It’s been just over a week since Microsoft MSFT reported its fiscal second quarter results with Q2 earnings of $2.93 a share topping the Zacks Consensus by 6% and sales of $62.02 billion beating estimates by over 1%.
Wall Street's enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chipmaker is not far behind Google-owner Alphabet.
After such a strong finish in 2023 and follow through at the start of 2024, investors are wondering when the correction is coming. While it is natural to expect some sort of pull-back I think investors would be best off not trying
Some of the world's top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about damage to firms exposed to the country and Beijing's ability to revive the world's second-biggest economy.
An ill-informed investor can lose cash if he wagers on a stock only on the basis of the numbers flashing on a real-time stock screen. A critical analysis of a company’s financial background is always required for a better investme
Amazon (NASDAQ: AMZN) is off to a great start in 2024. The e-commerce giant is making progress along all fronts of its multifaceted business, and its stock is up 66% over the past year.
Check Point Software Technologies Ltd. CHKP ended 2023 on a strong note by reporting overwhelming fourth-quarter results, wherein revenues and earnings both surpassed the respective Zacks Consensus Estimates and marked a significa
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
Despite Amazon (NASDAQ: AMZN) being a behemoth $1.65 trillion company at the end of January, the fourth quarter results released on Feb. 1 were so impressive that the stock rose nearly 8% the next day, adding another $125 billion to its market cap. For reference, that's like addi
Target is weighing a new paid membership program for its customers similar to Amazon and Walmart, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the U.S. software giant's cloud computing licensing practices, the trade group said on Wednesday.
The Nasdaq-100 technology index plunged into a bear market in 2022 on the back of a 33% loss for the year. But in its 37-year history dating back to 1986, the index has only fallen in consecutive years on one occasion -- from 2000 to 2002, when the dot-com tech bubble burst.
Microsoft is in talks with CISPE in an attempt to resolve its European Union antitrust complaint about the U.S. software giant's cloud computing licensing practices, the trade group said on Wednesday.
The global retail market generated $27 trillion in 2022 and is projected to hit $30 trillion this year, according to data from Statista. The industry is vast, including everything from grocery to consumer electronics, e-commerce, and more. As a result, it's not a bad idea to make
Snap (NYSE: SNAP) is scheduled to report its fiscal Q4 2023 results on Tuesday, February 6, 2024 (after market close). We expect the stock to beat the consensus estimates of revenues and earnings. The company posted better-than-expected results in the lasdt quarter, with r
A mentor of mine once passed down some simple yet profound advice. That is, “Pay close to institutional accumulation. Institutions are the main driver behind stock moves, not retail investors.”
Big Tech and media companies in the United States continue to announce fresh job cuts, a sign that the spate of layoffs seen in 2023 could persist as firms grapple with economic uncertainty.
Amazon.com will cut a few hundred jobs across its healthcare units, Amazon Healthcare Services executive Neil Lindsay said in a letter to employees on Tuesday.
The earnings season for FAANG stocks is over - and while Meta Platforms impressed markets with its earnings, Alphabet failed to win over investors yet again with its quarterly report. Here's a look at the latest takeaways on META, GOOGL, Apple, Netflix, and Amazon.