Nasdaq AMZN Amazon

Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are two of the most closely followed stocks, and among the world's five most valuable companies by market cap. These tech giants rule their respective industries, with one dominating e-commerce and the other leading consumer tech. As

Have you been paying attention to shares of Amazon (AMZN)? Shares have been on the move with the stock up 10.9% over the past month. The stock hit a new 52-week high of $147.26 in the previous session. Amazon has gained 73.6% sinc

Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi

Snap Inc.’s SNAP shares rose 8% on Tuesday, Nov 14, after the company announced that it has entered into a partnership with Amazon AMZN to enable Snapchat users in the United States to buy products from the online retailer without

As earnings season draws to a close, you might be wondering which stocks are worth doubling down on, or where you can find the most enticing growth prospects. Many on Wall Street have been sounding an alert for a new tech bull market thanks in large part to artificial intelligenc

Oracle ORCL announced that it is introducing new mobile features to its Fusion Cloud Inventory Management, which is part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM).These features are designed to facilitate vario

One of the dominant themes surrounding technology companies this year is artificial intelligence (AI). Microsoft kicked things off after its multibillion-dollar investment in OpenAI, the developer behind ChatGPT. Unsurprisingly, other Big Tech companies, such as Amazon and Alphab

Contrary to popular belief, one does not need much to begin investing. Even amounts such as $1,000 will not only get one started, but also buy whole shares of most of the stocks chosen by Warren Buffett's team at Berkshire Hathaway.

Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund launched on 12/16/1998.

What does Warren Buffett like? There are several obvious answers based on what is publicly known about the legendary investor -- for example, Cherry Coke and playing bridge.

Relief at the resumption of disinflation triggered the best day for U.S. stocks and bonds since the spring as Fed rate hike bets evaporated, eyes turned to softening retail numbers and a long-feared government shutdown was averted until next year at least.

The three major indexes have advanced from their bear market lows, but you may still be worried every time the market dips. After all, markets aren't completely predictable on a day-to-day basis, and additional declines are always possible. But before losing sleep about this, it'

When you think of successful companies and stocks, Apple (NASDAQ: AAPL) probably is one of the first to come to mind. The maker of the world-famous iPhone and a slew of other top products and services has seen its earnings climb into the billions of dollars over the past decade,

Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft, a government spokesperson said on Wednesday.

Berkshire Hathaway said on Tuesday it has shed its holdings in General Motors and Procter & Gamble, and trimmed its stake in Amazon.com, as the conglomerate controlled by billionaire Warren Buffett boosted its cash pile to a record $157.2 billion.

Target (NYSE: TGT), the second-largest discount chain in the U.S., is scheduled to report its fiscal third-quarter results on Wednesday, November 15. We expect Target’s stock to likely trade higher past Q3 results due to revenues and earnings beating expectations. The sto

Berkshire Hathaway, the conglomerate run by billionaire Warren Buffett, on Tuesday said it has made a small investment in the company that indirectly owns the Atlanta Braves baseball team, and eliminated its holdings in General Motors and Procter & Gamble.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Several hedge funds expanded their bets on big technology stocks including Amazon, Microsoft and Meta Platforms even as these companies stumbled some during the third quarter after having fueled broad market gains this year, new regulatory filings show.

Rivian Automotive ( NASDAQ: RIVN ) certainly isn't the most famous or well-capitalized electric vehicle (EV) maker. Yet, I believe Rivian's shareholders should stay on track and be patient. I am bullish on RIVN stock, but only for the long term, as Rivian's road to recovery will take some time. Headquartered in California, Rivian Automotive manufactures EVs, including electric commercial delivery vans. Believe it or not, Tesla ( NASDAQ: TSLA ) CEO Elon Musk predicted last year that Rivian would go bankrupt. Of course, Musk's dire prediction about Rivian should be taken with a grain of salt. After all, he's the head of a competing EV manufacturer. Still, Rivian has had its fair share of challenges, but a fresh round of data indicates that the automaker is doing better than the experts had anticipated. Rivian Looks Beyond Amazon Partnership In the history of the company's existence, Rivian's biggest win is probably a collaboration with e-commerce and product delivery giant Amazon ( NASDAQ:AMZN ). What could possibly be better for Rivian than an agreement to manufacture electric commercial delivery vans for Amazon? Just that deal, by itself, could sustain Rivian for a long time. On the other hand, it's understandable if Rivian's management doesn't want to be limited by its Amazon partnership.  Thus, it makes sense that Rivian is now allowing companies other than Amazon to purchase the automaker's custom-designed Rivian Commercial Van. To quote Rivian Automotive CEO RJ Scaringe, "We’re excited to open sales of our electric commercial van to more businesses."  Don't get the wrong idea here. Scaringe and Rivian will still work closely with Amazon. "Amazon is, and will remain, a key partner for us," the Rivian CEO assured.  In other words, Rivian Automotive will still help Amazon achieve its goal of decarbonizing last-mile package delivery, yet the automaker can also generate revenue by selling the Rivian Commercial Van to other businesses. You must agree; it's just great news all around for Rivian. Rivian Ramps Up Its EV Production Target Speaking of great news, Rivian recently published its shareholder letter for 2023's third quarter. Perhaps the best part of the letter is the disclosure that Rivian is raising its full-year 2023 EV production outlook.  Previously, Rivian had guided for production of 52,000 units. Now, the company expects to produce 54,000 units for the year. Rivian's management cited "the progress experienced on [its] production lines, the ramp of [its] in-house motor line, and the supply chain outlook" as reasons for the raised EV production guidance. That's not the only positive news. Rivian also improved its adjusted EBITDA guidance, citing "progress on cost management" while also lowering the company's capital expenditures (CapEx) guidance. What about Rivian's third-quarter 2023 performance, though? No worries there, as the company produced 16,304 EVs, a quarterly record for the company. Plus, that figure demonstrated excellent progress compared to the production of 13,992 vehicles in the second quarter and only 7,363 units in 2022's third quarter.  Musk would probably scoff at those production figures. However, Tesla also had to grow its operations over time. Currently, I believe there's no reason to assume that Rivian Automotive will go bankrupt. Getting back to the Q3-2023 results, Rivian reported revenue of $1.34 billion, beating the consensus estimate of $1.31 billion. Meanwhile, Rivian posted a quarterly per-share loss of $1.19. This is certainly better than Wall Street's consensus forecast that Rivian would lose $1.34 per share in the third quarter, and it's also better than last year's loss of $1.57 per share. It might bother some investors that Rivian Automotive is still a money-losing business. Musk would certainly point this fact out, but let's not be too harsh. Improvement, not perfection, is the name of the game. That's why patience is essential if you're going to invest in RIVN stock. Is RIVN Stock a Buy, According to Analysts? On TipRanks, RIVN comes in as a Moderate Buy based on 12 Buys, seven Holds, and one Sell rating assigned by analysts in the past three months. The average Rivian Automotive stock price target is $26.11, implying 54.5% upside potential. Conclusion: Should You Consider RIVN Stock? There's definitely a degree of risk if you're going to invest in Rivian stock. The company isn't profitable at the moment, but at least Rivian is doing better than the analyst community had anticipated. It's also notable that Rivian Automotive is raising its vehicle production outlook. This suggests that Rivian's management is confident about the automaker's future prospects. Therefore, if you don't mind taking a chance on a still-growing EV startup, feel free to consider RIVN stock. Disclosure