Earnings estimates for mega-cap tech stocks have risen despite weakness in the overall market as the Nasdaq 100 Stock Index ($IUXX ) (QQQ ) dropped to a 3-1/2 month low last Wednesday. Over the past three months, analyst 2024 earnings projections for mega-cap technology stocks, such as Amazon.com (AMZN )...
Amazon AMZN is leaving no stone unturned to bolster its presence in the autonomous vehicle space on the back of its self-driving arm, Zoox.This is evident from Zoox’s latest plans to establish a large-scale manufacturing facility
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. Stocks this morning are mixed as rising bond yields...
In today's video, I discuss the growth opportunities for Advanced Micro Devices (NASDAQ: AMD), Amazon (NASDAQ: AMZN), PayPal (NASDAQ: PYPL), and seven other companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.
The tech-heavy Nasdaq and the S&P 500 rose on Monday as most growth stocks gained, while investors awaited comments from Federal Reserve Chair Jerome Powell and more data this week to gauge the central bank's interest-rate path.
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Amazon (AMZN) one of those stocks right now? Let's take a closer look at the stock
Adobe ADBE launched Photoshop’s web version, which is available via Firefly-powered AI tools, generative expand and generative fill.Previously, these Firefly features were only available on the beta version of Photoshop. Now, they
Consumer stocks were leaning lower pre-bell Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) recently inactive and the Consumer Discretionary Select Sector SPDR Fund (XLY) down almost 1%.
As the calendar flips to the fourth quarter, investors still need to focus on 2023. The market is ripe with opportunity, and there are a few stocks that I'm planning on purchasing in October.
Wall Street index futures were subdued on Monday ahead of comments from Federal Reserve officials including Chair Jerome Powell, while investors looked forward to more economic data this week to gauge the central bank's interest-rate outlook.
Not long ago, there were no U.S. stocks worth $1 trillion. Apple broke that barrier back in 2018, and today, there are five that are worth $1 trillion or more. They are:
What is a data center? It's a dedicated building filled mostly with clusters of computer servers working in unison to complete tasks, and it's typically managed by tech giants like Microsoft and Amazon (NASDAQ: AMZN). Millions of businesses rent those data centers to store their
The past few years have been pretty action-packed for Amazon (NASDAQ: AMZN). The company's revenue soared during early pandemic days as people favored e-commerce over in-store shopping, and Amazon responded to that demand by doubling its fulfillment network.
Did you know that there is a small segment that Amazon (NASDAQ: AMZN) reports that's growing faster than all of its others, including Amazon Web Services (AWS) and even the lucrative advertising segment? It accounted for less than 1% of total sales in the 2023 second quarter, whi
Surging bond yields are rattling U.S. stocks, and some investors worry the richly valued shares of giant technology and growth companies may be another weak spot.
On April 27, image-browsing platform Pinterest (NYSE: PINS) announced a partnership with e-commerce giant Amazon (NASDAQ: AMZN). Since then, shares of Pinterest have dropped 3% in value -- the market doesn't appear to be impressed at all with the partnership.
After months during which rumors about looming regulatory action swirled, news broke on Tuesday that the Federal Trade Commission (FTC) and 17 states had filed an antitrust lawsuit against Amazon (NASDAQ: AMZN), charging that the company engages in anticompetitive practices.