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Amazon Stock Is Too Expensive Amid Trainium3 Diversifying The AI Chip Market
Seeking Alpha· 2024-12-18 22:07
In my last thesis on Amazon (NASDAQ: AMZN ) stock, I cautioned investors that it was overvalued, yet it has rallied a further 10.5% since that article. I simply consider this further overvaluation—however, the increased positive sentiment indicates rational excitement (leadingOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate ...
Buy These 5 Retail Stocks With Upside for 2025 as Sales Continue to Grow
ZACKS· 2024-12-18 22:01
The U.S. retail sector has shown immense courage amid price pressures and higher borrowing rates that took a toll on overall sales. However, the sector has witnessed steady growth in sales over the past few months as inflation continued to cool and the rate cuts by the Federal Reserve eased price pressures.Retail sales jumped more than expected in November as households spent lavishly on a variety of goods and merchandise, proving that the economy is still on solid ground. As the retail sector shows signs o ...
Amazon investing another $10 billion in Ohio-based data centers
Techxplore· 2024-12-18 17:09
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Amazon logo is displayed, Sept. 6, 2012, in Santa Monica, Calif. Credit: AP Photo/Reed Saxon, File Amazon Web Services will invest another $10 billion to bolster its data center infrastructure in Ohio. The company and Republican Gov. Mike DeWine announced the plan Monday. The new investment will boost the amount it has com ...
AT&T follows Amazon in cracking down on remote work with 5-days-in-office mandate
Business Insider· 2024-12-18 10:52
AT&T is requiring many office employees to work on-site a full five days a week starting in January.The telecom giant previously accommodated a hybrid schedule in its return-to-office push.The news comes as Amazon has delayed some RTO plans due to capacity issues.AT&T's return-to-office mandate is set to get more strict in the new year.Advertisement The Dallas-based telecom giant confirmed to Business Insider that it is requiring all office employees to work on-site five days a week starting in January. Th ...
Amazon workers across US gear up to strike this week, days before Christmas
The Guardian· 2024-12-18 05:03
Thousands of Amazon workers are gearing up to strike from Thursday, days before Christmas, over the tech giant’s refusal to begin negotiations over a contract.Union locals across the US are preparing members for pickets and actions outside of Amazon facilities around the US.Amazon company was given a deadline of 15 December to agree to open talks with workers at the company’s JFK8 warehouse in Staten Island, which became the first Amazon warehouse in the US to win a union election in 2022.“Our Sisters and B ...
Amazon's Sum Of The Parts Valuation Implies 40% Upside Potential
Seeking Alpha· 2024-12-18 00:43
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Amrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winn ...
Amazon ignored internal warnings of warehouse injuries, Senate probe finds
Techxplore· 2024-12-17 20:05
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain For years, Amazon has faced accusations that the pressure the company puts on its warehouse workers to work more quickly has led to higher rates of injuries. Now, an investigation by a U.S. Senate committee led by Sen. Bernie Sanders, I-Vermont, has found that Amazon itself made the link betw ...
Should You Buy Amazon Stock Before 2025?
The Motley Fool· 2024-12-17 19:30
Amazon (AMZN 2.40%) boasts one of the best management teams in the world.*Stock prices used were the afternoon prices of Dec. 14, 2024. The video was published on Dec. 16, 2024. ...
Wall Street sets Amazon stock price for next 12 months
Finbold· 2024-12-17 00:06
One of the dominant names in tech today, Amazon (NASDAQ: AMZN) is a business that has become almost synonymous with wealth creation. The e-commerce behemoth has had a good year thus far — at press time, Amazon stock was trading at $229.44, with year-to-date (YTD) returns standing at 53.03%, after a 13.82% gain on the monthly price chart.AMZN stock price YTD chart. Source: FinboldOn October 31, the business held its Q3 2024 earnings call, marking its seventh consecutive beat in terms of earnings per share (E ...
AI picks 2 artificial intelligence stocks to outperform the S&P 500 in 2025
Finbold· 2024-12-16 23:41
The United States stock market has been on an extraordinary run, with the S&P 500 hitting an all-time high of 6,090.27 on December 6, 2024, after a 27.58% year-to-date surge. Historical data suggests that the rally may continue into 2025, as rate cuts from the Federal Reserve in September 2024 have preceded positive market performance. Analysts are projecting further gains for the index, with targets as high as 7,100.Amid this promising backdrop, Finbold turned to ChatGPT, OpenAI’s most advanced tool, to pi ...