AMZN Stock: Bearish Signals Continue to Mount
In September, Amazon.com, Inc. (NASDAQ:AMZN) reached a coveted milestone by becoming only the second company to ever reach a $1.0-trillion valuation. It was not a coincidence that the markets followed suit by forging new highs of their own; AMZN stock is a juggernaut and when it makes headway, it pulls up the entire market with it.
That is why Amazon stock has been dubbed one of the infamous "FANG" stocks: Facebook, Inc. (NASDAQ:FB), Amazon, Netflix, Inc. (NASDAQ:NFLX), and Google-parent.
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In September, Amazon.com, Inc. (NASDAQ:AMZN) reached a coveted milestone by becoming only the second company to ever reach a $1.0-trillion valuation. It was not a coincidence that the markets followed suit by forging new highs of their own; AMZN stock is a juggernaut and when it makes headway, it pulls up the entire market with it.
That is why Amazon stock has been dubbed one of the infamous "FANG" stocks: Facebook, Inc. (NASDAQ:FB), Amazon, Netflix, Inc. (NASDAQ:NFLX), and Google-parent.
Den vollständigen Artikel lesen ...