Previous Close | 1.5200 |
Open | 1.6800 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 99.00 |
Expire Date | 2024-01-19 |
Day's Range | 1.5200 - 1.6800 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
In January, Microsoft added $10 billion to its $3 billion stake in ChatGPT developer OpenAI, and that kicked off an arms race among tech giants to embed AI technologies into their businesses. First, like most cloud providers, AWS is partnered with Nvidia to power its data centers because that company produces the most advanced AI chips in the world.
Also hot off the press is Amazon's recently announced decision to include ads on Prime Video starting in early 2024 for some of its largest markets, including the U.S., the U.K., Germany, and Canada. On the one hand, it could help expand Amazon's advertising business, which is one of its main sources of revenue. Amazon will include an ad-free tier for an extra $2.99 per month.
Warren Buffett once said that "all there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." If you follow my writing, you probably expected Amazon (NASDAQ: AMZN) to make the list. It starts with the e-commerce business, which generates revenue by selling Amazon's products and fees from products sold by third parties and those that use Amazon's logistics.