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AMZN News and Press, Amazon.com Inc. From 06/18/24

Stock Information

Company Name: Amazon.com Inc.
Stock Symbol: AMZN
Market: NASDAQ
Website: amazon.com

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AMZN - I Keep Buying Amazon Stock for This Simple Reason

2024-06-18 05:15:00 ET In this video, I will cover the recent updates regarding Amazon (NASDAQ: AMZN) and why I'll keep buying more shares. *Stock prices used were from the trading day of June 17, 2024. The video was published on June 17, 2024. Continue reading ...

AMZN - Billionaire David Tepper Has 25% of His Portfolio Invested in 3 Brilliant AI Stocks

2024-06-18 05:12:00 ET David Tepper's Appaloosa is the 12th most profitable hedge fund in history as measured by net gains since inception. The hedge fund returned 58% during the three-year period that ended in March 2024, while the S&P 500 (SNPINDEX: ^GSPC) returned just 32% du...

AMZN - Amazon Remains Undervalued Despite Strong Growth Prospects

2024-06-17 14:08:40 ET Summary Amazon is not perceived as a high-growth company anymore, but it has massive opportunities to invest in profitable ventures. These growth opportunities are highlighted by the CEO in his recent letter to shareholders. I expect that Amazon Marketpl...

AMZN - Amazon: Excellence Across All Business Lines

2024-06-17 13:01:08 ET Summary Amazon continues to command undisputed leadership positions in two of the most rapidly growing industries in the modern world: e-commerce and cloud infrastructure. I appreciate the management's holistic approach in building the company's AI powerhous...

AMZN - Amazon Is Building A Strong Ads Business, But Is Still Overvalued

2024-06-17 13:00:55 ET Summary Amazon.com, Inc. is a $2 trillion company with strong side businesses like AWS and ads business. Net sales and net income have seen significant growth, but the company needs to triple profits to justify its valuation. AWS and ads business are key...

AMZN - STK: A High Yield From Tech At A Discount

2024-06-17 12:07:37 ET Summary Columbia Seligman Premium Technology Growth Fund outperforms S&P 500 in total return due to the high distribution and capital appreciation captured. STK provides a majority focus on the tech sector. Future interest rate cuts may serve as a ca...

AMZN - Snowflake: Still Too Early To Buy The Dip

2024-06-17 10:56:22 ET Summary Snowflake Inc. shares have dropped over 45% since February 2024 due to concerns about top-line growth deceleration. A new CEO has recently taken over the firm, with the company forecasting only a 24% year-over-year product revenue rise for FY25. ...

AMZN - AMZN, BMY, PBR, XOM, MRO showing five-day downward plunge

2024-06-17 10:47:03 ET Amazon.com Inc. (AMZN) AMZN is trading DOWN for the last 4 days, and it at trading at $182.91 with volume of 7,635,862 and a one day change of $-0.75 (-0.41%). Amazon.com Inc. has a 52-week low of 118.35 and a 52-week high of $191.70. The business's 50-day mov...

AMZN - Price Outperforming Fundamentals: Why I Am Downgrading Nvidia

2024-06-17 09:45:39 ET Summary Nvidia Corporation is a prime beneficiary of the AI frenzy, supported by booming AI spending. Data Centers now represent 87% of the company's revenue, transforming the business with aggressive product-cycle releases, crushing competition. In the ...

AMZN - Taiwan Semiconductor mulls price hikes for 3nm chips - report

2024-06-17 08:50:11 ET More on Taiwan Semiconductor TSMC: One Of The Cheapest Big Tech/AI Stocks Taiwan Semiconductor Stock: April Sales Soar From Advanced Nodes TSMC: Derisking China Invasion Threats Taiwan Semiconductor, Qorvo, others see boost amid Apple g...

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