Shopping app Temu is taking off in the U.S., a development being monitored by analysts that follow Amazon.com...
Continue ReadingRivian now expects to build about 52,000 vehicles in 2023, more than twice the number it made in 2022...
Continue ReadingNvidia's H100 AI chips are getting turned on for general availability by big cloud giants like Amazon and Microsoft...
Continue ReadingAmazon has several strengths to leverage to stay competitive in the AI race. Click here to find out why AMZN stock is rated as a hold...
Continue ReadingUnited Parcel Service (UPS) reported mixed results for its second quarter with adjusted earnings beating expectations, but revenue missing estimates. What do these earnings tell investors about the state of the consumer? Miller Tabak Managing Director and Equity Strategist Matt Maley tells Yahoo Finance Live “we’re just getting a lot of mixed signals” from the consumer. Maley explains how “the concern is not so much that the consumer is going to implode, but it does start to soften with credit card debt at all time highs and savings rate having come down from the level we saw at the pandemic. I mean, are they going to be strong enough to fuel further gains going forward?”...
Continue ReadingLast quarter's bottom-line growth is just a taste of what's to come now that costs are being curbed...
Continue ReadingWarren Buffett is widely regarded as one of the most successful investors of all time, and for good reason. Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are both no-brainer picks this month. Berkshire Hathaway, under the direction of Buffett protégés Ted Weschler and Todd Combs, began buying Amazon shares in 2019...
Continue ReadingSlowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits...
Continue ReadingAmazon Web Services committed $20 million to fund a cyber grant program for school districts and state departments of education...
Continue ReadingI love using Amazon's Subscribe and Save service for two key reasons. Learn what they are and how they can help you too...
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