Amazon plans to roll out smart shopping carts by the end of the year, an innovation that is on track to stir growth. Meanwhile, AMZN stock hit a new high but closed with a 3% loss yesterday.
Amazon’s performance in today’s pre-market further solidifies its bid to surmount other companies as the world’s most valuable brand.
Amazon.com (AMZN) stock closed yesterday at $3,182.63, which was a rise of 3.29%. According to experts, the shares could hit $3,500 by the next earnings season.
AWC revealed the launch of Amazon Honeycode builder. But this news did not help Amazon stock to make big gains on Wednesday. AMZN closed 1.09% down, $2734.40 per share, and is down in the pre-market.
Amazon (AMZN) stock closed yesterday with $33.46 on top to trade at $2351.26. Does Jeff Bezos want to turn Amazon into a delivery machine that competes with FedEx and UPS?
FAANG stocks last year, shed about $179 billion of its weight from January to December 2018. 2019 has been a very active year, both economically and politically as well, how have the world’s biggest tech stocks performed?
Just recently, Amazon held an event where the e-commerce giant announced 80 new products. With their massive event, Amazon is trying to even out the hardware market which is controlled by Apple, Microsoft, and Google.
Amazon is reportedly looking to allow hundreds of other retailers, use its autonomous Go shopping technology. The company is currently in talks with a few retailers and hopes to begin installation by early next year.
Amazon’s hardware event came with a few surprises this year but with a lot more innovations including a device that can link other devices to enhance the Internet of Things (IoT) in the immediate environment.
Amazon is introducing new earbuds and a new version of its echo speakers. This will place the Alexa voice assistant in a position to do more things than she has ever done before.