The Latest Breaking News from Amazon.com Inc.

Amazon (AMZN) just dropped its first quarter earnings bombshell, smashing revenue and EPS expectations and cementing its reign as a retail titan. But should you ride the wave? Let's unravel the mystery.

Apple will release its fiscal Q2 earnings this Thursday after the bell. The stock looks like a buy ahead of the report, as the valuations now seem reasonable after the recent underperformance.

Meta Platforms and Amazon have harnessed the power of AI to accelerate growth in the coming years.

This is what could happen next to Amazon shares.

Sales of AI-enabled gadgets are expected to drive hardware sales over the next few years. PC maker HP looks like an AI play worth buying for its nearly 4% dividend yield and tepid valuations.

Netflix will release its Q1 earnings later this week. Can the streaming giant continue its uptrend even after the report?

Amidst the ever-changing digital terrain and the ascent of artificial intelligence (AI), the future looks promising for tech behemoths Alphabet (GOOGL) and Amazon.com (AMZN). Yet, a pressing query looms: Can GOOGL and AMZN uphold their status as reigning tech stock champions this year? Let's delve deeper to uncover the answer.

Amazon stock has continued its good run in 2024, and is already up 19% for the year. The stock could still rise from these levels, given its reasonable valuations and strong earnings outlook.

This tech behemoth is already a mega-cap, and artificial intelligence is driving growth across all of its businesses.

Amazon stock has held up well since Feb. 1. with its Q1 results. AMZN stock could be worth one-third more based on its strong FCF outlook. This is attractive to long investors who also short OTM puts for income.

I could sell a March 21, 2025 put with a strike price of $180 and set aside the $18,000 in case I am assigned on the short put. That $180-strike put generates around $1,820 in option premium in just under 12 months.