PRME
NASDAQ · Biotechnology
Prime Medicine Inc
$4.72
-0.52 (-9.92%)
PRME News28 articles
PrimeBOT Hits 5,000 Robots, Tests Auto-Grade Assembly
PrimeBOT, the consumer robot brand of Swancor Advanced Materials (SHA:688585), has produced its 5,000th robot, a rapid ramp-up that tests assembly consistency and product reliability.
Amazon Boosts Prime Refund Cap to $200, Expands Payouts
The FTC has increased Amazon Prime refunds to $200 per eligible customer, with automatic payments expanding to millions more on October 1. AMZN shares edged higher in premarket trading.
Amazon Ordered to Expand Prime Refunds to $200 Maximum
Amazon must increase automatic Prime refunds to a maximum of $200 starting Oct. 1 under a revised court order, as the FTC settlement's $1.5 billion redress fund faces a $610 million acceptance gap.
Amazon Expands Prime Refunds Up to $200; Settlement Cap Unchanged
Amazon Prime customers can now receive up to $200 in refunds under an expanded FTC order, but the total settlement cap stays at $2.5 billion. Shares rose 1% Friday.
Amazon Prime Refund Expansion Approved: Payouts Rise to $200, Cap Unchanged
A federal court approved a faster distribution plan for Amazon Prime refunds, raising per-person payouts to $200 while keeping the $1.5 billion cap. Amazon shares closed higher, but volume was subdued.
Amazon's Prime Big Deal Days to Test Retail Margins Amid Shipping Cost Pressures
Amazon's Prime Big Deal Days kicks off Oct 6-7, testing whether higher-margin revenue streams can offset shipping cost pressures and preserve the 7.9% North America operating margin.
CNN's $6.99 Streaming Service on Prime Video: The Conversion Challenge
CNN's premium streaming service is now bundled with Amazon's free news clips, but the real test is whether it can turn viewers into paying subscribers.
Prime Missed $100M Exit; Alani Nu Sold for $1.8B
Logan Paul says Prime passed on a $500M PE offer, costing him $100M. Alani Nu's $1.8B sale to Celsius highlights the value of real transactions.
Amazon's $500 Target Tied to AWS's 5.9x Growth, Not Prime Video
Morgan Stanley's $500 bull case for Amazon hinges on AWS expanding nearly sixfold to $1 trillion revenue, far outweighing Prime Video's impact.
Amazon's July Sales Dip 2.2% as AWS Profits Anchor Amid Prime Day Shift
US nonstore sales dropped 2.2% in July as Prime Day shifted to June, but AWS strength cushions Amazon's profits, with Q3 growth forecast at 10.5%.
Amazon Surges Past Nasdaq in Holiday Week; AWS Price Hike and Prime Day Data in Focus
Amazon shares climbed 4.3% in a holiday-shortened week, outpacing the Nasdaq's 2.1% gain. The rally was fueled by strong Prime Day sales and AWS price hikes, though trading volume declined.
Amazon Outpaces Nasdaq as Market Eyes Prime Day and Leo Satellite Spending
Amazon outperformed the Nasdaq ahead of the holiday, with the stock up 0.4%. Next week's focus is on Prime Day sales data and spending on the Leo satellite network.
Amazon Stock Edges Higher as AWS Price Hike Offsets Prime Day Order Decline
Amazon (AMZN) shares rose 0.9% premarket after a 2.5% surge on Friday, as a 20% AWS AI price hike starting July offsets a 10.6% decline in average Prime Day orders. Q2 earnings due July 30.
Amazon Stock Rises on Prime Day Data, AWS Price Hike in Focus
Amazon shares gained 2.5% Friday on heavy volume, but the stock is still down 4.8% from June 18. Prime Day sales rose 9.3% to $26.4B, while AWS will raise AI compute prices by 20% in July.
Amazon Plunges $67B on EU Cloud Crackdown, Overshadowing Prime Day
Amazon shares dropped 2.6%, erasing $67 billion in market cap, as EU regulators moved to classify AWS under tough Digital Markets Act gatekeeper rules.
Affirm surges 10% as Prime Day spending beats expectations, boosting BNPL outlook
Affirm shares surged 9.9% after Amazon Prime Day first-day sales beat forecasts, with buy now, pay later expected to finance $2.04 billion in purchases, up 5.5% year-over-year.
Amazon Prime Day Kicks Off Amid Tech Selloff and AI Spending Concerns
Amazon shares slipped 0.7% premarket to $231.20 as Prime Day starts, with investors eyeing consumer spending and AI capex concerns amid a broader tech selloff.
Amazon Shares Slide Ahead of Prime Day Amid AI Spending Anxiety
Amazon shares dropped 4.75% to $232.79 on Monday as investors questioned AI spending returns ahead of Prime Day, with Bank of America projecting $21.6 billion in sales.
Amazon Stock Rises Ahead of Prime Day; AWS Chip Expansion and FTC Risk Loom
Amazon shares rose 2.9% to $244.39 ahead of Prime Day week, with investors assessing AWS chip expansion, FTC ad probe risks, and AI spending pressures.
Amazon Stock Edges Higher Ahead of Prime Day, AWS AI Push
Amazon shares closed at $244.39, up 2.9% Thursday and 2.4% for the week, ahead of Prime Day and new AWS AI initiatives. Market momentum remains, but risks persist.
Amazon Stock Dips on $17.5B AI Loan, Cash Flow Squeeze Before Prime Day
Amazon shares slipped 1.6% as a new $17.5 billion loan for AI spending raised concerns about capital expenditures and free cash flow, with Prime Day approaching.
Amazon Stock Dips 3% as Early Prime Day Tests Consumer Spending
Amazon shares dropped 3.2% as the June 23-26 Prime Day, moved from July, becomes a key gauge of consumer demand amid inflation and rising competition.
Amazon Stock Dips Despite June Prime Day Announcement; AI Spending Weighs
Amazon shares slipped 1.81% to $256.52 after setting June 23-26 for Prime Day, as surging AI spending and mixed retail outlook tempered investor enthusiasm.
Amazon's June Prime Day and AI Spending Test $3 Trillion Market Cap
Amazon shares ended Friday lower but rose 1.6% for the week, as investors weigh an earlier Prime Day in June against surging AI spending.
KULR Shares Surge After Bitcoin Transfer to Coinbase Prime
KULR Technology Group shares surged 26.8% after transferring 300 bitcoin worth $24.36 million to Coinbase Prime, fueling speculation of a potential sale. The company reports Q1 earnings Thursday.
Ripple Prime Secures $200M Credit Line from Neuberger to Boost Institutional Margin Lending
Ripple Prime has secured a $200 million debt facility from Neuberger Specialty Finance to expand margin financing for institutional clients across equities, fixed income, and crypto.
Primerica Beats Q1 Forecasts, Investment Sales Surge Offsets Life Insurance Dip
Primerica topped Q1 earnings estimates with $5.96 per share, driven by record investment product sales, though new life insurance policies declined 14%.
Credit Divide Deepens: Super-Prime Borrowers Surge While Lower Tiers Face Rising Debt Burdens
TransUnion data reveals a widening credit gap: super-prime borrowers increased by 15 million since 2019, while near-prime and subprime consumers face rising debt-to-income ratios and higher delinquency rates.