Tech stocks finally seem to be waking up after a long slumber during 2022. The Nasdaq Composite (NASDAQINDEX: ^IXIC) is up 13% year to date through Feb. 17 as investors have responded well to signs of cooling inflation and the Federal Reserve's decision to slow interest rate hikes. On that note, here are two tech stocks that look ready to rally now...
Continue ReadingIt's not easy to lose $150 billion in two days, but Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) did just that earlier this month after investors began to absorb the threat from ChatGPT. The combination of Microsoft's (NASDAQ: MSFT) launch of its new ChatGPT-powered Bing search engine, and Alphbaet's own disappointing release of its competing product, BardAI, wiped 12% off of Alphabet's stock as the market reassessed the threat facing Google Search, the company's primary cash cow. While ChatGPT does have the potential to turn the tables in search, there's another, more insidious risk facing Alphabet that shouldn't be ignored...
Continue ReadingSEATTLE, February 22, 2023--Amazon Games and NCSOFT Reach Deal to Publish THRONE AND LIBERTY in the West and Japan...
Continue ReadingThese are the stocks posting the largest moves in midday trading...
Continue ReadingThe 2022 bear market was brutal for Amazon (NASDAQ: AMZN) shareholders. Fortunately, 2023 so far has been much kinder to Amazon and its shareowners. Investors are growing more optimistic that the worst is already behind Amazon, and they're betting that its powerful, long-term growth drivers will fuel a recovery that drives its stock price to new highs...
Continue ReadingIt turns out that raging inflation, closely followed by the Federal Reserve going on the warpath by rapidly raising rates in 2022, was terrible for both consumer confidence and Amazon's (NASDAQ: AMZN) retail business. At the same time, the Amazon Web Services (AWS) segment didn't fare much better, as companies expecting a downturn in the economy cut back on AWS cloud services to conserve cash in 2022. As a result of its primary two growth engines -- retail and AWS -- producing lackluster results, the company's consolidated fundamentals significantly deteriorated, and the stock dropped 50% last year...
Continue ReadingFor a long time, Amazon (NASDAQ: AMZN) was considered overvalued. Let's look at some critical factors for Amazon and determine why its stock represents a genuine bargain. It's pretty easy to see that Amazon's stock price has followed its revenue growth until lately...
Continue ReadingAt Walmart, boring is the new fabulous. The $390 billion retailing giant is a bellwether for consumer spending...
Continue ReadingEven Warren Buffett isn't immune to bear markets. Last year, some of the billionaire investor's most exciting picks delivered dismal returns. One of those players was e-commerce and cloud-computing giant, Amazon (NASDAQ: AMZN)...
Continue ReadingWhy did Home Depot stock slide on Tuesday? Earnings left room for improvement. Walmart warns shoppers are pulling back on spending. Backlash at Amazon, workers ordered return to the office...
Continue Reading© 2026 Market News — All rights reserved