Tag AMZN

These stocks are rallying for excellent reasons...

Amazon.com CEO Andy Jassy is forecasting the company will benefit from cloud-computing demand and the growth of artificial intelligence...

If the decisions made by corporate boards of directors can indicate where a company wants to be focusing, Amazon's board just made an interesting move. The company announced on Thursday that Andrew Ng, known for building AI at large tech companies, is joining its board of directors. The company also said that Judy McGrath — best known for her work as a long-time TV executive, running MTV and helping Viacom become a media powerhouse — will be stepping down as a director. Taken together, the two m...

SoundHound AI has attracted a lot of interest from investors this year, but a superior technology may have just emerged...

Alphyn Capital Management, an investment management firm, released its first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Master Account of the fund returned 7.1% net in the first quarter compared to 10.6% for the S&P500 Index. As of March 31, 2024, the top ten holdings accounted for approximately 66% of […]...

Earnings-per-share estimates show these companies could deliver 65% to 120% stock growth over the next two years...

Amazon's cloud unit is facing pressure from Microsoft's early pact with ChatGPT-maker OpenAI and integration of its technology into Azure, while Alexa voice assistant is in race with genAI chat tools from OpenAI and Google. The appointment, effective April 9, also follows job cuts across Amazon, which has seen enterprise cloud spending and e-commerce sales moderate due to macroeconomic factors such as inflation and high interest rates. He said Amazon could reduce costs in some areas of its fulfillment network even as customer cloud spends were improving and its advertising business remained strong...

Amazon.com on Thursday added Andrew Ng, the computer scientist who led artificial intelligence projects at Alphabet's Google and China's Baidu, to its board amid rising competition among Big Techs to add users for their GenAI products. Amazon's cloud unit is facing pressure from Microsoft's early pact with ChatGPT-maker OpenAI and integration of its technology into Azure, while Alexa voice assistant is in race with genAI chat tools from OpenAI and Google. The appointment, effective April 9, also follows job cuts across Amazon, which has seen enterprise cloud spending and e-commerce sales moderate due to macroeconomic factors such as inflation and high interest rates...

Even with $300, many Buffett investments are within reach of the average investor...

Warren Buffett is arguably the greatest investor of all time...