Amazon.com analysts are largely upbeat about the e-commerce company despite concerns over the near-term performance of its cloud-computing business, Amazon Web Services. In a Friday research note, Oppenheimer analyst Jason Helfstein cut his estimate of AWS’s revenue for the fourth quarter of 2022 and all of 2023 by 1% and 3%, respectively, citing the uncertain outlook for the economy. In the third quarter, AWS had sales of $20.5 billion, while the total for the whole company was $127.1 billion...
Continue ReadingImax (IMAX) plans to expand its theatrical presence in India by adding six cinema halls after witnessing growth in its box office in 2022...
Continue ReadingLike other tech giants, Alphabet was battered in 2022 and has been quiet about cost-cutting plans. Click to read my analysis of GOOG and its prospects for 2023...
Continue ReadingUnderstandably, investors will want to know which is the better buy, Amazon (NASDAQ: AMZN) or Microsoft (NASDAQ: MSFT). This video will answer that question. *Stock prices used were the afternoon prices of Jan...
Continue ReadingAnalysts think that Wall Street is too pessimistic on beaten-up names such as Amazon, and that expanding breadth in a global rally will lift big tech stocks...
Continue ReadingTarget's forward guidance does not inspire confidence at a tragic operating margin of 3%. See why we recommend a buy for TGT stock...
Continue ReadingCovered call funds have been embraced for their income potential and QQQX is no different. Read our analysis why we think QQQX is easy to sell...
Continue ReadingRental rates for warehouses shot up by nearly 32% in Broward County as the overall South Florida industrial sector continues to heat up. According to preliminary figures from Colliers International (Nasdaq: CIGI), the average asking rent for warehouse and distribution space in Broward County was $13.60 per square foot in the fourth quarter of 2022, a hike of 31.66% from the previous year. Broward County's fourth quarter warehouse asking rents were higher than the average $12.90 per square foot that Miami-Dade warehouse landlords request, or the average asking $12.07 per square foot rent in Palm Beach County...
Continue ReadingThe market downturn has been brutal. The Nasdaq Composite index fell 27% over the last year. As frustrating as these steep declines can be, history shows that investors get their best returns by buying stocks when everyone else is throwing in the towel...
Continue Reading"My wife and I didn’t give Amazon any money in 2022. It was deliberate, yes, but if it was in protest of anything, it was in protest of ourselves."...
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