Amazon share price

Amazon has been trading sideways to lower for nearly two years. Is AMZN stock worth investing in now before the 20-for-1 stock split?

The expected stock split date for Amazon shares is early June. The company's shares have rocketed over 4,000% since its last stock split announcement. In the video below, I break down Amazon earnings highlights. On March 9, Amazon announced a 20-for-1 stock split, the company's first split since 1999 and its fourth since its IPO in 1997.

Amazon stock plunged as the e-commerce giant reported a first-quarter loss after the market close Thursday, with guidance well below views.

The company's Amazon Web Services reported revenue of $18.44 billion, above estimates of $18.27 billion. The company also put in place a $10 billion Amazon stock buyback plan. Amazon now expects an operating loss of $1 billion to $3 billion, compared with a $7.7 billion loss in the year-ago quarter. Analysts were expecting Amazon to report earnings of $8.35 a share on revenue of $116.5 billion, according to FactSet, but that apparently didn't include the Rivian loss. Amazon ( AMZN) blamed the pandemic, inflation and Russia's invasion of Ukraine for its weak outlook, among other things. The first-quarter results came late Thursday. For its second quarter ending in June, Amazon expects revenue in the range of $116 billion to $121 billion.

Amazon reported slowing growth and a net loss in its quarterly earnings · The company is a cyclical business that I expect to do better in favourable economic ...

I still expect Amazon to perform well over time, so I don’t see the falling share price as a cause for concern. Overall, the decline in revenue growth is in line with my general outlook for Amazon as a business. As a cyclical business, I expect Amazon to do better when macroeconomic conditions are good and worse when they are difficult. Amazon reported revenue growth of around 7%. For a business that has consistently increased its revenues at over 20%, that seems disappointing. If the company is performing in line with my expectations, then I probably have nothing to worry about. Since it owns a large quantity of Rivian shares, Amazon reported the decline as a $7.6bn loss on its income statement.

AMZN stock is falling today after the e-commerce giant disappointed investors with its results and outlook for the second quarter.

The company reported that Amazon Web Services earned $18.44 billion versus the $18.27 billion estimate. On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. That was the slowest rate of revenue growth at Amazon since the dot-com bubble burst back in 2001. The company said that it has been struggling with multiple challenges this year, including rising inflation, higher fuel and labor costs, global supply chain constraints, the ongoing pandemic, and war in Ukraine. Looking ahead, Amazon provided weaker-than-expected guidance for the current second quarter, forecasting growth of between 3% and 7% from a year ago. The Rivian loss aside, revenue at Amazon increased just 7% during the first quarter, compared with 44% growth in the first quarter of 2021.

Shares of Amazon collapsed Friday after the ecommerce monolith reported worse-than-expected earnings spurred by high inflation and lingering supply chain ...

Post also touted a "large profit pool" from Amazon Web Services and reiterated a buy rating for the stock. "Fears of slowing growth, higher interest rates, uncertainty about supply chains and geopolitical events have weighed on the broader market, but tech has carried the brunt of the pain," Ally Invest strategist Lindsey Bell wrote in a Friday note, adding: "It's been an ugly month for the technology sector." Shares of Tesla plummeted 12% Tuesday, pushing the firm's market capitalization down by more than $125 billion.

Shares of Amazon plunged 12% on Friday, marking its biggest intraday drop since July 2014. The drop comes one day after the tech titan reported its first ...

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Amazon.com Inc. shares are tumbling on Friday, with the e-commerce company seeing its biggest intraday percentage drop since October 2011, after it gave an ...

Shares fell as much as 13%, taking them to their lowest since June 2020. The selloff erased more than $178 billion off the company’s market valuation. Amazon.com Inc. shares are tumbling on Friday, with the e-commerce company seeing its biggest intraday percentage drop since October 2011, after it gave an outlook that was seen as disappointing.

Amazon Inc. results show a quarterly loss due to investment in electric carmaker Rivian. Amazon Source: Bloomberg.

Prices above are subject to our website terms and agreements. Prices above are subject to our website terms and agreements. The share price of Amazon Inc. has broken key support at 2720 in afterhours trade following the results release. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. All shares prices are delayed by at least 20 mins. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. Traders who are short might consider using a close above $2720 as a stop loss indication for the trade. All shares prices are delayed by at least 15 mins. The prior year’s Covid-19 pandemic supported earnings in Q1 2022 providing a high base of comparison, but the extent of lost earnings in the Q1 2022 have underperformed even the softest forecasts. Amazon has and is continuing to face pressure on its business through inflation (stemming from labour and logistic / fuels costs) as well as the Ukraine / Russia war and supply chain bottlenecks. The Rivian investment is likely to weigh further as the share price is currently down another 40% odd since 1 of April. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

Shares in the tech giant fell 8.7% in premarket trading to $2,640.95, with Amazon (ticker: AMZN) on track to move into a bear market — down more than 20% this ...

Shares in the tech giant fell 8.7% in premarket trading to $2,640.95, with Amazon (ticker: AMZN) on track to move into a bear market — down more than 20% this year. Amazon Stock Sinks. But This Part of the Business Could Help Shares Fly Again. - Order Reprints