The Damage Report Amazon closed at $199.60 on February 12th, down 13.5% year-to-date and 17.7% over the past month. The stock peaked at $258.60 within the last 52 weeks, meaning it has fallen roughly 23% from that high. The decline accelerated sharply in early February, with the stock's RSI dropping to 23.46, deep into oversold territory and the lowest reading since the 2022 bear market.
Everlane just landed on Amazon, and as a shopping writer who already relies on the brand for everyday staples, I immediately started scrolling. The retailer makes some of the best elevated basics out there-think great-fitting T-shirts, comfortable pants, and chic accessories that don't feel trendy or disposable. Even better, many of its most popular styles are already marked down, with discounts up to 64 percent. For anyone who loves high-quality pieces without the luxury markup, this drop feels like a big win.
MacKenzie Scott helped build one of the most recognizable companies in modern history-all while writing her first novel. As Amazon scaled from a fledging startup to a global force, Scott was simultaneously cultivating a literary life. Long before Amazon, Scott launched her literary career. While studying creative writing at Princeton University, Scott landed herself a highly coveted spot as one of Toni Morrison's advisees, a relationship that would shape her literary pursuits.
Amazon has announced that its generative AI-powered digital assistant Alexa Plus is now available to all Prime members in the US via any Alexa-enabled device, Alexa.com, and the Alexa mobile app. If you don't have Prime, you can access the assistant on a new free tier on the web and app, or pay $20 a month for unlimited access to Alexa Plus, without Prime.