5 08, 2024

Amazon’s Earnings and AI Stance Have Analysts Excited, But VectorVest Says to SELL AMZN Today

By |2024-08-05T17:21:58+00:00August 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , |

Amazon (AMZN) reported second-quarter earnings and spoke on its growing AI business, which was enough for some analysts to stand by their price targets. But as the stock continues to fall, VectorVest sees reason to consider selling it today. The online marketplace reported revenue of $147.98 billion, just short of the $148.56 billion consensus [...]

27 10, 2023

Amazon’s AI-Fueled Earnings Send Shares 8% Higher: But is it Time to Buy This Stock?

By |2023-12-07T19:49:17+00:00October 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Amazon (AMZN) reported third-quarter earnings after the bell on Thursday and became the latest company to harness the power of AI to fuel growth. The e-commerce giant says that it is using AI for AWS (Amazon Web Services). CEO Andy Jassy says that the opportunity could manifest in tens of billions of dollars. The [...]

27 09, 2023

Amazon is Down 4% Amidst a Legal Battle With the US Government: What This Means for Investors

By |2023-12-07T19:50:20+00:00September 27th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Threats of antitrust lawsuits and government intervention have been a concern for Amazon (AMZN) and its investors for years as the e-commerce giant gobbles up competition and appears more and more like a monopoly.  But all this came to a head on Tuesday as the US government announced via the Federal Trade Commission (FTC) [...]

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