AMZN Stock Price and Chart — BCBA:AMZN

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Amazon has launched same-day grocery delivery in over 1,000 locations, with plans for more U.S. expansion this year, increasing competition and affecting rival stock prices.

Amazon may benefit from falling sales and app downloads of rivals Shein and Temu due to higher import duties from the end of the de minimis exemption for packages from China.

Generation Investment Management cut its Amazon shares to 1.7 million in Q2. Amazon's stock rose 5.3% in Q3, surpassing the S&P 500's 3.9% increase.

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About Amazon.com

Amazon.com, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as amazon.com and amazon.ca. The International segment offers retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

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