MARKET COMPOSITE
AMZN - Amazon.com Inc.8:00:00 PM 4/26/2024
Price
$179.62
+ 5.95 (3.43%)
Amazon.com, Inc. , is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as "one of the most influential economic and cultural forces in the world", as well as the world's most valuable brand. Amazon was founded by Jeff Bezos in Bellevue, Washington, on July 5, 1994. The company started as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for US$13.4 billion, which substantially increased its footprint as a physical retailer. In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.
Financials
Quarterly financials
(USD)Dec 2022Q/Q
Revenue149.2B+17%
Gross Profit63.6B-
Cost Of Revenue85.6B+22%
Operating Income2.7B+8%
Operating Expenses60.8B-
Net Income278MM-90%
G&A3.3B+9%
Marketing12.8B+16%
Interest Expense694MM+12%
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