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-0.000614908543484904 0.000453494435862405 0.000140210364743663 -0.000693672330837465 0.00311906565780796 0.00496885854004108 0.00496885854004108 0.00496885854004108
Stock impact report

The pandemic is playing to almost every one of Amazon's strengths [CNN]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNN
The pandemic is playing to almost every one of Amazon's strengths But e-commerce isn't the only sector where Amazon is booming. Analysts say its cloud business, Amazon Web Services, faces higher demand as people turn to some of its biggest clients -- from Zoom ( ZM ) to Netflix ( NFLX ) -- for work and play. Amazon sells access to audiobooks and original television programs that are helping to entertain reluctant shut-ins. And with more people staying home, that's more time they have to engage with Amazon's AI-powered smart speakers . The breadth of Amazon's sprawling business interests, and its increasingly central place in America's fragile supply chain, underscores the company's hold on consumers — and its potential to solidify its dominance in the coming months. The longer this crisis goes on, the more formidable Amazon will become, according to James Bailey, a management professor at George Washington University's business school. "Every crisis creates a void," said Bailey Show less Read more
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