Amazon Stock Hits All-Time High

Amazon‘s stock climbed after the company sent out press invitations for a big announcement, setting a record high of $246.87 per share on Friday. The company is now trading at a valuation of $111 billion.

Amazon hasn’t yet hinted at what it plans to announce at its event on Sept. 6. Many expect the retail giant will unveil its next-generation Kindle Fire and E-Ink e-readers, but the fact that the event is being held in L.A. suggests the company may have more of an entertainment-related announcement up its sleeve.

Amazon also announced Friday morning that it had expanded its licensing agreement with NBCUniversal, bringing shows like Parks and RecreationBattlestar GalacticaParenthoodFriday Night Lights and Heroes to its online streaming video service. The service is available at no additional charge to customers of Amazon Prime, a $79-per-year subscription service that offers free, two-day shipping and access to an online lending library.

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I have always been a tech enthusiast, to the point where i have become an addict. Tech to me is crack; Always trying to get my fix every chance i get ! I have always loved sharing anything that fascinates me which again 90% of the time is about tech related content. I used to share content on Google Reader Shared pages (http://www.google.com/reader/shared/surdie) but after their not so brilliant idea to shut it down i felt i needed a new platform where i could share and distribute content and thats how Nlyten.com came about. So keep reading and get Nlyten ed !

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