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Jim Cramer Says “Maybe There's a Recognition That Amazon Web Services Is Not Going to Be Wiped Out by Anthropic” [Yahoo! Finance]
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Amazon.com, Inc. (NASDAQ: AMZN ) is one of the stocks Jim Cramer discussed . Cramer discussed the stock's decline post-earnings and its recent rally, as he said: Then we saw strength in two other tech stocks that… many people had given up on. I was not tiring of them, but I was, they got me down: Amazon and NVIDIA. Ever since Amazon reported last quarter, and its stock fell from 242 down to 198 over a two-week period, the stock couldn't find its footing. But not today. Amazon finally managed to actually break out of its negative range and burst higher, rallying $8 or almost 4%. Maybe there's a recognition that Amazon Web Services is not going to be wiped out by Anthropic. Photo by Sunrise King on Unsplash Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers program
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