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It hasn't been easy to be an Amazon (NASDAQ: AMZN) investor in recent years, with its stock soaring to record heights amid COVID-19 lockdowns in 2021 and then crashing back down as it faced macroeconomic headwinds the following year. The company has delivered an impressive comeback in 2023, with its shares up about 75% since Jan. 1 as its e-commerce business returned to profitability and it rallied Wall Street with a burgeoning artificial intelligence (AI) business. The company has introduced several cost-cutting measures over the last year that have strengthened its business...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingApple has told India its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the U.S. tech giant lobbies for an exemption or delay. India wants to implement a European Union rule that will require smartphones to have a universal USB-C charging port, and has been in talks with manufacturers about introducing the requirement in India by June 2025, six months after the deadline in the EU. While all manufacturers including Samsung have agreed to India's plan, Apple is pushing back...
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Alphabet (Google) and Upstart are at opposite ends of the risk spectrum, but both offer a great way for investors to play the AI revolution...
Continue ReadingThe Magnificent Seven stocks have surged on their perceived benefits from artificial intelligence...but they're not the only ones...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue ReadingThe labor conflict against Tesla in Sweden is spreading to neighboring Denmark where transport workers with the country’s largest trade union said Tuesday they will take action in solidarity with Swedish workers against the Texas-based automaker. Tesla is non-unionized globally, but the Swedish workers are demanding that the carmaker sign a collective bargaining agreement, which most employees in Sweden have. Tesla has no manufacturing plant in Sweden but has several service centers...
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