The stock market was mixed on Friday, with NASDAQ closing at another record high. It rose 0.4% to 22,141 during the day. Investors are hoping that the Federal Reserve will cut interest rates next week after latest economic data showed signs of weakening jobs and tame inflation.
Meanwhile, S&P 500 fell 0.1% to 6,584.
Nonetheless, S&P 500 and NASDAQ both closed the week with gains.
Tweet of the Day
Good take here: https://t.co/oXfjHdDwDo
— David Sharek (@GrowthStockGuy) September 6, 2025
Chart of the Day
Here is the one-year chart of Amazon (AMZN) as of August 18, 2025, when the stock was at $231.
Amazon expanded its grocery by adding perishables on its website. Management stated the company started expanding its very successful Perishables Pilot, where Amazon offers customers perishables as a point of purchase when they are ordering other items that will be delivered same day. The company saw strong customer adoption with about 75% of the people were buying fresh or perishable items on Amazon for the first time. In addition, 20% of those customers used the service several times within their first month.
Management stated Amazon will soon offer same-day delivery of perishables in 2,300 U.S. cities and towns by the end of the year. Amazon previously only offered perishable items through its Whole Foods and Amazon Fresh Brands, but they will be now available on the much larger Amazon.com, with the option to add fresh grocery items to standard orders.
Amazon is part of our Growth Portfolio and Aggressive Growth Portfolio.
