|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's range||94.92 - 97.23|
|52-week range||85.87 - 177.50|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||88.43|
|Earnings date||01 Feb 2023 - 06 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||140.42|
Recession fears caused this growth stock to plunge more than 50%, creating a buying opportunity for savvy investors.
The stock market sell-off has primarily stemmed from rises in inflation, leading to decreased consumer spending. Microsoft (NASDAQ: MSFT), Advanced Micro Devices (NASDAQ: AMD), and Apple (NASDAQ: AAPL) have each watched their stocks experience double-digit declines since January. As the home of hard-hitting brands such as Windows, Office, Azure, and Xbox, Microsoft has become a dominating presence in multiple markets.
Amazon.com Inc hopes to interest a wider range of industries in the technology it developed for cashier-less checkout at brick-and-mortar shops, a vice president said. Vice President Dilip Kumar said late on Wednesday the company aims to broaden sales of the technology since it moved the team in charge to its cloud-computing division, Amazon Web Services (AWS), in August. "As part of AWS, you are by definition exposed to a wide range of clients," he told Reuters in an interview at the cloud unit's annual Las Vegas conference, which attracted more than 50,000 attendees across many industries.