Amazon.com, Inc. AMZN shares are trading lower by 2.09% to $118.44 during Thursday's trading session in anticipation of the company's second-quarter earnings report.
According to analyst consensus estimates, Amazon is expected to report revenue of $119.12 billion on EPS of $0.14.
What Else?
Wednesday saw the Federal Reserve raise its target fed funds rate by 0.75% on Wednesday to a new range of between 2.25% and 2.5%, its second 0.75% rate hike in two months.
The Fed said it will continue with its previously announced plan to let Treasury securities and agency debt and agency mortgage-backed securities roll off its balance sheet on a monthly basis... Read More
See Also: Ford Stock Is Rising: Here's Why
According to data from Benzinga Pro, Amazon has a 52-week high of $188.11 and a 52-week low of $101.26.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.