|Day's Range||30.56 - 33.42|
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Artificial intelligence and this week's market melt-up are driving mega cap tech stocks higher. Yardeni Research President Ed Yardeni joins Yahoo Finance Live to discuss the trends seen across the tech space and the potential to broaden out to other industries.
It was a rough week for United Natural Foods (NYSE: UNFI) as shares of the organic grocery wholesaler tumbled after it posted disappointing bottom-line results in its fiscal third-quarter earnings report and slashed its full-year guidance. United Natural Foods, which sells organic products to Amazon's Whole Foods and other customers, reported top-line results that were in line with expectations. Inflation and new business was the reason for the revenue growth, as the company continues to add new customers and expand relationships with existing customers.
Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon's platform, a federal judge in Seattle ruled on Thursday. In his ruling, U.S. District Judge John Coughenour rejected bids from Apple and Amazon to dismiss the prospective class action on various legal grounds. Coughenour said the "validity" of the relevant market, a central issue in antitrust litigation, was a question for a jury.
An Indian group representing Netflix, Amazon and Disney has told the government its new tobacco warning rules are impossible to implement for streaming giants and will impinge on content creators' freedom of expression, a letter seen by Reuters showed. As part of India's anti-tobacco drive, the health ministry last month ordered streaming platforms to insert static health warnings during smoking scenes within three months.
Groupon (GRPN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Alphabet's (GOOGL) Google Cloud launches consulting services to aid clients in adopting generative AI techniques.
It's not easy to impress the world's fourth richest person. But Gates is calling this breakthrough "the big thing."
Among investors looking to get a piece of the action in the artificial intelligence (AI) gold rush, Nvidia (NASDAQ: NVDA) has a top spot on nearly everyone's list. The graphics processing unit (GPU) powerhouse offers the most powerful products in their niche, and those chips are vital equipment in the AI supply chain. Nvidia's primary products are GPUs.
Whether it's the growth of Prime or expanding AI efforts, Amazon has the means to deliver for shareholders.
Here are a couple of AI stocks that offer better value and could outperform the market over the next several years.
Amazon (NASDAQ: AMZN) and its investors didn't have the best 2022. The stock lost nearly 50%, and the company reported its first annual loss in almost a decade. Higher inflation and a rapid ramp-up of its fulfillment network were costly for the company.
Discover why some seemingly tempting stocks may not be the best bet and explore stronger alternatives in today's dynamic market.
Amazon.com said on Thursday that it was cutting delivery routes short for drivers in places affected by poor air quality, while Target also said its contactless order pickup service may not operate in the most affected areas. Hundreds of forest fires are burning across much of Canada as the country sees its worst-ever start to the wildfire season, which has pushed smoke into the eastern United States, covering several cities with a thick, yellow haze. On Wednesday, New York City's air quality was considered the worst in the world.
Amazon (AMZN) is in early-stage discussions for an ad-supported tier for Prime Video.
Stocks in Toronto fell on Thursday, as a surprise interest rate hike by the central bank continued ...
Graduation season can flood you with stress. If you're concerned about gift-giving costs, here's how to keep your finances under control.
In this video, I will talk about Roku (NASDAQ: ROKU) and why the recent Amazon announcement and a couple of Netflix upgrades helped the stock pop recently. *Stock prices used were from the trading day of June 7, 2023.
A union has accused Amazon of "dirty tricks" by hiring extra workers to stop its bid for official recognition at a warehouse hit by strikes. At the time of application for union recognition, Amazon had 1,400 workers at the warehouse, the union believes.
Investors have soured on Prologis' shares, but the warehouse REIT continues to push through massive rent increases.
The GMB represents 800 workers at a Coventry warehouse.
Workers at the site had staged the first strike at Amazon's operations in Britain in January, and followed it up with strikes in February, March and April. Labour unions representing nurses, teachers, civil servants and transport staff, have been calling strikes amid inflationary pressures.
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
These companies are excellent long-term options thanks to their solid positions in two crucial markets.
Amazon denies union claim it drafted in 1,300 extra workers to thwart push for formal recognition at Coventry warehouse