13-May-2024
Benzinga (Mon, 13-May 11:02 PM ET)
AMZN Bearish Calendar Put Spread with 382% Upside
Market Chameleon (Mon, 13-May 1:56 PM ET)
Amazon’s (NASDAQ:AMZN) Robotaxi Service Under Investigation Following Crashes
TipRanks (Mon, 13-May 12:30 PM ET)
ChatGPT On Apple iPhone, Make Or Break Data For Stock Market Ahead
Benzinga (Mon, 13-May 11:22 AM ET)
Alibaba Backs China's AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race
Benzinga (Mon, 13-May 8:28 AM ET)
Amazon’s Zoox robotaxi being probed after two crash reports
Seeking Alpha News (Mon, 13-May 6:41 AM ET)
Microsoft's €4B French AI Push: Tech Expansion Reportedly Intensifies
Benzinga (Mon, 13-May 6:34 AM ET)
Amazon Pours ~$1.3B Investment Into French Operations: Report
Benzinga (Mon, 13-May 6:20 AM ET)
Microsoft to invest €4B in France
Seeking Alpha News (Mon, 13-May 4:26 AM ET)
Microsoft to invest €4 bln in France
Seeking Alpha News (Mon, 13-May 4:26 AM ET)
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 75% of total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (15%), advertising services (5% to 10%), and other the remainder. International segments constitute 25% to 30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Amazon.com trades on the NASDAQ stock market under the symbol AMZN.
As of May 13, 2024, AMZN stock price declined to $186.57 with 22,575,698 million shares trading.
AMZN has a beta of 1.15, meaning it tends to be more sensitive to market movements. AMZN has a correlation of 0.37 to the broad based SPY ETF.
AMZN has a market cap of $1.93 trillion. This is considered a Mega Cap stock.
Last quarter Amazon.com reported $143 billion in Revenue and $.98 earnings per share. This beat revenue expectation by $10 billion and exceeded earnings estimates by $.20.
In the last 3 years, AMZN stock traded as high as $191.70 and as low as $81.43.
The top ETF exchange traded funds that AMZN belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
AMZN has outperformed the market in the last year with a price return of +69.2% while the SPY ETF gained +28.2%. AMZN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +10.6% and +3.1%, respectively, while the SPY returned +5.8% and +2.1%, respectively.
AMZN support price is $184.35 and resistance is $190.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMZN stock will trade within this expected range on the day.