There's a reason people consistently come back and shop on Amazon instead of with smaller online retailers: It's a better experience. It's that superior experience that Glenn Fogel, the CEO of Booking Holdings (NASDAQ: BKNG), is trying to build for his company's websites in the travel industry. Despite its leading market share, Booking grew its gross bookings faster than the competition in the second quarter, up 15% year over year...
Continue ReadingGrowing 40% or more in a year is impressive for any stock. For a trillion-dollar company, it's quite a feat...
Continue ReadingWith that in mind, here are two well-established tech companies that investors can buy and hold for the next five years. The first company is one of the largest tech companies in China: Tencent Holdings Limited (OTC: TCEHY). The conglomerate has an extensive business empire covering areas such as social media networking, gaming, entertainment, fintech, and cloud computing...
Continue ReadingThis story was first published on the Benzinga India portal. The e-commerce behemoth, Amazon.com Inc. (NASDAQ: AMZN), is making moves to enter India's rapidly growing satellite communications (satcom) market. Reports suggest that Amazon has sought approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe) for its plan to introduce broadband-from-space services in India. This move, if approved, would position Amazon alongside key players such as Elon Musk's Starlink, Bh...
Continue ReadingThis article covers escalating Middle East tensions and resulting defense stock moves, UAW strike at Mack Trucks, Europe's scrutiny of Apple & Microsoft, Country Garden's default warning...
Continue ReadingThe expanding dominance of the...
Continue ReadingRetailers are betting that heavy promotions will entice shoppers to open up their wallets, especially since consumers have become value-oriented...
Continue ReadingAlphabet's (GOOGL) Google intends to launch Assistant with Bard, to integrate generative AI capabilities with its virtual assistant...
Continue ReadingWall Street is highly bullish on Amazon (NASDAQ: AMZN) stock right now. There are some good reasons for this rally, including Amazon's strong positioning in attractive global markets like e-commerce and cloud computing. On the other hand, the company hasn't been impressing investors with strong profits in recent years...
Continue ReadingMercadoLibre (NASDAQ: MELI) may not be a household name in the U.S., but investors in the know are likely familiar with this e-commerce stock. Let's take a look at reasons why you should buy, sell, or hold MercadoLibre stock. The company has a long track record of delivering rapid revenue growth, and it continues to do so today...
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