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Amazon Price

Amazon.com Inc. is an American eCommerce company founded in 1994 by Jeff Bezos as an online book retailer. The company has since expanded to stock almost everything that a person could buy from a traditional brick-and-mortar retailer such as Walmart.
The company has since become the leading global retailer with a market capitalization of over $1.66 trillion compared to Walmart’s $398 billion valuations.

Amazon Web Services

Amazon.com has since expanded its operations into the cloud computing market and was an early adopter of the technology. The company enjoys a significant lead in the cloud computing market via its Amazon Web Services division, which generates almost 15% of Amazon’s total revenues.
Amazon Web Services leads the cloud computing market with approximately 41% market shares compared to other tech companies such as Microsoft and Google. The division’s revenues keep growing each quarter cementing the firm’s leading position.
Jeff Bezos, Amazon.com’s founder has recently taken a back seat after appointing a new CEO for the firm. However, he will retain his position on the company’s board as its chairman.

Blue Origin

Jeff Bezos also has a space exploration company known as Blue Origin, which is focused on sub-orbital spaceflight. The company aims to make space travel cheaper via reusable launch vehicles, but faces stiff competition from Elon Musk’s SpaceX.

Is Amazon.com a good investment?

Yes, Amazon.com is a good investment given that it commands a healthy lead both in the eCommerce space and in the cloud computing sector. The two businesses complement each other with Amazon Web Services providing the company with significant cash flow even as competition in the eCommerce industry heats up.

 

Amazon share price news

Amazon price
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·Jun 18, 2020, 18:31 BST

Amazon Approaches Record Highs On Fears of Second Coronavirus Wave

Amazon stock hovers close to all-time highs after the company launched a shopping website in Saudi Arabia, reiterating its continued business interests
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Amazon price
Shares
·Jun 09, 2020, 14:52 BST

Amazon Price At Record Highs As Online Orders Jump On Coronavirus Lockdown

Amazon price ended yesterday at record highs capitalizing the idea that online retail is the big winner from the coronavirus...
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DAX
Shares
·Dec 15, 2020, 17:58 GMT

Amazon Price Could Push Below 3100 If the EU Commission Rules Kick In

Tech stocks are feeling the heat this Tuesday, with Amazon down by 0.59% after new draft EU rules were announced...
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Shares
·May 04, 2021, 19:08 BST

Amazon Price Drops 6% in Three Days of Hard Selling…

Tech stocks found themselves on the short end of the market, with Amazon price and that of other technology stocks...
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EURUSD
Shares
·Nov 10, 2020, 15:47 GMT

Amazon Price Takes a Tumble As EU Slams Antitrust Lawsuit

What does the EU antitrust lawsuit mean for Amazon price? Sign up to find out how.
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Shares
·Mar 04, 2021, 11:16 GMT

Amazon Price: A Drop Below $2900 Could Happen On “Hitler” Mustache Outcry

Amazon’s price continues to tank after the outcry over the now-scrapped logo that was widely perceived as bearing a resemblance...
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Forex
·Jul 29, 2020, 15:59 BST

Amazon Second Quarter Earnings Preview

Amazon will report second-quarter earnings on July 30 after the closing bell. Analysts expect a strong performance as the coronavirus lockdown boosted online shopping and the cloud services
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Shares
·Aug 28, 2020, 13:18 BST

Amazon Share Price Attempts a Breakout as Investors Question Tech Rally

Amazon is trying to confirm a breakout above the $3400 level and a channel resistance. The stock was down 1.22%...
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Shares
·Dec 22, 2020, 14:30 GMT

Amazon Share Price Gains Slightly, Faces Headwinds with Germany Strike

Amazon share price may be higher today, but it is battling significant headwinds after it peaked at 3551.77. The company...
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nasdaq 100 index
IndicesShares
·Jul 21, 2020, 14:52 BST

Amazon Share Price Keeps Rising – For How Long?

Two days from now, Amazon releases its Q2 2020 earnings, and the market is on a limbo already – Amazon...
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