What’s Going On With Amazon Shares

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading higher by 3.16% to $107.09 Friday morning in possible anticipation towards the company's first-quarter earnings report next week.

Amazon.com, Inc. (NASDAQ:AMZN) shares are trading higher by 3.16% to $107.09 Friday morning in possible anticipation towards the company’s first-quarter earnings report next week.

According to analyst consensus estimates, Amazon is expected to report revenue of $124.48 billion on EPS of 22 cents.

See Also: Amazon’s Whole Foods Prepares For Organizational Revamp, To Let Go Of Fraction Of Employees

What Else Is Going On With Amazon?

Amazon CEO Andy Jassy last week addressed the company’s short-term headwinds, continued investment in growth areas, cost control measures and generative AI in his annual shareholder letter Thursday. Here’s a breakdown of what the CEO had to say.

According to data from Benzinga Pro, AMZN has a 52-week high of $156.74 and a 52-week low of $81.43.

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