Tag Archives: amazon stock

Thousands of Amazon.com Inc. sellers who built their businesses using China’s cheap and efficient manufacturers are on the spot as the coronavirus shuts factories there. AMZN stock was down on Tuesday but seems to start growing in the pre-market.Amazon.com Inc (NASDAQ: AMZN) is allegedly doing everything it can to stock up on inventory as the coronavirus (COVID-19) spreads at a rapid pace. Worries about it becoming a pandemic rise and people are buying everything from the stores (like this...

Amazon stock crashed more than 4% yesterday, causing CEO and founder Jeff Bezos to lose nearly $5 billion of his personal wealth.The effects of the coronavirus outbreak are still being felt all over the world. With each passing day, these effects are worsening and are getting harder to ignore. Stock markets all over the world are taking a plunge and a lot of money is being washed down the drain. This problem has hit the world’s richest man and Amazon.com Inc (NASDAQ: AMZN) CEO Jeff Bezos, who...

As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...

As part of a massive market crash on Monday, Big Tech companies ended up losing billions-of-dollars of investors’ wealth. Apple is the most-affected Big Tech company from the Coronavirus outbreak as it largely depends on China for its manufacturing.On Monday, financial markets in the U.S. and across the globe plunged heavily on account of rising coronavirus cases outside China. The fall in the broader markets came after South Korea and Italy reported a sudden splurge in coronavirus cases on...

Facebook (FB) stock lost over 2% of its value on Friday and now its price is also decreasing in the pre-market. However, in the long term, it still looks viable.Facebook Inc. (NASDAQ: FB) stock lost 2% on Friday. Some experts believe that the dip in stock price came as a result of Fakebook’s recent earnings report. However, it’s worth mentioning that there has enough time gone since the moment of publication. But at that analysts are still wondering if the stock will be able to make...

Amazon (AMZN) is not the only stock that went down. Because of coronavirus, China will stop providing necessary physical and virtual services to the U.S. As a result, the market reacts with the overall drop in prices.At the beginning of 2020, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) has been showing not a very impressive performance. Such an outcome results from the company’s stock underperforming significant benchmarks over the previous six months. Until mid-January 2020, Amazon could...

Walmart revealed it spent $11.8 billion the last year on dividends. Amazon doesn’t have such a strategy but AMZN stock price is growing.Amazon (AMZN) stock is in green these days while Walmart (WMT) stock is falling. Do these events have any relation to the companies’ performance and approaches? Let’s have a look at how both companies are doing.John Furner, President and CEO of Walmart US, said recently that the role of corporations has changed. By saying that, Furner was thinking of making...

As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.The Federal Trade Commission, FTC, has announced its decision to begin an investigation targeted at some tech giants. The Commission said that the investigation is to shine its spotlight on these companies’ acquisitions carried out in the past, that may not have been thoroughly scrutinized by the regulator. The tech giants...

In a quest to fund the Blue Origin project, Amazon CEO Jeff Bezos continued with his initial plan to sell shares. He has now sold $3.5 billion worth of shares in a week after AMZN stock jumped higher and the company joined the $1 trillion club.Amazon CEO Jeff Bezos has sold almost $3.5 Billion worth of Amazon’s (AMZN) shares in the last one week, in the quest to fund his aerospace project Blue Origin. According to filings from the Securities and Exchange Commission (SEC), Jeff sold slightly...

Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...