The Latest Breaking News from Amazon.com Inc.

The year kicked off with a test for Magnificent Seven stocks like MSFT, AMZN and NVDA. See three ways to monitor the results.

Amazon stock has risen to a peak price of $151.94 at year-end. But AMZN is still worth $185 based on its powerful free cash flow. Shareholders can short OTM puts to gain extra income.

Here is the best stock according to analyst's as we head into 2024.

Shorting out-of-the-money (OTM) Amazon put options makes sense here as an income play in near-term expiry periods. That especially benefits AMZN stock shareholders as there is no dividend.

Crystal ball or rearview mirror? Which will best handle Magnificent Seven stocks like Nvidia, Tesla, Microsoft and Amazon in 2024?

Futures rose with the Nasdaq at 2023 highs amid hopes that the Fed will shift toward rate cuts. Two Tesla Model 3 variants will lose all their $7,500 tax credit.

While Apple is currently the biggest publicly traded company, with a market cap of $3 trillion, Microsoft is also in the race to become the first $5 trillion company.

As the Magnificent Seven stocks wade through some resistance, Amazon stock tests a buy zone, collaborating on AI with BYD and more.

Amazon.com (AMZN) witnessed solid sales in the run-up to Cyber Monday. Moreover, as consumer spending remains resilient despite inflation, AMZN is expected to deliver strong sales in the holiday season. While AMZN has gained significantly in price this year, let’s analyze whether the shares have more room to run.