Why Is Amazon $AMZN Price Target Trending? US Job Data Hits 218K Today

Did you know that US Labor statistics can actually have a big impact on big companies like Amazon? Well, today’s work report surprised everyone with a lower-than-expected number of jobless claims at 218K.

This US job data news impact has been worldwide, and it’s also making the $AMZN price target 2025 more powerful than ever before. But how exactly does the US Job Data 218K affect Amazon’s price? Lets explore it

US Job Data 218K: A Key Signal for Amazon Stock Price Move

The United States Initial Jobless Claims data came lower than expected as per the Bitcoin Expert India latest X post .

Actual: 218K
Expected: 233K
Previous Week: 231K

This number is not just a sign of a healthy work market—it also affects how much people spend, which is very important for big consumer-based brands.

When the number goes down, it means fewer people are unemployed, so more people have money to spend. This is exactly why Amazon stock news is trending today .

1. It is a consumer-focused business. It does well when people have extra money to spend on things like online shopping, Prime memberships, and AWS services.

2. More people working means more money to spend, which leads to higher sales.

Because of this, strong US job figures usually makes consumer-focused brands go up in value. This is why top analysts are looking closely at the $AMZN price target 2025.

Did Today’s US Job Data Fuel $1T $AMZN Revenue Mark?

Today’s US Job data impact on Amazon has been significant . It supports the idea that the firm is on track to hit the $1 trillion revenue mark by 2029.

Source: Bourbon Capital

As people feel more confident in their positions, this firm is well-positioned to keep growing. This brings the company closer to reaching $1 trillion soon, which means $AMZN forecast today is set to reflect a massive outcome for investors.

Amazon Stock Price Action: What the Charts Are Saying

Looking at the TradingView chart of $AMZN price, we can see that the stock has been going down since April, but it has started to recover recently. Right now, it is trading at $219.72, with a small drop of 0.05% today.

RSI Indicator: The Relative Strength Index (RSI) is at 50.30, which means the market is neutral.

MACD Indicator: It has shown a bullish crossover, meaning the blue line is now above the orange line.

As a crypto analyst, I believe this shows that more buyers are entering the market, and we might see $AMZN price target bullish momentum in the coming days.

Amazon AMZN Price Prediction: What’s Next?

Given the good US job data 218K and positive signs in the chart, Amazon stock price performance has a lot of potential to grow soon.

• Short Term (Next 1-2 Weeks): With the strong work statistics and bullish MACD crossover, experts like John the Rock believe it could go up to $220-$225. If it breaks past this, it might reach $230.

• Mid Term (Next 1-2 Months): If things keep improving, it could go up to $240-$250.

• Long Term (3-6 Months): With a goal to hit $1 trillion in revenue by 2029,  $AMZN price target 2025 could go as high as $270-$280 if the economy stays strong.

Conclusion: Amazon and US Job Data—A Perfect Match

The release of US Job data today has made investors more confident. More people are spending money, which could help consumer-focused brands make more money.

The RSI and MACD indicators show that assets might soon start rising again. So, the $AMZN price target looks positive for the next few weeks and months, but keep an eye on the resistance zone.

Disclaimer: This article is for informational purposes only, always conduct YOUR before investing.