Stock Data
$2.22 (0.82%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
INTERNET RETAIL
Amazon.com Inc is a global leader in online retail, offering a wide range of consumer products, digital media, and services. From books and electronics to groceries, it provides a vast selection of goods. Amazon also operates Amazon Web Services (AWS), a major provider of cloud computing services. The company manufactures devices like Kindle and Echo, and offers a variety of services for sellers, content creators, and developers. Amazon Prime, its membership program, provides exclusive benefits. Founded in 1994, Amazon is based in Seattle, Washington, serving customers, businesses, and creators worldwide.
Amazon just set a fresh 52-week high at $284.02, clearing its May 6 peak by 3.28% after a three-month stretch that went nowhere. The $3.1 trillion cloud and retail giant is back in price discovery.
Amazon exploded 15% at the close as big tech earnings season hits its inflection point, but Apple tumbled 8% signaling investor caution on how the mega-cap rally will sustain.
Cramer implies Alphabet missed the opportunity to capitalize on Amazon's cloud strength and needs to overhaul its earnings presentation strategy.
Yes Google should be up more off of Amazon, which told you about the line of sight. Google has to rethink how it does its call as it truly was suboptimal
AWS exploded past $42 billion in revenue on 37% growth, its fastest pace in 18 quarters, as the company's AI and chips divisions each hit $25 billion annualized run rates with triple-digit expansion. Headline GAAP EPS of $5.75 was inflated by a $53 billion non-operating gain on Amazon's Anthropic investment — on a street-comparable basis the quarter came in near $1.88 against a $1.83 consensus — and the real story is cloud and AI infrastructure dominance.
Amazon turned a $10K bet into $12.8K over five years while Shopify's same bet withered to $8.2K, a 46-point gap that underscores AWS's durable moat versus pure e-commerce platforms.
Rep. Dan Crenshaw dumped Google, Amazon, and Apple in June while picking up oil futures and Meta stock in back-to-back trades, a pattern that suggests congressional betting on energy upside over mega-cap tech headwinds.
Cramer makes the bull case for Big Tech's AI bets: the strategic flexibility these giants own justifies heavy debt loads if their AI investments pay off.
Proud we told club members the change in META model was worth 100 points. It is why it is so hard to leave a Microsoft or an Amazon of a Google. The optionality is insane for these companies even as they take on too much debt. If AI works for them the debt gets paid back very
Cramer is calling out repeated vaporware claims from big tech without real proof of viable competition in AI chips.
Google and Amazon announce once again that they have competitive chips to Nvidia and they are going to sell them to others.... How many times have they done that? Benchmarks? Clients?
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