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Should you buy, hold or sell Amazon stock?

Amazon has the ingredients to keep growing for a while.Lawrence Nga  |  The Motley FoolAfter touching a multi-year low of around $84 in early 2023, Amazon's (NASDAQ: AMZN) stock price has more than doubled to $200 (as of this writing), thanks to the improvement in financials.As the company moves forward on tailwinds such as artificial intelligence (AI) and facing headwinds such as the e-commerce slowdown, investors may wonder: Is now the time to buy, hold, or sell Amazon stock?Let's take a closer look.How did Amazon perform in 2024?First, a review...
Currencies

USD/INR edges lower ahead of India GDP, US PCE releases

Indian Rupee posts modest gains in Friday’s early European session. The downbeat US economic data and uncertainty of Trump's policies weigh on the US Dollar. Traders brace for India’s Q1 GDP and US April PCE inflation reports, which are due later on Friday.The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD). A decline in crude oil prices provides some support to the Indian currency,...
Currencies

USD/INR trades with mild losses ahead of India GDP, US PCE releases

Indian Rupee posts modest gains in Friday’s Asian session. The downbeat US economic data and uncertainty of Trump's policies weigh on the US Dollar. Traders brace for India’s Q1 GDP and US April PCE inflation reports, which are due later on Friday.The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD). A decline in crude oil prices provides some support to the Indian currency, as...
Currencies

US Dollar Index finds support with Fed’s Kashkari favoring rates to remain steady

The US Dollar is making a turnaround this Tuesday, snapping its losing streak. Some support for the Greenback with the Fed confirming steady interest rates. The US Dollar Index heads above 99.00 in search of the 100.00 figure. The US Dollar Index (DXY), which tracks the performance of the Greenback’s value against six major currencies, is tying up some minor gains, trading around 99.40 at the time of writing this Tuesday. The stronger Greenback has emerged right at the end of Asian trading hours, after the Japanese Ministry of Finance (MoF)...
Currencies

USD/INR holds stetady amid a softer US Dollar

The Indian Rupee steadies in Tuesday’s Asian session. A weaker US Dollar and stronger Chinese Yuan could support the INR, but RBI rate cut bets might cap its upside. The US Conference Board’s Consumer Confidence report is due later on Tuesday. The Indian Rupee (INR) flat lines on Tuesday after hitting a two-week high in the previous session. A broader gain in the Asian currencies on account of a weak US Dollar (USD) could provide some support to the Indian currency. Additionally, a decline in crude oil prices might contribute to the INR’s...
Currencies

USD/INR strengthens on bets for more RBI rate cuts

Indian Rupee edges lower in Tuesday’s early European session.Dovish bets for the RBI weigh on the INR, but a multi-phase US-India trade deal might cap its losses. Investors brace for the Fedspeak later on Tuesday.The Indian Rupee (INR) weakens on Tuesday. Consumer inflation in India fell more than expected to a near six-year low in April, strengthening bets that the Reserve Bank of India (RBI) is due to extend its rate cutting cycle. This, in turn, undermines the Indian currency. Additionally, renewed concerns over the potential reintroduction of trade tariffs by...
Currencies

USD/INR weakens as lower crude oil prices support Indian Rupee

Indian Rupee rebounds in Friday’s Asian session. Lower crude oil prices underpin the INR, but persistent interbank USD demand and foreign fund outflows might cap its upside. Traders await the US housing data and the preliminary University of Michigan Consumer Sentiment Index report.The Indian Rupee (INR) recovers some lost ground, snapping the three-day losing streak on Friday. A fall in crude oil prices amid reports that the US and Iran are getting closer to a deal on the country’s nuclear program provides some support to the INR. It’s worth noting that India...
Currencies

USD/INR softens on India-Pakistan ceasefire, eyes on Fedspeak

Indian Rupee edges higher in Wednesday’s early European session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and...
Currencies

USD/INR attracts some sellers on India-Pakistan ceasefire

Indian Rupee edges higher in Wednesday’s Asian session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and equities...
Currencies

USD/INR weakens as tensions between India and Pakistan ease

Indian Rupee edges higher in Wednesday’s Asian session.Trade deals made between US and China, and cessation of military hostilities between India and Pakistan, support the INR. Traders brace for the Fedspeak later on Wednesday.The Indian Rupee (INR) gathers strength on Wednesday on the back of the US-China trade agreement and a ceasefire agreement between India and Pakistan. Analysts said that any fresh developments on the geopolitical front are likely to significantly influence the INR’s trajectory in the near term. The renewed Foreign Portfolio Investors (FPI) inflows into debt instruments and equities...
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