As America celebrates its 250th anniversary, history favors stocks. The S&P 500 boasts a 10-year July win streak and a 3.5% average return. Looking to bounce back from a volatile June, market fundamentals remain strong, with analysts projecting S&P 500 earnings to grow by 24% in CY 2026. Gains could broaden beyond big tech, with eight sectors forecast to deliver double-digit earnings growth this year.
Another challenge to the Amazon Kindle-Goodreads book tracking empire has emerged.
Tech stocks are back on the rise after a slump last week, and Amazon is leading the way.
I've been bullish on the AI CapEx trade for a while, but this rotation is forcing me to reassess nearly every position I own. The Mag 7 are now a drag on the indices.
Amazon.com Inc (NASDAQ:AMZN) shares rose nearly 4% in trading on Monday following reports indicating stronger-than-expected consumer demand during its extended Prime Day event, which took place from June 23 to June 26. According to data from Adobe Analytics shared with Retail Dive, US online retail spending over the four-day period reached approximately $26.4 billion, marking a 9.3% increase compared with the same event last year.
Big Tech is in a sentiment "penalty box" even as the multi‑year AI build‑out enters a critical acceleration phase, and Wedbush tech analyst Dan Ives argues that creates a prime entry point into the core AI winners.
Amazon.com (AMZN) and Walmart (WMT)-owned Flipkart are ramping up their push into India's fast-growing quick-commerce market, putting fresh pressure on incumben
The Nasdaq briefly went flat mid-morning after a Supreme Court ruling, then recovered to a 1.3% gain by late morning. Brand-new Dow member Alphabet lifted every major index.
Amazon.com Inc. (NASDAQ:AMZN) stock traded higher by more than 4% on Monday as risk appetite improved across mega-cap growth and consumer names.