The current market turmoil has hurt many stocks, but growth players have had a particularly difficult time. This is because these companies rely on a solid economic environment to expand their businesses and lift earnings -- and these days, investors are uncertain about what lies ahead.
Amazon's 330,000 square-foot lease at 10 Bryant Park — or 452 Fifth Ave. at West 40th St. — is big news both for Jeff Bezos's ever-expanding behemoth and for the on-fire Midtown office market.
What's better than a good sale on Amazon (AMZN -1.01%)? How about the company's stock being on sale?
The world is changing. After decades of a steady relationship -- albeit occasionally testy -- between China and the United States, a massive trade war has erupted.
Nvidia (NVDA -3.01%) has been one of the hottest stocks on the market in the past five years, delivering remarkable gains of 1,300% to investors during this period and significantly outpacing the tech-laden Nasdaq Composite's returns of about 100%.
Cathie Wood leads wealth management firm Ark Invest as its CEO and chief investment officer. Financial news programs and podcasts frequently feature Wood, who often promotes her long-term investment strategies in technology companies disrupting emerging markets.
I am upgrading Amazon to a "strong buy" due to its excessively cheap forward valuations after significant price drops and potential for upside earnings surprises. Despite negative guidance and foreign exchange risks, Amazon's forward price-sales ratio is the cheapest among the Mag-7, supporting a bullish outlook. Key support levels include $151.61, with potential bullish reversals targeting $192.65 and $211.65, driven by strong statistical probabilities and Elliott Wave counts.
Few companies are as harmed by the escalating trade war between the U.S. and China as Amazon (AMZN -1.01%). Its massive e-commerce platform sources many goods from China, which will see a dramatic price increase as the U.S. tariff rate on goods from there now sits at 145% -- at least, for the moment.
The company's size and global reach give it muscles to flex even in a sour economy.
Economic uncertainty created by President Trump's trade policies has caused the U.S. stock market to decline sharply in 2025. The benchmark S&P 500 (^GSPC 0.13%) is currently down 14%, while the technology-focused Nasdaq Composite (^IXIC -0.13%) is down 19%.
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After closing just under $180 on Tuesday, shares are now up around 10% from last week's low, with a trading pattern that suggests the worst of the selling could be in the rearview mirror.