The new Amazon CEO could choose to invest more in AWS and grocery delivery, and could also break with Jeff Bezos' historical aversion to stock buybacks.
Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.
I have rarely if ever seen a large company crush earnings expectations so decisively.
The charts still look risky.
The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?
The big doubt in the back of my head is that Jeff Bezos wants to take his eye off of the (this) ball to do other things.
I don't expect a break up to be announced anytime soon. If that were to happen, I'll add at least $300 to my target price. No joke.
We have more certainty of when a package will arrive.
I think AMZN could provide a good very short-term trade from the long side... this week.
Amazon is above the crown in e-commerce, but might other stocks see larger benefits from smaller online sales bases?