Nasdaq AMZN Amazon

The U.S. dollar edged lower against a basket of peer currencies on Tuesday as investors awaited the outcome of this week's two-day Federal Reserve policy meeting for any signals as to when the central bank will begin tapering its asset purchases.

What happened Three months ago, the space industry's most famous company, SpaceX, won a huge victory over rivals such as Lockheed Martin, Northrop Grumman, and their partner Blue Origin -- the space company built by Amazon (NASDAQ: AMZN) founder Jeff Bezos. NASA hired Elon Musk's

What happened Shares of cryptocurrency stocks got crushed early in trading on Tuesday, as Bitcoin (CRYPTO: BTC) and other cryptocurrencies dropped. Since the stock market closed on Monday, Bitcoin dropped $39,353 per coin to about $36,400 last night, giving up about 10% of its v

Tuesday morning was a tough time on Wall Street as market participants focused on the negatives among stocks. Between concerns about the sustainability of macroeconomic growth, and uncertainty regarding the future of monetary and fiscal policy, investors chose to sell first and a

U.S. stock indexes retreated from record highs on Tuesday, with the Nasdaq tumbling as much as 2.1% as caution kicked in ahead of earnings reports from some of the most valuable technology companies on Wall Street.

U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and an imminent Federal Reserve meeting put some investors on guard and drove profit-taking.

Sea Limited (NYSE: SE) and Coupang (NYSE: CPNG) are two of the fastest growing e-commerce companies in Asia. Sea owns Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, while Coupang owns the largest online marketplace in South Korea.

Amazon (NASDAQ:AMZN) closed up over 1% on Monday, July 26, after some exciting news came out for the company. In today's video I look at fundamentals and recent news for Amazon. Below I share a few highlights from the video.

The U.S. dollar dipped slightly against a basket of peer currencies on Tuesday as investors held off from making big bets ahead of the outcome of this week's two-day Federal Reserve policy meeting.

Over the last year and a half, retail investors have driven volatility in capital markets, causing spikes in several mega-cap stocks, such as Tesla, Inc. (TSLA) A stock split, wherein a company decides to formally divide its share price into smaller fractions, makes a formerly expensive stock more accessible to these traders. Additionally, a stock’s options premiums can be exorbitantly expensive, so splitting the underlying price can bring those down as well.  

Amazon.com, Inc. (AMZN) has not split its stock since 1999. Due to the takeoff of tech stocks over the last decade, its price has risen to a portfolio- consuming level of just under $3,700, as of early intraday trading on Tuesday, July 27. The stock trades at about 2-3% less than its all-time high. Speculation has now begun to circulate about a potential stock split, based off several reasonable factors.  (See Amazon stock charts on TipRanks)

First, Amazon is reporting earnings results this Thursday after market hours, and companies typically announce stock splits during earnings calls. If the stock split were going to happen this time of year, now is the moment when investors could expect that kind of corporate maneuver.  

Secondly, the U.S. ecommerce leader has a fresh new CEO, Andy Jassy. His predecessor, Jeff Bezos, clearly was never interested in splitting the stock price. With new leadership and new visions for the company, it is possible to opine that Jassy would attempt to start off his tenure by hitting the ground running.  

Thirdly, a potential entrance into the legendary Dow Jones Industrial Average would be possible only upon a splitting of Amazon’s stock price. Currently, each share is too expensive to be eligible for membership to the price-weighted Dow.  

At the same time, splitting a stock is not nearly as pivotal as it once was. Brokerages like Robinhood Markets Inc. (HOOD) and Charles Schwab (SCHW) have tools for their users to purchase fractional shares. By paying only the amount they can afford, the traders on these platforms can effectively already “split” the stock themselves.  

On TipRanks, AMZN has an analyst rating consensus of Strong Buy, based on 32 Buy ratings. The average Amazon price target is $4,332.90, representing a potential 12-month upside of 18.07%. These metrics are based on intraday trading prices by 10 a.m. EST Tuesday July 27.  

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 

U.S. stock indexes retreated from record highs on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.

Amazon (NASDAQ: AMZN) has been a quintessential beneficiary of the stay-at-home trend. Sales at the international e-commerce giant surged at the pandemic's onset and have remained elevated.

U.S. stock indexes were set to open flat on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.

Wiliot, a technology company backed by Amazon Web Services and Qualcomm Inc, said on Tuesday it raised $200 million in a funding round led by SoftBank Vision Fund 2.

World stocks fell on Tuesday after investors sold Chinese internet giants for a third straight day, while real U.S. bond yields hit record lows on worries about the economic outlook ahead of a Federal Reserve meeting.

U.S. stock index futures fell on Tuesday ahead of earnings reports from the most valuable companies on Wall Street and in the run-up to the two-day Federal Reserve meeting.

Walmart's Flipkart has appealed to India's Supreme Court against a state court's decision that allowed an antitrust probe into the e-commerce firm and its rival Amazon.com Inc to continue, three sources told Reuters on Tuesday.

Asian stocks hit their lowest this year on Tuesday on a third straight session of selling in Chinese internet giants, and real bond yields hit record lows ahead of a Federal Reserve policy meeting.

Asia's stocks fell to fresh seven-month troughs on Tuesday, led by a third straight session of heavy selling of Chinese internet giants, while bond and currency markets clung to tight ranges ahead of the Federal Reserve policy meeting.

Amazon.com Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported on Tuesday, citing sources.