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The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
July 31, 2024 at 1:47 PM. Shares of Amazon (NASDAQ: AMZN) climbed higher on Wednesday, adding as much as 3.4%. As of 12:46 p.m. ET, the stock was still up 2.7%. The catalyst that sent the e ...
The other catalyst driving Amazon higher today was the company's investment in Rivian Automotive (NASDAQ: RIVN). Amazon owns more than 162 million shares of Rivian stock, amounting to a 16.4% stake.
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 ...
August 2, 2024 at 11:15 AM. Shares of Amazon (NASDAQ: AMZN) were tumbling today after the company missed revenue estimates slightly in its second-quarter earnings report and gave light guidance ...
Amazon websites are country-specific (for example, amazon.com for the US and amazon.co.uk for UK) though some offer international shipping. [47] Visits to amazon.com grew from 615 million annual visitors in 2008, [48] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 14th most visited website in the ...
The price of Amazon stock is shown on a screen at the Nasdaq MarketSite, Wednesday, Dec. 20, 2017, in New York. (Mark Lennihan/AP Photo, File) (ASSOCIATED PRESS)
August 2, 2024 at 4:04 PM. Amazon's ( AMZN) stock fell more than 8% Friday after the retail and cloud giant offered a current quarter forecast on Thursday that fell short of expectations on both ...