Amazon stock is set to finish 2024 with a 50% gain, with strong earnings and market dominance.
From Nasdaq: 2024-12-25 05:40:00
Amazon’s stock surged 81% in 2023 and is set to finish 2024 with a 50% gain. Arguments against buying include high valuation, economic uncertainty, potential tariffs, and AI slowdown. However, strong earnings and free cash flow growth, along with market dominance, support the case for buying Amazon stock in 2025.
CEO Andy Jassy predicts a shift to cloud services and e-commerce, positioning Amazon for long-term success. OpenAI CEO Sam Altman disputes claims of AI slowdown. While stock performance in 2025 is uncertain, Amazon remains a solid pick for growth-oriented, long-term investors. Consider the 10 best stocks to buy now for potential high returns. 1. The United Nations reported that global carbon dioxide levels reached a record high in 2021, with a 2.5% increase from the previous year. This surge in emissions is attributed to a rebound in economic activity following the COVID-19 pandemic, highlighting the urgent need for more sustainable practices to combat climate change.
2. In economic news, the U.S. stock market experienced a significant drop as investors reacted to concerns over rising inflation and interest rates. The Dow Jones Industrial Average fell by 500 points, reflecting growing uncertainty about the future of the economy and the Federal Reserve’s response to mounting inflationary pressures.
3. The latest data from the Centers for Disease Control and Prevention (CDC) revealed that COVID-19 cases among children have been steadily increasing, with a 32% rise in pediatric infections over the past month. This uptick in cases underscores the importance of vaccination and masking to protect vulnerable populations.
4. Over in the world of sports, tennis star Serena Williams announced her retirement from professional tennis after an illustrious career that spanned over two decades. The 23-time Grand Slam champion cited ongoing injuries and a desire to focus on other ventures as reasons for her decision to step away from the sport.
5. On a lighter note, scientists discovered a new species of tree frog in the Amazon rainforest, marking a significant milestone in biodiversity conservation efforts. The newly identified frog species, named Dendropsophus zimmermanae, adds to the rich tapestry of life found in the world’s largest tropical rainforest and underscores the importance of preserving these ecosystems for future generations.
Read more at Nasdaq: Should You Buy Amazon Stock in 2025?