Amazon Stock Analysis: Here\’s What You Need to Know
Fool.com contributor Parkev Tatevosian breaks down Amazon's (NASDAQ: AMZN) various segments and profit margins.
Best Free US Stock Signals for 2024
Fool.com contributor Parkev Tatevosian breaks down Amazon's (NASDAQ: AMZN) various segments and profit margins.
Amazon has been one of the best-performing stocks in the history of the stock market, and new advances in artificial intelligence (AI) have created a new wellspring of opportunity for the e-commerce king.
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
Concerns about higher inflation and a weakening economy pushed indexes into a bear market back in 2022, but last year, things began to look brighter. Many companies made efforts to cut costs and focus on their most profitable businesses, spurring a rebound in earnings. E-commerce and cloud computing giant Amazon is a perfect example of that, and the stock has climbed nearly 70% over the past year.
LONDON (Reuters) -U.S. technology and retail giant Amazon (O:AMZN) could soon be required to formally recognise the GMB trade union at its Coventry warehouse in Britain, after a government body ruled in the union\’s favour.