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Amazon's Stock 'Injected with Growth Hormones,' and Big Tech's Experiment With Live Sports
Manage episode 312940653 series 3253361
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Amazon’s stock has been on a tear since the beginning of the pandemic. We spoke with Tom Forte, Equity Research Analyst at D.A. Davidson, about top catalysts and risks for the stock, Amazon’s ambitions in autonomous tech, and its strategy for media assets including Prime Video and Twitch. We also spoke with John Ourand, Media Reporter at Sports Business Journal. Part of Amazon’s media game plan has been to experiment with live sports programming. Big tech has been dipping its toes into sports content as cord-cutting puts pressure on incumbent cable networks, and Amazon has arguably been the most aggressive.
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