Previous close | 37.86 |
Open | 39.25 |
Bid | 38.95 |
Ask | 39.15 |
Strike | 160.00 |
Expiry date | 2025-01-17 |
Day's range | 39.10 - 39.80 |
Contract range | N/A |
Volume | |
Open interest | 11.22k |
Amazon is headed down a path to hit a key sales milestone in 2024.
Amazon Web Services (AWS) has been a driving force behind Amazon's (AMZN) remarkable earnings growth. The cloud services business has reached a monumental milestone, hitting the $100 billion run rate, and continues to expand rapidly. As cloud computing services and generative AI technology gain widespread popularity, the question arises: How is Amazon positioning its cloud business to sustain its success, market share, and momentum? In the latest edition of Opening Bid, Yahoo Finance Executive Editor Brian Sozzi is joined by CEO of Amazon Web Services Adam Selipsky, to discuss the future of AWS and its strategic positioning. Selipsky provides insights into his journey to becoming part of the Amazon family, the unique culture that drives the company's innovation, and how he navigates the competitive landscape against rivals like Meta (META) and Microsoft (MSFT). For more expert insight and the latest market action, click here This post was written by Angel Smith
The average brokerage recommendation (ABR) for Amazon (AMZN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?