Own Amazon Stock (AMZN)? This Is the 1 Thing to Watch Now.

Amazon (NASDAQ: AMZN) is a powerhouse name in the stock market, with soaring revenues, a key role in both e-commerce and cloud computing, and a market capitalization of more than $2.3 trillion.But Amazon stock is only up less than 2% so far this year and its dominance in the cloud computing space is beginning to slip as rivals Microsoft Azure and Alphabet's Google Cloud make inroads. And President Donald Trump's on-again, off-again threat of tariffs is back on, with many set to go into effect in August, putting additional pressure on Amazon's e-commerce business.If you're investing in Amazon stock, it's only natural to wonder how the company will protect its cloud computing dominance and begin elevating the stock price again. Here's the one thing you should be watching now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool