Amazon is an American tech company that provides e-commerce, cloud computing, streaming, and AI services. Learn the latest information and analysis on the company, AMZN stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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The online bookshop-turned-worldwide-marketplace company also basically owns a third of the Internet through its Web Services (AWS), Amazon isn’t going anywhere anytime soon. Their business model is very solid and the company became one of those corporations that benefited from the pandemic. AWS has been a stable cash cow for the company that has been outperforming its other businesses. A possible demerger of AWS services from Amazon might prove to be beneficial to shareholders.
The Amazon stock price fell even more than other tech stocks in 2022, almost 40% from the beginning of the year as of 20 May. This may be a great opportunity to invest in this successful business that is outperforming its competitors in many markets.
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