AMZN Jan 2024 55.000 put
| Previous close | 0.0600 |
| Open | 0.0400 |
| Bid | 0.0300 |
| Ask | 0.0400 |
| Strike | 55.00 |
| Expiry date | 2024-01-19 |
| Day's range | 0.0400 - 0.0400 |
| Contract range | N/A |
| Volume | |
| Open interest | 5.3k |
- Yahoo Finance Video
Prime Video ads could add billions to Amazon's bottom line: Analyst
Amazon (AMZN) aims to roll out its new advertisement plan early next year, running ads on its video streaming service - Prime Video. A report from UBS says it could potentially bring in over $6 billion dollars in incremental revenue for the company. UBS U.S. Internet Analyst Lloyd Walmsley joins Yahoo Finance to discuss Amazon's plan and how it will affect their bottom line. Walmsley explains the potential upside, "The incremental margins here are quite high. If they can get over time up to something like $6 billion at an 80% incremental margin, you're talking in the neighborhood of $5 billion of incremental operating profit." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Netflix considers raising price of ad-free tier: Report
Netflix (NFLX) is considering raising prices for its ad-free streaming plan after the conclusion of the Hollywood actors' strike, according to the Wall Street Journal. Yahoo Finance Entertainment Reporter Alexandra Canal details the streaming service's price hike decision, examining rising subscription costs in the streaming space over the past decade. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Motley FoolWhy Amazon Stock Dropped on Tuesday
Shares of Amazon.com (NASDAQ: AMZN) slid 3% through 12:30 p.m. ET on Tuesday after Reuters -- in an exclusive report -- warned that British regulators may launch an antimonopoly investigation into the company's dominance of the cloud computing marketplacej. Microsoft (NASDAQ: MSFT) -- also reported to be part of the probe -- saw its shares slide a similar 2.5%. As Reuters reports, the British media regulator "Ofcom" (short for the Office of Communications) has actually been looking into Amazon's and Microsoft's dominance in cloud computing since April -- but is now preparing to issue an official report on Thursday.
