Big tech earnings arrive this week, with Microsoft, Alphabet, and Amazon all releasing quarterly reports.
In their latest quarters, Google Cloud grew 82%, Azure 42%, and Amazon Web Services (AWS) 37%, while all three spent heavily on AI...
The post Can AMZN Stock Break Above $280 as Wall Street Turns Bullish? appeared first on Coinpedia Fintech News
Amazon (AMZN) stock climbed 3.29% on Friday, putting its next major resistance level at $280 back in focus. Fresh bullish calls from Wall...
The Federal Trade Commission (FTC) plans to sue Amazon on Monday, according to a report on the Wall Street Journal. Officials say the company quietly raised the minimum price sellers paid for ads on its store. The practice earned Amazon tens of...
Peter Thiel’s hedge fund revealed a concentrated bet on AI’s power needs in its newest SEC filing. Thiel Macro LLC reported eight holdings worth $418.7 million, with Amazon (AMZN) as the fund’s only technology position.
The fund’s 13F is a quarterly...
Peter Thiel has bought close to 1% of Vista Energy, an Argentine oil producer. His fund paid roughly $76 million for about 1.2 million American depositary shares.
The purchase was disclosed in a quarterly filing with the U.S. Securities and Exchange...
Top Wall Street analysts at Bank of America, JPMorgan and Oppenheimer have identified three AI stocks they believe remain well-positioned for further gains following strong quarterly earnings.
Their bullish outlooks reflect expectations that AI...
Jeff Bezos wants to sell 15 million Amazon shares. The price tag is about $4.07 billion. Amazon.com Inc. (AMZN) fell more than 2% on Tuesday.
The timing stands out. Amazon had just closed at a record and passed $3 trillion in value for the first...
Amazon (AMZN) stock jumped 15.32% on Friday and closed at $271.58. Within hours, more than a dozen banks raised their price targets on it.
The trigger was Amazon’s second quarter report, published July 30. Its cloud business grew much faster than...
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