Even though Amazon (NASDAQ: AMZN) has had an incredible start to the year (its stock is up 25%), it's nowhere near its historical valuation levels. That means there may be a lot of upside left in the stock. Considering that Amazon reported a mediocre quarter, the business hasn't
Data equipment company Vertiv (NYSE: VRT) and oil and natural gas equipment and services company Baker Hughes (NASDAQ: BKR) reported excellent first-quarter earnings in the latter half of April. In doing so, they dispelled investor fears and signaled that they were on course to d
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Amazon (NASDAQ: AMZN) and its investors have had a troubling couple of years, with 2022's economic downturn leading to declines in its e-commerce business and slowing cloud growth. The challenges dragged down its stock by about 50% last year, with its shares still down around 18%
Cloud computing stocks are a favorite among many technology investors, in part, because their market potential is massive. The global cloud computing industry will operate in a market estimated to grow to about $1.6 trillion by 2030, up from $524 billion right now, according to a
Akamai (NASDAQ:AKAM) is slated to report its Q1 FY’23 results on May 9. We estimate that Akamai’s revenue will come in at about $916 million for the quarter, slightly ahead of consensus estimates and about 1% higher compared to last year. We estimate that earning
French IT consulting group Capgemini on Thursday reported a weaker revenue growth in the first quarter of 2023, compared with a year-ago period, citing a tense economic environment with clients adopting a "wait-and-watch stance".
The end of a market-punishing rate hiking cycle may be in sight, but uncertainty over stock valuations and the economic outlook is keeping investors on alert for more turbulence ahead.
Edging out some nice gains this year all eyes are on Apple (AAPL) this week with the company set to release its fiscal second-quarter earnings on Thursday, May 4.
Ecuador received seven bids from four companies, including two from China and Canada, interested in developing a set of oilfields in its Amazon region, the energy ministry said on Wednesday, as the government looks to boost the country's oil output.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.
Wall Street's main indexes were muted on Wednesday as investors steered clear of big bets ahead of the Federal Reserve's policy decision later in the day, while regional banks took a breather after a steep selloff in the previous session.
The world’s largest mega-cap technology stocks have been in the spotlight after reporting better-than-feared results that lifted market sentiment last week. Four of the five biggest tech players — Microsoft MSFT, Amazon AMZN, Meta Platforms META and Alphabet GOOGL — came
Amazon (NASDAQ: AMZN) posted significant improvements in its first-quarter report last week. E-commerce sales are steadily increasing, cost-cutting is working, and management gave a bright outlook for the rest of the year.
Investors have been worried about the possibility of a recession since last year, but an economic downturn just got a bit more likely. The U.S. Federal Reserve recently predicted a mild recession would hit by late 2023. Other bodies of economists have already made similar forecas
Amazon (NASDAQ: AMZN) is the Swiss army knife of the technology sector. It operates in e-commerce, cloud computing, digital advertising, and even robotics. For that reason, the company is a great bellwether for the health of the consumer, the business sector, and the broader econ
We're in the midst of the period when companies issue their financial reports for the quarter that ended March 31, and Wall Street pros and regular investors alike are keeping a close eye on the results. With inflation falling but still elevated, and interest rates higher than th