Tag AMZN
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When DigitalOcean (NYSE: DOCN) went public two years ago, many investors were skeptical of its strategy of providing cloud infrastructure platform services to small and medium-sized businesses. After all, the market was already dominated by cloud behemoths like Amazon Web Services (AWS). Its stock soared to an all-time high of $130.26 at the peak of the buying frenzy in growth stocks in November 2021, but it subsequently slid back to about $46...
Continue ReadingInvestors heavily exposed to equities will like the cooler June 2023 consumer price index (CPI) report. Find out where the S&P 500 is headed after this report...
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ClearBridge Dividend Strategy participated well in the risk-on second quarter. Click here to read the full fund letter...
Continue ReadingThe Nasdaq 100 index, tracked by QQQ, is set to undergo a special rebalance due to its top holdings becoming overweight. See why QQQ ETF is a Hold...
Continue ReadingA massive 27% of float is now confidently short the DISH Network, as sales and profitability flounder. Read more to see why DISH stock is a Hold...
Continue ReadingAmazon's shares have rallied this year, but concerns remain over the company's ability to control costs. Read more to know why we remain cautious on AMZN stock...
Continue ReadingA key way that Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs Amazon Web Services (AWS) is good at lowering, said Dilip Kumar, vice president overseeing its applications group. A potential boost is that the company, like Google, has proprietary chips for AI...
Continue ReadingA key way that Amazon's cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs Amazon Web Services (AWS) is good at lowering, said Dilip Kumar, vice president overseeing its applications group. A potential boost is that the company, like Google , has proprietary chips for AI...
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