Stock price Amazon is fluctuating around $186.45, bolstered by recent partnerships in cloud gaming. Analysts predict this diversification could attract new revenue streams and strengthen Amazon’s market moat. For the next fiscal year, the consensus earnings estimate of $7.6 indicates a change of +12.4% from what Amazon is expected to report a year ago. Over the past month, the estimate has changed +0.6%. "When people get very excited, as they are today, about artificial intelligence, for example ... every experiment gets funded, every company gets funded," Bezos said. "The good ideas and the bad ideas. And investors have a hard time in the middle of this excitement, distinguishing between the good ideas and bad ideas." Stock price Amazon rests at $186.28 following a minor intra-day pullback. Traders view the consolidation as healthy before potential acceleration toward the $190 psychological resistance.
