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
€274.70
-0.090%
Our community is currently high on Alphabet Inc. C with 61 Buy predictions and 5 Sell predictions.
With a target price of 299 € there is a slightly positive potential of 8.85% for Alphabet Inc. C compared to the current price of 274.7 €.
