Tag Archives: amazon

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...

Alphabet (GOOGL) stock price has been topsy-turvy. This, however, doesn’t change the company’s profit outlook as investors expect increased demand due to the COVID-19 situation.Alphabet Inc (NASDAQ: GOOGL) stock prices have been volatile in recent times. Sources say that the technology giant’s stock has had a rough time. This has been mostly due to the COVID-19 situation. This hasn’t slowed the demand for Google’s products. Google which is Alphabet’s child company, has seen an increase in the...

Microsoft (MSFT) stock rose by over 6% yesterday after the company announced it had acquired Affirmed Networks to deliver new opportunities for a global 5G ecosystem. The FAANG stocks were on the winning side with a surge of 5% on average.Wall Street yesterday had many traders pocket some profits and also others cut some losses. This is after Microsoft Corporation (NASDAQ: MSFT) stock rose by over 6% in a day. The positive jump is being attributed to several fundamental factors that have...

Zoom Video Communications (ZM) shares fell 15% to hit $135.18 on March 25. Although having risen over 100% in the past year, the sudden fall is being attributed to President Trump calling on businesses to resume. Today, ZM stock is up again.Zoom Video Communications Inc (NASDAQ: ZM) shares are among the stocks which have been defying the gravitational pull from the coronavirus pandemic. The company which offers remote conferencing services has seen an uptick in the use of its services, as...

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...

Top-five tech companies (Amazon, Apple, Alphabet, Microsoft and Facebook) have corrected anywhere between 25-30% over the last month’s global market crash. These companies have entered an official bear market after leading the 11-year bull market after the 2008 financial crisis.As on March 19 closing on the indices, the big five tech companies have lost a combined market cap of $1.3 trillion. These big five giants include Alphabet Inc (NASDAQ: GOOGL), Apple Inc (NASDAQ: AAPL), Microsoft...

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...

Dow Jones futures and S&P 500 futures have changed little this morning, while Nasdaq futures rose modestly after California issued a “stay-at-home” order to slow the Covid-19 spread.U.S. stock futures started good on early Friday morning, showing potential for a positive opening after an also positive Thursday session. Investors are obviously still watching over coronavirus developments. The Donald Trump administration proposed an $850 billion stimulus package to stabilize the economy,...

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,...

Uber stock is falling after the firm confirmed that it was suspending carpool services as a result of COVID-19 despite a rally in the tech stocks.On March 17, the shares of Uber Technologies Inc (NYSE: UBER) closed lower 6.8% to $18.91 per share. But, as the coronavirus hit the global markets, other tech stocks rebounded. In the case of Uber, the shares dropped after the firm confirmed that it was suspending carpool services as a result of COVID-19. Today the fall continues and Uber stock is...