Meta Platforms and Amazon are part of the Zacks Investment Ideas article...
Continue ReadingCongress scrambles to prevent government shutdown, JPMorgan’s Jamie Dimon warns of 7% interest rates, and other news to start your day...
Continue ReadingAt a time when Bitcoin (CRYPTO: BTC) is up a head-spinning 60% for the year, and several popular altcoins are up more than 50% for the year, the underperformance by other top cryptocurrencies is particularly jarring. Two names that stand out for me are Avalanche (CRYPTO: AVAX), down 20% for the year, and Polygon (CRYPTO: MATIC), down more than 30% for the year. Let's start with Avalanche, which first burst into prominence as a potential Ethereum killer back in 2020...
Continue ReadingA lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as soon as this week, adds to a slew of legal challenges exposing the retail giant to billions of dollars in potential damages. U.S. state and federal courts are grappling with cases relating to competition law that focus on Amazon's pricing practices, fulfillment centers and the company's relationships with major book sellers. California and District of Columbia attorneys general have sued Amazon.com over its product pricing policies, accusing it of unfairly barring merchants from offering lower prices on their own websites or at rivals such as Walmart, Target and Costco...
Continue ReadingAmazon is improving its competitive position against Microsoft and Google in the race to leverage A.I. Find out why we maintain our buy rating on AMZN stock...
Continue ReadingAmazon (NASDAQ: AMZN) has soared more than 50% so far in 2023. Investors wanting to buy the stock shouldn't have a hard time finding a justification for doing so. On Sept. 22, 2023, Amazon announced that its Prime Video streaming service will begin including advertisements beginning in early 2024...
Continue ReadingOver the past week, rumors have been circulating on the internet that may have caused some artificial-intelligence (AI) winners like Nvidia (NASDAQ: NVDA) to sell off. Last week, the Taiwan Business Times cited "rumors in the market" that Microsoft (NASDAQ: MSFT) CoPilot subscriptions were not as strong as originally forecast, and that ChatGPT usage was down over the summer...
Continue ReadingIn today's video, I discuss Amazon (NASDAQ: AMZN) and its recent AI investment. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of September 25, 2023...
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