Tag Archives: amazon stock price

Amazon (AMZN) stock is set to climb higher as the company suspends its new shipping services to focus on its core business as customer demand spikes.Amazon.com Inc (NASDAQ: AMZN) has announced plans to suspend its delivery service until further notice. The company had started Amazon Shipping to rival other logistics giants like FedEx and UPS, making the option available in a few places, including Los Angeles. However, according to a Wall Street Journal report, Amazon will stop from June, and...

Amazon could buy a company like Zoom or Slack and replace its Chime app. Such an acquisition may help Amazon immediately increase its user base and at the same time focus on infrastructure. AMZN stock is up in the pre-market.Amazon.com Inc (NASDAQ: AMZN) stock has been showing good performance for several days in a row since last Thursday. Then, it was trading at $1,920.20. On Friday, Amazon stock was up in pre-market and climbed further during the trading session and closed slightly down at...

Amazon is taking measures to protect workers from novel coronavirus. Amazon (AMZN) stock has continued to rise to pick up from yesterday’s levels.Amazon.com Inc (NASDAQ: AMZN) has begun to bow to demands of the workers union and the plea from New York legislators who requested that the firm puts in place more coronavirus protection for workers at the warehouse. At the same time, AMZN stock is moving up.Recent reports state that Amazon Inc. is now beginning plans to roll out temperature checks...

Amazon is at a critical time currently due to the coronavirus as it has hit some of the firm’s warehouse with staff testing positive. Amazon (AMZN) stock price is very unstable these days.As novel coronavirus continues to bit deep into the global economy, Amazon.com Inc (NASDAQ: AMZN) stock was dwindling plunging on Wednesday to begin rising again on Thursday, 2nd April. Now it is 0.89% up and is trading at $1,920.20.Apart from Amazon (AMZN) stock, the firm itself is at a critical time...

Is Amazon (AMZN) stock still the king of the markets? Only time will tell us as the world goes topsy-turvy due to COVID-19.Amazon.com Inc (NASDAQ: AMZN) stock on a normal day used to be a “must-buy” for many investors. Today, the stock could as well rule the markets. The COVID-19 pandemic has sent markets south to incredibly new lows.This has created a new paradigm. Top-performing stocks are difficult to spot and the losers are everywhere across the board. The volatility of the markets has...

Amazon’s business appears to be thriving these days. At the same time, hovering around $1,800 per share, Amazon (AMZN) stock is down about 17% from its recent high.Since coronavirus took its course, so did stock markets. Amazon.com Inc (NASDAQ: AMZN) stock has been pushed down together with the rest of the market. However, it seems the company has some secret cards in its sleeve. For now, when we look at the cash flow basis, the stock looks like a great buying opportunity. Yesterday, AMZN...

An Amazon spokesperson said online shopping has surged as coronavirus spreads, and it is out of stock on some household staples and medical supplies. AMZN stock is moving higher.Amazon.com Inc (NASDAQ: AMZN) seems to be an interesting choice nowadays. Recently it has been upgraded to a Zacks Rank #2 (Buy). That means that it is expected earnings to rise and, therefore, stock price as well. At the time of writing at 5:27 am ET in premarket the stock was rising by 1.58% to $1,859. Yesterday,...

Yesterday, Amazon (AMZN) stock rose, rebounding 7.03% and closing at $1807.84. However, the positive movement did not last long, and in the premarket today, Amazon stock was down again. It was trading at $1,725.00, $82.84 (or 4.58%) lower.While big companies are closing their offices all over the world, Amazon.com Inc (NASDAQ: AMZN) is recruiting people. Notably, the hiring process has become a necessity due to coronavirus. As people are now afraid of going outside, the number of orders for...

Amazon’s signature Prime Delivery and Grocery delivery services are facing delays due to overwhelming demand from customers on account of the COVID-19 outbreak. The logistical challenges are mounting for the company. AMZN stock is in red after hours.The coronavirus pandemic has created panic all across the globe with a massive surge in demand for household items. In a blog post on Friday, March 13, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) warned that it is running out of stock for...

In a memo to employees, Amazon has confirmed the second coronavirus case and notified all employees who came in contact with the infected person. Amazon has allowed remote working from home for all its employees through the month of March.E-commerce giant Amazon.com Inc (NASDAQ: AMZN) has confirmed another case of coronavirus COVID-19 from its Seattle office on Friday. Speaking to CNBC, Amazon has confirmed that the employee has been kept in quarantine for the time period. As for the Amazon...