6 days ago

Q2 Earnings Lift Amazon (AMZN) Stock Toward Breakout Zone

TLDR Amazon stock rose 3.75% to about $235 after the Q2 earnings report. The share price moved closer to the key $239.59 resistance level. AMZN remained above its main short-term and long-term moving averages. AWS growth, AI spending, profit margins, and guidance remained key market focuses. Technical indicators showed mixed signals despite the strong daily [...]

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