U.S. stocks were mixed on Friday, losing momentum as the session progressed as investors digested a hectic week of mixed earnings, and economic data that seemed to support the "higher for longer" interest rate scenario. The Nasdaq advanced, with tech and tech-adjacent momentum stocks such as Amazon.com and Microsoft Corp providing much of the heavy lifting, while the benchmark S&P 500 and the Dow Jones Industrial Average lost ground...
Continue ReadingShares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines...
Continue ReadingOnce you understand this quarterly report, you can see how it really shines. But would I add here? Let's see......
Continue ReadingThree big tech companies -- Microsoft, Alphabet and Amazon -- are at the forefront on the cloud and AI business. But they see uneven cloud and AI growth. Should you thus buy cloud ETFs instead of single stock picking?...
Continue ReadingCartograh and TRAC Intermodal CEOs to be featured next week. The post Upcoming shows feature experts on Amazon and intermodal appeared first on FreightWaves...
Continue ReadingU.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates...
Continue ReadingThe stock market correction intensified, with the major indexes all hitting fresh lows. Microsoft, Google, Amazon and Meta led key earnings...
Continue ReadingAmazon’s shares are popping nearly 9% on Friday, which could end up being the stock’s best day in nearly a year. The e-commerce giant’s [third-quarter results](https://www.wsj.com/tech/amazon-amzn-q3-earnings-report-2023-9919947b) late Thursday initially took the stock down about 3% in after-hours trading. Investors worried that lower-than-expected revenue from the AWS cloud business was a sign of weakness in the [new world of artificial intelligence](https://www.wsj.com/tech/ai/microsoft-gets-another-leg-up-on-google-in-ai-race-67013c43)...
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Continue ReadingAmazon's (AMZN) third-quarter results reflect strength in AWS, Prime, third-party sellers and advertising businesses...
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