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Consumer Discretionary : Broadline Retail | Large Cap Growth
Company profile, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, and Ring, and it develops and produces media content. It also offers subscription services such as Amazon Prime, a membership program. Its segments include North America, International and Amazon Web Services (AWS). The AWS segment consists of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. It provides advertising services to sellers, vendors, publishers, authors, and others, through programs, such as sponsored advertisements, display, and video advertising. Customers access its offerings through websites, mobile applications, Alexa, devices, streaming, and physically visiting its stores.

Day's Change
-4.16 (-3.08%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 28,350,620 shares is on pace to be much greater than AMZN's 10-day average volume of 57,308,520 shares.

28,350,620 stock heads for best month yet ahead of earnings

11:41 am ET May 30, 2023 (MarketWatch)

Shares of Inc. (AI) were rallying for the fourth straight session Tuesday and on track to post their largest monthly percentage gain on record, according to Dow Jones Market Data. The stock is up 16.4% in Tuesday's session and ahead 115.1% so far in May amid sharp momentum for names leveraged to the artificial-intelligence trend. The shares, up 41.1% over the current four-session streak, were on pace to log their best four-day session since one that ended Feb. 3 and resulted in gains of 58.8%. The company, which makes enterprise AI software, is due to post fiscal fourth-quarter results after Wednesday's closing bell. The company already signaled that it expects to beat its initial revenue target, and its outlook will be closely watched for signs of how the AI boom is manifesting into business for The company announced Tuesday that its C3 Generative AI product suite was available on Inc.'s (AMZN) AWS Marketplace.

-Emily Bary

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

May 30, 2023 11:41 ET (15:41 GMT)

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