Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Amazon.com, Inc.    AMZN

AMAZON.COM, INC.

(AMZN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Wall St edges up as Trump signs virus relief orders; more stimulus in focus

share with twitter share with LinkedIn share with facebook
08/10/2020 | 11:08am EDT

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)

* Eastman Kodak plummets as govt loan agreement put on ice

* U.S. stimulus a catalyst for markets right now- Analyst

* S&P 500 gains for seventh straight session

* Indexes up: Dow 0.58%, S&P 0.23%, Nasdaq 0.17%

Aug 10 (Reuters) - Wall Street indexes opened a touch higher on Monday after President Donald Trump signed executive orders over the weekend to support the country's economy through the coronavirus crisis until more concrete stimulus could be passed.

The S&P 500 traded about a percent below a record high, while the Nasdaq hovered below a lifetime high after a series of new peaks last week.

Trump's orders, that partly restored enhanced unemployment benefits, came after talks between the White House and top Democrats in Congress about fresh stimulus broke down.

U.S. Treasury Secretary Steven Mnuchin, in an interview to CNBC on Monday, said the Trump administration and Congress could reach an agreement as soon as this week if Democrats are "reasonable."

Tensions between Washington and Beijing were also at play, after Trump signed executive orders last week banning major Chinese technology firms in 45 days' time while announcing sanctions on 11 Chinese and Hong Kong officials.

Still, optimism over a better-than-expected earnings season and hopes of more stimulus saw the S&P 500 extend gains into a seventh straight session on Monday, while the Nasdaq scaled a record high every day of last week.

After a strong tech-led rally over the past few months, "to me it's about the U.S. stimulus as a catalyst for markets at this point," said Tim Chubb, chief investment officer at Girard in West Chester, Pennsylvania.

"I wouldn't we surprised if the markets were to close off a little bit here and we start to see some unwinding in the favorites."

At 9:40 a.m. ET, the Dow Jones Industrial Average was up 158.41 points, or 0.58%, at 27,591.89, the S&P 500 was up 7.76 points, or 0.23%, at 3,359.04. The Nasdaq Composite was up 18.78 points, or 0.17%, at 11,029.76.

Seven of the 11 major S&P sectors traded higher, with energy leading gains. Healthcare, real estate and utilities underperformed.

Among individual movers, Eastman Kodak Co plunged 37.5% after its $765-million loan agreement with the U.S. government to produce pharmaceutical ingredients was put on hold due to "recent allegations of wrongdoing." Trading in its shares was halted briefly due to volatility.

The No. 1 U.S. mall owner Simon Property Group rose 4% after a report that it has been in talks with Amazon.com Inc about turning some of its department-store sites into Amazon fulfillment centers.

Berkshire Hathaway Inc shares edged higher as its second-quarter net income surged 87%.

Advancing issues outnumbered decliners by a 2.91-to-1 ratio on the NYSE and by a 1.74-to-1 ratio on the Nasdaq.

The S&P index recorded 18 new 52-week highs and no new low, while the Nasdaq recorded 51 new highs and two new lows. (Reporting by Ambar Warrick and Medha Singh in Bengaluru; editing by Uttaresh.V)


Stocks mentioned in the article
ChangeLast1st jan.
AMAZON.COM, INC. -5.45% 3036.15 Delayed Quote.64.31%
BERKSHIRE HATHAWAY INC. -0.17% 302500.01 Delayed Quote.-10.92%
CHUBB LIMITED -2.14% 129.91 Delayed Quote.-16.54%
DJ INDUSTRIAL -0.59% 26501.6 Delayed Quote.-7.14%
EASTMAN CHEMICAL COMPANY -1.28% 80.84 Delayed Quote.3.32%
EASTMAN KODAK COMPANY -6.61% 6.92 Delayed Quote.48.82%
NASDAQ 100 -2.62% 11052.94579 Delayed Quote.32.82%
NASDAQ COMP. -2.45% 10911.59093 Delayed Quote.27.40%
S&P 500 -1.21% 3269.96 Delayed Quote.1.21%
SIMON PROPERTY GROUP, INC -0.95% 62.81 Delayed Quote.-57.83%
share with twitter share with LinkedIn share with facebook
All news about AMAZON.COM, INC.
12:35aWALL STREET WEEK AHEAD : Big tech stocks may face post-election headwinds, no ma..
RE
10/30Tech slide, pandemic surge slam Wall Street, biggest weekly loss since March
RE
10/30Stocks, oil tumble for the week on virus, U.S. election angst
RE
10/30Stocks, oil fall further on virus, U.S. election angst
RE
10/30AMAZON COM : Announces First Fulfillment Center in North Dakota
BU
10/30GLOBAL MARKETS LIVE : Alphabet, Amazon, Starbucks…
10/30Wall St slumps as tech stocks slide, COVID cases jump
RE
10/30AMAZON COM : expects $4B in COVID-19-related costs for rest of 2020
AQ
10/30AMAZON COM INC : Gets a Buy rating from JP Morgan
MD
10/30AMAZON COM INC : RBC remains its Buy rating
MD
More news
Financials (USD)
Sales 2020 378 B - -
Net income 2020 17 453 M - -
Net cash 2020 44 447 M - -
P/E ratio 2020 90,8x
Yield 2020 -
Capitalization 1 524 B 1 524 B -
EV / Sales 2020 3,91x
EV / Sales 2021 3,25x
Nbr of Employees 798 000
Free-Float 81,3%
Chart AMAZON.COM, INC.
Duration : Period :
Amazon.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 53
Average target price 3 774,80 $
Last Close Price 3 036,15 $
Spread / Highest target 48,2%
Spread / Average Target 24,3%
Spread / Lowest Target 10,7%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Dave Clark Senior Vice President-Worldwide Operations
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMAZON.COM, INC.64.31%1 524 147
JD.COM, INC.131.39%129 584
WAYFAIR INC.174.46%24 397
ETSY, INC.174.47%15 801
MONOTARO CO., LTD.98.43%13 483
ZOZO, INC.27.02%8 071