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Benzinga (Thu, 19-Sep 11:27 AM ET)
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The major AI stocks have in average lower EPS growth rate than the S&P 500
Seeking Alpha News (Thu, 19-Sep 10:21 AM ET)
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Seeking Alpha News (Thu, 19-Sep 10:21 AM ET)
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Benzinga (Thu, 19-Sep 9:07 AM ET)
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Seeking Alpha News (Wed, 18-Sep 1:36 PM 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 September 19, 2024, AMZN stock price climbed to $189.64 with 20,997,062 million shares trading.
AMZN has a beta of 1.53, meaning it tends to be more sensitive to market movements. AMZN has a correlation of 0.59 to the broad based SPY ETF.
AMZN has a market cap of $1.99 trillion. This is considered a Mega Cap stock.
Last quarter Amazon.com reported $148 billion in Revenue and $1.26 earnings per share. This fell short of revenue expectation by $-593 million and exceeded earnings estimates by $.23.
In the last 3 years, AMZN stock traded as high as $201.20 and as low as $81.43.
The top ETF exchange traded funds that AMZN belongs to (by Net Assets): VTI, VOO, SPY, IVV, QQQ.
AMZN has outperformed the market in the last year with a price return of +35.5% while the SPY ETF gained +30.1%. However, in the short term, AMZN had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.7% vs +4.6% return in SPY. But in the last 2 weeks, AMZN shares have fared better than the market returning +9.4% compared to SPY +3.8%.
AMZN support price is $183.07 and resistance is $189.79 (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.