Amazon (AMZN) stock surged in after-hours trading on Thursday following a strong third-quarter earnings report that topped Wall Street’s expectations. The company’s results were driven by solid growth in its cloud and advertising businesses, which continue to be significant contributors to Amazon’s revenue growth. Quarter Highlights Amazon reported third-quarter revenue of $158.9 billion, marking [...]
Elon Musk mentioned a while back that the real value of Tesla (TSLA) was in robotaxis. Investors and the market as a whole have patiently waited for advancements in the technology, and we’ll get our first true look into the company’s plans tonight as it unveils a physical prototype. This was something we were [...]
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 [...]
It’s no secret that Nvidia has been the AI poster child and Wall Street darling amidst this technology craze, delivering more than 220% growth in the past year and earning a market capitalization of $2.17 trillion. However, the Google parent company Alphabet (GOOGL) is not far behind, and actually appears poised to overtake the [...]
Day-to-day market observations can be exhausting when the markets were red on March 5th, then extend significant gains in the early session on March 6th. The losses experienced yesterday can be attributed to Apple and Tesla’s disappointing news alongside mixed data from the US. Although the US market has seen extended gains in the [...]
