Tag AMZN
AWS revenue climbs 20% while retail and advertising strengthen margins...
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↗️ Amazon (AMZN): The e-commerce company reported faster-than-expected growth in AI-related revenue and detailed aggressive plans to grow data-center capacity. Shares soared 12% in premarket trading. ↗️ Apple (AAPL): The company logged record sales and said it expects a big December quarter, with customers racing to upgrade to the new iPhone 17...
Continue ReadingValuations across this cohort are even higher, at 31 times forward earnings. “AI equity leadership ain’t budging for time being and we like gold & China stocks as best boom/bubble hedges,” the BofA team led by Michael Hartnett said in a note...
Continue ReadingTech futures rose on Amazon, Apple and other earnings winners late after Meta led stocks lower Thursday...
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Meta Platforms, Inc.'s has strong revenue growth and user base, but heavy AI and VR investments raise risks. Click to see if META stock is a good buy now...
Continue ReadingThird quarter earnings season is ramping up, and analysts expect S&P 500 companies grew their profits by 8% during the quarter...
Continue ReadingJoining us today to answer your questions is Andy Jassy, our CEO; and Brian Olsavsky, our CFO. As you listen to today's conference call, we encourage you to have our press release in front of you, which includes our financial results as well as metrics and commentary on the quarter. Additional information about factors that could potentially impact our financial results is included in today's press release and our filings with the SEC, including our most recent annual report on Form 10-K and subsequent filings...
Continue Reading(Reuters) -Shares of data storage companies such as Seagate and Western Digital have sharply outperformed the broader market this year, powered by the staggering demand for hard drives in the global race to scale up AI-related infrastructure. Both Seagate and Western Digital stocks are trading near record highs, having surged more than 200% this year on the artificial intelligence boom. Western Digital gained 10.5% in premarket trading on Friday after it forecast second-quarter earnings above Wall Street estimates...
Continue ReadingEveryone’s asking the wrong question about an AI bubble. Here are the stocks to buy — and when...
Continue ReadingRoku delivered a solid Q3 with positive net and operating income, signaling a potential turning point for the company. Learn more about ROKU stock here...
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