Amazon's Q1 sales jump 43% to $51bn

Jeff Bezos Just Got $12 Billion Richer Overnight

Jeff Bezos Just Got $12 Billion Richer Overnight

Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 27, 2017 and is uptrending. Finally, Certified Advisory Corp bought a new stake in shares of Amazon.com in the 4th quarter valued at about $610,000. (NASDAQ:AMZN). Moreover, Jones Collombin Counsel Inc has 1.2% invested in Amazon.com, Inc. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. Vestor Capital LLC lifted its position in shares of Amazon.com by 10.1% in the 2nd quarter.

AMZN traded up $54.66 during midday trading on Friday, hitting $1,572.62. The stock has a market cap of $736,164.69, a price-to-earnings ratio of 345.63, a PEG ratio of 6.55 and a beta of 1.59. Amazon.com has $2020 highest and $1220.0 lowest target.

The change was revealed on the quarterly results call held on Thursday. The e-commerce giant reported $3.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.80 by $1.47. Amazon.com had a net margin of 2.04% and a return on equity of 12.50%. The company's revenue was up 42.9% on a year-over-year basis. equities research analysts anticipate that Amazon.com will post 8.65 EPS for the current fiscal year.

Wenger Reveals Likely Successor At Arsenal
On the Spaniard, Wenger said: "I don't want to influence the next manager, but of course I have a high opinion of Luis Enrique ". "The timing was not really my decision", said the Arsenal boss , who added that he did not envisage retiring from the game.

In related news, VP Shelley Reynolds sold 544 shares of the firm's stock in a transaction dated Thursday, February 15th. Jassy Andrew R sold $2.90 million worth of stock or 1,985 shares. 1,985 shares valued at $2.90M were sold by Jassy Andrew R on Thursday, February 15. Martin Sorrell, the founder of the world's largest advertising company WPP, who stepped down in mid-April, last month saw Amazon in "head-to-head" competition with Google and Facebook.

A number of brokerages have weighed in on AMZN. In a note to clients Friday, Doug Anmuth of J.P. Morgan said, "We do not expect the company to get much push-back from consumers given the increasing value of the service".

AMZN stock was up about 4.2% on the news Friday. Oppenheimer upped their price target on shares of Amazon.com from $1,650.00 to $1,850.00 and gave the company an "outperform" rating in a report on Friday. At that time, Amazon had increased the price of the yearly subscription to the current $99 from $79. BidaskClub downgraded shares of Amazon.com from a strong-buy rating to a buy rating in a research report on Friday, March 30th.

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