Amazon: ‘We still like the stock,’ analyst says following layoffs – Yahoo Finance

Amazon still has a lot to like (AMZNNick Jones, an equity research analyst at JMP Securities, recently told Yahoo Finance Live (video above). Amazon’s 2022 looks rough, with the company’s stock down over 40% over the course of the year.The company is battling high inflation, rising interest rates and a sluggish advertising market, and has […]
Dow Jones Futures: Stock Market Rallies Into CPI Inflation Report; Amazon Leads Megacaps | Investor's Business Daily – Investor's Business Daily

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. X Stock market gains on Wednesday extended recent gains ahead of Thursday’s CPI inflation report. Investors are betting on lower inflation, raising hopes for reports critical of the Fed. Amazon.co.jp (AMZN) and Tesla shares led a megacap gain on […]