Amazon (AMZN) is in the spotlight, as supporters of Israel are dismayed by a recent video promoting an upcoming AWS event in Las Vegas. In the video,

Will One Amazon Employee Tank the Tech Giant?

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2024-10-15 02:30:04

Amazon (AMZN) is in the spotlight, as supporters of Israel are dismayed by a recent video promoting an upcoming AWS event in Las Vegas. In the video, the AWS vice president of Global Specialists and Partner Organizations, Ruba Borno, is shown wearing an inflammatory piece of jewelry – a necklace pendant in the shape of Israel, with a Palestinian flag across it. Instead of addressing this erasure of the State of Israel, an Amazon spokesperson declined to comment about Borno’s choice of jewelry, according to the Jewish Insider.

This incident is causing consternation among founders and employees of Israel’s tech sector. The pendant is reminiscent of the genocidal “River to the Sea…” chant that’s common among anti-Israel protesters, referring to a wish to have all Jews leave Israel. Amazon eventually removed the video, but the company’s failure to comment continues to cause concern for Israel’s supporters.

For now, Amazon is holding steady, with only a 2% fall in the past three months and a 2.8% rise over the past six months. Ten days before earnings, analysts are optimistic on AMZN stock, with the average Amazon consensus price target implying an upside of 18.8%.