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Both run huge online shopping marketplaces that connect sellers with millions of buyers, so they compete for the same shoppers and merchant fees. Alibaba’s Taobao and Tmall also overlap with Amazon in broad product search, marketplace sales, and cloud services.
As of May 4, 2026
For informational purposes only.
Amazon inched higher again today, closing around $272, near its recent highs. For you, the big picture is: the business story keeps getting stronger (cloud, AI, logistics), but the stock has already run very far, very fast, so the “easy money” feeling is behind us and swings either way from here would not be surprising.
The stock rose about 1–2% on slightly below‑average trading volume. That combination — a modest gain, normal volatility, and no surge in trading activity — looks more like steady buying than a wild rush.
Price-wise, shares are near the top of their recent range after jumping almost 30% in the last month. Technically, that’s what traders call “extended”: the trend is clearly up, but the stock is no longer cheap on a short‑term chart. It wouldn’t take much bad news (or just profit‑taking) to knock it back a bit.
1. New logistics business: Amazon as a global delivery utility
The fresh news today is Amazon Supply Chain Services. In plain English, Amazon is telling any business, “Use our trucks, planes, warehouses, and delivery routes — even if you never sell a thing on Amazon.com.”