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U.S. stock indexes rose on Friday after jobs data showed a moderation in wage growth, boosting bets that the Federal Reserve will skip hiking rates this month, while investors cheered the country averting a catastrophic debt default.

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 exhi

Streaming giants Netflix, Amazon and Disney on Friday privately discussed a possible legal challenge and other ways to stall India's new tobacco warning rules, amid fears they will need to edit millions of hours of existing web content, sources said.

Just today, artificial intelligence (AI) tricked me. I was listening to YouTube when a great cover of "Goodbye Yellow Brick Road" by Paul McCartney caught my attention.

Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Invesco S&P 500 Top 50 ETF (XLG) is a passively managed exchange traded fund launched on 05/04/2005.

Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by a surge in investor interest in artificial intelligence, according to BofA Global Research released on Friday.

E-commerce companies took a hit last year as inflation caused reductions in consumer spending. Many of the sector's most prominent players experienced steep stock declines as a result.

Amazon (NASDAQ: AMZN) is looking to return to operating income growth in 2023 after its bottom line shrank by half last year.

When the going gets tough on Wall Street, investors often turn their attention to the FAANG stocks.

The India and South Asia head of Amazon.com Inc's cloud division, Puneet Chandok, has resigned with effect from August 31, the company said on Friday.

The head of Amazon.com Inc's cloud division, Amazon Web Services, in India and South Asia, Puneet Chandok, has resigned, a company spokesperson told Reuters on Friday.

The hefty weight of tech megacaps, strange reporting rules for an upcoming OPEC meeting and more pain for consumers and businesses Down Under - these are just some of the topics preoccupying markets as they approach the halfway point of 2023.

Two tech stocks receiving considerable attention from Wall Street going into their quarterly reports yesterday were Salesforce (CRM) and C3.ai (AI).

The NASDAQ 100 After Hours Indicator is up 16.7 to 14,458.21. The total After hours volume is currently 83,574,527 shares traded.The following are the most active stocks for the after hours session: Bank of Hawaii Corporation (BOH) is unchanged at $40.00, with 4,977,634 shares t

Tech stocks rose Thursday with the Technology Select Sector SPDR Fund (XLK) gaining 1% and the Philadelphia Semiconductor index up 1.6%.

Competition in the electric vehicles (EV) market is getting intense, with emerging players and established automakers aggressively moving ahead to capture market share. Leading EV maker Tesla ( NASDAQ:TSLA ) slashed its prices earlier this year to boost sales, as it is facing rising competition in key markets. In fact, Chinese EV maker BYD ( BYDDY ) delivered more vehicles than Tesla last year. Here, we will use TipRanks’ Stock Comparison Tool to place American EV maker Rivian ( NASDAQ:RIVN ) against Elon Musk-led Tesla to select the better EV player. Rivian Heading in the Right Direction California-based Rivian currently manufactures R1T pickup trucks and R1S SUVs. It also produces electric delivery vans (EDVs) for Amazon ( NASDAQ:AMZN ), under an agreement for 100,000 EDVs. RIVN investors have been worried about issues related to production ramp-up, product recalls, and significant cash burn. Rivian’s recently reported first-quarter results provided investors some relief, as the company reported lower-than-expected losses. Revenue surged 596% year-over-year to $661 million. Moreover, Rivian reaffirmed its 2023 production guidance of 50,000 vehicles, which represents more than 100% increase compared to last year. The company is also optimizing its cost structure and improving its operating efficiency. Despite growing rivalry in the EV market, Rivian is confident of maintaining prices as it believes that its vehicles have superior batteries, better performance, and premium features.    Compared to Rivian, Tesla is a well-established, larger player in the EV market, known for its cutting-edge technology, solid margins, and impressive cash flows. In 2022, Tesla’s revenue grew 51% to $81.5 billion and the company generated free cash flow of $7.6 billion. In comparison, Rivian generated a negative free cash flow of $6.4 billion in 2022. Its gross profit continues to be in the red. Overall, Rivian is taking efforts to enhance its productivity and improve its financial position. Nonetheless, there is a long road ahead for the company to reach where Tesla stands currently. Let’s have a look at Wall Street’s ratings for these two stocks.   Is Rivian a Good Stock to Buy? Following the Q1 results earlier this month, Goldman Sachs analyst Mark Delaney highlighted the “handful of positives” in the quarter, including Rivian’s efforts to reduce its cost of goods sold per vehicle and outlook to deliver positive gross profit in 2024. While the analyst continues to believe that Rivian offers attractive vehicles, he thinks that the company will have to “necessitate good execution” to meet its profit targets, given the rising competition. Additionally, Delaney thinks that Rivian’s cash usage could weigh on its valuation in the current capital markets backdrop. He reduced RIVN’s price target to $16 from $18 and reiterated a Hold rating on RIVN. Overall, Wall Street is cautiously optimistic on Rivian stock based on 10 Buys, six Holds, and one Sell. The average price target of $23.59 implies 60.2% upside. Shares have declined 20% year-to-date. Is Tesla a Buy, Hold, or Sell? Recently, Oppenheimer analyst Colin Rusch visited Tesla’s factory in Austin, Texas. Rusch said that with the Austin production accelerating from the levels noted at Tesla’s analyst day, he sees the company investing in innovations to support “scaling, increased simplicity, and geopolitical derisking of its supply chain.” The analyst believes that Tesla’s efforts, mainly related to lithium refining, vehicle simplicity, materials optimization, and software learning cycles, remain well ahead of competitors. However, Rusch reiterated a Hold rating on TSLA, citing concerns around its automotive gross margins as the company continues to grow its share of global light-duty vehicles. Overall, Wall Street’s Moderate Buy consensus rating on Tesla stock is based on 14 Buys, 12 Holds, and four Sells. The average price target of $197.35 indicates a possible downside of 3.2%. Shares have jumped 66% so far in 2023. Conclusion Amid macro pressures and heightened competition, Wall Street is cautiously optimistic on Rivian and Tesla. Rivian has clearly much to prove in terms of efficiently boosting its production and addressing the elevated levels of cash burn. Given Tesla’s year-to-date rally, Wall Street’s average price target doesn’t indicate further upside in the stock. Meanwhile, the pullback in Rivian shares offers an opportunity to build a position in the emerging EV player. However, investors should be aware of the risks associated with Rivian.   Disclosure

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Veeva Systems Inc (Symbol: VEEV), where a total volume of 11,759 contracts has been traded thus far today, a contract volume which is representative of approxim

Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the Philadelphia Semiconductor index up 1.7%.

One of retailers' biggest enemies is rising inflation. And that's one of the key elements that hurt e-commerce giant Amazon (NASDAQ: AMZN) last year. It did this in two ways.

EU antitrust regulators will decide by July 6 whether to clear Amazon.com Inc's $1.7 billion acquisition of the maker of robot vacuum cleaner iRobot Corp, according to a European Commission filing on Thursday.