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Amazon.com, Inc. (AMZN) engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. 
It operates through three segments: North America, International, and Amazon Web Services (AWS).
The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers. It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo; and develops and produces media content.
In addition, the company offers programs that enable sellers to sell their products in its stores; and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content.
Shares are heading higher in an upward trading channel. The company reports tonight after the close. On February 2nd, AMZN reported Quarter December 2022 earnings of $0.21 per share on revenue of $149.2 billion. The consensus earnings estimate was $0.15 per share on revenue of $145.4 billion.
The company said it expects first quarter revenue of $121.0 billion to $126.0 billion. Prior consensus revenue estimate was $125.33 billion for the quarter ending March 31, 2023. Higher share prices are expected.
Entry Point: $107.00
Stop Loss: $102.00
Trading Range: $81.43 to $146.57
Target Price: $117.80
AMZN closed at $118.50
AMZN closed at $118.50
