Should You Buy Amazon Stock Before Feb. 6?

A fresh quarterly earnings season is underway in corporate America. Hundreds of companies will report their results over the next few weeks, but investors will be particularly focused on the multitrillion-dollar tech giants that are dominating the artificial intelligence (AI) race. Given their size and strong growth rates, their results could influence the direction of the S&P 500 for the next several months.Amazon (NASDAQ: AMZN) will release its report for the fourth quarter of 2024 (ended Dec. 31) next Thursday, Feb. 6. Despite Amazon being the world's biggest e-commerce company, Wall Street will likely be more focused on its cloud computing platform, Amazon Web Services (AWS), because it's home to a number of industry-leading AI projects.Should investors buy the stock ahead of next week's report?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool