What’s Going On With Amazon.Com Stock Tuesday?

Amazon.Com, Inc (NASDAQ: AMZN) stock is up Tuesday, as its 'Buy with Prime' kicks off the holiday season by offering new shopping benefits 

Amazon.Com, Inc (NASDAQ:AMZN) stock is up Tuesday, as its ‘Buy with Prime’ kicks off the holiday season by offering new shopping benefits 

for Prime members.

This program allows Prime members to shop directly from various brands’ online stores, offering fast, free delivery, a seamless checkout experience, and free returns on eligible orders. 

Also Read: Time To Repalce Android? Amazon Gears Up For Its Own Operating System

Brands like Wyze, KNOW Beauty, and ALT. Fragrances are already participating. 

Additionally, Prime members can enjoy the same fast, free delivery options, including Prime FREE One-Day and Two-Day delivery, as they shop for the holidays.

Amazon Business also released its 2024 State of Procurement Report, which shows that most procurement teams anticipate increased budgets for 2024. 

The report emphasizes the growing focus of these teams on investing in new tools and technologies to enhance optimization and adopt a more strategic approach to business purchasing. 

It sheds light on business-to-business (B2B) trends and offers global insights into the procurement sector, covering needs, priorities, and challenges across various industries. 

The report gathers perspectives from government, financial services, hospitality, healthcare, manufacturing, and technology sectors. 

It includes contributions from buyers in France, Germany, Italy, Japan, Spain, the U.K., and the U.S.

Price Action: AMZN shares traded higher by 2.33% at $145.91 on the last check Tuesday.

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Prgoress Sees FY23 Non-GAAP Revenue $675M-$685M Vs $630.23M Est; FY23 Non-GAAP EPS $4.09-$4.17 Vs $4.35 Est; Sees Q1 2023 Non-GAAP Revenue $157M-$161M Vs $151.71M; Q1 2023 Non-GAAP EPS $1.04-$1.08 Vs $1.05 Est

2023 Business Outlook Progress provides the following guidance for the fiscal year ending November 30, 2023 and the fiscal first quarter ending February 28, 2023, together with actual results for the same periods in the fiscal year ending November 30, 2022:

PRGS