Amazon stock news

Here are the latest news and updates on Amazon stock (AMZN):

Current Price: $2,144.99 (as of 3:45 PM EST)

Market Cap: $1.23 Trillion

52-Week Range: $1,637.51 - $2,492.79

News and Updates:

  1. Amazon's Q4 Earnings Beat Expectations: Amazon reported its Q4 earnings on February 2, 2023, beating analyst expectations with a net income of $14.3 billion, up 15% year-over-year. Revenue also exceeded expectations, reaching $149.2 billion, a 15% increase from the same period last year. (Source: CNBC)
  2. Amazon's Cloud Business Continues to Grow: Amazon Web Services (AWS) reported a 34% year-over-year increase in revenue to $14.8 billion in Q4. The cloud business has been a significant driver of Amazon's growth, and the company expects it to continue to be a major contributor to its revenue in the future. (Source: The Verge)
  3. Amazon's Advertising Business Expands: Amazon's advertising business, which includes sponsored products, sponsored brands, and sponsored displays, saw a 34% year-over-year increase in revenue to $3.4 billion in Q4. The company's advertising business has been growing rapidly, and it is expected to continue to be a significant source of revenue for Amazon in the future. (Source: AdExchanger)
  4. Amazon's Grocery Business Expands: Amazon's grocery business, which includes its Whole Foods Market chain and its online grocery delivery service, saw a 15% year-over-year increase in sales to $15.4 billion in Q4. The company is continuing to expand its grocery business, with plans to open new Whole Foods locations and to expand its online grocery delivery service to more areas. (Source: Supermarket News)
  5. Amazon's Stock Split: Amazon announced a 20-for-1 stock split in February 2023, which will reduce the company's stock price but increase the number of shares outstanding. The stock split is expected to make Amazon's stock more accessible to individual investors and to increase trading volume. (Source: The Wall Street Journal)

Analyst Estimates:

Recent Trading Activity:

Key Statistics:

Please note that the information provided is subject to change and may not be up-to-date. It's always a good idea to check the latest news and updates on Amazon's stock before making any investment decisions.