{ }
Symbol AMZN
Name Amazon.com, Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Retailing
Industry Internet & Direct Marketing Retail
Market NASDAQ Global Select
Country United States
State WA
City Seattle
Zipcode 98109-5210
Website http://www.amazon.com
Investors are advised to focus on key moving averages, such as the 50-day and 10-week lines, to gauge stock performance, particularly for high-profile companies like Nvidia, Tesla, and Apple. As Nvidia faces volatility and dips below these benchmarks, understanding market trends and relative strength lines becomes crucial for making informed investment decisions in 2025. Monitoring these indicators can help investors manage risks and protect gains amidst fluctuating market conditions.
President Joe Biden has endorsed a ban on congressional stock trading, stating that lawmakers should not profit from the stock market while in office. This comes amid ongoing debates in Congress, particularly after instances of stock trading linked to pandemic briefings. Although a bipartisan proposal exists, it has yet to be voted on, and Biden emphasized the need for legal changes to prevent conflicts of interest.
President Joe Biden has endorsed a ban on congressional stock trading, stating that lawmakers should not profit from the stock market while in office. This comes amid ongoing debates in Congress, particularly after instances of stock trading during the pandemic. Although a bipartisan proposal exists, it has yet to be voted on, and Biden emphasized the need for legal changes to prevent conflicts of interest.
Shares dipped 0.7% early Tuesday, with Nvidia and Tesla making headlines. Nvidia fell 1.8% in premarket trading after hitting a sell signal, while Tesla surged 2.6% following an upgrade from Mizuho, reaching new highs.The Dow Jones futures dropped 0.5% as retail sales exceeded expectations, and the Federal Reserve's policy meeting began, with a high probability of a rate cut. Notable stocks to watch include BlackRock, IBM, and Manhattan Associates, with IBM nearing a buy point.
Wall Street is experiencing a widening divergence between growth and value stocks, with the Nasdaq 100 hitting a record high while the Dow Jones faces its eighth consecutive loss. As the Federal Reserve meeting approaches, market participants are cautious, anticipating a potential 'hawkish cut' that could influence future rate adjustments amid ongoing inflation concerns.Sector performance indicates a strong preference for growth stocks, highlighted by significant gains in tech giants like Alphabet, Tesla, and Broadcom, while the S&P 500 remains in a near-term range. The ratio of value to growth stocks is at its lowest since January 2022, reflecting this trend.
IG
The stock market rally continues, with the Nasdaq reaching a record high and the S&P 500 close to its peak. IBD maintains an exposure level of 80%-100%, emphasizing risk management. Nvidia triggered a sell signal after a 1.7% drop, while other tech giants like Alphabet and Amazon hit new highs. Upcoming economic data and earnings reports from major companies are anticipated this week.
The S&P 500 and Nasdaq Composite reached new highs, while the Dow faced its eighth consecutive loss as investors await the Federal Open Market Committee's interest rate decision. Despite a positive trend in new highs, breadth data indicates underlying market weakness, with more decliners than advancers. Nvidia's stock correction continues, raising concerns about future sales, yet analysts remain optimistic about tech stocks' growth driven by the AI Revolution.
The Nasdaq Composite reached a record high, climbing 1.2% as major tech stocks like Tesla, Google, Amazon, and Apple hit fresh peaks. Meanwhile, the S&P 500 rose nearly 0.4%, while the Dow Jones fell 0.2%. Investors are focused on the Federal Reserve's upcoming interest rate decision amid rising inflation concerns.
UBS has raised its price target for Amazon from $230 to $264, maintaining a "Buy" rating. Analyst Stephen Ju highlighted the company's declining office workforce, which suggests improved margins and supports his estimates for 2025, with the new target reflecting expectations through the end of 2026.
Amazon.com, Inc. is a leading global online retailer, offering a wide range of consumer products across three main categories: electronics, cultural products, and various services. The company generates 55.5% of its revenue from services and 44.5% from product sales, with the majority of its sales occurring in the United States (68.8%). Other significant markets include Germany (6.5%), the United Kingdom (5.9%), and Japan (4.5%).
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