Shares of Amazon rose 1.77% to $3,221.17 at 11:37 EST on Wednesday, after three successive sessions in a row of gains. The Nasdaq Stock Market is jumping 0.2% to $12,619.70, after two consecutive sessions in a row of gains. This seems, up to now, a somewhat positive trend exchanging session today.
Amazon’s last close was $3,165.12, 10.28% below its 52-week high of $3,552.25.
News about Amazon today
Amazon says bid for pentagon cloud deal was cheaper, better. According to today’s article on Bloomberg Quint, "Amazon spokesman Drew Herdener said in a statement that it offered “the lowest-priced bid by tens of millions of dollars.”", "Microsoft spokesman Frank Shaw said in a statement that Amazon realized it bid too high the first time and then amended its bid to achieve a lower price."
Twitter to use Amazon web services to support tweets delivery. According to today’s article on Business Insider, "Other services that the social media giant intends to use include Amazon CloudFront – AWS’s fast content delivery network service Amazon CloudFront and its key-value database Amazon DynamoDB.", "Twitter will take advantage of AWS Graviton2-based instances on Amazon Elastic Compute Cloud or Amazon EC2 to power its cloud-based workloads. "
Power players: meet the 12 key execs driving Shopify, the breakout e-commerce star doing so well that Amazon is considering launching a direct competitor. According to today’s article on Business Insider, "The company’s meteoric rise over the last year has even caused Amazon CEO Jeff Bezos to discusslaunching a competitive service.", "Read more: Shopify’s general manager reveals its last-minute sprint to include a tool for a new app to help small merchants take on Amazon and Walmart during COVID-19"
Amazon’s sales growth is 36.6% for the present quarter and 26.2% for the next. The company’s growth estimates for the ongoing quarter and the next is 9.6% and 83.6%, respectively.
Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 347.95B for the twelve trailing months.
Amazon’s Stock Top and Bottom Yearly Value
Amazon’s stock is valued at $3,221.17 at 11:37 EST, under its 52-week high of $3,552.25 and way higher than its 52-week low of $1,626.03.
Amazon’s Moving Average
Amazon’s worth is higher than its 50-day moving average of $3,151.00 and above its 200-day moving average of $3,078.81.
Previous days news about Amazon
I visited a brand-new Amazon go-powered store at newark airport and it's clear more airports should adopt the tech as travel returns to normal. According to Business Insider on Sun Dec 13, "The same technology used in Amazon Go stores, OTG began rolling out Just Walk Out to its stores in March, just as the pandemic hit. ", "While most flyers will recognize the name, they might not recognize these new stores as unlike other Cibo Express locations, these utilize Amazon’s “Just Walk Out” technology. "
Jeff bezos is back in the trenches at Amazon. insiders describe working with a more deeply-involved ceo.. According to Business Insider on Sun Dec 13, "Unrest among warehouse and delivery workers erupted as Amazon didn’t move fast enough to improve safety protocols and address the growing number of coronavirus cases among its workforce.", "Amazon’s core retail business faced unprecedented challenges across the board, including a huge demand spike that caused major supply chain disruptions and long shipment delays. "
California targets Amazon over virus worker safety protocols. According to Bloomberg Quint on Mon Dec 14, "The state attorney general said the petition filed by his office in Sacramento state court seeks specific information sought from Amazon in an August subpoena that the company so far has failed to disclose.", "Becerra said Amazon hasn’t fully complied with his office’s demand for information from four months ago and that California is now asking a judge to order cooperation with the state’s investigation into the company’s policies and protocols."
Airconsole arrives on Amazon fire TV. According to Business Insider on Tue Dec 15, "AirConsole, a leader in casual gaming, rolledout onall Amazon Fire TV devices worldwide,in December 2020.", "In addition to Amazon Fire TV, the AirConsole experience is already available on the web, Android TV and a selection of TV operator partners."
Twitter will use Amazon web services to power user feeds. According to Bloomberg Quint on Tue Dec 15, "Twitter Inc. will use Amazon Web Services to help power its endless stream of posts, deepening the ties between the social media and cloud-computing companies.", "San Francisco-based Twitter said working with Amazon’s cloud will improve the performance of its products by using data centers that are closer to where people live. "
FDIC eases path for Amazon and Facebook to become lenders. According to Bloomberg Quint on Tue Dec 15, "”If the FDIC approves Rakuten’s application, it will set a precedent for every other Big Tech company (Amazon, Facebook, Google, etc.) to enter banking through an ILC charter without consolidated supervision,” the Bank Policy Institute, a Washington-based industry lobbying group, wrote in a blog post last month.", "”A Bank of Walmart or Amazon Bank could easily attract trillions of dollars in deposits, thereby increasing concentration and systemic risks in the financial sector.”"