Shares of Amazon.com Inc. (NASDAQ: AMZN) were flat in a.m.
Amazon.com has put in a last-minute offer to buy short-form video app TikTok, the New York Times reported on Wednesday, citing sources familiar with the matter.
It's no secret that the naysayers have picked the technology sector as their latest target for criticism, this time going as far as to say there is a bubble in the entire artificial intelligence and cloud space. If everyone can see a bubble, it's not a bubble; that's what Wall Streeters can add to the table for these accusations.
The so-called "Magnificent Seven" stocks have helped power the market higher for the past few years. However, just like other stocks, these names have pulled back in recent weeks over macroeconomic concerns affecting earnings, some angst about the potential for diminishing returns related to artificial intelligence (AI), and uncertainty over tariff actions by the Trump administration.
Amazon.com Inc. NASDAQ: AMZN is back in the spotlight after falling to fresh 2025 lows during Monday's session. The stock, now down more than 20% from its all-time high in February, is officially in a technical bear market.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Amazon stock is down 21% from its all-time high, but it's reasonably priced, warranting a Buy rating for a small-to-medium-sized position. AWS growth (driven by generative AI and cloud migration), high-margin advertising, and third-party seller services are key long-term growth catalysts for Amazon. Efficiency improvements in fulfillment and logistics, along with a shift towards higher-margin segments, should boost AMZN's profitability in the longer term.
Amazon (AMZN -1.05%) is known for its online store, but its investments in cutting-edge technologies like cloud computing and artificial intelligence (AI) are future-proofing the business for tomorrow's economy.
Amazon has resumed making drone deliveries in Texas and Arizona after it halted the program earlier this year. The company suspended Prime Air deliveries in January as it rolled out a software update to correct issues with the drone's altitude sensor caused by Arizona's dusty air.
In the closing of the recent trading day, Amazon (AMZN) stood at $190.26, denoting a -1.28% change from the preceding trading day.
Jed Ellerbroek says the U.S. economy holds up "reasonably well" against tariff headwinds. He urges investors to look at long-term portfolio potential instead of trading off short-term tariff volatility.
Amazon.com Inc (NASDAQ:AMZN) is headed for a 10.6% monthly drawdown in March, after a 10.7% drop in February.