Perhaps one of the notable stock market stories over the last year is the performance of Amazon (AMZN -0.44%). The e-commerce and cloud giant rose by nearly 50% over the previous year amid the continued success tied to e-commerce and the rise of artificial intelligence (AI) as the cloud continued to grow.
Amazon (AMZN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The technology sector continues to attract inflow, and the biggest of the previous generation of tech stars are looking strong, while Rigetti is going to be entertaining to watch, to say the least.
If you know anything about Warren Buffett, you probably greatly admire how he has increased the value of his company, Berkshire Hathaway, by an annual average of nearly 20% over close to 60 years. Buffett has bought many great companies outright and has invested in the stock of other companies.
Thinking about stocks in terms of decades instead of months or years is an investing superpower. It allows you to zoom out on the world and gives you perspective on the big things happening.
Just because a stock has had a strong few years doesn't mean it can't have more upside. Anchoring to past price points can hurt investors, which is why investors need to keep an open mind to all stocks at all times.
Famous investor Warren Buffett isn't known to be enthusiastic about technology. The "Oracle of Omaha" has traditionally invested in simple, consumer-facing companies with strong brands.
Online retailer Amazon said Wednesday that it's closing all seven of its warehouses in the Canadian province of Quebec in the next two months.
Amazon (AMZN) reachead $235.01 at the closing of the latest trading day, reflecting a +1.86% change compared to its last close.
Unions had gained a foothold in one of the company's warehouses in the province, though Amazon would not say if there was a connection.
Shares of Amazon (NASDAQ: AMZN) gained 1.86% on Wednesday, continuing the momentum that has seen the stock rise 6.72% so far this year.
Historically, growth stocks have a reputation for predominantly delivering above-average revenue and earnings, making them a common choice among investors of all capabilities.