Amazon makes history by smashing all-time records

Published

3 years ago

June 23, 2021

Amazon’s future looks promising as the company comes closer to unprecedented highs.

Amazon shares have risen to record highs after blowout results. The stock prices jumped Tuesday and were recently trading at over $3,500. This is about 0.5 per cent away from a fresh high.

It would be the E-commerce giant’s first record close since September 2.

Amazon shares have lagged the S&P 500 in recent months, but big sales events helped push shares of major retailers higher.

1/x Amazon looks very compelling as the stock approaches all time high after one year of consolidation. The history of the Amazon stock shows that the returns often have been generated during shorter explosive periods (as for many others stocks). $AMZN pic.twitter.com/hSvLe0XSRP
— Matematikern (@Matematikern3) June 18, 2021

Amazon Prime Day helps to push stock prices over the line

Amazon has just wrapped up its annual Prime Day event, and now Target is also slashing prices in separate summer sales events.

Amazon Prime Day is the yearly event the company uses to get us all signed up to Amazon Prime accounts, promising faster shipping and even a video catalogue.

This comes after Amazon faced a massive global shipping crisis during Amazon Prime day.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.