Over the past decade, Amazon (NASDAQ: AMZN) shares have crushed the broader market, soaring 782%. As of this writing, shares of Amazon trade at a price-to-sales multiple of 2.6, which is substantially below the five-year trailing average of 3.2. Let's take a closer look at Amazon's business, where it's headed, and what this could all mean for investors.
A U.S. citizen has been charged in Arizona over online comments that allegedly incited what police describe as a “religiously motivated terrorist attack” in Australia a year ago in which six people died, officials said Wednesday. Queensland state police officers Rachel McCrow and Matthew Arnold and innocent bystander Alan Dare were fatally shot by Gareth Train, his brother Nathaniel Train and Nathanial’s wife Stacey Train in an ambush at the Trains’ remote property in the rural community of Wieambilla last Dec. 12, investigators say.
Bare Metal Cloud Market Bare Metal Cloud Market Dublin, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The "Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Security, Storage, Managed), Organization Size (Large, SMEs), Vertical (BFSI, Healthcare & Life Sciences, Manufacturing) and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. The global bare metal cloud market is anticipated to grow from USD 8.5 billion in 2023 to an impressive USD 19.1 b
Q2 2024 Daktronics Inc Earnings Call
Japan's Rakuten Group said on Wednesday it plans to sell 25.5 million shares in Rakuten Bank in the offshore market, the latest bid to shore up its finances. Rakuten said it planned to use the proceeds of the sale for the early repayment of bonds, as it had committed to reducing interest-bearing debt. The e-commerce and financial services group has almost 800 billion yen ($5.44 billion) in bond redemptions due before the end of 2025, according to company documents, driven by the cash-burning build out of its mobile network since 2020.
Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Inflation remained on a downward trend in the quarter and the fund’s Investor Class fund ARTMX returned -2.95%, Advisor Class fund APDMX posted a return of -2.92%, and Institutional Class […]
Saudi Arabia stands as a major player in the worldwide natural stone industry, actively channelling substantial investments into both infrastructure development and expansive construction initiatives. The escalating need for marble and granite aligns closely with the surge in construction and infrastructure projects within the region.NEWARK, Del, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The Kingdom of Saudi Arabia marble & granite business size is projected to reach US$ 1,229.2 million in 2023 and US$
Former PM arrives at inquiry venue around 7am, three hours before hearing is due to begin
secunet Security Networks Aktiengesellschaft ( ETR:YSN ), is not the largest company out there, but it saw a decent...
British American Tobacco will write down the value of its US brands like Lucky Strike by a massive £25 billion as it transitions away from cigarettes and faces “macroeconomic headwinds” in the world’s largest economy. Last month, Rishi Sunak announced a plan to create a “smoke free generation” in the UK by raising the smoking age by one year every year.
The 58-year-old is being probed over a rural Queensland shooting ambush last December that left six dead.
Q3 2024 G-III Apparel Group Ltd Earnings Call
Artisan Partners, an investment management company, released its “Artisan Mid Cap Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Inflation remained on a downward trend in the quarter and the fund’s Investor Class fund ARTMX returned -2.95%, Advisor Class fund APDMX posted a return of -2.92%, and Institutional Class […]
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Over 3,400 Rohingya refugees—most of whom are women and children—have embarked on sea journeys since January 2023, and 225 of them have been reported dead or missing, according to the UNHCR.
Australian diversified investor Washington H Soul Pattinson (WHSP) has made a A$3.1 billion ($2 billion) bid for domestic fund manager Perpetual in the latest sign of consolidation in the country's wealth management sector. WHSP is Perpetual's largest shareholder with a 9.9% stake and the bid came hours after Perpetual announced that it was looking at splitting off its corporate trust and wealth management businesses from its core asset management division. Perpetual, which saw its shares surge 6% on news of the strategic review, did not respond to a Reuters request for comment on WHSP's bid which was announced after market hours.
Sean Hannity hosts Fox News town hall a day before fourth GOP debate
Kontron AG ( ETR:SANT ), might not be a large cap stock, but it saw a significant share price rise of over 20% in the...
The Australian government on Wednesday urged the opposition to support legislation that would allow authorities to lock up former immigration detainees who were released after a landmark ruling by the country's top court. ruled last month that an unnamed and stateless Rohingya man held in immigration detention after serving time for child sexual offences was being unlawfully detained as no country had agreed to resettle him so there was no real prospect he could be deported. The ruling led to the release of roughly 150 others, among them refugees and stateless people, who were similarly unlikely to be deported and faced indefinite detention.
UniCredit's board is working to pick by early January a new candidate to chair the Italian bank as it prepares to hand Chief Executive Andrea Orcel a new contract in spring 2024, two sources close to the matter said. The list of nominees the board will propose to the annual shareholder meeting is expected to include a new candidate to succeed current Chairman Pier Carlo Padoan, the sources said, asking not to be named as the information is confidential. UniCredit declined to comment.
Ukrainian officials have admitted that Russian forces are intensifying shelling of key frontline positions
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