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Amazon (AMZN) has been on the watch list for a while now, leading the pandemic field e-commerce boom. This week has been big for earnings reports. Amazon reported impressive revenues for the first-quarter on Thursday. Both the first and projected second quarter revenues far exceeded expectations putting the spotlight on the e-commerce giant. Amazon’s profits have been surging through the pandemic and now boasts 200 million Prime members worldwide. Let’s dive into the details and see why Amazon stock is still a buy.
By now we all know someone who has made some serious profit from investing in cryptocurrency. Crypto has traditionally been seen as extremely high risk, but with institutional investors getting involved, is there still a chance crypto markets could crash?