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Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).
The Wesfarmers Ltd (ASX: WES) share price will be on watch today after announcing a 14% fall in profit for the first half of FY22.
All three US stock markets fell on Monday as Peloton (NASDAQ:PTON) shares surged on takeover rumours, with Amazon potentially circling.
The Cettire Ltd (ASX: CTT) share price has jumped 13% this morning after announcing its expansion into China via a partnership with JD.Com.
US stock markets finished the week on a positive note as Amazon (NASDAQ:AMZN) and Snap (NYSE:SNAP) shares were in the news.
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
John Garrett is a Portfolio Manager at MA Financial Group Ltd (ASX: MAF) (formerly Moelis Australia) and shares investing wisdom on his website, mastersinvest.com. He joins Raymond Jang on The Australian Investors Podcast to share his investing knowledge and lessons with our investing community.
Data#3 Limited has surfed the IT enterprise revolution to come in fifth on the Dividend Growth Investing list with a stellar 14.47% Chowder Number.
Joe Magyer has been one of Australia’s best investors over the past decade, leading Motley Fool Pro then Lakehouse Capital as Chief Investment Officer. He joins Owen Rask for a special investors podcast episode.
Amazon.com (AMZN) or Cloudflare (NYSE:NET)? Is the EML Payments Ltd (ASX:EML) share price dirt cheap? Life360’s Tile takeover & more.
