Astera Labs is poised for growth in the AI industry with its critical data center products and dominant market share in retimers. Read more on ALAB stock here...
Continue ReadingAnalysts have raised EPS estimates for Amazon's Q2, making it more challenging to beat expectations. Check here for AMZN's earnings preview here...
Continue ReadingAmazon Prime Day 2024 will run July 16 through July 17, with discounts on millions of items across 35 categories for Amazon Prime subscribers. The post Prime Day 2024: 4 things to know 4 days out appeared first on FreightWaves...
Continue ReadingThe sales event, which runs July 16-17, could be Amazon's biggest ever...
Continue ReadingArtificial intelligence has investors buzzing about new nuclear power plants. Sam Altman, Bill Gates and Jeff Bezos all play a role...
Continue ReadingAmazon.Com Inc (NASDAQ:AMZN) has made Rufus, its AI-powered shopping assistant, available to all U.S. customers in the Amazon Shopping app. Rufus aims to help users save time and make informed purchase decisions by answering shopping-related questions directly within the app. The availability coincides with Amazon’s Prime Day 2024 on July 16-17, which will likely accomplish $12.4 billion GMV, up by 12% year-on-year, and $7.9 billion retail sales, an increase of 11% year-on-year. Since its introd...
Continue ReadingAmazon (NASDAQ:AMZN) went public 30 years ago and is among the largest companies in the world. Valued at $2 trillion by market cap, the e-commerce giant has returned more than 160,000% to shareholders since its IPO (initial public offering) in 1997. Despite its outsized gains, I remain bullish on Amazon due to its expanding addressable market, expanding profit margins, and growing advertising business. AMZN stock has gained nearly 1,000% in the past 10 years. An Overview of Amazon Today, Amazon...
Continue ReadingAmazon released its chatbot shopping assistant; Mango's generated its new ads with AI; Freight Technologies moved into maritime and more...
Continue ReadingThe most recent Producer Price Index (PPI) data came out hotter than expected, showing a 0.2% month-over-month rise in prices, coming above expectations of only 0.1%. Alongside that, June's Consumer Price Index (CPI) data revealed a slowing in inflation, with a 0.1% drop month-over-month. According to multiple data points, inflation has been cooling, prices of goods have been dropping, rent inflation is improving, and cars are even getting cheaper. Yahoo Finance senior columnist Rick Newman joins Wealth! to break down some signs that suggest that the United States' inflationary period could soon come to an end. More Democrats have called for US President Joe Biden to step down as the Democratic candidate in the 2024 presidential election. While the election season is heating up, markets have not seemed to react to the polls. Yahoo Finance senior reporters Julie Hyman and Rick Newman joined to discuss historical trends in the market volatility index (^VIX) surrounding an election year, the general around both Biden's and Trump's candidacy for president, and how the 2024 election cycle may — or may not — affect broader equity markets (^DJI, ^IXIC, ^GSPC). Friday's release of Big Bank earnings has revealed a somber picture of consumer credit health. While there's been a slight dip in credit card delinquencies, the year-over-year figures show an increase in missed and late payments. Martin Lynch from the Financial Counseling Association of America joins Wealth! to help consumers prevent delinquencies. According to recent Freddie Mac data, mortgage rates are on a downward trend, hovering just below 7%. To provide insights on this development and its implications for the housing market, William Raveis Mortgage regional vice president Melissa Cohn joins the show to give insight into the housing market and why it may be time to buy a home. Traders are anxiously awaiting SEC approval for the first spot ether ETFs after spot bitcoin ETFs debuted at the beginning of 2024. For more expert insight and the latest market action, click here...
Continue ReadingNvidia stock has seen a remarkable increase of over 3,000% in the past 5 years. See why I rate NVDA as a strong buy...
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