3,178.15 +15.37 (0.49%)
After hours: 4:32PM EDT
|Bid||3,165.15 x 1800|
|Ask||3,171.00 x 3000|
|Day's range||3,162.47 - 3,263.99|
|52-week range||1,626.03 - 3,552.25|
|Beta (5Y monthly)||1.35|
|PE ratio (TTM)||121.47|
|Earnings date||29 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3,724.98|
Amazon is the biggest online retailer in Europe, and today it took the next step in making that effort more localized. The company has launched a dedicated portal for Sweden at Amazon.se -- giving Swedish shoppers, third-party merchants and itself a local URL -- and a local logistics system, and a local marketing push -- for buying and selling goods and services online. Sweden, as Europe's 10th biggest economy by GDP, is a key market for Amazon and its growth strategy.
With new coronavirus cases in the U.S. soaring in October, consumers are expected to do more online shopping this holiday season ... a lot more. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
Just when you thought Amazon (NASDAQ: AMZN) was out of surprises, here's a new one: It's buying a hotel. There's more to the story, though, and what it might mean to real estate investors. Amazon isn't planning to take over defunct hotels anytime soon, but it's in the process of expanding its massive Washington, D.C. headquarters.