With Black Friday still to come, itвЂ™s a high holy time for AMZN.

Everyone has an opinion on which city could get it (or which ones definitely shouldnвЂ™t), but the fact that itвЂ™s coming at all is a sign of strength from Amazon.ДЄnd letвЂ™s not forget that this is the final quarter of the year - the time when materialism and consumerism get wrapped up in pretty holiday wrapping paper. AMZN leadership must also be feeling pretty confident, since theyвЂ™re lookingВ to set up a second headquarters, which will bring with it up to 50,000 white-collar jobs. ItвЂ™s still a massive company that continues to push out or disrupt established companies. So is Amazon stock done? Bottom Line on AMZN Stock The stock was back under the $1,000 level a couple days later, and it hasnвЂ™t recovered. Analysts looking for $1.42-per-share were startled by actual earnings of only 40 cents, a drop of over 77% from $1.78 in the same quarter last year. If investors were already feeling antsy, their sentiment toward AMZN stock probably wasnвЂ™t helped by the release of its second-quarter earnings report, which beat on revenue of $37.96 billion, but missed - hard - on earnings. TheyвЂ™ve already slashed prices and tied the stores more closely into AMZNвЂ™s ecosystem.ДЄlso, Amazon announced in July that it had entered an agreement with Sears Holding Corp (NASDAQ: SHLD) to sell Kenmore appliances. While people have debated how useful Whole Foods will be to Amazon, thereвЂ™s no denyingВ the company seems to have big plans for the grocery store chain. 26 when the Federal Trade Commission gave the official OK. Rather, the indecision may reflect investor uncertainty about some of its more recent moves.ДЇor starters, there was the agreement to buy Whole Foods in a $13.7 billion deal, announced in the second quarter and finalized on Aug. Since pushing past the $1,000 mark in June,В it has more or less wobbled around that price.Д«ut while the overall returns since June have averaged out to вЂњpretty quiet,вЂќ that doesnвЂ™t mean AMZN has been resting on its laurels. But it hasnвЂ™t been all good news for Amazon stock.

Amazon stock news for september 2017