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Home NASDAQ: AMZN

Amazon Stock Rose On Wednesday, Outperforms Market

Walter Byrd by Walter Byrd
January 14, 2021
in NASDAQ: AMZN
0
Amazon Stock Rose On Wednesday, Outperforms Market

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NASDAQ Composite ended the session with Amazon rising 1.68% to $3,173.24 on Wednesday while nASDAQ Composite jumped 0.47% to $13,133.92.

Amazon today’s close was $3,173.24, 11.94% below its 52-week high of $3,552.25.

News about Amazon today

According to today’s article on Business Insider, “In addition to the Apple App Store and Google Play Store, Parler was also banned by Amazon from using its web hosting services. “

Amazon’s Sales

Amazon’s sales growth is 36.7% for the current quarter and 26.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 10.7% and 80%, respectively.

Amazon’s Revenue

Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 347.95B for the twelve trailing months.

Volatility

Amazon’s last day, last week, and last month’s average volatility was a positive 0.21%, a negative 0.63%, and a positive 0.03%, respectively.

Amazon’s last day, last week, and last month’s high and low average amplitude percentage was 1.82%, 1.73%, and 1.94%, respectively.

Amazon’s Stock Yearly Top and Bottom Value

Amazon’s stock is valued at $3,173.24 at 16:13 EST, way below its 52-week high of $3,552.25 and way above its 52-week low of $1,626.03.

Amazon’s Moving Average

Amazon’s value is below its 50-day moving average of $3,186.07 and higher than its 200-day moving average of $3,165.09.

Previous days news about Amazon

According to Business Insider on Sunday, 10 January, “Companies like Amazon and OneWeb aim to establish their own fleets of thousands of satellites, and a Chinese company called GW has filed a proposal to launch a constellation of nearly 13,000 satellites.”

According to Business Insider on Sunday, 10 January, “On Saturday, a group of Amazon employees called on the company to cut off the servers of social media app Parler. “

According to Business Insider on Sunday, 10 January, “The six-year-old Silicon Valley company addresses the booming area of providing cybersecurity to companies growing and moving their operations to public cloud providers like Amazon Web Services or Microsoft Azure.”

According to Business Insider on Sunday, 10 January, “Servian brings expertise in all major digital technologies and has partnerships with the largest names in the industry, including Google, Microsoft, Amazon Web Services, Salesforce, Snowflake, Oracle, HashiCorp, Talend, Informatica, and Red Hat. “

According to Business Insider on Monday, 11 January, “Then on Sunday, Parler was taken offline entirely after Amazon kicked the app off its web-hosting servers, citing the app for hosting content that encourages violence. “

According to The Wall Street Journal on Tuesday, 12 January, “Amazon.com Inc. abruptly ended web-hosting services to the company, effectively halting its operations, prompting Parler to sue Amazon in Seattle federal court. “, “We have been appropriately addressing this type of content and actively working with law enforcement for weeks now,” Parler policy chief Amy Peikoff told Amazon a few hours later in an email reviewed by The Wall Street Journal.”

According to Bloomberg Quint on Tuesday, 12 January, “In December, Amazon announced it is acquiring Wondery, a major podcast producer, for its music service. “

According to Business Insider on Tuesday, 12 January, “The startup recently hired Maju Kuruvilla, a former Amazon exec, to be its first CTO. “

According to CNBC on Tuesday, 12 January, “She oversaw dozens of high-profile partnerships for the lender, including the Venmo credit card this year, as well as co-branded card deals with Amazon and Verizon.”

Jeff bezos just turned 57. here’s how he built Amazon into a $1.56 trillion company and became the world’s richest person.. According to Business Insider on Tuesday, 12 January, “But it hasn’t been all bad for Bezos: he’s jetted across the globe with his girlfriend, Lauren Sanchez, he’s attended the exclusive Met Gala, and, last year, he celebrated another successful Prime Day with Katy Perry, Lil Nas X, and 45,000 Amazon employees. “, “Over the last several months, Amazon has seen a surge in demand as the coronavirus outbreak has forced people to shop online more than ever. “

According to Business Insider on Tuesday, 12 January, “Read more: Leaked memo shows Amazon is warning employees to ‘be vigilant’ around their safety as far-right threats to blow up data centers emerged after banning Parler”

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