Amazon's management believes weakness in AWS has reached a bottom. Check out why I reiterate my strong buy rating on AMZN stock...
Continue ReadingEastGroup, a company specializing in multi-tenant distribution buildings, could be a prudent investment option in a market downturn. Read more on EGP stock here...
Continue ReadingAmazon is hardly getting out of the hardware business. In fact, Alexa even seems to be getting a bit of a promotion. It came about 10 months after The Wall Street Journal reported that Amazon’s hardware business was under scrutiny by the company’s higher-ups looking for areas to cut costs...
Continue ReadingCompany attempts to boost demand for home assistant device after broader cuts in its hardware division...
Continue Reading(Bloomberg) -- Amazon.com Inc. is scrapping a planned fee on merchants that don’t use its shipping services, according to documents reviewed by Bloomberg. Most Read from BloombergVegas’ Newest Resort Is a $3.7 Billion Palace, 23 Years in the MakingFed Set to Pause Rate Hikes, But Don’t Count Out Another IncreaseTrudeau’s Murder Claim Risks Upending US Courtship of IndiaDollar Rally Is Crushing One of the Most Popular Trades of 2023The abrupt reversal suggests the company is being more cautious a...
Continue ReadingWhile Amazon aims to bring on 250,000 seasonal employees, others employers aren’t raising hiring levels, and some haven’t even set targets yet. By one estimate, that could result in slowest holiday hiring since 2008...
Continue ReadingAmazon has unveiled a slew of gadgets and an update to its popular voice assistant Alexa, infusing it with more generative AI features to better compete with other tech companies who've rolled out flashy chatbots. During a demonstration at the company's second headquarters in Arlington, Virginia on Wednesday, Amazon’s devices chief Dave Limp said the latest language model will allow consumers to have more human-like conversations with a “smarter and more conversational” Alexa. The company showed different interactions through a pre-recorded video and a live demo where Alexa responds to prompts to write a poem, give ideas for a date night and provide a breakdown of a football game...
Continue ReadingThis year's holiday hiring spree by e-commerce giant Amazon bodes well for AMZN stock, says a Bank of America analyst...
Continue ReadingAmazon.com Inc on Wednesday unveiled a slate of new and refreshed devices and updated its Alexa voice assistant with generative artificial intelligence to attract users to the unprofitable product as competition grows from chatbots like Google's Bard. Alexa will converse more naturally, losing its robotic tone of nearly a decade, and answer questions like the start time for football games and recipe ideas. It will also be able to compose and recite poems, Amazon showed at the company's annual product launch in Arlington, Virginia...
Continue ReadingEaton Vance Tax-Advantaged Global Dividend Opportunities Fund offers a high yield, attractive valuation, and potential for growth. Learn more on ETO CEF here...
Continue Reading© 2026 Market News — All rights reserved