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2024-07-10 10:03:40 ET Back before the 2000s, Warren Buffett was well known for his general disdain for tech stocks. During the dot-com bubble back in 1999, he (rightly) warned that most internet start-ups would eventually flop. According to reports, this warning resonated deeply with Ama...
2024-07-10 08:50:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. U.S. equities rose in ...
2024-07-10 07:45:19 ET Summary MercadoLibre's e-Commerce growth is driven by Brazil and Mexico. The company is seeing a strong financial performance with double-digit growth in net revenues and gross merchandise value. The platform is growing rapidly and seeing positive net in...
2024-07-10 07:33:34 ET More on Apple Apple: Upcoming Earnings Report May Be Irrelevant Despite Its Great Products, Apple Has Lost Its Mojo - Yet The Stock Is A Trading Buy Apple: Better Growth In Second Half Of The Year (Downgrade) Microsoft, Apple ditch Open...
2024-07-10 07:15:00 ET Amazon (NASDAQ: AMZN) is one of the latest additions to the $2 trillion valuation club. This exclusive group comprises only five companies, but these also happen to be some of the most dominant businesses on the globe. While many in this group have strong ...
2024-07-10 00:22:52 ET Summary Alibaba stock has only returned 4% since we last wrote about it, down over 75% from its all-time high in 2020. Despite revenue growth slowing, Alibaba remains a cash flow machine with strong fundamentals and is trading close to all-time lows in multi...
2024-07-09 17:00:04 ET Rohit Kulkarni from MKM Partners issued a price target of $210.00 for AMZN on 2024-07-09 13:33:00. The adjusted price target was set to $210.00. At the time of the announcement, AMZN was trading at $199.66. The overall price target consensus is at ...
2024-07-09 16:59:32 ET More on Amazon Amazon: The Gift That Keeps On Giving Amazon: Earnings Growth Driven By Cost-Cutting, Not AI Revenue Growth (Rating Downgrade) Amazon: Hold For A Clear Breakout Above The Resistance Zone Cloud companies make it rain as AI...
2024-07-09 13:00:03 ET Summary CVS Health reported mediocre first quarter results, missed analyst's expectations and lowered guidance for fiscal 2024. However, CVS Health might actually profit from a struggling competitor Walgreens Boots Alliance and is certainly the better invest...
2024-07-09 12:14:31 ET More on Global X Artificial Intelligence & Technology ETF: AIQ: No Real AI Alpha With Heavy Tech Concentration Facing Slowing Growth AIQ: AI Commercialization Will Propel This ETF Higher, Despite Reaching ATH AIQ: Has Generative AI Peaked? ...
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2024-07-22 05:18:00 ET When it comes to institutional money managers, Ark Invest CEO Cathie Wood and Berkshire Hathaway CEO Warren Buffett are two of the most closely followed. Despite their notable reputations, Wood and Buffett have very little in common. Buffett built his fort...
2024-07-20 18:00:00 ET Prime Day is always a big shopping event for Amazon (NASDAQ: AMZN) , as the e-commerce giant lures shoppers to its site with deals. This year's shopping event set a record for the company, with Adobe Analytics projecting shoppers spent approximately $1...
2024-07-20 07:07:00 ET Image source: Getty Images. After years of delays, in October 2023 Amazon (NASDAQ: AMZN) took its first step toward offering its very own satellite internet service. Competing with SpaceX's Starlink , Amazon launched a pair of prototype Kuipersats ...