Wall Street drops on oil price crash, earnings anxiety [Reuters]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Reuters
Wall Street drops on oil price crash, earnings anxiety (Reuters) - U.S. stocks headed lower on Monday following a strong two-week rally as oil prices crashed, while investors turned cautious over what is expected to be a disappointing week for earnings and economic data. Energy stocks .SPNY shed 1.9% and were on track for their sixth slide in seven sessions as the front-month May U.S. West Texas Intermediate (WTI) contract CLc1 plunged more than 50% to its lowest price on record on storage concerns. [O/R] Although energy stocks have far smaller weightage on U.S. equity indexes when compared with technology or financial shares, the sheer drop in oil prices underscores the decline in global growth as demand dries up, analysts said. “This could be a concern for investors who were expecting a V-shaped recovery on the economic front,” said Dan Russo, chief market strategist at Chaikin Analytics. “Oil prices tend to be a gauge for the health of the global economy. It’s difficult to be bulli
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website