Tag AMZN
Global spending on cloud infrastructure is rising, and AWS remains a dominant player with a 32% share. Read more on cloud computing stocks here...
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Kenneth Fisher's 13F portfolio value increased by approx. 10% to $181bn in Q2 2023. Check out Fisher Asset Management's holdings and trades for the quarter...
Continue ReadingWant to make the most of your Prime membership? Read on for some great deals you can snag this month...
Continue ReadingToss in Amazon, which is leaving for Met Park, and the National Landing office retention rate drops to 33%...
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Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp's Arm Ltd ahead of its initial public offering (IPO), people familiar with the matter said on Tuesday. Amazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazon Web Services, the internet giant's cloud business, makes its own processing chip called Graviton, using Arm's design...
Continue ReadingApparently constrained again by only having one Prime Day, Amazon is taking a page out of its 2022 handbook and is offering another Prime Day series in October, just before the holiday shopping season...
Continue ReadingAmazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season...
Continue ReadingIn a recent Roundup, we shared rumblings that Action Alerts PLUS holding Amazon would have a second Prime Day event later this year, much the way it did last year. Amazon's timing could be spot on and this event should pull forward consumer spending similar to how the July 2023 Prime Day did the same for retail sales and the current 2023 Back to School shopping season. The timing should also set Amazon up in a position to offer favorable guidance for the December quarter...
Continue ReadingThe AI hype isn't over for the world's largest tech companies. Yahoo Finance Senior Tech Reporter Dan Howley explains how big tech companies "continue to mention AI as a either reason for growth or potential for growth." Howley mentions Meta, Alphabet, Intel and other big players who've made it a point to emphasize AI's potential...
Continue ReadingTech stock gains are driving Nasdaq growth in 2023. Besides AI adoption, tech leaders' willingness to cut back on capital expenditures may be driving this rally. Yahoo Finance Tech Reporter Allie Garfinkle explains the ways tech giants such as Amazon (AMZN), TSMC (TSM), and Meta are reducing their CapEx and how investors should reconsider their definitions of growth amid cost-cutting strategies...
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