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It sees $104 billion in capital expenditures this year, well above analyst forecasts at the time of $80 billion to $85 billion. And lastly, Amazon Web Services (AWS) sales cooled a touch to a 19% ...
Amazon stock falls more than 3% ahead of 3rd-quarter earnings report Markets Insider Amazon fell as much as 3.9% on Thursday and was trading 3.5% lower as of 3:25 p.m. in New York.
The median 12-month Amazon stock price forecast is currently $170, or about 42% above current levels. The highest price forecast is $200 and the lowest is $85. Is Amazon a Good Long-Term Investment?
Shares of Amazon (NASDAQ: AMZN) slipped as investors were disappointed with the company's first-quarter revenue forecast. Amazon' stock is still up about 35% over the past year, as of this writing.
While Amazon stock has risen roughly 17.5% across this year's trading, the S&P 500 index has delivered a dividend-adjusted total return of 19.5% as of this writing.
E-commerce pioneer Amazon (NASDAQ: AMZN) stock has been a roller-coaster ride in recent years. Share prices soared more than 50% in three of the last eight years, mixed in with a 50% drop in 2022.
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Earlier this week, Amazon’s streaming service, Prime Video, began playing ads alongside movies and shows as the default option for users, who can pay extra for an ad-free version.