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All three major US stock indexes were up in late-morning trading on Wednesday as investors awaited t...
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Tesla (TSLA) unveiled cheaper versions of its Model Y and Model 3 electric vehicles on Tuesday, both being dubbed the Standard editions, in a move to boost sales after the expiration of the EV tax credit in the US. Elon Musk's company reported record deliveries for its EVs last week CFRA analyst Garrett Nelson discusses why Tesla could see EV sales fall off in the fourth quarter and why the new vehicle announcement may have disappointed investors. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts...
Continue ReadingNEW YORK (Reuters) -Amazon said on Wednesday its pharmacy business in December will begin filling some prescriptions for common medications at electronic kiosks in its One Medical primary care locations, which the company says will reduce barriers to access and limit shipping costs. Amazon plans to start the offer with One Medical patients in Los Angeles for drugs including antibiotics, asthma inhalers and treatments for high blood pressure, the company said. The kiosks will be the first in-person pick-up service offered by Amazon Pharmacy, which has been providing prescription services primarily by delivery, said Hannah McClellan Richards, a vice president at Amazon Pharmacy...
Continue ReadingAMZN's UPI Circle push into India's booming digital payments market shows promise, but fierce competition and modest revenue contribution suggest investors hold or wait...
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We came across a bullish thesis on Applied Optoelectronics, Inc. on Value Degen’s Substack’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on AAOI. Applied Optoelectronics, Inc.’s share was trading at $26.34 as of September 25th. AAOI’s forward P/E was 84.03 according to Yahoo Finance. Applied Optoelectronics (AAOI) stands out as […]...
Continue ReadingWith Amazon and Bad Bunny now backing “Made in PR,” can it move past symbolism and translate into sustainable supply chain growth for the island?...
Continue ReadingTechnology giants such as Microsoft (MSFT), Alphabet (GOOG, GOOGL), and Amazon (AMZN) riding the wav...
Continue ReadingTesla's rolling out cheaper versions of its Model 3 and Model Y but not everyone is enthused. Ross Gerber, Gerber Kawasaki Wealth & Investment Management President & CEO joined Bloomberg Open Interest to talk about why he thinks the price cuts are a sign of weakness, as fading tax credits and slowing demand force Tesla's hand...
Continue ReadingIBM has announced an AI partnership with Anthropic. Here’s where the options data suggests IBM shares are headed next...
Continue ReadingAMD just scored a massive artificial intelligence (AI) deal with OpenAI. But there's a catch that investors need to understand...
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