There's no guarantee these stocks will split this year. But their share prices are certainly high enough to do so. Read More...
Why Amazon Stock Plunged Today
Amazon’s net sales grew by 9% year over year to $149.2 billion in the fourth quarter. AWS’s revenue rose 20% to $21.4 billion. “Starting back in the middle of the third quarter of 2022, we saw our year-over-year growth rates slow as enterprises of all sizes evaluated ways to optimize their cloud spending in response to the tough macroeconomic conditions,” Chief Financial Officer Brian Olsavsky said during a conference call with analysts.