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Amazon has resumed making drone deliveries in Texas and Arizona after it halted the program earlier this year. The company suspended Prime Air deliveries in January as it rolled out a software update to correct issues with the drone's altitude sensor caused by Arizona's dusty air.
In the closing of the recent trading day, Amazon (AMZN) stood at $190.26, denoting a -1.28% change from the preceding trading day.
Jefferies expects a "mullet" year for U.S. software companies, expecting first-half chop and second-half flow. Caroline Woods takes a closer look into the analyst note which cut price targets on Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META) and Microsoft (MSFT).
Jed Ellerbroek says the U.S. economy holds up "reasonably well" against tariff headwinds. He urges investors to look at long-term portfolio potential instead of trading off short-term tariff volatility.
The US stock market is currently experiencing one of its sharpest corrections in recent history, driven by uncertainty around trade policy and declining economic growth forecasts. President Donald Trump's frequent shifts in international tariff rhetoric have left businesses and investors navigating a rapidly changing landscape.
Amazon.com Inc (NASDAQ:AMZN) is headed for a 10.6% monthly drawdown in March, after a 10.7% drop in February.
Amazon (AMZN -2.02%) stock is heading lower in Monday's trading. The tech giant's share price was down 2.2% at 1:30 p.m.
Amazon has released a new AI model that can take actions in a web browser on a user's behalf. The new tool, called Nova Act, will compete with other agentic AI tools launched by the likes of OpenAI and Anthropic.
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Despite a challenging 2025 for tech stocks, Amazon remains a 'buy' due to its strong long-term growth potential and robust financial performance. Amazon's North America and International segments showed significant revenue and profit growth, driven by productivity improvements and strong advertising revenue. AWS continues to be a major growth driver, with substantial revenue and profit increases attributed to AI and cloud migration trends.