Do you see how much different this is from the Alphabet chart? Amazon has yet to rise above the 2021 peaks. Also, the 50-week moving average crossed over the 200-week moving average in late 2022 ...
Amazon has ratcheted up spending on capex this year so fast that it now outspends all other big tech firms, including the previous capex leader, Alphabet. Apple, meanwhile, is slashing capex spending ...
Alphabet stock has received a handful of price target increases this week ahead of earnings. Amazon.com has gotten some of its own too, but not all analysts see shares rising from here.