This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Amazon Set to Debut Streaming Product Next Week

NEW YORK (TheStreet) -- Amazon (AMZN - Get Report) has sent out invitations to an event in New York next Wednesday which is expected to mark the debut of the company's eagerly-anticipated streaming device.

The invitation, which shows an armchair and a bowl of popcorn, clearly indicates the company's desire to make inroads into the living room. "Please join us for an update on our video business," it says.

Speculation has swirled for months around Amazon's next big product announcement and media reports have pointed to the launch of a streaming device.  TechCrunch reports that the device could come in dongle form and start shipping in April via Amazon's Web site and retailers such as Best Buy (BBY) and Staples (SPLS).

A number of tech heavyweights, however, are already playing in this space. An Amazon streaming product would be up against Apple's (AAPL) Apple TV, Google's (GOOG) Chromecast and Roku's streaming device. There has been chatter that Amazon's new offering could be part of the Kindle Fire family and carry Netflix (NFLX), Pandora (P), Hulu Plus and Amazon Instant Video.

Amazon shares dipped 0.99% to $340.03 during Thursday trading.

Must Read: Twitter Teams With Billboard to Tap Music Charts

 --Written by James Rogers in New York.

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AMZN $510.26 2.80%
AAPL $112.06 4.00%
FB $89.72 2.90%
GOOG $613.55 2.60%
TSLA $247.87 3.90%

Markets

Chart of I:DJI
DOW 16,351.38 +293.03 1.82%
S&P 500 1,948.86 +35.01 1.83%
NASDAQ 4,749.9790 +113.8740 2.46%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs