|Day's range||448.50 - 460.00|
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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.
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 (AMZN) is in early-stage discussions for an ad-supported tier for Prime Video.
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.
Investors have soured on Prologis' shares, but the warehouse REIT continues to push through massive rent increases.
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.
Apple (NASDAQ: AAPL) is the largest company in the world today with a $2.9 trillion market capitalization. In dollar terms, an investment of $1,000 in Apple stock at its IPO would be worth over $1.8 million today! Companies developing electric vehicles (EVs), artificial intelligence (AI), and cybersecurity could be the best candidates.
Take Amazon (NASDAQ: AMZN), for example; its stock fell 50% in 2022 and has now risen about 45% in 2023. Its online stores revolutionized how consumers shop and how quickly packages are delivered, but Amazon is much bigger than that. While Amazon is known for the products it sells, this business isn't growing, as it was flat in Q1.
Microsoft co-founder Bill Gates remains bullish on tech and what artificial intelligence (AI) could do for the world. To say he thinks it could improve things for businesses and individuals is an understatement. Will people never need Amazon's site again?
Just think of it as Amazon trying to make sure you have plenty of breaktime during your favorite shows to, you know, grab a snack, use the...
The entertainment world is all about streaming video these days, and some promising news about that technology pushed Paramount Global's (NASDAQ: PARA) stock higher on Hump Day. In an article covering Amazon's (NASDAQ: AMZN) plan to offer an ad-supported version of its Prime Video streaming service, The Wall Street Journal said that Paramount could deepen its relationship with the monster retailer. Citing "people familiar with the situation," Paramount is currently in discussions with Amazon to add the ad-supported tier of its own streamer (Paramount+) to Prime Video.
GameStop fires CEO Matt Furlong, CNN CEO Chris Licht steps down, and Bernstein Analyst Mark Shmulik sends an open letter to Amazon CEO Andy Jassy urging the company to refocus. Yahoo Finance Live breaks down some of the top stories of the day.
Amazon Prime Video is considering an ad tier streaming service, according to a report from the Wall Street Journal. Yahoo Finance Live discusses what it could mean for the streaming industry.
JPMorgan and Wells Fargo raised their price targets on Netflix's stock and Amazon Pay adds Affirm's buy now, pay later service. Yahoo Finance Live breaks down how shares are reacting.