Today’s Change
(1.25%) $3.30
Current Price
$268.36
Key Data Points
Market Cap
$2.9T
Day’s Range
$262.74 – $273.31
52wk Range
$183.85 – $273.88
Volume
2.5M
Avg Vol
53M
Gross Margin
50.60%
Amazon (AMZN +1.25%), a leader in both e-commerce and cloud computing, closed Thursday at $265.06, up 0.77%. The stock moved as investors weighed a strong Q1 earnings beat and rapid AWS AI growth against heavier AI capital spending and cautious operating income guidance. How future AI capex translates into sustainable cloud and retail profit growth may dictate the stock’s next move.
Trading volume reached 96.4 million shares, about 83% above its three-month average of 52.8 million shares. Amazon IPO’d in 1997 and has grown 270,599% since going public.
How the markets moved today
The S&P 500 (^GSPC +0.29%) advanced 1.02% to finish Thursday at 7,209, while the Nasdaq Composite (^IXIC +0.89%) added 0.89% to close at 24,892. Within internet retail, industry peers MercadoLibre (MELI +3.06%) closed at $1,792.63, up 1.45%,…
