Amazon shares update record after preliminary results of U.S. presidential elections

15:36 - 7.11.2024


November 7, Fineko/abc.az. Shares of American technology company Amazon have updated their maximum amid general optimism on the U.S. stock market after the preliminary results of presidential elections.

ABC.AZ reports, referring to Bloomberg, that the value of Amazon's securities jumped more than by 3.5% on Wednesday, November 6. At the moment, the price of one Amazon share reaches $207.42, which is a new intraday record for company's securities.

Amazon's stock growth was also positively influenced by tech giant's recent Q3 report. Amazon Web Services cloud division showed strong data. Amazon's total sales in the 3rd quarter amounted to $158.9 billion.