Tag AMZN

On today's episode of Asking for a Trend, Host Josh Lipton breaks down the major market trends of the trading day. As inflation has put consumers under pressure, Lightspeed CEO Dax Dasilva provides insight into Americans' dining preferences. A recent Lightspeed survey found that 51% of respondents plan to dine out at the same rate or more frequently in the next six months. He argues that Americans love dining out, pointing to the 81% who dine out at least once a month and 39% who eat out at least once a week. Meanwhile, the results of the Federal Reserve's latest bank stress test results show all 31 of the nation's largest banks could continue to lend in the event of a severe recession. Yahoo Finance's Jennifer Schonberger breaks down the results and what it means for investors. Yahoo Finance's Josh Schafer joins the show to break down his biggest takeaways from the trading day, from Amazon's (AMZN) $2 trillion market capitalization to the upcoming weekly jobless claims data. As part of Yahoo Finance's Space Race: Investing in the Final Frontier series, Varda Space Industries Co-Founders Will Bruey and Delian Asparouhouv sit down with Akiko Fujita to give insight into the advantages of pharmaceutical research in microgravity. Bruey outlines how microgravity works and how the company is utilizing it here on Earth, explaining, "It's ubiquitous and it's impossible to create in perpetuity on Earth. And so we essentially are building space manufacturing modules because we can change the outcome of chemical systems like no one else can on Earth." Finally, S&P 500 (^GSPC) performance and breadth have hit one of the biggest dislocations in 30 years. Fundstrat Global Advisors managing director Mark Newton tells Yahoo Finance's Julie Hyman, "It doesn't have to mean that the market is going to go into a correction or roll over. Those tech stocks can continue to go up and that divergence can get wider and wider, similar to what we saw back in 2021. However, we can also see what I think is going to happen is as a start of the broader market to play catch up. And we've seen a little bit of that in financials over the last week." This post was written by Melanie Riehl...

The major indexes rose slightly Wednesday as Tesla and Amazon broke out. Micron tumbled late on earnings, hitting chip stocks...

Yahoo Finance's Josh Schafer joins Asking for a Trend to break down his biggest takeaways from the trading day. Amazon has reached a $2 trillion market capitalization for the first time, making it the fifth tech company in the US to do so. Schafer is also focused on weekly jobless claims. The data is set to be released Thursday at 8:30 a.m. ET, and he notes that the last month of data has been higher. He explains that another hotter-than-expected print could be cause for concern: "As people get laid off, they're going to go and file for unemployment benefits at some point, most likely. So you start to get a little bit more sense of what's actually happening. This is one of the key indicators when people talk about recession risk, if jobless claims tick up. That's where the big concern hits." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl...

US equities (^GSPC, ^DJI, ^IXIC) are mixed on Wednesday afternoon as investors look for cues from the Federal Reserve for potential future cuts and as the S&P 500 and Nasdaq snap their three-day losing streak. Roundhill Investments CEO Dave Mazza joins Market Domination to give insight into how markets are moving this week and what investors can expect moving forward. "The mega-cap companies, the 'Magnificent Seven,' have really been the star performers and folks who are looking for a rotation, whether it's to small caps or even other cyclical sectors like industrials and financials, haven't seen it yet. So it doesn't give people really a lot of confidence, even though to your point, for all intents and purposes, they should be particularly bullish. Look at money market assets, money in money market mutual funds are at all time highs. So it's sort of this weird environment where folks are seeking out safety," Mazza tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino...

In unison, all three of the market averages (^DJI, ^IXIC, ^GSPC) close Wednesday in the green, the Nasdaq Composite moving half of a percent higher. Market Domination Overtime Host Julie Hyman recaps the day's market performances, touching upon the S&P Equal Weight Index's (^SPXEW) losses as Amazon's (AMZN) market cap crosses past $2 trillion. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan...

Amazon stock became fifth $2 trillion market cap company Wednesday. Analysts believe Amazon can still boost retail margins...

As the U.S. stock market experiences subtle gains with significant movements in tech giants like Amazon, investors are keenly watching the landscape for opportunities. In this environment, growth companies with high insider ownership may offer unique advantages, as aligned interests between management and shareholders can signal strong confidence in a company's future prospects...

The company got a vote of confidence from Wall Street and a windfall, courtesy of electric-vehicle maker Rivian...

Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Shares in Amazon.com Inc. finished the day up almost 4%, giving the Seattle-based company a stock market valuation of $2.01 trillion. Amazon now joins Google's parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia among companies with valuations of at least $2 trillion...