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Net sales rose 13% from the same period last year to $143.3 billion, Amazon reported late Tuesday, topping analyst expectations of $142.6 billion, per Bloomberg data. The beat was driven by a 16% ...
It's clear that Amazon 's (NASDAQ: AMZN) stock is at an inflection point. After CEO Andy Jassy took over from founder Jeff Bezos, a new emphasis on profitability and cloud computing became evident ...
The 47 Wall Street analysts who cover Amazon have a consensus “strong buy” rating on the stock, with an average 12-month price target of $208.48. This represents a 16.6% increase over the ...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
The stock climbed more than 6% in early trading on Friday. Net sales came in at nearly $170 billion versus expectations of $166.2 billion. That's 14% higher than the almost $150 billion the ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
In November 2022, Amazon fell below $1 trillion for the first time since 2020, part of a 51% decline from $1.7 trillion at the beginning of 2022 to $834 billion at the end of the year. By May 2023, Amazon stock was again worth more than $1 trillion. Apple
This gives Amazon stock an average rating of 1.7 on a scale of 1 (strong buy) to 5 (sell). The price of the stock as of July 30 is $3,327.59. This is lower than any of the analysts’ price ...
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