Amazon (AMZN) has had six consecutive months of gains and recently announced a buy with Prime app for Shopify (SHOP). George Tsilis discusses this and compares AMZN to other big retailers including Walmart (WMT), Target (TGT), and Costco (COST). He talks about how AMZN plans to boost the free shipping threshold for non-Prime members to $35. AMZN is up 63% year-to-date. AMZN’s most recent earnings were released on August 3rd. Its adjusted EPS came in at $0.65 versus an estimated $0.34 and revenue came in at $134.40B versus an estimated $131.54B. Tune in to find out more about the stock market today.
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