We recently compiled a list of the 11 Best Stocks To Invest In For Grandchildren. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other stocks.

What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the company reported underwhelming fourth-quarter results: its revenue and operating income guidance for the next quarter both fell short of Wall Street's estimates.

Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on Tuesday as the stock hit its all-time high price of $241.77. That momentum is reflective of investor sentiment heading into the Amazon’s Feb.

Amazon’s Q4 2024 earnings call will take place today at 2 p.m. PT/5 p.m. ET. We’ll be streaming it on the Shacknews YouTube channel. You can also find it on Amazon’s investor relations website.

Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite facing foreign exchange challenges.

There's perhaps no bigger or more important stock left on the earnings docket this quarter than Amazon (NASDAQ:AMZN), which is set to report its earnings on February 6. The e-commerce giant's earnings report won't only be important for investors in the mega-cap tech giant.