Amazon.com, Inc. (AMZN)
Amazon will spend $200 billion in capital expenditures this year to keep pace in AI. Home Depot continues to suffer from a housing market slowdown.
Investors know Amazon ( NASDAQ:AMZN | AMZN Price Prediction ) for its dominance in e-commerce and cloud computing through AWS, and are likely familiar that it has pushed into chipmaking with its Trainium line that is designed for AI training and inference.
Amazon is a market leader in e-commerce and cloud computing. Few companies have been as good at applying artificial intelligence (AI) to its business to drive growth as Meta Platforms.
Berman McAleer LLC acquired a new stake in Amazon.com, Inc. (NASDAQ: AMZN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,418 shares of the e-commerce giant's stock, valued at approximately $5,581,000. Amazon.com comprises 0.8% of Berman McAleer LLC's holdings,
Pick any major technology that could shape the future, and there's a good chance Alphabet is already a leader in it. Buying Amazon shares on pullbacks has always paid off handsomely over the long run.
The India AI Impact Summit is a major tech event in the country and drew a host of prominent tech and world leaders to New Delhi. U.S. tech companies made moves to deepen ties with India's tech ecosystem.
Investors will certainly be monitoring the potential tariff relief impact on the global economy, and these stocks could be poised to benefit.
Amazon issued an unusually pointed rebuttal to a Financial Times report that its AI coding tools caused AWS outages — but the dispute may come down to semantics and the definition of what counts as an "outage.
I have been detailing the rotation unfolding beneath the surface of the market in recent weeks. While mega-cap technology and much of the AI ecosystem pulled back, value stocks, cyclicals and several international markets attracted fresh inflows.
Shares of glass maker Corning soared to a record high on Friday, as the supplier of a key component in data center networking equipment continued to ride a wave of AI enthusiasm.