Tag: amazon stock price

Google's Q3 results show it's spending on the cloud, AI, and consumer hardware, disappointing some shareholders but impressing semiconductor investors.

Amid a third-quarter earnings season where nearly 80% of megacap stocks beat analysts’ estimates, Amazon's (AMZN) miss was shocking.

On October 25, the Pentagon awarded Microsoft (MSFT) with the ten-year cloud contract for JEDI (Joint Enterprise Defence Infrastructure).

Amazon stock has fallen 13.4% since its Q2 earnings report on July 25. Wall Street expects Amazon’s EPS to fall 21% YoY to $4.60 in the third quarter.

Short interest in Amazon stock has risen from 0.59% of its outstanding shares on July 1, the beginning of the third quarter, to the current level of 0.74%.

Top Amazon executive Jay Carney has criticized President Donald Trump and his administration on several issues related to patriotism and honesty.

Wall Street analysts assigned a mean price target of $2,305 to Amazon (AMZN) stock. This price target implies a 34% gain from the current level.

Amazon (AMZN) stock fell 2.3% in September. In contrast, the S&P 500 Index (SPY) rose by about 1.5%. Antitrust investigations impacted the stock.

According to a September 11 Bloomberg report, FTC officials have started investigating whether Amazon is crushing its market competition.

eMarketer expects Amazon (AMZN) to account for almost half of the total US retail e-commerce market in 2019. Where does Shopify come in?