has already gained $561 billion in market value year-to-date, and if Goldman Sachs and Jefferies are right, expect that number to continue to grow.
According to Goldman, Amazon is poised to benefit from "accelerating ecommerce growth" amid the COVID-19 pandemic. Data from Mastercard shows ecommerce has grown 93% year-over-year in May, and weekly data from Facteus shows consumer spending on Amazon's platform has been up more than 60% year-over-year since the end of April.
Goldman added that its updated revenue growth estimates "may prove too low," suggesting that there can be even more upside from Goldman's Monday price target boost.
Tax that monster.
Next: Goldman sell its entire AMZN position $4000
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Tech stock prices not a bubble and can climb higher, strategist says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What if the Big One hit Silicon Valley and maybe Seattle area? Will it be San Andreas's Fault?
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Oil price: Joe Biden presidency would lead to increased Iran output - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Doubt US consumers will be upset about lower oil costs. god forbid a country sells it's own oil. lmao So, when a lot of folks are unemployed, we get even cheaper gas? I'm on it.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Goldman Sachs executives in Malaysia to discuss 1MDB: finance ministerSenior executives of Goldman Sachs Group Inc have flown in to Malaysia for talks with the government on the recovery of 1MDB assets, Malaysia's finance minister said on Monday. What business do they have being there? Didn't know Man United were involved 🥱
स्रोत: Reuters - 🏆 2. / 97 और पढो »
Facebook CEO Mark Zuckerberg says he speaks with President Trump 'from time to time' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. of course he does -- takes his orders the owner of Global Data MZ is another trump stooge
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »