Bull markets are fun because stock prices go up rather than down. The downside is that top-notch stocks often rise to excessive valuations, which can diminish their long-term return potential.
Amazon is my biggest position, and I can envision it growing moderately larger from here. The company's $100 billion in planned capex for 2025 speaks to the tremendous growth opportunities in AWS. Amazon's cash and marketable securities balance topped $100 billion to close out 2024.
Amazon plans to expand its discount storefront that competes with ultra-cheap Chinese e-commerce companies like Temu and Shein. The company is eyeing a launch of Amazon Haul in Europe later this year, sources told CNBC.
Anthropic's Claude large language model is powering the majority of complex tasks for Amazon's new Alexa+, sources tell CNBC. Amazon rolled out its upgraded version of Alexa devices at an event this week, and says the company is "agnostic" in choosing which model is the right one for the job.
Amazon is focusing on quantum computing and in-house chip development to reduce dependence on Nvidia, potentially leading to margin improvements and multiple expansions. The unveiling of Amazon's Ocelot quantum chip prototype could accelerate the timeline for practical quantum computing by up to five years. Amazon's in-house chip development could significantly reduce CapEx, improve profit margins, and positively impact EPS, suggesting current analyst estimates may be conservative.
Amazon cut "a small number" of jobs at its Wondery podcast unit, known for "Dr. Death" and "Business Wars," the company said in a statement to Reuters on Friday.
Investing your money in the right growth stocks can help you earn superior returns to the market averages. The safest way to proceed is to focus on industry-leading companies that still have a long runway of growth ahead.
Amazon Web Services on Thursday debuted its new quantum computing chip, a prototype called Ocelot. The company says the Ocelot represents a breakthrough in error correction and scalability.
Amazon announced that it is giving another $100 million to support affordable housing efforts in Bellevue, Wash.
Alger's Ankur Crawford and Virtus' Joe Terranova, join 'Closing Bell' to discuss markets, hyperscaler valuations and the chip trade.
Amazon CEO Andy Jassy explains how generative AI helps Alexa users during an interview with Caroline Hyde on "Bloomberg Technology." -------- Like this video?
Amazon CEO Andy Jassy discusses the company's vision for Alexa, demand for artificial intelligence. Speaking with Caroline Hyde on "Bloomberg Technology," Jassy also shares his views on the Trump administration, diversity initiatives and the company's new quantum computing chip.