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Stock impact report

Amazon (AMZN) Receives Bullish Praise From a Wall Street Pro [Yahoo! Finance News]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
COVID-19’s disruption won’t impact Amazon’s AMZNIvan FeinsethIt is hard to argue. If any company has proven its resilience in the face of the global pandemic, it is the e-commerce giant. Amazon shares are up by 17% year-to-date, compared to the S&P's 15% drop.Amazon’s product portfolio is so wide and all-encompassing that according to Feinseth, its business performance will only accelerate over the near and long term.Where to start? Never mind the fact COVID-19 has driven consumers to further rely on Amazon’s delivery services, the list of growth drivers makes for an increasingly long read.Take, for example, Amazon’s voice service Alexa. Amazon has over 70% market share in the voice home control technology market with “hundreds of millions of Alexa enabled devices that customers interact with billions of times a day.” Alexa’s features are constantly upgraded with new capabilities added on a regular basis.Or AWS Amazon Web Services). As Feinseth notes, “with $35 billion in revenue over Show less Read more
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