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Silicon Valley companies are cutting back, and part of that effort means ending some of their famous perks...
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Silicon Valley companies are cutting back, and part of that effort means ending some of their famous perks...
Continue ReadingThe downtrend in the broader market certainly didn't help, but the catalyst that pushed the stock lower was a report that U.K. regulators could launch an investigation into both Amazon's and Microsoft's (NASDAQ: MSFT) cloud practices. The U.K.'s media and communications regulator, Ofcom, released a statement saying it has "significant concerns" about practices used by Amazon and Microsoft in the cloud infrastructure market...
Continue ReadingShares of content delivery network (CDN) operator Fastly (NYSE: FSLY) rose by an electrifying 27.9% in March, according to data from S&P Global Market Intelligence. On March 3, the Federal Reserve delivered an optimistic report on monetary policy, suggesting that the soaring inflation rate is coming back down, so federal interest rates should stop rising later this year. With a fairly bullish economic report on the table, Fastly's stock surged 10.5% higher on March 3...
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Amazon.com, Inc. is attractively valued with multiple improving growth drivers such as AI and payments. Click here to read my analysis of AMZN stock...
Continue ReadingAmazon.Com, Inc (NASDAQ: AMZN) tapped a De Beers Group division to grow artificial diamonds to help revolutionize computer networks. De Beers’s Element Six division will work on the project with Amazon Web Services’ Center for Quantum Networking, a unit seeking next-generation ways to transmit data securely over longer distances, Bloomberg reports. Quantum networking uses subatomic matter to deliver data in a way that goes beyond today’s fiber-optic systems. The diamonds would be part of a compo...
Continue ReadingShares of Adobe Inc. slid 0.81% to $382.02 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones.....
Continue ReadingShares of Alphabet Inc. Cl A slid 0.24% to $104.47 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow.....
Continue ReadingShares of Amazon.com Inc. shed 2.74% to $101.10 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones.....
Continue ReadingShares of Meta Platforms Inc. slipped 1.51% to $211.48 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow.....
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