A U.S. District Court certified a class action lawsuit against Amazon, alleging violation of Illinois' Biometric Information Privacy Act (BIPA) by collecting biometric data through Amazon Photos without proper notice or consent. The class includes Illinois residents whose facial images were processed using Amazon's facial-recognition technology from 2016 to 2023. The court rejected Amazon's argument that consent issues are individualized, emphasizing that the case hinges on whether Amazon provided adequate notice and obtained written consent as required by law. This ruling allows potentially hundreds of thousands of users to pursue claims against Amazon.
Amazon.com Inc (AMZN) trades at USD 266.25 on Pluang as of Nov 12, 2026 01:11 WIB, down 1.71% for the day. The stock's market cap stands at $2.93 trillion with a 52-week high of $284.02 and low of $198.79. Pluang users hold AMZN shares for an average of 129 days, with current order activity showing 62% selling and 38% buying interest.
Amazon is projected to reach $350 per share by 2027, supported by rapid growth in its cloud business AWS, which is expected to grow over 40% annually in 2027 and 2028. Analysts have a consensus price target of $326.74, implying nearly 29% upside from...
Amazon's AWS segment grew 39% year-over-year in Q3 2026, marking its fastest growth in nearly five years and driving the company's highest-ever consolidated operating margin of 13.9%. AWS revenue hit $45.98 billion with operating income rising to $17...
Registration is now open for Brand Licensing Expo 2027, scheduled for May 25-27 at Mandalay Bay, Las Vegas. The event, rebranded from Licensing Expo, features over 265 confirmed exhibitors including major brands like Amazon MGM Studios, Coca-Cola, an...
Amazon.com remains a strong buy as its AWS backlog surged to $578 billion, with a diversified customer base reducing risk. Management aims for over 40% AWS revenue growth by 2027-2028 and operating profits possibly reaching $133 billion by 2028. Alth...
Alphabet and Amazon reported strong Q3 cloud growth, with Alphabet's Google Cloud revenue doubling and Amazon's AWS growing 39%. Alphabet integrates its custom TPU chips tightly with its own AI models, driving high demand and profitability, while Ama...
