Amazon launches a new service

The US online store Amazon will soon start to compete with many streaming media companies. The new service will be called Amazon Prime Video, and will allow customers to get access to lots of TV shows. The monthly subscription fee costs only $8.99. Amazon has all the chances to beat such giants as Netflix and HBO. The service caused a great demand, and will certainly lead to an increase in the company's profit.

The news has positively affected the Amazon shares, which have risen by 1.14% and continue to grow. Traders have a great chance to earn money on a further increase. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.