187.39 -0.31(-0.17%)04/29/2025
Amazon.com, Inc. (AMZN)
Amazon.com, Inc. (AMZN)
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| Headline | Time (ET) | Source |
|---|---|---|
| Mark Cuban Thinks Continued Tariffs Spell Trouble for Amazon. Time to Buy This Amazon Dip or Bail Out?
Investors continue to be wary of the new tariff program. Even if the Trump administration's tariffs do accomplish their stated goals of eliminating bias against the U.S. and boosting U.S.-manufactured products, we won't see results immediately. | 04/29 21:23 | fool.com |
| Chart Master: Big Tech earnings will trade like a pair of twos
Carter Worth, Worth Charting, joins 'Fast Money' to talk Meta and Apple. | 04/29 19:10 | youtube.com |
| Tariff relief for US built cars, Amazon earnings preview
Market Domination anchors Julie Hyman and Josh Lipton break down the latest market news for April 29, 2025. President Trump gives the auto sector some relief from tariffs for cars produced in the United States. | 04/29 17:29 | youtube.com |
| Buy the dip in Amazon or Apple Stock as Earnings Approach?
Set to release their quarterly results after-market hours on Thursday, May 1, Amazon (AMZN) and Apple (AAPL) will highlight a much-anticipated week that features reports from big tech firms. | 04/29 17:25 | zacks.com |
| How will Amazon navigate tariffs
Amazon (AMZN) says it never planned to display the cost associated with tariffs, as claimed in a recent report, after the White House called the move "a hostile and political act." CFRA Research senior equity research analyst Arun Sundaram joins Market Domination with Julie Hyman and Josh Lipton to discuss the impact of tariffs on Amazon, ahead of the company's first quarter results after the closing bell on Thursday. | 04/29 16:42 | youtube.com |
| Jeff Bezos Net Worth Jumps Above $200 Billion
Most of the news about Jeff Bezos in the past few weeks is that his rocket company Blue Moon sent six women into space. This included longtime fiancee Lauren Sanchez. In the meantime, the stock of Amazon.com Inc. (NASDAQ: AMZN), which he co-founded, has risen 8% in the past month while the market has been flat. Bezos’s net worth has recently risen above $200 billion to $203 billion. 24/7 Wall St. Key Points: Jeff Bezos’s net worth has recently risen above $200 billion. His primary source of wealth is AI and e-commerce colossus Amazon.com Inc. (NASDAQ: AMZN). Take this quiz to see if you’re on track to retire. (sponsored) Amazon’s market cap is $2 trillion. That makes it the fourth most valuable company in the world, behind Apple, Microsoft, and Nvidia. Bezos is the second richest man in the world, which puts him behind Elon Musk at $335. Musk’s net worth has plunged $97 billion this year. Bezos’s is down $29 billion, according to the Bloomberg Billionaires Index. It’s All About Amazon Bezos’s primary source of wealth is Amazon, of which he owns 9%. He founded it in 1994 with his then-wife MacKenzie Scott. He was CEO from 1994 to 2021. He turned the company from an online bookstore to the largest e-commerce site in the world. In 2022, he started Amazon Web Services (AWS), which is now the world’s biggest cloud computing company. In the most recent quarter, it had operating income of $10.6 billion, compared to a total of $20 billion for the entire company. As is the case with most megatech companies, the future success of Amazon is in artificial intelligence (AI). It recently invested $8 billion into Anthropic, which is one of the world’s largest AI startups. Amazon also said it would invest $100 billion in capital expenditures, most of which will go to AI R&D and server farms. CEO Andy Jassy commented, “I think that both our business, our customers and shareholders will be happy, medium to long-term, that we’re pursuing the capital opportunity and the business opportunity in AI.” Amazon is in a foot race for AI dominance. Other companies in the race include OpenAI, Musk’s xAI, Microsoft, Google, and Meta. How well Amazon does will affect Bezos’s future net worth as much as anything. Prediction: 1 AI Stock That Will Eclipse Amazon in 5 Years The post Jeff Bezos Net Worth Jumps Above $200 Billion appeared first on 24/7 Wall St.. | 04/29 16:32 | https://247wallst.com |
| S&P 500 (VOO) Live: Trump Administration Blasts Amazon.com, and the S&P 500 Tumbles
Live Updates Live Coverage Has Ended S&P 500 Extends Its Winning Streak 4:18 pm The S&P 500 closed up 0.6% for Tuesday, extending its winning streak to six straight days. Trade Talks Keep S&P 500 Moving Higher 1:51 pm “Ask, and ye shall receive.” Investors for example have been asking a lot lately, for proof that President Trump’s tariffs threats will result in trade deals that can benefit the U.S. economy. Today, Treasury Secretary Scott Bessent announced that the conclusion of a trade deal with India is almost set now, with deals with both Japan and South Korea likely to follow in short order. That’s exactly what investors wanted to hear. The S&P 500 is now up 0.7%, and so is “the Voo.” Trump Growls, Amazon Caves 12:13 pm Well, that was quick! No sooner had the White House expressed disapproval of an Amazon plan to inform customers of how much tariffs were raising the cost of goods sold on its site, than Amazon has abandoned the plan. Amazon spokesman Tim Doyle has just tossed the idea under the proverbial bus, admitting he “considered the idea” but it “was never approved and not going to happen.” Commerce Secretary Howard Lutnick (see above) commented: “Good move,” Amazon. Tariffs Threaten Supply Chain, Wall Street Shrugs 10:57 am Gene Seroka, the executive director of the Port of Los Angeles, is warning of a “precipitous drop” in shipments from China as “major American retailers stop … all shipments from China based on the tariffs” announced by President Trump earlier this month. Despite the warning, investors have resumed buying stocks, and the S&P 500 is now in positive territory, up 0.3%. Stock markets opened lower on Tuesday, threatening to break the S&P 500’s five-day winning streak, although the market is moving back towards breakeven now. The S&P 500 opened 0.3% lower this morning, and the Vanguard S&P 500 ETF (NYSEMKT: VOO) likewise opened down 0.3%. T In political news, White House press secretary Karoline Leavitt blasted a reported plan by Amazon.com (Nasdaq: AMZN), to display the cost of wares on its site next to the amount the cost was inflated by tariffs cost, as a “hostile and political act.” Things could be worse, though. Last night, Commerce Secretary Howard Lutnick promised to “reward … companies who manufacture domestically” by reducing tariffs on foreign auto parts used to manufacture cars in the U.S. General Motors (NYSE: GM) CEO Mary Barra responded to the news by promising to “invest even more in the U.S. economy.” Ford (NYSE: F) CEO agreed that the move “will help mitigate the impact of tariffs on automakers, suppliers and consumers.” Earnings Speaking of General Motors, the automotive giant reported this morning that its Q1 profits came in at $2.78, $0.17 ahead of analyst forecasts. Commercial truckmaker Paccar (Nasdaq: PCAR) on the other hand reported profits $0.14 below forecasts. In housing, we see LGI Homes (Nasdaq: LGIH) miss badly, but paintmaker Sherwin-Williams (NYSE: SHW) beat. In airlines, Jetblue Airways (Nasdaq: JBLU) reported a $0.59 per share loss, but this was $0.02 better than the $0.61 per share loss it was expected to report. Analyst Calls Analyst action is so far muted. Swiss bank UBS upgraded cranemaker Crane (NYSE: CR) to buy. Tariffs war and “market uncertainty” notwithstanding, UBS says it’s “increasingly confident in the long-term earnings outlook and M&A opportunity” for the company. Not everyone’s so confident, however. Already this morning we’re seeing downgrades outnumber upgrades, with Stifel cutting Builders FirstSource (Nasdaq: BLDR) to neutral, Bank of America lowering ConocoPhillips (NYSE: COP), also to neutral, and TD Cowen downgrading GLP-1 drugs compounder Hims & Hers (NYSE: HIMS) to hold, citing increased competition from Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY), and a lack of near-term catalysts to move the stock higher. The post S&P 500 (VOO) Live: Trump Administration Blasts Amazon.com, and the S&P 500 Tumbles appeared first on 24/7 Wall St.. | 04/29 16:32 | https://247wallst.com |
| White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice'
The White House press secretary, Karoline Leavitt, attacked the retail giant over a report that suggested Amazon would highlight tariff-related price increases. Amazon said it was “not going to happen. | 04/29 16:18 | nytimes.com |
| What options trading is saying about Amazon, Apple, Meta and Microsoft earnings
Several Big Tech companies are reporting earnings this week, including Amazon.com AMZN-0.15%, Apple AAPL+0.49%, Meta Platforms META+0.84% and Microsoft MSFT+0.75%. Options traders attempt to predict the size of a stock's post-earnings movement by bidding up its puts and calls. | 04/29 15:35 | marketwatch.com |