A new Santa Claus rally is lifting Microsoft, Uber, Amazon stock and a sleigh full of other stocks to watch...
Continue ReadingNvidia has been the chip stock in vogue this year, with investors pushing the company past a $1 trillion market cap. Taiwan Semiconductor Manufacturing (NYSE: TSM), known as TSMC, supplies all the chip designers with the actual final products that go into smartphones, laptops, and data centers. While the company has lots of exposure to the AI chip boom -- including as a supplier of all of Nvidia's AI chips -- it has felt pressure from the downturn in semiconductors...
Continue ReadingThey are the latest big tech companies developing artificial intelligence models in a bid to challenge the market leaders...
Continue ReadingShares of EV truck maker Rivian surged after raising its production forecast for the year, and Amazon is reportedly developing a new artificial intelligence model. Here’s what investors need to know today...
Continue ReadingMore than a year after Amazon.com agreed to buy One Medical, an in-person and virtual primary care practice, the company is cutting the telehealth service's price for a second time for Prime members. Prime members can now add the virtual healthcare service to their subscriptions for an additional $9 per month or $99 annually, Amazon announced on Wednesday in a move to boost the platform's subscribers. Prime members can add up to five additional family members to their One Medical subscription for $6 per month for each family member...
Continue ReadingAmazon Prime members will be able to access US healthcare provider One Medical’s suite of benefits, for a fee, as the ecommerce company looks to expand its presence in the $4tn American healthcare industry. Prime members in the US who opt in will have access to unlimited, on-demand virtual healthcare via One Medical, the subscription-based group that Amazon acquired last year for $3.9bn. The addition to Amazon’s flagship Prime membership programme comes as the company looks to “stack” healthcare services together and broaden its reach in the sector, which would be “big for us if we do a good job”, said Neil Lindsay, senior vice-president of Amazon Health...
Continue ReadingSEATTLE, November 08, 2023--As part of its effort to make it easier for customers to get and stay healthy, Amazon (NASDAQ: AMZN) today announced a new Prime membership benefit that brings high-quality care from One Medical to Prime members. It’s a health care experience designed around customers, with a care team that’s on call and ready for members when and where they need them. One Medical, an Amazon company, has been reinventing the health care experience to make it easier for people to get t...
Continue ReadingIf you've followed Amazon since Jassy's takeover, it's clear it's been laser-focused on one item: efficiency. Now Chriss looks to do the same as he takes over from long-time PayPal chief Dan Schulman. As such, I am in the process of evaluating our most profitable growth priorities and aligning our resources to those priorities...
Continue ReadingThe latest investor updates on stocks that are trending on Wednesday...
Continue ReadingAfter reaching bear market lows a year ago, market indexes have had their ups and downs -- pushed lower by fears of interest rate hikes, then higher as certain companies reported solid earnings. Overall, though, the indexes have generally advanced as investors think ahead and aim to prepare for the next bull market. Why should we believe a bull market is on the way?...
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