Amazon.com, Inc. Stock Performance
Amazon.com, Inc.’s stock closed at $209.69 USD on June 20, 2025, with a -1.33% change. The company’s market presence remains significant in the tech industry.
Recent Business Developments
- Amazon has told some US employees to relocate to other cities.
- The company, along with SK Group, plans to invest $5.11 billion in a South Korean AI data center.
- Amazon Web Services is set to be Experian’s preferred cloud platform.
- The UK grocery watchdog is investigating Amazon over alleged supplier payment delays.
- Amazon is investing $233 million in India to expand operations infrastructure and improve technology.
Financial Updates
- Oppenheimer has adjusted its price target on Amazon.com to $250 from $215.
- Analysts’ consensus shows a mean consensus of ‘BUY’ with an average target price of $240.60 USD, representing a +14.74% spread from the last close price.
Additional News
Tesla has entered the robotaxi service market, potentially competing with Amazon-backed Zoox, which has opened a robotaxi plant. The tech sector continues to see significant movements, with various companies facing challenges and opportunities in the evolving landscape.
Amazon’s financial performance and business strategies continue to be under scrutiny as the company navigates the complex tech environment.
