Why Amazon Stock Was Moving Higher Today
Shares of Amazon (NASDAQ: AMZN) were among the winners as strong cloud infrastructure results from Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) seemed to lead investors to believe that Amazon will report similar strength in its cloud unit when it reports first-quarter earnings next Tuesday.
Both of its Magnificent Seven peers also reported strong overall results, sending tech stocks up broadly today, and stoking enthusiasm for Amazon's update next week.
As a result, Amazon stock was up 3.4% at the close on Friday.
Source Fool.com
Alphabet Inc. C Stock
€154.30
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With 37 Buy predictions and 4 Sell predictions Alphabet Inc. C is one of the favorites of our community.
As a result the target price of 194 € shows a positive potential of 25.73% compared to the current price of 154.3 € for Alphabet Inc. C.
