From Barchart: 2025-06-01 09:00:00

Amazon is set to unveil new hardware products which could boost its hardware sales. Despite this, the core drivers of Amazon’s business continue to be its cloud services and advertising revenue. The new products are expected to generate excitement and potentially increase Amazon’s market share in the hardware industry. This move is part of Amazon’s strategy to diversify its revenue streams and maintain its position as a leader in the tech industry. Investors are keeping a close eye on these developments as they could impact Amazon’s stock performance in the coming months.



Read more at Barchart: Amazon Wants to Create ‘Breakthrough’ Products. Should You Buy AMZN Stock Here?