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Amazon's retail business helped offset the cloud weakness, with the company reporting online sales growth of 7% in the quarter to $75.56 billion. That compared with estimates of $74.55 billion.
Shares of Amazon (NASDAQ: AMZN) were up 44% in 2024, handily outpacing the 23% return for the S&P 500. Over the last 20 years, Amazon stock has dropped 25% or more many times. For Amazon ...
It took a while, but e-commerce giant Amazon (NASDAQ: AMZN) finally topped its all-time high, last seen in 2021. You might be nervous since the broader market has continued to rip higher, a ...
On August 16, 2022, Jiahan Wu, aged 2, was struck and killed by an Amazon van in an apartment complex in Irvine, Calif. The van, which was operated by a third party, was being driven by an 18-year-old who was “talking on his phone and had packages on the dashboard, obscuring his vision.” [ 2 ]
Can Amazon continue outperforming the S&P 500?
Alphabet's stock could climb 16% to $190 and lift its market cap to just over $2.3 trillion. In other words, Amazon has a clear shot at eclipsing Alphabet's market cap by next year if the near ...
That represents a big opportunity for Amazon to exploit. In the third quarter, Amazon's net sales increased 11% year over year to $159 billion, resulting in earnings per share that jumped 52% to ...
Amazon's online stores plus third-party sales together make up its e-commerce segment. That segment accounted for $89.3 billion, or 62% of the breathtaking $143.3 billion in total sales in 2024's ...