Hydrogen plane startup ZeroAvia said on Wednesday it had secured $37.7 million in new cash via a funding round led by Bill Gates' Breakthrough Energy Ventures and from the British government to support its bid to develop zero-emission aircraft.
Both companies are winners in their own right. Amazon (NASDAQ: AMZN) is not only the premier name in the e-commerce arena, the coronavirus pandemic has been an opportunity for the company to flex its muscle. It'll come out of this time with a much bigger logistical/capacity footp
When even shopping malls are going bankrupt because of weak customer traffic at their tenants, you know the apocalypse is coming for all but the best retailers.That means the field will be culled of the weakest players leaving more opportunity for those who remain, and investors
Only five years ago, investors were bidding up shares of CVS Health (NYSE: CVS) as the company took over Target's (NYSE: TGT) pharmacy business and acquired a business that provided pharmacy services for long-term care facilities. The stock now sits 36% below those 2015 highs, an
Amazon.com has taken to the courts once again in a bid to get a $10 billion Pentagon contract that was awarded to Microsoft invalidated, according to Reuters.
In a redacted court filing from October 23rd that was unsealed yesterday, Amazon (AMZN) reiterated its stance that the awarding of the contract to Microsoft (MSFT) must be overturned because it was granted in bad faith and that President Donald Trump used his influence to manipulate the contract.
Trump has publicly criticized the company and Amazon head, Jeff Bezos in the past. Amazon has called the decision flawed and politically corrupt.
Amazon was a front-runner to win the contract and filed its initial lawsuit in November 2019, after the contract was awarded to Miscrosoft. A judge granted Amazon’s request to temporarily halt the deal from moving forward in February.
The Defense Department stated in a court-ordered re-evaluation in September that Microsoft’s proposal represented the best value for the government. Amazon responded on Tuesday saying that its cloud computing solutions are the lowest priced by tens of millions of dollars.
Microsoft retorted by saying, “career procurement officials at the DoD (Department of Defense) decided that given the superior technical advantages and overall value, we continued to offer the best solution.”
Cowen analyst John Blackledge reiterated his Buy rating 2 days ago and raised his price target from $4,150 to $4,350 (37% upside potential). He named the shares a “Best Idea for 2021.”
Consensus among analysts is a Strong Buy based on 36 Buys and 1 Hold. The average price target of $3,825.60 implies a potential upside of around 21% over the next 12 months.
(RTTNews) - Amazon.com's unit Amazon Web Services Inc. or AWS said Twitter has signed a multi-year agreement to provide global cloud infrastructure to deliver Twitter timelines. As per the deal, Twitter will use AWS's infrastructure and services to delivere daily Tweets. This is
Hydrogen plane startup ZeroAvia said on Wednesday it had secured $21.4 million in a funding round led by Bill Gates' Breakthrough Energy Ventures to develop zero-emission commercial aircraft.
Artificial intelligence (or AI) gets a lot of attention these days because the technology is being implemented into so many parts of our lives, from smart speakers to apps. And as AI expands, the opportunity for investors is enormous. Over the next four years, AI spending is esti
Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department said in September a court-ordered re-evaluation had determined Microsoft Corp's proposal still represented the best value for the government.
Amazon.com urged a U.S. judge to toss out the Pentagon's $10 billion JEDI cloud computing contract award after the Defense Department in September said a court-ordered re-evaluation had determined Microsoft Corp's proposal still represented the best value for the government.
LONDON (Reuters Breakingviews) - The European Commission is arming itself with a large hammer for its fight with U.S. technology groups like Amazon.com, Facebook and Alphabet. On contact, however, it could turn out to be made of foam.
NXP Semiconductors (NASDAQ: NXPI) and Impinj (NASDAQ: PI) might not initially seem like direct competitors. NXP produces a wide range of automotive, communications infrastructure, and mobile chips, while Impinj sells RFID (radio frequency identification) chips for tracking produc
U.S. technology firms including Amazon, Apple, Facebook, and Google face fines of up to 10% of their annual turnover and could even be forced to break up under draft European Union rules announced on Tuesday aimed at curbing their powers.
Amazon, Apple, Facebook and Alphabet unit Google face fines as much as 10% of their global turnover and break-up orders for breaching draft EU rules announced on Tuesday aimed at reining in their power.
China's Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, three people with knowledge of the matter said, the latest move in a race among tech firms to develop smart cars.
Following an enormous run-up in Amazon.com's (NASDAQ: AMZN) stock price during the first seven months of the year, shares have failed to gain any meaningful momentum since then. The stock is currently at the same level it was on Aug. 1, 2020. Does the stock's underwhelming perfor
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. ProShares' Executive Director of Thematic Investing Scott Helfstein sat down with The Motley Fool to dive into some of the intriguing sto
The coronavirus pandemic has changed the world. But it has also accelerated certain technological trends that investors should be tapped into. One that is just getting started is e-commerce and the online shopping pioneer still has an enormous growth runway.ProShares' Executive D
Amazon.com (NASDAQ: AMZN) has been eyeing the prescription market since its acquisition of PillPack in 2018 -- and the online sales and services goliath sent shockwaves through the pharmacy industry this month as it launched Amazon Pharmacy. Since the pandemic began, shoppers hav
Artificial intelligence (or AI) gets a lot of attention these days because the technology is being implemented into so many parts of our lives, from smart speakers to apps. And as AI expands, the opportunity for investors is enormous. Over the next four years, AI spending is esti
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