Amazon.com, Inc. (AMZN)
E-commerce powerhouse Amazon today isn't the company it was when it launched back in 1994. You may see Berkshire Hathaway as something like a hedge fund.
Donaldson Capital Management LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 8.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 79,032 shares of the e-commerce giant's stock after acquiring an additional 6,157 shares during the period. Donaldson
Walmart is showing excellent revenue and earnings growth in the face of economic uncertainty. Amazon's cloud computing business is accelerating as it steps up its AI spending plans.
Amazon is now the U.S.'s largest company as measured in annual revenue, or “Fortune 1” in Fortune 500 parlance. Its space at the top of U.S. corporations demands that the FTC end its antitrust lawsuit against the Seattle giant.
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.
Weekly Market HighlightsWeekly performance was volatile at the extremes, with 876 stocks gaining more than 10% while 776 stocks declined by more than 10%.Marke
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.