Why Amazon Stock Rose Monday

Motley Fool2021-08-31

What happened Shares of Amazon.com are up a modest 2.4% as of 1:30 p.m. EDT on Monday -- which may not sound like much, but on a $1.7 trillion stock, it equates to an additional $40.8billionin market ...

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Comments

DC07
2021-09-01
DC07
All’s Good!!
Jaminwu
2021-08-31
Jaminwu
i just need to break even and sell ;')
lawteoh777
2021-08-31
lawteoh777
Ok. Noted
dw321
2021-08-31
dw321
Noted
onlyYou
2021-08-31
onlyYou
don't know
- deal2deal:
  [Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely]okokok
1Man2Stonks
2021-08-31
1Man2Stonks
Wow very good
- onlyYou:
  yea

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The former's stock is up 43.5% on the news, gaining 20 times as much as Amazon's shares are. But this is also an incremental positive for Amazon itself. It will be able to offer customers who spend $50 or more an alternative to paying up front in cash, buying with a credit card (which they might not have or might not want to use), or paying interest on their purchases (shorter-term Affirm payment options don't charge interest).\nInstead, they can simply pay for larger purchases through an installment plan with Affirm.\nNow what\nOn the one hand, this new payment option may increase spending at Amazon, which would be good news for the company. On the other hand, you have to imagine there will be some cannibalization of purchases through Amazon's Prime Rewards, Prime Store, and Prime Secured credit cards. And that would imply that Amazon will be giving up at least some of the revenue that it gets from its credit card partners in exchange for making a little more by (hopefully) scoring more sales with Affirm.\nWhether the latter outweighs the former will determine if this is as good news for Amazon asit's already turned out to be for Affirm.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":816041676,"gmtCreate":1630457479695,"gmtModify":1676530307512,"author":{"id":"3574483552269213","authorId":"3574483552269213","name":"DC07","avatar":"https://static.tigerbbs.com/8591c748d1cae4e6f686b3168830b2d4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574483552269213","authorIdStr":"3574483552269213"},"htmlText":"All’s Good!!","listText":"All’s Good!!","text":"All’s Good!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816041676","repostId":1154368976,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818524512,"gmtCreate":1630420759736,"gmtModify":1676530299538,"author":{"id":"3575423014243315","authorId":"3575423014243315","name":"Jaminwu","avatar":"https://static.tigerbbs.com/e406a9629077a6d66bf3ea9d74b7b538","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575423014243315","authorIdStr":"3575423014243315"},"htmlText":"i just need to break even and sell ;')","listText":"i just need to break even and sell ;')","text":"i just need to break even and sell ;')","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818524512","repostId":1154368976,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818111034,"gmtCreate":1630383133328,"gmtModify":1676530287536,"author":{"id":"4093015537749630","authorId":"4093015537749630","name":"lawteoh777","avatar":"https://static.tigerbbs.com/5ae1877cb7a2cdc2cf639fc280bc02e5","vip":1,"hat":"https://static.tigerbbs.com/3b7820dfed76481d8dc4de6ac5a7a136","crmLevel":1,"crmLevelSwitch":0,"idStr":"4093015537749630","authorIdStr":"4093015537749630"},"htmlText":"Ok. Noted","listText":"Ok. Noted","text":"Ok. Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818111034","repostId":1154368976,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818355637,"gmtCreate":1630378569329,"gmtModify":1676530286011,"author":{"id":"3578904373237924","authorId":"3578904373237924","name":"dw321","avatar":"https://static.tigerbbs.com/4425061ef8f6492240624ef8525e56af","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3578904373237924","authorIdStr":"3578904373237924"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818355637","repostId":1154368976,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818980370,"gmtCreate":1630370480491,"gmtModify":1676530282266,"author":{"id":"3581973193946918","authorId":"3581973193946918","name":"onlyYou","avatar":"https://community-static.tradeup.com/news/0108e9ddac2049295967c2731569e0d5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581973193946918","authorIdStr":"3581973193946918"},"htmlText":"don't know","listText":"don't know","text":"don't know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818980370","repostId":1154368976,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5715179,"gmtCreate":1630476258799,"gmtModify":1663233214434,"authorId":3581585579569862,"author":{"id":3581585579569862,"idStr":"3581585579569862","authorId":3581585579569862,"name":"deal2deal","avatar":"https://community-static.tradeup.com/news/607f6298ac9b66df9d46f0b9ab487f4b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818980370,"type":1,"supId":0,"prevId":0,"content":" [Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely]okokok","text":" [Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely]okokok","html":" [Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely][Lovely]okokok"}],"langContent":"EN"},{"id":818914307,"gmtCreate":1630370405709,"gmtModify":1676530282228,"author":{"id":"3576990637797737","authorId":"3576990637797737","name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576990637797737","authorIdStr":"3576990637797737"},"htmlText":"Wow very good","listText":"Wow very good","text":"Wow very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818914307","repostId":1154368976,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5700100,"gmtCreate":1630370471542,"gmtModify":1663233144736,"authorId":3581973193946918,"author":{"id":3581973193946918,"idStr":"3581973193946918","authorId":3581973193946918,"name":"onlyYou","avatar":"https://community-static.tradeup.com/news/0108e9ddac2049295967c2731569e0d5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818914307,"type":1,"supId":0,"prevId":0,"content":"yea","text":"yea","html":"yea"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":80,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154368976"}