Tag AMZN

Amazon’s founder stands by his words, calling out the decline in media trust...

The e-commerce behemoth has teamed with Google to file parallel lawsuits against BigBoostUp.com and its owners and operators...

We recently compiled a list of the 10 AI News Investors Should Not Miss. In this article, we are going to take a look at where Amazon.com Inc (NASDAQ:AMZN) stands against the other AI stocks you should not miss. Tom Hainlin, national investment strategist at US Bank Asset Management Group, states that the two things […]...

Amazon is extending the availability of its AI-enabled shopping assistant, Rufus, to more markets in Europe and the Americas. The ecommerce giant has been widely considered to be playing catchup with its Big Tech brethren in the AI sphere, particularly against the backdrop of the generative AI hype these past couple of years. Rufus is one of the ways Amazon is showing that it's up for the game. Key features the tool offers include product search support, product comparisons, and recommendations...

Investing.com -- Blue Duck Capital, an investment manager and long-term Amazon (NASDAQ:AMZN) shareholder, issued an open letter to the company's board on Tuesday, urging action to address "the lackluster performance" of the stock...

Alphabet (GOOG, GOOGL) will report earnings after the bell, kicking off Big Tech earnings with Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) to follow. Barclays head of US equity strategy Venu Krishna sits down with Seana Smith and Brad Smith on Morning Brief to discuss what investors need to see from Big Tech companies' quarterly results and the broader market impact. The strategist explains that he expects Big Tech companies’ earnings to moderate from their recent rapid growth. “Everybody keeps focusing nowadays on [the] broadening of earnings and how Big Tech moderating is not necessarily bad. That's the half-glass-full kind of situation.” “Historically, when Big Tech multiples have corrected, correlations have increased with the rest of the market. So, in other words, you're not immune outside.” He notes that the expectations for Big Tech have been set high, given their overperformance in recent quarters. Krishna says an earnings beat 5% to 6% above Wall Street estimates is “reasonable,” while “Anything less than that, I would be disappointed. Anything above that is phenomenal. They will be back in complete control compared to the rest of the market.” To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan...

Artificial intelligence will likely be a major theme in the coming set of corporate earnings, just as it has been in the past few quarters. The AI investment cycle looks to be here to stay. In the June quarter, megacaps such as Apple Meta Microsoft Amazon and Alphabet didn’t have typical stock reactions...