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When Alibaba (NYSE: BABA) reported results for its fiscal 2023 fourth quarter (ended March 31), they were a bit of a mixed bag. As of this writing, Alibaba shares are down a jaw-dropping 75% from their peak, which was set in October 2020. While it's been beaten down, this growth stock is one that investors should consider buying now.
Buffett famously said he didn't understand technology, but he has amassed a fortune in AI stocks.
This freelance writer has really gotten into travel this year. Check out a few Amazon purchases that enhanced her experiences.
A new bull market for the Nasdaq Composite Index has been in sight for several months. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market. There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year.
By Louis Juricic and Sarina Isaacs
In its first-quarter earnings announcement last week, Amazon (NASDAQ: AMZN) delivered a better-than-expected revenue number. The stock fell after the report came out, but then it rebounded. As of June 2, it has increased by 45% in 2023.
After releasing what could end up being the highest-grossing animated film ever, Nintendo (OTC: NTDOY) just followed up the Super Mario Movie with a record-breaking new Zelda game. Called Zelda: Tears of the Kingdom, the latest iteration in the long-running franchise is officially one of the top-rated games ever, and is all but guaranteed to be one of the top-selling Nintendo titles ever. Here's the scoop on Nintendo's blockbuster title and how it could impact the business financially.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Let's consider three stocks that could: Vertex Pharmaceuticals (NASDAQ: VRTX), DexCom (NASDAQ: DXCM), and Amazon (NASDAQ: AMZN). Vertex Pharmaceuticals is doing great things. One of the drugmakers that was closest to entering this market with competing products recently threw in the towel.
The stock market has given investors a wild ride over the past two years. Meanwhile, some growth stocks are already on the rebound but still trading well off their previous highs. Let's see why three Motley Fool contributors believe now is a good time to buy shares of Amazon (NASDAQ: AMZN), Roku (NASDAQ: ROKU), and Home Depot (NYSE: HD).
In this podcast, Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Nvidia's AI-fueled earnings report and the company's historic pop. Intuit's latest results and how proposed IRS free-file software could affect the company.
The legendary investor won't be concerned about potentially missing out on a huge AI opportunity.
Which? acknowledged that ordering groceries from the apps is ‘undeniably convenient’ but warned that it found ‘shocking’ price differences.
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."
Amazon (AMZN) closed at $124.25 in the latest trading session, marking a +1.21% move from the prior day.
Telecom stocks including AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (NASDAQ: TMUS) were all pulling back Friday on some surprising news. According to Bloomberg, Amazon (NASDAQ: AMZN) is considering entering the wireless market, as it's held discussions about offering nationwide mobile phone service to Prime members, either for free or at a discount. Bloomberg said that Amazon is negotiating with Verizon, T-Mobile, and Dish Network (NASDAQ: DISH) to get a low wholesale price for service that it could then turn around and offer to Prime members for $10 a month or even free as an incentive to join and stick with the membership program.
Amazon may be looking to offer a new service for its Prime members. Bloomberg News is reporting Amazon is in early talks with wireless companies to offer mobile phone plans for its U.S. Prime members. Yahoo Finance Tech Editor Dan Howley explains why Amazon may want to expand its Prime offerings.
(Bloomberg) -- Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime subscribers, according to people familiar with the situation.Most Read from BloombergMystery Trader’s Debt-Ceiling Windfall Sparks Insider ConcernsOPEC+ Latest: Saudis Unveil Extra 1 Million Barrel CutQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersUS-China Handsha
It's no surprise that when companies dominate their industries, their stock prices tend to have long-term success. How To Buy ChatGPT Stock: Your 2023 Guide to AI InvestingMore: 3 Things You Must Do...
Shares of Dish Network (NASDAQ: DISH) are up 17.1% as of 2:02 p.m. ET Friday in response to reports that Amazon (NASDAQ: AMZN) is considering a partnership with the company that could offer low-cost or no-cost wireless service to Amazon Prime subscribers. The same possibility was floated by The Wall Street Journal a little over a week ago. Perpetually looking for ways to attract and retain Prime subscribers (who tend to spend more at Amazon.com than non-Prime members), Amazon offers a suite of digital offerings like on-demand video, audiobooks, discounted restaurant delivery, and free shipping on most items ordered online.
Shares of Verizon Communications Inc , AT&T Inc and T-Mobile US Inc declined on Friday after a report said Amazon.com Inc was in talks with the U.S. telecom firms to offer low-cost wireless services to its Prime members. Bloomberg News reported that Amazon was negotiating to get the lowest possible wholesale prices and could offer wireless plans for $10 a month or lower to Prime members through these partnerships. "We are always exploring adding even more benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.
TripAdvisor (TRIP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The tech-heavy Nasdaq index touched its highest intraday level in over 13 months and headed for its sixth straight week of gains, its best streak since January 2020. The Labor Department's closely watched employment report showed unemployment rate at 3.7% in May against a forecast of 3.5%, while average hourly earnings were at 0.3%, down from 0.4% in April, highlighting a cooling in wage inflation.
Visit Amazon, and you'll likely find tons of deals on your favorite items -- from electronics, books and toys to clothing, jewelry and home goods. Although you're probably already getting a...