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Sunday 30 March 2014

Hot Stocks: Amazon's announcement drop Netflix share

The online e-commerce giant Amazon announced it will be launching music and video services as well as cutting its cloud computing prices, after its shares took a rather unexpected dive. 
Amazon shares dive
https://www.google.com/finance?cid=660463

After this announcement however the online paid on-demand TV show provider Netflix's shares fell, putting the stock at risk.
Netflix shares fall
https://www.google.com/finance?cid=672501
As the markets open on Monday, the Amazon shares are predicted to become stronger, and may continue to rise based on the actions upon this idea.
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