Amazon(US:AMZN) Zhi Tong Cai Jing·2025-07-03 01:50Group 1 - Amazon announced the termination of its independent free streaming service Freevee, integrating content into the Prime Video platform [1] - Freevee, launched in 2019, provided ad-supported video content and will cease operations in August, with users able to access related shows and movies on Prime Video without a subscription [1] - The move aims to simplify the viewing experience for users, coinciding with the introduction of ads on Prime Video in January 2024 [1] Group 2 - Analysts anticipate a potential upward movement in Amazon's stock price ahead of its second-quarter earnings report, expected around July 31 [2] - The annual Prime Day promotional event from July 8 to 11 is expected to boost sales significantly [2] - Truist Securities raised Amazon's target stock price from $226 to $250, indicating approximately 13% upside potential from the previous closing price [2]