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Stock impact report

Amazon (AMZN) Gains 3.9% to Breach the $2 Trillion Mark [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This development makes Amazon the first company in the Zacks Internet – Commerce sub-industry and the fifth company overall to cross the landmark valuation. Of these companies, Microsoft Corporation MSFT and NVIDIA Corporation NVDA, both of which are valued at more than $3 trillion, are contesting to become the largest company in the world, with NVIDIA briefly surpassing Microsoft in recent sessions. Apple, too, is a $3 trillion company, while Google parent Alphabet is currently the only other company alongside Amazon in the $2-$3 trillion range. Seattle-based Jeff Bezos-led Amazon has had a fantastic year so far. As of Jun 26, its share price increased 27.4%. It currently has a Zacks Rank #3 (Hold) but is expected to be upgraded in the coming months. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here In May, the e-commerce giant reported first-quarter 2024 earnings of 98 cents per share, surpassing the Zacks Consensus Estimate of 82 cents and the ye Show less Read more
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