Page 163 - Amazon Web Services News Today

Amazon easily bested earnings expectations with gains driven by its cloud business, Amazon Web Services (AWS).

Deroy & Devereaux Private Investment Counsel Inc. decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,318 shares of the e-commerce giant’s stock after selling 456 shares during the quarter. Deroy & Devereaux Private […]

Amazon.com (NASDAQ:AMZN) had its target price raised by equities researchers at JPMorgan Chase & Co. from $225.00 to $240.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the e-commerce giant’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 33.05% from the stock’s […]

AWS is on track to generate $100 billion in revenues this year.

Microsoft Azure, AWS and Google Cloud earnings results for first quarter 2024 include revenue, sales growth, cloud market share and Q1 profits.

The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the first three months of this year.

Citizens National Bank Trust Department boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,678 shares of the e-commerce giant’s stock after purchasing an additional 1,270 shares during the quarter. Amazon.com […]

The Federal Reserve plans to decrease quantitative tightening (QT) considerably to address inflation

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating reaffirmed by stock analysts at Roth Mkm in a research note issued on Wednesday, Benzinga reports. They presently have a $210.00 price target on the e-commerce giant’s stock, up from their prior price target of $205.00. Roth Mkm’s target price points to a potential upside of 18.47% from […]

Amazon.com (NASDAQ:AMZN)‘s stock had its “buy” rating reiterated by research analysts at Rosenblatt Securities in a research report issued to clients and investors on Wednesday, Benzinga reports. They presently have a $220.00 target price on the e-commerce giant’s stock. Rosenblatt Securities’ price target would suggest a potential upside of 25.71% from the company’s previous close. […]