AMZNAmazon.com, Inc.
264.14
-1.15%
SUPPORT:257.9250.71
RESISTANCE:265.08272.27
Past
What happened
AMZN closed Friday at 264.14, -1.2% on the week; the tariff-refund lawsuit storyline added noise but didn't break the 257.90 support that's defined the week.
Why
Why it matters
Amazon is the 'AWS AI revenue acceleration' story most underpriced relative to MSFT/GOOG — but it's also the most sensitive to consumer softness, which is exactly what Walmart's Tuesday print will probe.
Watch
What to watch
257.90 is the line of defense; below that 250.71 opens. Walmart's same-store sales and outlook Tuesday will set the AMZN consumer tone before the AI story reasserts.
HEADLINES
- Amazon Lawsuit On Tariff Refunds And What It May Mean For ValuationSimply Wall St.
- NBA Legend Shaq Tells Mila Kunis He Spoils His 6 Kids, 'Anything They Want Dot Com' After Asking Why She's 'Anti-Gifts'Benzinga
- $800B in AI spending is juicing GDP and stocks — while real wages fall and Americans cut back on goodsMoneywise