Diamonds and Dogs

1/10/23

Amazon (AMZN) expands "Prime" program. Amazon is up 2% as they provide "Buy with Prime" program to other merchants' online stores to allows retailers and shoppers benefits that include free delivery and a simple checkout experience. Amazon says that having a Buy with Prime option increases purchases on third-party retailers by 25% on average and will compete more directly with Shopify.

Riots in Brazil not good for Mosaic (MOS). The fertilizer company, Mosaic is down 3% as the riots over the recent Presidential election could halt production for the company. Currently, Mosaic received 25% of their phosphate production from Brazil. Both Brazil and Russia are in the top 10 for world production.

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