Waymo may have outlasted Cruise to lead the U.S. market but domestic competitors are working to catch up, too -- most notably Elon Musk’s automaker Tesla and Amazon-owned Zoox.
Another reason to be leery of buying Amazon stock in the new year is the economic uncertainty. We've already seen the Federal Reserve indicate tentativeness about the number of interest rate cuts on the way in 2025. If the Fed becomes more nervous about the U.S. economy, it could signal bad news for Amazon.
Bezos flatly denied a report he would marry fiancée Lauren Sánchez the weekend after Christmas in a lavish ceremony in Aspen.
In its most recent fiscal quarter, same-store sales, excluding fuel, jumped 7%, compared to a 3.8% increase in the same time period a year ago. Through the nine months ended Oct. 31, Sam's Club has hauled in $67.2 billion in sales and $1.8 billion in operating profits.
A new rocket from Mr. Bezos’ company Blue Origin and a satellite system from Amazon could heat up competition with SpaceX, owned by Mr. Musk.
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
AI is also fueling demand for Amazon’s enterprise-focused Amazon Web Services (AWS), which is the company’s cash cow, accounting for the bulk of its profitability. While AWS’s growth was quite tepid in 2022, it has since improved, in part due to the growing AI business.
Nearly 700,000 Tesla vehicles are being recalled due to an issue with the low tire pressure warning system, according to the NHTSA.
Amazon Fire TV Stick 4K: Stream your favorite shows in 4K resolution ... Price: $9.99/month or $99.99/ year. Tesla Key Card: A handy backup or replacement key for Tesla owners. Makes life easier. Price: $40. Tesla Wireless Portable Charger: A sleek ...
Elon Musk reposted a critique of MacKenzie Scott for giving billions of dollars to liberal nonprofits and said the giving concerned him.
WTV's sector tilts, notably its consistent over-weight in Consumer Discretionary, excluding mega-cap growth names like Amazon & Tesla, reinforce its commitment to authentic value investing.
Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.