For those who shop online, they have surely heard of Amazon. Amazon.com, Inc is an American multinational technology company. It started as a digital bookseller, and it has since expanded into an e-commerce site with all kinds of products available. It also offers services in the realm of cloud computing, digital streaming, and artificial intelligence. Amazon was founded in 1994 by Jeff Bezos in Seattle, Washington. In 2021, Amazon has a market cap exceeding US$1.7 trillion and is considered the world's fifth most valuable company.
Amazon.com, Inc. is mostly known for its retail site Amazon.com, and retail is its primary source of revenue. Amazon.com carries a comprehensive product line including media, apparel, consumer electronics, health and personal-care items, industrial and scientific supplies, and more. These are distributed through the main site or through derivative services such as Amazon Fresh, Amazon Prime, and Amazon Drive. The company also offers products such as virtual assistant Alexa and the Kindle reading tablet series, and the company owns over 40 subsidiaries including Audible, Goodreads, IMDb, and Shopbop.
Amazon.com, Inc. is headquartered in Seattle, Washington, where it was founded. It has over 1.3 million employees worldwide in 2021, with 950,000 of them working in the US. Internationally, the company has its European headquarters in Luxembourg City. It also has software development centers and customer service centers around the world.
Amazon went public in May 1997 and trades under the ticker 'AMZN'. The company is part of ‘FAANG’, an acronym used in finance technology that refers to the stocks of the Big Five companies in the US information technology industry: Facebook, Amazon, Apple, Netflix, and Google. The company's main shareholders include founder Jeff Bezos, CEO Andrew Jassy, and SVP Jeffrey Blackburn, as well as institutions such as Advisor, Vanguard, and BlackRock.
Amazon shares are traded under the ticker 'AMZN'. You can purchase them on any one of Saxo Group's trading platforms - SaxoInvestor, SaxoTraderGO or SaxoTraderPRO. Simply log into your account to start trading. If you do not have an account, you can click here to create one.
You can gain access to price data for Amazon shares by logging into your account on any of Saxo Group's trading platforms. Simply search for the ticker 'AMZN', select the trade ticket, click the 'I' icon and navigate to 'Trading Rates'. If you do not have an account, you can click here to create one.
Whether Amazon shares are a good investment depends on various factors. On Saxo's trading platforms, you can find the company's stock analysis, financial reports, and current and historical price charts. Log in to gain access or create a new account with Saxo here.
Amazon does not currently pay out dividends to shareholders. Earnings from stock sales in technology companies are often redirected into the company for growth and expansion into new ventures.
To see how Amazon shares have performed historically, simply log into your account on any of Saxo Group's trading platforms to gain access to detailed price charts and past and present financial data. If you do not have an account, you can click here to open one.
