Amazon.com Inc (NASDAQ:AMZN) heads into its third-quarter earnings later this month with momentum on multiple fronts. Citi expects the focus to remain on Amazon Web Services (AWS) and the pace of its ongoing capacity buildout, even as the retail business continues to gain market share across categories from electronics to groceries.
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Amazon said it plans to hire 250,000 workers for the holiday season across its fulfillment and transportation networks in the U.S., the same number as the last two years, as the e-commerce behemoth prepares for a surge in orders.
Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Amazon (AMZN -4.97%) has been a bit of a disappointment for investors lately. Its stock has gained just 34% over the past five years, significantly trailing the S&P 500's 90% returns.
Tech giant Amazon.com Inc NASDAQ: AMZN is once again getting investors excited about an imminent breakout. Shares closed Wednesday near $225, up more than 4% from Tuesday's lows, as investors digested the aftermath of this week's two-day Prime Day event.
Amazon remains the leading cloud service provider, with AWS as a profit engine and strong global e-commerce operations supporting future growth. AMZN is benefiting from multiple catalysts: margin expansion, robust advertising revenue growth, third-party seller growth, acquisitions, AI-driven efficiencies, and a falling U.S. dollar. Despite heavy AI infrastructure spending reducing free cash flow, the company's strong balance sheet and global scale position it well for long-term competitiveness.
Amazon (AMZN) closed at $225.22 in the latest trading session, marking a +1.55% move from the prior day.
In a move that could reshape how Americans collect their medication, Amazon is launching prescription kiosks at select One Medical clinics in Los Angeles. Starting December 2025, patients visiting these clinics will be able to collect prescribed medicines such as antibiotics, inhalers, and blood pressure drugs within minutes — no pharmacy trip required.
AMZN's UPI Circle push into India's booming digital payments market shows promise, but fierce competition and modest revenue contribution suggest investors hold or wait.
Shares of Amazon.com Inc. (NASDAQ: AMZN) gained 1.04% over the past five trading sessions after losing 0.41% the five prior, bringing the stock's year-to-date gain to 1.36%.
U.S. tech giant Amazon plans to invest 1 billion euros ($1.16 billion) in Belgium from 2025 to 2027, newspaper L'Echo reported on Wednesday.