|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's range||143.13 - 148.57|
|52-week range||81.43 - 149.26|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||75.71|
|Earnings date||31 Jan 2024 - 05 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||173.56|
The performance of Amazon Web Services will be key to the tech giant's growth in 2024.
Hollywood studios and streaming platforms are entering comeback mode from the Hollywood strikes that halted major productions and slowed down fresh content output. Brightcove (BCOV) CEO Marc DeBevoise sits down in-studio with Yahoo Finance Live to highlight how streaming bundling strategies and ad-tier subscription prices may bring business back to streaming services like Netflix (NFLX), Amazon (AMZN), Warner Bros. Discovery (WBD), Disney+ (DIS), and Paramount (PARA). "The free ad-supported streaming television revolution... has really ramped up the opportunity for advertising on these services. You'll see each subscription service also have an ad-supported with lower priced tier over time," DeBevoise says, adding: "The winner there is streaming overall." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Growth stocks such as Amazon, Alphabet, and Tesla have led the gains -- no surprise, since growth stocks often shine during rising markets. Others do the exact opposite, convinced the party is over and the stock price has no place to go but down. In some cases, a rising stock -- such as Amazon today -- offers strength in each of those areas, so it represents a buy in spite of a recent gain.