Today's ASX news
US stock markets mixed, Russia hikes interest rates
The US stock market direction remains dominated by the events in Ukraine, with little in the way of company-specific news.
March 1, 2022
Amazon.com Inc. (NASDAQ:AMZN)
What does Amazon.com Inc. (NASDAQ:AMZN) do?
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).
Amazon.com Inc. (NASDAQ:AMZN) price chart
Amazon.com Inc. (NASDAQ:AMZN) stock price analysis
Today's ASX news
US stock market report – Big Tech & gold gains
US stock markets surged on Friday with the Nasdaq gaining 1.6%, the Dow Jones up 2.5% and the S&P 500 adding 2.2%.
February 28, 2022
Today's ASX news
US stock markets rally despite armed threat, Nasdaq surges 3%
In a somewhat unexpected shift, the major US stock markets all finished higher on Thursday despite Russia’s attack on Ukraine.
February 25, 2022
ASX Growth Shares
Wesfarmers (ASX:WES) share price on watch after profit and dividend cut
The Wesfarmers Ltd (ASX: WES) share price will be on watch today after announcing a 14% fall in profit for the first half of FY22.
February 17, 2022
Today's ASX news
US stock market report – Peloton shares soar on takeover rumours
All three US stock markets fell on Monday as Peloton (NASDAQ:PTON) shares surged on takeover rumours, with Amazon potentially circling.
February 8, 2022
ASX Growth Shares
Cettire (ASX:CTT) share price jumps on JD.Com partnership
The Cettire Ltd (ASX: CTT) share price has jumped 13% this morning after announcing its expansion into China via a partnership with JD.Com.
February 7, 2022
Today's ASX news
US stock markets rally on Amazon’s massive day
US stock markets finished the week on a positive note as Amazon (NASDAQ:AMZN) and Snap (NYSE:SNAP) shares were in the news.
February 7, 2022
ASX Growth Shares
FANG stocks: Now a value play?
Meta Platforms (NASDAQ:FB) stock price crunched. Amazon (NASDAQ:AMZN) takes flight. Is this end of FANG stocks? Or…Are FANG stocks cheap?
February 5, 2022
Australian Investors Podcast
Interview: John Garrett, MA Financial Group – Mental Models
John Garrett is a Portfolio Manager at MA Financial Group Ltd (ASX: MAF) (formerly Moelis Australia) and shares investing wisdom on his website, mastersinvest.com. He joins Raymond Jang on The Australian Investors Podcast to share his investing knowledge and lessons with our investing community.
January 19, 2022
