Stocks have been impacted by the weak US retail sales and inflation data. However, Microsoft, Amazon and Rivian stock prices are likely to put on a strong show in the near-term. Microsoft Microsoft stock price is on an upbeat mode, driven by its recent strong earnings results and bright outlook. The company reported revenues of…
Amazon (NASDAQ: AMZN) stock price action is very difficult to predict in the current economic conditions. Amazon is one of the biggest and pioneering internet tech companies in the world. The tech giant was founded in 1994 by Jeff Bezos as Cadabra, Inc. in Washington. Over the past three decades, the company has evolved from…
Amazon (NASDAQ: AMZN) shows signs of life in the premarket session after plunging over 5% yesterday. However, a new inflation red flag has emerged — Chinese electronics giant Anker has begun raising prices across Amazon’s platform, citing cost pressures and changing supply chain economics. The sudden price hikes from a top Amazon third-party seller could…
Amazon’s stock (AMZN) tumbled 4.2% on Monday, extending its recent decline amid growing concerns over slowing consumer spending. At the close of Monday’s trading, Amazon’s stock settled at $194.70 and is currently trading at $195.12 in pre-market hours. This marks a significant drop from its recent highs above $230, confirming a downtrend in the stock…
Nasdaq 100 Faces Worst One-Day Drop in Years The Nasdaq 100 index saw a steep 4% decline, closing at 17,468.32, marking its worst trading session since 2022. The technology-heavy index suffered a broad-based sell-off as investor sentiment turned bearish amid fears of rising interest rates, economic slowdown, and increased geopolitical tensions. Big Tech Meltdown: FAANG…
