Why is Amazon up 4.69% today? (6th July 2021, 1:13 pm PST)

Jul 6, 2021 14 Comments

Just because Andy took over? Or because Msft lost the JEDI contract? How much more is this company’s stock going to rise? It’s touching 3700 damn!!!

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TOP 14 Comments
  • Amazon
    hoolichat

    Go to company page Amazon

    hoolichat
    Market reacting positively to the new LPs
    Jul 6, 2021 6
  • Amazon
    m2c

    Go to company page Amazon

    m2c
    A bunch of reasons; largely due to investors rotating back into large cap stocks on inflation fears and general economic downturn fears. That coupled with the fact that AMZN has been trading sideways for a year in a very bullish market now puts it at a very attractive valuation when compared to the broader market
    Jul 6, 2021 3
    • Amazon
      m2c

      Go to company page Amazon

      m2c
      Over the past month MSFT is up 11% and AMZN up 14%; over the past year MSFT beats AMZN by a little bit. I’d say they are moving together even if it isn’t clear in any specific market day trading
      Jul 6, 2021
    • Amazon
      bbvyj

      Go to company page Amazon

      bbvyj
      You need to look at the charts again amzn was at 3500 about a year ago and now it's just around 3650 and msft was around 215 and it's up to 280 now amzn has clearly been sideways for past year
      Jul 6, 2021
  • Amazon
    rfdzz77

    Go to company page Amazon

    rfdzz77
    both
    Jul 6, 2021 0
  • Google
    booglgoog

    Go to company page Google

    booglgoog
    Both
    Jul 6, 2021 0
  • New
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    New

    \___
    JEDI will likely be a 50/50 split between aws and Azure so .. that makes sense
    Jul 6, 2021 0