Tag: Amazon.com

Alphabet and Amazon.com Approach Mega Milestones

Amazon.com and Google’s parent Alphabet were both nearing the $2 trillion market cap mark on Thursday. Amazon was up 1.8% to $189.31, bringing its market cap to $1.97 trillion. Alphabet was up 1.9% to $159.10, which would be a record close and bring the firm’s market cap to $1.99 trillion. The only U.S. firms to […]

Why Amazon.com Stock Just Dropped

Shares of Amazon.com (NASDAQ: AMZN) tumbled 3% out of the gate Thursday, before clawing back half their losses later in the morning. As of 10:30 a.m. ET, Amazon stock remains down 1.5%. You can blame TikTok for that. TikTok could threaten Amazon’s e-commerce business TikTok parent company ByteDance Ltd., you see, is starting to horn […]