Tech giant Amazon plans to invest another $35 billion into its cloud division, Amazon Web Services, even though it has cut 18,000 employees. The tech company said on Jan. 20 the additional investment will expand its AWS data centers in Virginia and will take over a decade. The tech giant has already spent $35 billion in building data centers in the northern part of the state, employing 3,500 people on a full-time basis from 2011 to 2020, AWS said in 2021...
Continue ReadingWhile Target is a large company, it lacks the resources of its much-bigger competitors. So it has to get creative...
Continue ReadingWhen you think of buying in bulk, Costco, BJ's and Sam's Club probably come to mind. But savvy shoppers know that pallets full of outsized merchandise are waiting for shipment in Amazon warehouses,.....
Continue ReadingJanuary 23, 2023--Jennifer Connelly receives the IMDb STARmeter award at the 2023 Sundance Film Festival...
Continue Reading(Bloomberg) -- The death of the cheap-money era is redrawing Corporate America’s earnings map — upending a decade of Wall Street wisdom over which stocks are the bargain buys or the high fliers of tomorrow. Most Read from BloombergCitadel’s $16 Billion Win Tops Paulson’s Greatest Trade EverSuspect in Shooting Near Los Angeles Has Killed HimselfSpotify Will Cut About 6% of Jobs in Latest Tech LayoffsPrince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine MaxwellEurope Is Bracing for a Sharp,...
Continue ReadingWhen it comes to the stock market, sometimes the largest gains can be had by buying shares of quality companies after they've suffered steep price declines. Amazon's stock price was cut in half. The macroeconomic challenges that have dented Amazon's profitability are likely to prove temporary...
Continue ReadingQQQ ETF has outperformed the Dow Jones Industrial and S&P 500 in 2023. Find out if the outperformance of QQQ can continue to defy expectations and soar even higher...
Continue ReadingWarner Bros. Discovery's quality over quantity approach will be a key differentiator moving forward. See why WBD stock should see major upside moving forward...
Continue ReadingAmazon's Buy with Prime will be open to all U.S. retailers January 31. The trend from product-based revenue to service-based revenue continues. Read more here...
Continue ReadingLet's talk about a hot stock in the tech industry that's flying under the radar. There may be pizza and a movie at the end...
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