Amazon.com Inc (AMZN)
3 Stocks to Watch as Firms Cut Costs Ahead of Potential Recession
Investors today are worried about a potential recession in the United States economy, considering some slowing indicators such as inflation and employment. Today, more than ever, the two camps are divided and cannot agree on a direction.
Amazon challenges US labor board's structure in lawsuit over union election
Amazon.com filed a lawsuit on Thursday accusing a U.S. labor board of illegally interfering in a union election at a New York City warehouse and claiming the agency's structure violates the U.S. Constitution.
Why Amazon Stock Popped on Thursday
Amazon was the recipient of bullish commentary from a Wall Street analyst. AWS scored a high-profile new customer.
Amazon communities worry about livelihoods as water levels fall further
Brazilians living near the Madeira River, a major waterway that runs through the Amazon rainforest, have been watching its water levels drop to historic lows this year as the area is reeling from a drought.
Can Cloud Momentum Drive Amazon's Stock Beyond Its 14.1% YTD Gain?
Amazon rides on AWS strength, driven by an expanding portfolio, a strong customer base and its Generative AI drive.
Amazon Analyst Says Company's 'Dominant Competitive Position' In E-Commerce, AWS 'Provides A Lot To Be Bullish About'
Amazon.com Inc AMZN has strong positions in both e-commerce and cloud, according to an analyst who projects more runway in both segments, with artificial intelligence helping to power the AWS cloud business line.
Amazon's Starlink competitor Kuiper applies for UK licence
British telecommunications regulator Ofcom is considering whether to grant Amazon.com Inc (NASDAQ:AMZN) a non-geostationary satellite orbit licence for its Kuiper satellite system. Granting of this NGSO network licence, which Amazon subsidiary Amazon Kuiper Services Europe SARL filed in July, would allow the technology and e-commerce giant to deliver broadband services to UK customers from space using a constellation of satellites.
Amazon's Prime Entry Points Ahead
Technically, Amazon shows potential upside with support at $175 and a bullish Volume Price Trend, indicating growing buying interest. AWS holds 32% of the global cloud market, driving Amazon's growth with an 18.8% revenue increase in Q2 2024. A $6.2 billion investment in Malaysia expands AWS's infrastructure, boosting its presence in the APAC region.
3 Stocks to Watch as the Economy Shifts to the Cloud
Investors who want to get on the train for the next big waves of innovation and adoption in the global economy have a special opportunity today. The technology sector is carrying some of the biggest and most powerful stocks that will likely carry the global economy onto the cloud, boosting GDP and productivity as they do.
Amazon plans $5 bln of small-ticket exports from India in 2024 in shift from China
Amazon Inc plans to export about $5 billion of small-ticket items from India this year, up from nearly $3 billion in 2023, supplying markets such as the United States and Britain, a company official said, marking a shift away from China.
The Best Stocks to Invest $50,000 in Right Now
Nvidia's stock is trading at one of its best values in months. Amazon's diversified business model gives it lucrative positions in multiple areas of tech.
Analysts revise Amazon stock price target
A month after the Q2 earnings report, Amazon (NASDAQ: AMZN) stock continues to receive revised price targets that reflect the developments surrounding this e-commerce giant.
