Artificial intelligence (AI) has been the driving force behind equity markets for some time now.
US retailers look stout in premarket trading as we are looking at the US consumer and the ability to spend more than seems likely.
David Tepper of Appaloosa Management is already a big name in the hedge fund world.
Amazon is a buy with 10-15% upside, driven by aggressive AI CapEx and long-term infrastructure leadership. AI CapEx fears are overblown; underinvestment poses a greater risk as compute demand could increase 2-3x by 2027. Logistics and advertising are evolving into high-margin, standalone platforms, likely to drive future margin expansion.
Berkshire Hathaway's strategy hasn't changed; only the details have.
Find out how Jeff Bezos got the ball rolling in the competition with SpaceX's Starlink for space-based connectivity — and how Project Kuiper became Amazon Leo.
Investors are concerned that these two companies are overspending on AI.
Alex Coffey outlines eye-watering options activity in Nvidia (NVDA), Microsoft (MSFT), and Amazon (AMZN) just a day ahead of Nvidia's earnings. He walks investors through the strategies he sees these traders making.
The billionaire doubled his stake in Amazon.
The Nasdaq took a beating this morning. Here's what's behind the sell-off and why long-term investors should stay calm.