 17,918.48.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
Palantir&#8217;s shares rose 4.67% to close at $39.24, with an intraday high and low of $39.29 and $37.37 respectively. The stock&#8217;s 52-week high and low stand at $39.29 and $14.48. The company&#8217;s co-founder, Peter Thiel, recently completed selling the maximum number of shares under a trading plan he initiated in May. Additionally, Palantir announced a <a href="https://www.benzinga.com/news/24/10/41167646/whats-going-on-with-palantir-stock-today">strategic partnership</a> with Edgescale AI to enhance AI operations in various industrial sectors.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
Amazon&#8217;s stock fell 1.52% to close at $181.96. The shares hit an intraday high of $183.44 and a low of $180.88. The 52-week high and low are $201.2 and $118.35 respectively. The company is reportedly set to <a href="https://www.benzinga.com/general/entertainment/24/10/41162458/amazon-ceo-andy-jassy-said-prime-video-will-have-meaningfully-fewer-ads-than-rivals-2-month">increase the number of advertisements</a> on its Prime Video platform starting next year as part of its broader strategy to enhance its ad-supported streaming services.
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
Meta&#8217;s shares increased 1.74% to close at $582.77, with an intraday high and low of $583.36 and $568.73 respectively. The stock&#8217;s 52-week high and low are $583.36 and $279.4. The social media company has <a href="https://www.benzinga.com/news/24/10/41176448/mark-zuckerbergs-facebook-paid-2b-to-content-creators-in-the-past-year-and-it-wants-to-pay-out-more">paid out over $2 billion</a> to content creators this year as it works to boost monetization efforts for users of the platform.
Spirit Airlines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>)
Spirit Airlines&#8217; stock dipped 3.45% to close at $2.24. The shares hit an intraday high of $2.43 and a low of $2.22. The 52-week high and low are $17.49 and $2.22 respectively. The budget airline is reportedly in discussions with bondholders regarding the terms of a potential <a href="https://www.benzinga.com/markets/equities/24/10/41178053/spirit-airlines-engages-in-bankruptcy-talks-amid-financial-struggles-report">bankruptcy filing</a> following a failed merger with JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>).
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s shares fell 3.35% to close at $240.67. The shares hit an intraday high of $249.79 and a low of $237.81. The 52-week high and low are $271 and $138.8 respectively. The electric vehicle maker returned to growth with <a href="https://www.benzinga.com/general/education/24/10/41166723/how-many-evs-has-tesla-delivered-produced-each-quarter-a-look-at-the-results-since-2019">third-quarter delivery figures</a> showing a year-over-year increase from the prior year.
Photo by WHYFRAME on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/09/41108682/michael-dell-sells-1-2-billion-worth-of-dell-stock-reducing-stake-amid-companys-recent-s-p-500-r?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Dell Sells $1.2B Worth Of Dell Stock, Reducing Stake Amid Company&#8217;s Recent S&amp;P 500 Inclusion Michael Dell Sells $1.2B Worth Of Dell Stock, Reducing Stake Amid Company&#8217;s Recent S&amp;P 500 Inclusion And AI Expansion</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

JBLU

PLTR

SAVE

Palantir, Amazon, Meta, Spirit Airlines, Tesla: Why These 5 Stocks Are On Investors' Radars Today

A man responsible for helping to bring the Xbox gaming console and Zune media player to life for Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) has a new place to call home after years of helping build up the<a href="https://www.benzinga.com/general/gaming"> technology giant&#8217;s gaming division.</a>
What Happened: While J Allard might not be a household name to many, he is responsible for helping to create several products for Microsoft in recent years including <a href="https://www.benzinga.com/general/gaming/22/07/28280862/how-bill-gates-almost-killed-xbox-this-is-an-insult-to-everything-ive-done-2">the Xbox console</a> and several parts of the key gaming division at the company.
Allard joined Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) last month. Since then, he&#8217;s been quietly working on "new ideas" for the e-commerce company, according <a href="https://www.theverge.com/2024/10/2/24260438/xbox-co-founder-j-allard-amazon-hiring">to</a> The Verge.
According to the report, Allard is the Vice President of Amazon's devices and services team. Allard confirmed his job title but says it&#8217;s "too early to have anything to say" about what he'll be doing.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/08/40491446/amazon-could-score-another-video-game-inspired-hit-after-fallout-new-series-adapts-pac-man-">Amazon Could Score Another Video Game-Inspired Hit After Fallout: New Series Adapts Pac-Man, Dungeons &amp; Dragons, Mega Man And More</a>
Why It's Important: Allard left Microsoft in 2010 after 20 years at the company. Among the items that Allard was responsible for during his time at Microsoft was cofounding the Xbox division. He developed the Xbox 360 console and launched the Xbox Live network.
Outside of gaming, Allard also helped develop the Zune, which was meant to be Microsoft's answer to Apple's iPod.
Allard also helped work on the Courier tablet for Microsoft, which was never officially announced as a company product.  
After leaving Microsoft, Allard has been running Project 529, a community service organization. After Two Three Bird&#8216;s acquisition of Project 529, Allard may have been looking to get back into the technology sector.
With a new position at Amazon, it's likely that Allard is being put to work to design and work on new products and developments.
While he's not on the Amazon Gaming team, the e-commerce company has been <a href="https://www.benzinga.com/general/entertainment/24/06/39557190/amazons-tomb-raider-and-lotr-game-reveals-not-too-far-away-says-exec">expanding this business line</a>. It will be interesting to see if Allard ever supports the company's gaming division given his Xbox success.
Read Next: 
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<li><a href="https://www.benzinga.com/general/gaming/22/07/28280862/how-bill-gates-almost-killed-xbox-this-is-an-insult-to-everything-ive-done-2">Bill Gates Almost Killed Xbox Because Of This One Reason: &#8216;This Is An Insult To Everything I&#8217;ve Done&#8217;</a></li>
</ul>
Image: Shutterstock

Gaming

Xbox Co-Founder Joins Amazon To Work On Devices, Services: 'Too Early To Have Anything To Say'

<a href="https://www.texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-sues-tiktok-sharing-minors-personal-data-violation-texas-parental">https://www.texasattorneygeneral.gov/news/releases/attorney-general-ken-paxton-sues-tiktok-sharing-minors-personal-data-violation-texas-parental</a>
Texas Attorney General Ken Paxton sued TikTok, one of the largest social media platforms, for operating its platform in a manner that puts the online safety and privacy of Texas children at risk and violates the Securing Children Online through Parental Empowerment ("SCOPE") Act.
"I will continue to hold TikTok and other Big Tech companies accountable for exploiting Texas children and failing to prioritize minors' online safety and privacy," said Attorney General Ken Paxton. "Texas law requires social media companies to take steps to protect kids online and requires them to provide parents with tools to do the same. TikTok and other social media companies cannot ignore their duties under Texas law."
To protect Texas children from harms associated with social media, the SCOPE Act prohibits digital service providers, such as TikTok, from sharing, disclosing, or selling a minor's personal identifying information without permission from the child's parent or legal guardian. Further, the SCOPE Act requires companies to provide parents with tools to manage and control the privacy and account settings on their child's account. TikTok has failed to comply with these requirements.&nbsp;
Attorney General Paxton is seeking civil penalties of up to $10,000 per violation and injunctive relief to prevent future violations of the SCOPE Act by TikTok.
To read the filing, <a href="https://www.texasattorneygeneral.gov/sites/default/files/images/press/TikTok%20Complaint%20As%20Filed.pdf">click here.</a>

Legal

SNAP

Reported Earlier, Attor­ney Gen­er­al Ken Pax­ton Sues Tik­Tok For Shar­ing Minors' Per­son­al Data In Vio­la­tion Of Texas Parental Con­sent Law

Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shares are trading marginally lower by 0.79% to $705.45 during Thursday&#8217;s session. Shares of several streaming companies are trading lower after Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) announced they will ramp up their Prime Video <a href="https://www.benzinga.com/general/entertainment/24/10/41162458/amazon-ceo-andy-jassy-said-prime-video-will-have-meaningfully-fewer-ads-than-rivals-2-month">advertising spend</a>.
What To Know: This development positions Amazon as an increasingly formidable competitor in the ad-supported streaming space, raising concerns about Netflix&#8217;s ability to maintain its leadership in an industry where advertising revenue is becoming a key battleground.
Amazon's move to increase the number of ads on Prime Video reflects its broader strategy to enhance its already substantial $38 billion advertising business. Despite introducing ads just eight months ago, Amazon has seen little impact on subscriber numbers, suggesting that its user base is more tolerant of ads than initially expected. 
This trend could be particularly concerning for Netflix, which only recently launched its ad-supported tier and has been battling to find the right balance between maintaining subscriber satisfaction and increasing ad revenue.
Read Also: <a href="https://www.benzinga.com/general/education/24/10/41166723/how-many-evs-has-tesla-delivered-produced-each-quarter-a-look-at-the-results-since-2019">How Many EVs Has Tesla Delivered, Produced Each Quarter? A Look At The Results Since 2019</a>
What Else: The competitive threat posed by Amazon is multi-faceted. Not only is Prime Video reportedly undercutting Netflix on advertising pricing, making it a more attractive option for marketers, but the service also boasts a global reach of 200 million monthly viewers, including 19 million in the UK. 
These figures rival Netflix's vast subscriber base and indicate that Amazon's advertising platform is gaining serious momentum. For Netflix, this represents a potential loss of both advertisers and revenue growth, especially as companies seek to optimize their ad budgets by choosing platforms that offer both affordability and reach.
Adding to the competitive pressure, Amazon has emphasized its intention to maintain "meaningfully fewer ads" than rivals like Netflix and Disney+. This could further erode Netflix's market position, as the streaming giant may be forced to reevaluate its ad load to remain competitive, potentially risking a negative reaction from subscribers. 
Netflix has already experienced some hesitation from users when it introduced its ad-supported tier, and Amazon's approach could set a new standard for ad tolerability in the industry.
Read Also: <a href="https://www.benzinga.com/trading-ideas/previews/24/10/41170128/jobs-report-preview-could-september-labor-data-shift-feds-interest-rate-path">Jobs Report Preview: Could September Labor Data Shift Fed&#8217;s Interest Rate Path?</a>
<h2 class="wp-block-heading">Is NFLX A Good Stock To Buy?</h2>
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/NFLX">Netflix</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Netflix does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/NFLX">Netflix</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NFLX has a 52-week high of $725.26 and a 52-week low of $344.73.

NFLX

What's Going On With Netflix Stock?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$245.00</td>
<td>$35.7K</td>
<td>6.6K</td>
<td>78.0K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$84.00</td>
<td>$967.0K</td>
<td>8.6K</td>
<td>7.6K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.50</td>
<td>$109.8K</td>
<td>76.6K</td>
<td>7.3K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$120.00</td>
<td>$37.0K</td>
<td>13.0K</td>
<td>6.6K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$170.00</td>
<td>$30.6K</td>
<td>10.1K</td>
<td>4.4K</td>
</tr>
<tr>
<td>CZR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$42.1K</td>
<td>41</td>
<td>1.0K</td>
</tr>
<tr>
<td>LI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$28.50</td>
<td>$52.3K</td>
<td>1.7K</td>
<td>790</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$160.00</td>
<td>$51.6K</td>
<td>4.5K</td>
<td>745</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$52.50</td>
<td>$26.2K</td>
<td>260</td>
<td>471</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$360.00</td>
<td>$81.3K</td>
<td>90</td>
<td>425</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on October 4, 2024. This event was a transfer of 183 contract(s) at a $245.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $196.0 per contract. There were 6640 open contracts at this strike prior to today, and today 78087 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on October 4, 2024. Parties traded 5662 contract(s) at a $84.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $967.0K, with a price of $172.0 per contract. There were 8648 open contracts at this strike prior to today, and today 7607 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option sweep with bullish sentiment. It expires in 106 day(s) on January 17, 2025. Parties traded 915 contract(s) at a $7.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $109.8K, with a price of $120.0 per contract. There were 76648 open contracts at this strike prior to today, and today 7322 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on October 11, 2024. Parties traded 186 contract(s) at a $120.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $199.0 per contract. There were 13022 open contracts at this strike prior to today, and today 6639 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option trade with bullish sentiment. It expires in 43 day(s) on November 15, 2024. Parties traded 75 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $409.0 per contract. There were 10120 open contracts at this strike prior to today, and today 4429 contract(s) were bought and sold. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on October 18, 2024. This event was a transfer of 390 contract(s) at a $42.50 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $42.1K, with a price of $108.0 per contract. There were 41 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold. 
• For LI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on October 4, 2024. This event was a transfer of 582 contract(s) at a $28.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $52.3K, with a price of $90.0 per contract. There were 1756 open contracts at this strike prior to today, and today 790 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option trade with bearish sentiment. It expires in 43 day(s) on November 15, 2024. Parties traded 60 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $51.6K, with a price of $860.0 per contract. There were 4541 open contracts at this strike prior to today, and today 745 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option sweep that happens to be bullish, expiring in 351 day(s) on September 19, 2025. This event was a transfer of 75 contract(s) at a $52.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $350.0 per contract. There were 260 open contracts at this strike prior to today, and today 471 contract(s) were bought and sold. 
• For ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on October 11, 2024. This event was a transfer of 332 contract(s) at a $360.00 strike. This particular put needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $81.3K, with a price of $245.0 per contract. There were 90 open contracts at this strike prior to today, and today 425 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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On Wednesday, the National Labor Relations Board (NLRB) charged Amazon.com&nbsp;Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), a joint employer of its Delivery Service Partner (DSP) drivers, for failing to acknowledge and bargain with the <a target="_blank" href="https://www.prnewswire.com/news-releases/nlrb-doubles-down-amazon-is-a-joint-employer-302266076.html" rel="noreferrer noopener">Teamsters Union</a>.
As per the NLRB, Amazon employed multiple unfair labor practices to prevent union activities at a facility in Palmdale, California.
The charges against Amazon included its refusal to recognize the workers&#8217; right to unionize, its refusal to bargain with the Teamsters over employment conditions, and the termination of its DSP contract.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/09/40927136/amazon-boosts-worker-pay-to-over-29hour-invests-2-2b-as-holiday-kicks-in" rel="noreferrer noopener">Amazon Boosts Worker Pay to Over $29/Hour, Invests $2.2B As Holiday Kicks In</a>
They also alleged that Amazon threatened employees who joined the union with security guards and other forms of retaliation.
The NLRB urged Amazon to reinstate terminated drivers at the Palmdale facility.
Amazon always opposed the tag of the <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/40724090/amazon-declared-joint-employer-of-contracted-delivery-drivers-by-labor-board-paving-the-way-for-" rel="noreferrer noopener">joint employer of</a> its contracted delivery companies.
However, lawmakers and labor groups, including the Teamsters union, reasoned that drivers wear Amazon-branded uniforms, drive Amazon-branded vans, and follow Amazon-branded schedules.
As <a target="_blank" href="https://apnews.com/article/amazon-nlrb-50ee06d87d4eaef22386382761335ef8" rel="noreferrer noopener">recent</a> as last week, Amazon challenged the NLRB&#8217;s structure in a lawsuit that charged the agency with influencing the outcome of a union election at a company warehouse more than two years ago.
Previously, the NLRB <a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38573227/amazon-ceo-andy-jassy-violated-federal-labor-law-with-his-anti-union-remarks-nlrb-judge-rules" rel="noreferrer noopener">called out Amazon</a> chief&nbsp;Andy Jassy for voicing his opinions against unionization, leading to a less empowered workforce and a slower, more bureaucratic workplace.
In June 2024, <a target="_blank" href="https://www.benzinga.com/markets/equities/24/06/39394913/amazon-slapped-with-5-9m-fine-for-violating-worker-quota-law-in-california-nearly-60k-times-over" rel="noreferrer noopener">California labor regulator</a> penalized Amazon by $5.9 million for violating worker quota law at its two warehouses. France&#8217;s privacy regulator fined Amazon $35 million in 2024 for violating labor norms.
<a target="_blank" href="https://www.benzinga.com/government/24/04/38017098/amazons-massive-spending-to-thwart-unionization-efforts-over-3m-spent-on-persuaders-in-2023" rel="noreferrer noopener">Reportedly, Amazon spent</a> over $3 million in 2023 to avert unionization among its delivery network employees.
Price Action: AMZN stock is down 1.33% at $182.34 at last check Thursday.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/07/40001398/apple-makes-history-with-first-us-union-labor-agreement" target="_blank" rel="noreferrer noopener">Apple Makes History With First US Union Labor Agreement</a></li>
</ul>
Photo: courtesy of Amazon

Government

Regulations

Amazon Accused of Union-Busting After Drivers Unionize, NLRB Files Complaint

American Tower Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) shares are trading lower today. On Tuesday, American Tower&#8217;s subsidiary CoreSite announced that Amazon Web Services (AWS) Direct Connect has launched native 400 Gbps (400G) Dedicated <a href="https://www.benzinga.com/pressreleases/24/10/b41121141/aws-launches-native-400g-direct-connect-at-coresites-silicon-valley-and-northern-virginia-campuses" target="_blank" rel="noreferrer noopener">Connections at four select locations in the U.S</a>.
The locations include CoreSite&#8217;s data center campuses in Silicon Valley and Northern Virginia.
CoreSite&#8217;s Silicon Valley campus will soon expand with the 240,000-square-foot SV9 data center, which is expected to be completed in the&nbsp;fourth quarter of 2024.
This addition will bring the campus to nine interconnected facilities with a total of 1.179 million square feet.
SV9, certified under the NVIDIA DGX-Ready Data Center program, will be an ideal site for deploying AI-powered 400G solutions.
These sites are ideal for deploying demanding hybrid applications due to their proximity to AWS availability zones, ensuring exceptional network performance and low latency for customers.
Juan Font, President and CEO of CoreSite, SVP of American Tower said, &#8220;The new 400G Direct Connect from AWS is particularly beneficial to customer applications that transfer large-scale datasets for large language model training and real-time applications like advanced driver assistance systems.&#8221;
In July, American Tower reported that second-quarter revenue grew 4.6% to $2.90 billion, beating estimates, and AFFO per share increased 9.8% <a href="https://www.benzinga.com/news/earnings/24/07/40048253/american-tower-q2-earnings-revenue-and-tenant-billings-growth-ceo-focuses-on-india-us-canada-segmen" target="_blank" rel="noreferrer noopener">to $2.79, surpassing consensus</a>.
American Tower plans to announce its third quarter 2024 results <a href="https://www.benzinga.com//node/41129280" target="_blank" rel="noreferrer noopener">on Tuesday, October 29, 2024. </a>
Investors can gain exposure to the stock via Pacer Data &amp; Infrastructure Real Estate ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRVR#NYSE">SRVR</a>) and Global X Data Center &amp; Digital Infrastructure ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCR#NASDAQ">DTCR</a>).
Price Action: AMT shares are down 0.74% at $230.17 at the last check Thursday.
Read Next:
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American Tower Boosts Data Power: New 400G AWS Connections To Fuel AI And Big Data At Key US Data Centers

Morgan Stanley analyst Brian Nowak reiterated Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with an Overweight rating and a <a href="https://www.benzinga.com/quote/AMZN/analyst-ratings" target="_blank" rel="noreferrer noopener">$210&nbsp;price target</a>.
Amazon traded at 22 times Nowak&#8217;s 2026 free cash flow, representing 29% growth (fiscal 2024-2026 free cash flow per share CAGR). He said this is a ~30% discount to Amazon&#8217;s mega-cap tech peer median growth-adjusted multiple on a growth-adjusted basis.
Also Read: <a href="https://www.benzinga.com/news/24/10/41162084/amazon-prime-video-ramps-up-ads-taking-on-netflix-and-disney-in-streaming-battle" target="_blank" rel="noreferrer noopener">Amazon Prime Video Ramps Up Ads, Taking on Netflix and Disney+ in Streaming Battle</a>
The price target implies paying 20 times fiscal 2027 free cash flow for 24% growth (fiscal 2025-2027 free cash flow per share CAGR) and 0.8 times on a growth-adjusted basis, a ~20% discount to Amazon&#8217;s mega-cap tech peer median growth-adjusted multiple of 1.1 times.
Nowak noted the tactical risk to fourth-quarter EBIT but is buying weakness into fiscal 2025 as the profit challenges are temporary and not structural.
Nowak said Amazon&#8217;s growing focus on lower-priced, lower-margin essentials drives merchandise margin pressure, which is holding back the near-term slope of its North American retail profit ramp. Expected discounting in a competitive holiday season creates further near-term uncertainty, he said.
According to the analyst, Amazon makes low-priced essentials profitable and the cost to serve still leads to $8-$9 free cash flow per share. Corporate efficiencies could lead to $2 billion-$4 billion of further savings, and Project Kuiper and headcount models speak to minimal headwinds here.
Nowak said Amazon management&#8217;s recent letter outlining an increased focus on efficiency should lead to a further EBIT cushion and upside in fiscal 2025.
Project Kuiper is likely to be manageable from a P&amp;L-impact perspective, Nowak said. He noted Amazon&#8217;s growing net cash balance creates a higher probability of capital returns in fiscal 2025.
Nowak projected fiscal 2024 revenue of $633.96 billion and EPS of $4.80. He expects fiscal 2025 revenue of $ 697.94 billion and EPS of $5.93.
AMZN Price Action:&nbsp;Amazon stock is down 1.15% at $182.64 at publication Thursday.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41163890/alibaba-and-jd-com-battle-for-hong-kong-shoppers-stocks-slid-after-stimulus-rally" target="_blank" rel="noreferrer noopener">Alibaba and JD.com Battle for Hong Kong Shoppers, Stocks Slide After Stimulus Rally</a></li>
</ul>
Photo: Shutterstock

Amazon's Profitable Essential Merchandise, Efficiency Gains Set To Drive Growth: Analyst

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-03_08h44_42.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Cognitive Dissonance</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-bonds-israel-strike-iran-tlt-mc-10032024">click here</a> for an enlarged chart of iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>).
Note the following:
<ul>
<li>The chart shows when the Fed rate cut was announced.</li>
<li>At the time the Fed rate cut was announced, this was the landscape:
<ul>
<li>Wall Street firms were tripping over themselves to rush their clients into buying long bonds.</li>
<li>The momo crowd was aggressively buying long bonds.</li>
<li>Technically, long bonds had broken out.</li>
<li>Trading services were sending signals to their members to go all in on buying long bonds.</li>
<li>Almost everyone was predicting that bond yields would fall much lower.</li>
</ul>
</li>
<li>Long bonds move inversely to the yield.&nbsp; When yield goes higher, long bonds fall.</li>
<li>On the morning before the Fed rate cut announcement, The Arora Report made a bold call contrary to the prevailing wisdom.  The call was inline with prior calls that long bond yields may rise and long bonds may fall after the rate cut.  We wrote:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">One unintended consequence may be a rise in long term yields in due course.
</blockquote>
<ul>
<li>The chart shows that long bonds have fallen and yields have risen.</li>
<li>The chart shows that the breakout above the resistance zone failed.&nbsp; Ironically, this breakout was the reason legions of investors who rely only on traditional technical analysis bought long bonds on the breakout. To make matters worse, most of such bond trading positions are taken on high leverage.&nbsp; Due to high leverage, these positions now have substantial losses.
<ul>
<li>This is a cautionary tale that illustrates why investors should not rely solely on one form of analysis such as traditional technical analysis. Investors should rely on systems, such as The Arora Report system, that synergistically combine in an optimized manner the best elements of the following:
<ul>
<li>Macro analysis</li>
<li>Fundamental analysis</li>
<li>Technical analysis</li>
<li>Quantitative analysis</li>
</ul>
</li>
</ul>
</li>
<li>Money is flowing into the safety of Treasuries due to anxiety about potential escalation of conflict in the Middle East.&nbsp; In The Arora Report analysis, if it was not for the escalation in the Middle East, TLT would have been much lower now.</li>
<li>Going forward, investors need to remember the probability adjusted risk reward ratio in long bonds is not great.  Long bonds will work only if there is a major recession or a major war breaks out.  However, investors need to remember that the stock market is counting on no recession. Investors are suffering from cognitive dissonance – they are buying stocks believing that there will not be a recession, they are buying bonds believing there will be a recession.</li>
<li>If inflation starts rising again, investors in long bonds will experience major losses.&nbsp; Investors are very short sighted and are also losing track of the fact that the election is not far away.&nbsp; Both Trump and Harris are committed to more reckless borrowing and more reckless spending.&nbsp; This will increase the supply of Treasuries.&nbsp; How can a higher supply of Treasuries be good for long bonds?&nbsp; The answer is that it is not good for long bonds.</li>
<li>On the positive side, NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), CEO Jensen Huang says Blackwell production is in full swing and the demand for Blackwell is insane.</li>
<li>Also on the positive side, OpenAI has raised $6.6B in new funds at a valuation of $157B.&nbsp; This valuation is significantly higher than the last round.</li>
<li>Anxiety is building among investors regarding the upcoming strike on Iran by Israel.&nbsp; There are reports that Israel wants to attack Iran's nuclear installations, but Biden is trying to restrain Israel.</li>
<li>Initial jobless claims came at 225K vs. 223K consensus.&nbsp; Jobless claims are not showing weakness in the jobs picture.&nbsp; Powell saw weakness in the jobs picture, and that was one of his justifications for the 50 bps rate cut.&nbsp; More information will become available about the jobs picture tomorrow when the official jobs report is released at 8:30am ET.&nbsp; The jobs report has the potential to be a major market moving event.</li>
<li>ISM Non-Manufacturing Index will be released at 10am ET.&nbsp; The consensus is 51.6.&nbsp; This data may be market moving.</li>
</ul>
<h3 class="wp-block-heading">China</h3>
The stock buying stampede in Hong Kong is slowing.  Mainland markets are closed.  Prudent investors are taking advantage of the rally to sell.  As full disclosure, The Arora Report&#8217;s plan continues to be to buy on a dip.  The Arora Report has new buy zones for Mainland China ETF Xtrackers Hvst CSI 300 China A Shs ETF Class A (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASHR#NYSE">ASHR</a>) and Hong Kong ETF iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) in The Arora Report&#8217;s ZYX Emerging.
<h3 class="wp-block-heading">India</h3>
Growth concerns are emerging in India.  Money is beginning to flow out of India and into China.  As full disclosure, The Arora Report has new signals on India ETF WisdomTree India Earnings Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPI#NYSE">EPI</a>), VanEck India Growth Leaders ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLIN#NYSE">GLIN</a>), and iShares MSCI India Small-Cap ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/SMIN#BATS">SMIN</a>) in The Arora Report&#8217;s ZYX Emerging.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in NVDA.
In the early trade, money flows are neutral in Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
In the early trade, money flows are negative in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).  The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).  The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing selling along with junk stocks.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

ASHR

GLIN

SMIN

iShares Trust Barclays 20+ Year Treasury Bond Fund

Investors Suffering Cognitive Dissonance, Insane Demand For Nvidia Chips, Anxiety Builds About Israel And Iran

Jim Cramer has urged companies to reduce prices to attract consumers amid ongoing inflation concerns. He emphasized the need for a &#8220;giant reset&#8221; in pricing strategies.
What Happened: Cramer pointed out that while price increases have slowed, many businesses are hesitant to lower them due to worries about gross margins. He believes this reluctance is misguided and that companies must recognize the necessity for price reductions, CNBC <a href="https://www.cnbc.com/2024/10/02/cramer-says-companies-must-lower-prices-time-for-a-giant-reset.html">reported</a> on Wednesday.
"Companies are so reluctant to take prices down because they don't want to hurt their treasured gross margins," he said.
"But I think it may be time for a giant reset."
He cited examples, such as liquor companies attributing declining sales to changing consumer preferences rather than high costs. Cramer also mentioned Nike Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), which reported a mixed quarter, as an example of how inflation is affecting business.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41134194/odds-of-tim-walz-winning-the-vp-debate-drop-on-polymarket-as-bettors-favor-jd-vance-harris?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Odds Of Tim Walz Winning The VP Debate Drop On Polymarket As Bettors Favor JD Vance — Harris Maintains Lead Over Trump</a>
Cramer noted that consumers and Wall Street are favoring companies offering lower prices. He mentioned McDonald&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) extending its $5 value meal and noted stock gains for Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), and Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) as evidence.
Cramer predicted that 2024 will be remembered as the year consumers rejected inflated prices, leading to significant consequences for companies that fail to adjust.
Why It Matters: The call for price reductions comes at a time when market sentiment remains cautious. Traders are in a <a href="https://www.benzinga.com/news/earnings/24/10/41161081/us-stocks-staring-at-another-weak-open-as-traders-await-key-jobs-report-sentiment-wavers-as-oil-ext">&#8220;wait-and-watch&#8221; mode</a>, anticipating key economic data, including non-farm payrolls. This cautious sentiment is compounded by geopolitical tensions and other economic factors.
Additionally, the S&amp;P 500 recently <a href="https://www.benzinga.com/markets/equities/24/09/41029448/s-p-500-hits-all-time-highs-nasdaq-100-tops-20k-ahead-of-key-economic-data-whats-driving-markets">reached record highs</a>, with the Nasdaq 100 surpassing the 20,000-point mark. Despite these gains, the market has shown sideways performance as investors digest positive stimulus news from China and await further economic data. 
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Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

COST

Jim Cramer Pushes For Strategic Price Cuts Among Companies Amid Inflation Worries: 'It May Be Time For A Giant Reset'

Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) is reportedly set to increase the number of advertisements on its <a href="https://www.benzinga.com/topic/amazon-prime-video">Prime Video platform</a> starting next year. This initiative is part of the company&#8217;s broader strategy to enhance its ad-supported streaming services.
What Happened: Since introducing ads eight months ago, Amazon has not seen a significant drop in subscribers, alleviating fears of a negative reaction. Kelly Day, Prime Video International&#8217;s vice-president, mentioned that more ad slots will be available for brands by 2025, according <a href="https://www.ft.com/content/f8112991-820c-4e09-bcf4-23b5e0f190a5">to</a> a Financial Times report.
During its inaugural London &#8220;up front&#8221; event on Wednesday, Amazon will outline its advertising plans to attract investment for the upcoming year. Day noted that the ad &#8220;load&#8221; would see a slight increase into 2025.
Amazon&#8217;s foray into the ad-supported streaming market positions it alongside competitors such as Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) and Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>). The company aims to showcase its ability to reach 19 million monthly viewers in the UK and 200 million globally.
See Also: <a href="https://www.benzinga.com/news/24/09/41020589/tech-youtuber-mkbhd-responds-after-facing-massive-backlash-over-his-new-12-a-month-wallpaper-app?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tech YouTuber MKBHD Responds After Facing Massive Backlash Over His New $12 A Month Wallpaper App</a>
Interactive ad formats will also be introduced, allowing viewers to engage directly with brands through their devices. This initiative underscores Amazon&#8217;s capability to convert ads into sales on its retail platform.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: Amazon&#8217;s decision to expand its ad presence on Prime Video comes at a time when the streaming landscape is rapidly evolving. Earlier this year, <a href="https://www.benzinga.com/general/entertainment/24/01/36815328/amazon-to-introduce-ads-to-prime-video-potentially-generating-billions-in-revenue">Amazon introduced ads</a> on its platform, aiming to boost its $38 billion advertising business. This move marked a significant shift in the streaming advertisement arena, presenting a lucrative opportunity for advertisers seeking to connect with audiences across various streaming services.
In July, Amazon was reported to be <a href="https://www.benzinga.com/news/24/07/40042764/amazon-challenges-netflix-with-cheaper-ad-slots-boosts-prime-video-ads-report">undercutting rival</a> Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) on advertising pricing, as it battles for marketers&#8217; attention. The company is going through its first &#8220;up front,&#8221; where television companies present their plans to advertisers to attract funding for the next year.
Moreover, Amazon CEO Andy Jassy stated in August that Prime Video intends to have <a href="https://www.benzinga.com/general/entertainment/24/08/40127469/amazon-ceo-says-while-ads-have-become-a-norm-prime-video-intends-to-have-meaningfully-fewer">&#8220;meaningfully fewer ads&#8221;</a> than competitors like Netflix, YouTube, and Disney+. This approach highlights Amazon&#8217;s strategy to differentiate itself in the crowded streaming market.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Unsplash

Entertainment

Amazon CEO Andy Jassy Said Prime Video Will Have 'Meaningfully Fewer Ads' Than Rivals. 2 Months Later, Streaming Giant Is Reportedly Set To Get More Ads

Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) targets more advertisements across its television shows and movies on Prime Video in 2025, taking a cue from Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) and Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) Disney+, the Financial Times <a target="_blank" href="https://www.ft.com/content/f8112991-820c-4e09-bcf4-23b5e0f190a5" rel="noreferrer noopener">cites</a> Kelly Day of Prime Video International.
Day told FT that Amazon had ramped up spending on Prime content, including more on live sports rights, like its rivals.
Streaming rivals Netflix, Warner Bros. Discovery, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) Max, Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) Paramount+, and Disney+&#8217;s cheaper ad-supported tier bears testimony to the popularity that Amazon proposes to mint now.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41147159/netflix-disney-amazon-hit-by-philippines-new-12-tax-on-digital-providers" rel="noreferrer noopener">Netflix, Disney+, Amazon Hit By Philippine&#8217;s New 12% Tax On Digital Providers</a>
In January, Citi estimated over $5 billion in <a target="_blank" href="https://www.benzinga.com/news/24/07/40042764/amazon-challenges-netflix-with-cheaper-ad-slots-boosts-prime-video-ads-report" rel="noreferrer noopener">&#8220;high-margin advertising revenue&#8221;</a> from Prime Video.
According to FT, Amazon&#8217;s digital advertising business revenues rose 20% to $12.8 billion during the second quarter of 2024.
Day told the FT that Amazon proposes to tap advertisers by showcasing its potential to reach about 19 million monthly British viewers, implying a third of the population.
Amazon&#8217;s ad-supported Prime Video tier had a global ad reach of 200 million, with more than 50% in the U.S. Amazon also eyes interactive and &#8220;shoppable&#8221; ad formats for Prime Video.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03051056/newplot-3.png" alt="" class="wp-image-578178" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03051056/newplot-3.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03051056/newplot-3-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Netflix&#8217;s stock has increased 89% in the last 12 months. KeyBanc analyst&nbsp;Justin Patterson <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41123711/netflix-stock-could-get-boost-from-nfl-games-squid-game-season-2-analyst-says-conte" rel="noreferrer noopener">projected upside from</a> its content slate, including National Football League games, &#8220;Squid Game,&#8221; and an upcoming price hike.
According to <a target="_blank" href="https://www.statista.com/statistics/496011/usa-svod-to-tv-streaming-usage/" rel="noreferrer noopener">Statista</a>, in the second quarter of 2024, Amazon Prime Video and Netflix&#8217;s subscription video-on-demand (SVOD) services had a market share of 22% each in the U.S. Netflix had 247.2 million subscribers compared to Amazon Prime Video&#8217;s 200 million, and Disney+ had 150.2 million, according to a Forbes <a target="_blank" href="https://www.forbes.com/home-improvement/internet/streaming-stats/" rel="noreferrer noopener">report</a>.
Walt Disney stock is up over 18%. The company&#8217;s <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41121316/disney-stock-could-experience-joy-thanks-to-inside-out-2-in-theaters-and-streaming-on-disne" rel="noreferrer noopener">2024 blockbusters, including</a> &#8220;Inside Out 2&#8221; and &#8220;Deadpool &amp; Wolverine,&#8221;&nbsp;could boost its streaming service.
Amazon stock has grown by over 48% in the last 12 months thanks to its <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40114662/amazon-q2-earnings-highlights-revenue-miss-eps-beat-q3-guidance-and-more" rel="noreferrer noopener">e-commerce and cloud businesses</a>.
Price Action: AMZN stock is down 0.25% at $184.30 premarket at the last check Thursday.
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Photo courtesy: Thibault Penin on Unsplash

PARA

Amazon Prime Video Ramps Up Ads, Taking on Netflix and Disney+ in Streaming Battle

Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) underwent analysis by 41 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">17</td>
<td style="text-align: right;">24</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">15</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $226.1, a high estimate of $265.00, and a low estimate of $200.00. Observing a 1.5% increase, the current average has risen from the previous average price target of $222.76. 
<img src="https://www.benzinga.com/files/images/story/2024/1727956946_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Amazon.com. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$230.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$265.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$230.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Mark Mahaney</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$240.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$230.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$230.00</td>
<td>-</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$230.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicholas Jones</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$265.00</td>
<td>$245.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$225.00</td>
<td>$232.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$210.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Barton Crockett</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$221.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$215.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Nicholas Jones</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$245.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Tom Forte</td>
<td>Maxim Group</td>
<td>Raises</td>
<td>Buy</td>
<td>$251.00</td>
<td>$238.00</td>
</tr>
<tr>
<td>Justin Post</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$210.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Rohit Kulkarni</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$215.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Daniel Kurnos</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$200.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$235.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$215.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Scott Devitt</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Brent Thill</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$225.00</td>
<td>$235.00</td>
</tr>
<tr>
<td>Mark Kelley</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$224.00</td>
<td>$228.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$230.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$230.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Nicholas Jones</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Stephen Ju</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$224.00</td>
<td>$217.00</td>
</tr>
<tr>
<td>Scott Devitt</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$230.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$240.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Nicholas Jones</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Mark Shmulik</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$215.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$230.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$210.00</td>
<td>$205.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$220.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Daniel Kurnos</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$200.00</td>
<td>$200.00</td>
</tr>
<tr>
<td>Shweta Khajuria</td>
<td>Wolfe Research</td>
<td>Announces</td>
<td>Outperform</td>
<td>$250.00</td>
<td>-</td>
</tr>
<tr>
<td>John Blackledge</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$245.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Rohit Kulkarni</td>
<td>Roth MKM</td>
<td>Maintains</td>
<td>Buy</td>
<td>$210.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$205.00</td>
<td>$205.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Amazon.com. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Amazon.com compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Amazon.com's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Amazon.com's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/AMZN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Amazon.com analyst ratings.</a>
<h2>Unveiling the Story Behind Amazon.com</h2>
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
<h3>Financial Milestones: Amazon.com's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Amazon.com's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 10.12%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Amazon.com's net margin excels beyond industry benchmarks, reaching 9.11%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Amazon.com's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.95%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Amazon.com's ROA stands out, surpassing industry averages. With an impressive ROA of 2.48%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.56.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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