Stocks Close Little Changed as Fed Left Rates Unchanged

AMZN: The Untold Story of Amazon.com - Book CoverThe stock market was nearly unchanged on Wednesday after the Federal Reserve held interest rates steady amid ongoing economic uncertainty. Meanwhile, investors are still monitoring the developments in the escalating conflict in the Middle East.

Overall, S&P 500 was relatively flat at 5,981, while NASDAQ was slightly up 0.1% to 19,546.

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Here is the one-year chart of Amazon (AMZN) as of May 13, 2025, when the stock was at $211.

Amazon introduced Alexa Plus, a next-generation voice assistant that is significantly smarter and more capable than its predecessor Alexa.

Alexa Plus is built with the ability to handle broad variety of functions where it can quickly and accurately respond to almost any question you ask. It can also carry out complex actions such as managing smart home settings, organizing tasks, or interacting with other apps and devices.

Management stated customers who are subscribed to Amazon Prime can use Alexa Plus at no additional cost. For non-prime customers, Alexa Plus costs $19.99 a month.

The company started to roll out Alexa Plus in the US and plans to expand in additional countries later this year. With Alexa Plus, Amazon is taking a big step forward into the world of action-oriented agents AI system, moving beyond simple Q&A to handling complex, multistep real-world tasks.

AMZN is part of our Growth Portfolio and Aggressive Growth Portfolio. It is a top stock in the stock market today.

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