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The public company Icon with the stock symbol caret-down-fill in the USA stock exchange is none other than Amazon (AMZN). Amazon is an American multinational technology company focusing on e-commerce, cloud computing, and artificial intelligence. It is one of the world's largest and most successful companies, with a market capitalization of over $1 trillion.
As of March 2, 2023, Amazon's stock price is $111.40, with a 52-week low of $81.74 and a 52-week high of $120.20. The stock has a P/E ratio of 86.31, and a high trading volume of over 63 million shares. The company's market capitalization is $1.14 trillion, making it one of the largest publicly traded companies in the world.
Amazon's success can be attributed to its diverse range of products and services. It is the largest e-commerce platform in the world, with millions of active users and a vast inventory of products across various categories. Additionally, Amazon Web Services (AWS) is the leading cloud computing platform, with a significant market share in the rapidly growing cloud computing industry. AWS provides a range of services, including computing power, storage, and security, to businesses and organizations across various industries.
In their recent earnings report, Amazon's net sales increased by 9% year-over-year to $149.2 billion, while net income decreased to $2.3 billion. AWS contributed 15% of Amazon's total net sales, with a significant operating income of $6.6 billion.
Amazon has been experiencing continued growth over the years through expansion and diversification. The company has made significant investments in emerging technologies like artificial intelligence and robotics, and strategically acquired several companies to enhance its offerings.
In summary, Amazon is a well-established company with a strong track record of growth and diversification, and its stock symbol (AMZN) is a recognized and respected symbol in the stock market.
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