
The secrets behind the Amazon.com, Inc. (NASDAQ:AMZN) stock price
The Amazon.com, Inc. (NASDAQ: AMZN) stock price is up 153,000% since 1997. Magellan analyst Jack McManus shares why Amazon has grown so fast.
Amazon.com Inc. (NASDAQ: AMZN) is the everything e-commerce behemoth and one of the world’s largest companies by market capitalisation. It generates sales from its namesake e-commerce platform, its AWS web server business and countless other complementary services, such as Amazon Prime. The company started from humble beginnings in the late ’90s by Founder Jeff Bezos selling books online. In 1997, Amazon served 1.5 million customers. Today, Amazon serves hundreds of millions of customers through its global e-commerce stores, millions via its AWS cloud server business and touches many more with its technology (e.g. Prime Video, Echo, Kindle).
The Amazon.com, Inc. (NASDAQ: AMZN) stock price is up 153,000% since 1997. Magellan analyst Jack McManus shares why Amazon has grown so fast.
Is JB Hi-Fi Limited (ASX: JBH) the ASX’s best business model? Drew thinks so. Or is Pinnacle Investment Management Ltd (ASX: PNI) a much better business?
S&P/ASX 200 (ASX:XJO) managed a 0.2% gain on Friday, overcoming weakness in healthcare. Karoon Energy Ltd (ASX:KAR) share price rose 4.2%.
The S&P/ASX 200 (INDEXASX: XJO) could open modestly positive on Monday, with Sydney SPI 200 futures pointing to a slightly positive open. Here’s what you missed from inside the ASX 200 last week.
On The Australian Investors Podcast this week, Owen Rask and Drew Meredith reflect on results from companies like BHP Group (ASX: BHP), Tesla Inc (NASDAQ: TSLA) and how the NASDAQ 100 (NDQ) has performed.
On The Australian Investors Podcast this week, investment analyst Owen Rask and financial adviser Drew Meredith, CFP, are back to answer your questions, discuss the economy and reflect on results from companies like RPMGlobal Holdings Ltd (ASX: RUL) and Kathmandu Holdings Ltd (ASX: KMD)
Elisa Di Marco is the Portfolio Manager of Magellan’s Core International Fund. Elisa Di Marco join Owen Rask on The Australian Investors Podcast to talk Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA).
Results are in for the 22 ASX shares we picked for our 2022 watchlist. Get our 2022 ASX shares review.
The Australian share market finished slightly lower on Monday, down 0.2 per cent. Today, the Commonwealth Bank of Australia (ASX: CBA) share price is in focus, given the CBA trading update out today.
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