AMZN News & Events

The major averages were lower throughout the morning but bounced back to have a mixed finish as markets react to news over the weekend of coordinated U.S.-Israeli strikes against Iran, as well as subsequent regional retaliation. The attacks generated widespread volatility and elevated uncertainty across asset classes. Many oil and defense names were rising following the news, with the price of oil surging amid concerns of supply disruptions, particularly around the Strait of Hormuz, a critical energy shipping corridor. Meanwhile, travel and airline stocks were falling amid worries around international travel in the region and abroad.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Oil stocks such as Exxon Mobiland Chevronwereafter U.S. and Israel attacked Iran over the weekendShares of defense contractors, including Lockheed Martinand Northrop Grumman,after the attacks on IranMeanwhile, travel names such as Expediaand Delta Air Linesafter the attacksAppleintroducedand announced a new iPad AirNvidiais partnering with andin Lumentumwhile also announcing a multiyear strategic agreement with Coherent2. WALL STREET CALLS:Netflixwith Overweight from Neutral at JPMorganCrowdStriketo Overweight at Piper SandlerPiper Sandler and StifelRestaurant Brandsfollowing investor dayNovo Nordiskto Neutral at Goldman SachsWall Streetof recent IPOs Forgent Power Solutionsand Bob's Discount Furniture3. AROUND THE WEB:Amazonhas closed fulfillment center operations and halted deliveries in Abu Dhabi amid tensions in the Middle East, Business Insider reportsBYD'svehicle sales dropped 41% year-over-year in February after retail activity in China stood close to a standstill for much of the month, Bloomberg reportsIn February, Teslagained market share in France and Norway, signaling stabilization in Europe after two years of declining sales, Reuters reportsQatarEnergy ceased liquefied natural gas production after military attacks on its Ras Laffan complex, the company said in a statement, according to Bloomberg. U.S. liquid natural gas producers that may react to this news include Cheniere Energyand Venture Global.Australia's internet regulator may push for search engines and app stores to block AI services that fail to verify users' ages, Reuters reports. App store and search engine operators in the space include Apple, Google, and Samsung.4. MOVERS:Venture Globalgains afterand announcing an LNG purchase agreement with TrafiguraOndashigher after announcing aRed Catincreases after announcing Allen Control has joined theuniQurefalls in New York afterand announcing the FDA recommended an additional study for its AMT-130 submissionAES Corp.lower after announcing itby a consortium led by GIP and EQT for $15/share in cash5. EARNINGS/GUIDANCE:Norwegian Cruise Lineand provided guidance for Q1 and FY26Belite Bio, with EPS beating consensusRadNetand provided guidance for FY26Turning Point Brands, with CEO Graham Purdy commenting, "We are excited by the growth of the modern oral category and the strong performance of our FRE and ALP brands"Uniti Groupand provided guidance for FY26INDEXES:The Dow fell 73.14, or 0.15%, to 48,904.78, the Nasdaq gained 80.65, or 0.36%, to 22,748.86, and the S&P 500 advanced 2.74, or 0.04%, to 6,881.62.

In a blog post, the About Amazon team wrote, " Today, at MWC26 Barcelona, we announced plans to invest EUR 33.7B in Spain to expand and support data centre infrastructure, delivering advanced artificial intelligence and cloud computing capabilities to organisations across Europe. Today's announcement adds EUR 18B to the EUR 15.7B investment already announced in 2024. The total planned investment in the Amazon Web Services Europe Region, located in Aragon, is estimated to contribute EUR 31.7B to Spain's total GDP through 2035, supporting an estimated 29,900 full-time equivalent jobs annually in local businesses, including direct, indirect, and induced. Of these, 6,700 are full-time jobs from Amazon's direct investment across multiple categories, including highly skilled data centre operations staff and employees of Amazon's suppliers such as construction workers building the facilities and data centre security personnel, among others. We're also planning to build supply chain facilities in Aragon that will directly support our data centre operations across Spain and Europe. When fully operational, the facilities are expected to create approximately 1,800 jobs in Aragon. The project will include a server manufacturing plant to complete assembly and testing, a manufacturing fulfilment warehouse, and a dedicated AI and machine learning server manufacturing and repair facility, a key component of our circular economy strategy."