Amazon (AMZN) shares are trading near their recent record high of $200, achieved at Tuesday's market close. This milestone comes after the company surpassed the $2 trillion market capitalization mark. Yahoo Finance Tech Editor Dan Howley breaks down the factors propelling Amazon's growth alongside CEO Andy Jassy's strategic initiatives since taking the helm from founder Jeff Bezos. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith...
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Continue ReadingWe recently compiled a list of Billionaire Phillipe Laffont’s Top 10 “Mostly AI” Stock Picks. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against Philippe Laffont’s other stock picks. Billionaire Philippe Laffont is a Founder & Portfolio Manager at Coatue Management, L.L.C. His fund’s top 10 holdings […]...
Continue ReadingAmazon stock hit its highest point ever, a good sign for CEO Jassy, who will have been in the job for three years as of Friday. Plus, Apple gets a board observer slot at OpenAI...
Continue ReadingThis is what could happen next to Amazon shares...
Continue ReadingWe recently compiled a list of the 10 Best Consumer Cyclical Stocks To Buy Now. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other consumer cyclical stocks. Consumer cyclical stocks are highly correlated with the economic cycle. Ideally, you’d want to buy them near the […]...
Continue ReadingThe Dow Jones dropped on the stock market today amid a speech from Fed Chair Jerome Powell. Tesla stock jumped on deliveries...
Continue ReadingAmazon's management expects a significant increase in capex growth YoY in FY2024. Find out why I downgrade AMZN stock from a buy to a hold...
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