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Amazon (NASDAQ: AMZN) stock slipped 2.7% through 10:20 a.m. ET Monday morning after Wells Fargo analyst Ken Gawrelski downgraded the stock from overweight to equal weight (i.e., from buy to hold).
Amazon stock closed 3% lower Monday as Wells Fargo analysts downgraded shares, noting that the company's strength in the cloud services market won’t be enough to stave off other hurdles to its ...
*Stock Advisor returns as of October 21, 2024 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Eric Volkman has no position ...
Amazon's stock fell more than 8% Friday after the retail and cloud giant offered a current quarter forecast on Thursday that fell short of expectations on both the top and bottom lines.
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 ...
Meta and Microsoft slid after slight earnings beats, and Amazon and Apple are set to report after market close. PCE inflation, the Fed's preferred inflation gauge, dropped to 2.1% while jobless ...
Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.. Shares of the ...
The stock market's gains in the past year and a half have left many investors smiling. Since the end of 2022, the S&P 500 has risen by more than 37%.But that also puts investors in a difficult ...