Previous close | 0.3200 |
Open | 0.0700 |
Bid | 0.0500 |
Ask | 0.0700 |
Strike | 164.00 |
Expiry date | 2023-03-17 |
Day's range | 0.0700 - 0.0700 |
Contract range | N/A |
Volume | |
Open interest | 3.16k |
Plenty of bargains are still out there -- even among stocks on the rise. Amazon (NASDAQ: AMZN) offered investors hope last month when it soared more than 20%. Amazon reported its first annual loss in almost a decade.
Amazon's (NASDAQ: AMZN) cloud-computing business is a monster. Amazon Web Services (AWS) scoops up around one-third of global spending on infrastructure-as-a-service and platform-as-a-service, and it's become a mission critical provider to many of its customers. Free from managing their own servers, AWS customers can scale their infrastructure quickly and painlessly.
Amazon's net sales grew by 9% year over year to $149.2 billion in the fourth quarter. AWS's revenue rose 20% to $21.4 billion. "Starting back in the middle of the third quarter of 2022, we saw our year-over-year growth rates slow as enterprises of all sizes evaluated ways to optimize their cloud spending in response to the tough macroeconomic conditions," Chief Financial Officer Brian Olsavsky said during a conference call with analysts.