Amazon Stock Rises 2.49% on April 8 as Pre-Market Momentum Points to Further Upside
Key Highlights:
Seattle / New York – April 8, 2025 – Amazon.com Inc. (NASDAQ: AMZN) closed up $4.26 (+2.49%) at $175.26, marking one of the strongest performances among tech giants during Tuesday’s market session. With pre-market gains of another 3.61% to $181.59, Amazon is signaling continued bullish momentum as investors bet on resilient e-commerce and cloud growth despite macro volatility.
Amazon Share Price Snapshot – April 8
- Close: $175.26 (+2.49%)
- Pre-market (April 8, 8:21 AM): $181.59 (+3.61%)
- Open: $162.00
- Day’s High: $176.09
- Day’s Low: $161.38
- Previous Close: $171.00
- Market Cap: $1.86 Trillion
- P/E Ratio: 29.93
5 Reasons Amazon Share Price Today Shows Bullish Breakout Potential
- Pre-Market Strength Confirms Institutional Buying
Amazon jumped over $6 in early trade, suggesting strong demand at the open and a clear shift in sentiment among large players. - Global Tech Rally Lifts Sentiment
Nasdaq 100 Futures rallied over 2.3%, fueling optimism for tech stocks. Amazon, being a key component, continues to outperform peers. - Cloud & AI Tailwinds Boost Long-Term Story
With AWS dominating the cloud space and upcoming AI investments, Amazon remains a growth cornerstone even in uncertain times. - Strong Support Zone at $160–$165
After consolidating above key support last week, bulls defended lower levels and pushed Amazon into a bullish continuation pattern. - Positive Consumer Data
Retail and consumer spending data released this week hinted at resilient online shopping behavior, directly benefiting Amazon’s core business.
Technical Outlook – Amazon (AMZN) Short-Term Levels
- Resistance Zones: $178.50 → $185
- Support Zones: $168 → $165
- RSI: Rising, near bullish territory
- MACD: Turning positive
If $181.59 holds in early trade, analysts expect Amazon to test the $185 mark by midweek.
Expert Views
Catherine Allen, Senior Equity Analyst, MarketPilot Capital:
“Amazon is bouncing not just on tech recovery but also on strong sectoral fundamentals. Its valuation remains attractive, and the $180 level is a breakout trigger.”
Jason Wu, Trader at AlphaQuant Funds:
“The intraday trend and pre-market action suggest continuation. If tech holds up, Amazon is one of the top picks for the next few sessions.”
Amazon Share Price Today Poised for More Gains
With a 2.49% surge on April 8 and 3.61% pre-market boost, Amazon share price today reflects strong momentum powered by Nasdaq strength and supportive global cues. Traders and investors may eye the $185 zone as the next key target, provided bullish sentiment persists in broader markets.
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