FMP
Amazon.com, Inc.
AMZN
NASDAQ
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). Its products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products in its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program. The company serves consumers, sellers, developers, enterprises, content creators, and advertisers. Amazon.com, Inc. was incorporated in 1994 and is headquartered in Seattle, Washington.
192.17 USD
1.91 (0.994%)
Latest AMZN News
Alex Lavoie
Mar 3, 2025
Amazon.com Inc (NASDAQ:AMZN) Maintains "Buy" Grade Amidst Strategic Investments and Prime Growth
Amazon.com Inc (NASDAQ:AMZN) is a global e-commerce and technology giant, known for its vast online marketplace, cloud computing services, and digital streaming offerings. The company competes with other major players like Walmart in retail and Microsoft in cloud services. On March 3, 2025, Benchmark maintained its "Buy" grade for AMZN, with the action being "hold," and the stock price was $208.15. Amazon's investment in the AI sector is noteworthy, as highlighted by CNBC. The company-backed AI...
Parth Sanghvi
Mar 3, 2025
Amazon’s Kuiper Set to Secure Major NBN Contract, Outpacing Starlink
Amazon is poised to win a landmark contract to provide satellite internet services for Australia’s National Broadband Network (NBN), according to sources cited by the Australian Financial Review (AFR). The deal would see Amazon’s Kuiper satellite network replace NBN’s aging Sky Muster service, which is scheduled for decommissioning by 2032, and marks a significant shift in Australia’s approach to delivering broadband to rural and regional users. Key Details of the Contract Preferred Provid...
Parth Sanghvi
Jan 29, 2025
DeepSeek’s AI Model Could Boost Meta, Apple, and Amazon – Rosenblatt
The release of DeepSeek’s R1 AI model has ignited debate over its cost-effectiveness versus OpenAI, but Rosenblatt analysts believe the development could benefit major tech players like Meta (NASDAQ:META), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN). Potential Winners Meta (NASDAQ:META) If DeepSeek’s innovations hold up, Meta could integrate them into Llama to accelerate AI development. Mark Zuckerberg’s $60 billion AI capex for 2025 signals a strong commitment to AI dominance. Effi...
Davit Kirakosyan
Jan 22, 2025
Amazon Positioned for Strong Growth in 2025
Cantor Fitzgerald analysts reiterated an Overweight rating on Amazon.com (NASDAQ:AMZN), maintaining a price target of $270 on the stock. The outlook highlights Amazon’s robust positioning among mega-cap names, with potential upside in key metrics for both the fourth quarter of 2024 and the first quarter of 2025. Amazon Web Services (AWS) is expected to play a pivotal role in the company’s performance, benefiting from accelerated growth in inference workloads driven by advancements in the large l...
Parth Sanghvi
Jan 8, 2025
Amazon's $11 Billion AI Infrastructure Investment in Georgia
Amazon Web Services (AWS), the cloud computing arm of Amazon, announced plans to invest $11 billion in Georgia to bolster its infrastructure for AI and cloud computing. The investment highlights the tech industry's growing focus on developing state-of-the-art facilities to meet the escalating demands of artificial intelligence and cloud-based applications. Key Highlights AI and Cloud Innovation: AWS’s investment aims to enhance Georgia’s status as a hub for digital innovation. The expa...
Parth Sanghvi
Dec 18, 2024
Bernstein Raises Amazon Price Target, Cites Long-Term Growth Potential
Bernstein has raised its price target for Amazon.com Inc. (NASDAQ: AMZN) to $265 from $235, maintaining an “Outperform” rating. The revised target reflects Amazon’s focus on sustained growth, operational efficiency, and strong performance across its business units. Key Highlights: Business Segment Growth: Core areas like retail, AWS, and advertising are driving Amazon’s robust outlook. Advertising revenue is projected to grow ~20% annually due to its scalability and profitability. O...
Stuart Mooney
Nov 19, 2024
Amazon (NASDAQ:AMZN) Director Sells Shares Amidst AI Integration Challenges and Fee Stabilization
On November 19, 2024, Daniel P. Huttenlocher, a director at Amazon (NASDAQ:AMZN), sold 1,237 shares of the company's Common Stock at $199.06 per share. This transaction leaves him with 24,912 shares. Amazon, a global e-commerce and technology leader, faces competition from companies like Walmart and Alibaba. Despite challenges, Amazon remains a dominant force in the market. Amazon is currently facing hurdles in enhancing Alexa with advanced AI features. The company has experienced delays in lau...
Davit Kirakosyan
Nov 1, 2024
Amazon Shares Jump 7% on Strong Q3 Results
Amazon.com (NASDAQ:AMZN) reported third-quarter earnings that exceeded analyst expectations, pushing its stock up over 7% intra-day today. The tech giant's performance was boosted by growth in artificial intelligence, particularly within its cloud division. Amazon posted adjusted earnings per share of $1.43, beating the forecasted $1.14, and reported revenue of $158.9 billion, surpassing estimates of $157.25 billion and marking an 11% year-over-year increase. CEO Andy Jassy highlighted "once-in-...
Parth Sanghvi
Oct 14, 2024
5 Big Analyst AI Moves: Microsoft, Amazon Rating Cuts & Robotaxi Day Disappointment
Artificial intelligence (AI) continues to dominate the headlines in the tech world, but recent analyst moves indicate a shift in sentiment toward some of the industry’s biggest players. This week, Microsoft, Amazon, and other AI-driven companies saw significant rating changes from key analysts, impacting market sentiment. 1. Microsoft’s Rating Cut by Wells Fargo Microsoft, a major leader in AI innovation, saw its stock downgraded by Wells Fargo. Despite the company’s aggressive push into AI ...
Parth Sanghvi
Oct 9, 2024
After Downgrading Amazon, Wells Fargo Says Buy Microsoft Stock
In a notable shift in market sentiment, Wells Fargo has downgraded Amazon while recommending investors to consider Microsoft as a strong buy. This strategic pivot highlights the evolving landscape of tech stocks and the factors driving these changes. Key Takeaways from Wells Fargo's Analysis Wells Fargo’s recent assessment emphasizes the resilience of Microsoft in a competitive market, suggesting that its fundamentals position it for growth despite broader economic challenges. Highlight...
