August 7, 2024
“Amazon shares closed down about 8.7% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell short of Wall Street’s expectations. Revenue in the second quarter rose 10% from a year earlier… Continue Reading…
April 5, 2024
“…Despite gaining 950% over the past decade, analysts at JPMorgan Chase still selected Amazon as their “best idea” in 2024, citing three reasons the company could create more shareholder value…” https://finance.yahoo.com/news/meet-newest-artificial-intelligence-ai-085500319.html
March 28, 2024
“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…
January 30, 2024
“Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot, with the two companies saying in a release there was “no path to regulatory approval for the deal.” The Roomba maker also announced it would lay off 31% of its… Continue Reading…
December 27, 2023
https://finance.yahoo.com/news/amazon-stock-soared-75-2023-120000523.html For anyone that thinks the stock market will crash this stock must be avoided. The top 7 stock or so drive most of the dow jones. If they make most of the gains its safe to assume they will… Continue Reading…
October 9, 2023
“Amazon is planning to hike pay for its operations workers in the U.K. and add 15,000 new staff ahead of the holidays, as the e-commerce giant prepares itself for a wave of demand ahead of Christmas. The company said Monday that it would… Continue Reading…
September 25, 2023
“…As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers, and use the cloud computing company’s homegrown chips to train the models it uses to power chatbots and other applications. Besides getting… Continue Reading…
June 14, 2023
“…Shares of the semiconductor company popped over 2% in pre-market trading on Wednesday — and were Yahoo Finance’s Top Trending Ticker — on a Reuters report that Amazon’s cloud arm is considering using AMD’s new AI chips… The report comes a day after AMD… Continue Reading…
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