Amazon.com, Inc. (AMZN) stock is expected to make investors rich within the next three years, with potential benefits arriving from a landmark U.S.-U.K. trade deal. The stock, however, is experiencing a dip due to tariff concerns despite showing strong quarter results. Yet, several investors believe the stock is now oversold. Amazon's earnings have exceeded expectations but earnings guidance has been mixed. The company has also experienced a strong first quarter, thanks to an AI boom. Amazon (NASDAQ: AMZN) stock had corrected by 33% but rebounded rapidly by 20%. The arrival of their new Vulcan robot threatens Chinese rivals, whilst its expansion globally with AWS shows promise. However, the stock fell as Raymond James significantly cut the price target. Despite macro fears, the stock is still considered a top buy and one of the most profitable blue-chip stocks. However, some feel tariffs will continue to impact revenues for the rest of the decade.
Amazon Stocks AMZN News Analytics from Mon, 24 Mar 2025 07:00:00 GMT to Sat, 10 May 2025 09:15:00 GMT -
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- Information 8
- Rumor -3