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Despite a mixed week of trading, shares of Amazon.com Inc NASDAQ: AMZN are set to close out May in a strong position, with shares sitting around the $205 level in Friday's pre-market session. They're holding onto an impressive 25% of gains since April, and while the past week has seen some choppy consolidation, momentum may be ready to resume, thanks in part to some high-profile support.
A number of hedge funds bought up the Mag Seven stocks on weakness in the first few months of the year.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.
Amazon's (AMZN 0.45%) cloud dominance, AI-powered logistics, and booming ad business are driving its next growth phase--unless regulatory crackdowns or retail margin pressures bite back. In this video, I break down the bull case, the risks, and where Amazon could be in five years.
I monitor billionaires' investments in hedge funds, which gives me investment ideas and helps me determine whether my thoughts on a particular stock are still relevant.
Amazon (AMZN 0.45%) said it will spend over $100 billion on capital expenditures in 2025.
In recent weeks, it was easy to observe the dangers of short-term investing. In the blink of an eye, the three major benchmarks -- which had climbed over the past two years -- suddenly found themselves in the doldrums.
Amazon's devices unit is reportedly building a new team that is focused on inventing “breakthrough” consumer products and creating “entirely new product categories.
The New York Times (NYT) Company has signed a multiyear, artificial intelligence-focused licensing agreement with Amazon. The new arrangement will bring NYT editorial content to a “variety of Amazon customer experiences,” the media company said in a news release Thursday (May 29).
The new ZeroOne team at Amazon is looking to expand in Seattle, San Francisco and Sunnyvale, California, according to recent job postings. The group is being led by former Microsoft veteran J Allard, who lists himself as the vice president of ZeroOne on his LinkedIn profile.