📈✨ Amazon.com has reached a milestone - surpassing a market value of $2 trillion! 🌟
Today ,Amazon $AMZNbecame the fifth US company to reach this milestone. The company's stock is up more than 4 %, putting them alongside tech giants like Microsoft, Apple, Nvidia and Alphabet.
Well done, another stock that is making solid gains this year and I have it in my portfolio. It may not be like Nvidia, but satisfaction nonetheless :) Amazon has been quite a laggard in terms of growth compared to other techs.
📈 Amazon is planning a massive data center expansion in Europe!
Amazon Web Services, a division of Amazon $AMZN, is in talks with the Italian government for an investment billion euros to expand its data centers. The move is part of the giant's wider strategy to strengthen its cloud infrastructure in Europe. ☁️
I'm a firm believer in this threesome and a few others. AI pretty much shifts the technology evolution again. $GOOG and $MSFT I have, positions at super prices and on more significant dips I would definitely buy. Unfortunately I don't have a position in $AMZN, would like to ...but don't know when to buy. After all, it would be better to buy in a downturn, but I don't think we'll see a price around $100 in them anymore. 🙈
🌟 Michael Burry, the well-known investor who predicted the 2008 financial crisis, is once again changing the direction of his investment strategy.
Let's take a look at the interesting moves this famous investor has made:
📈 Gold - In the first quarter of 2024, Burry focused heavily on commodities. He increased his largest position in theSprott Physical Gold Trust $PHYS by $7.62... Read more
Earnings season is in full swing, and with it comes more exciting news. Here is a summary of the news I will be following.
Monday: I'll only be watching company results.
📈 Earnings: Before the markets open, I'll be watching Domino's Pizza $DPZ, SoFi Technologies $SOFIand ON Semiconductor $ON. After the close, just the results of Paramount $PARA and Logit... Read more
Yeah DIS makes me really happy, I looked at it yesterday and I'm +40% there, which makes me really happy. Otherwise, I'm accumulating cash, but I'll be adding more REITs.
My take on Apple's results for the last quarter! 🚀
Solid growth in demand for new iPhones offset gradual weakness in other business segments, confirming the durability of this tech giant. This is also evidenced by the revenue from iPhone sales, which reached $69.7 billionagainst an estimate 68.5 billion dollars. 💼
Today I would like to remind you of the fantastic results of the company yesterday $AMZN for the last quarter! 💼📈
Amazon (AMZN) is at the forefront of digital transformation with a tremendous impact on global markets. Founded in 1994by Jeff Bezos, originally as an online bookstore, it has grown into a giant ecosystem encompassing online commerce, cloud services, streaming... Read more
It is good to see how their previous investments are paying off and how they can manage costs effectively. A significant part of their income is already generated by recurring/high margin services and they can then build on this to expand into new sectors such as healthcare or invest in other companies such as Rivian or Anthropic.
I recently heard the CEO talking about their competing project for Starlink, so I'm curious what that will bring them in the future. The customer will always benefit from this competition between two of the richest egomaniacs and cheap internet should be a given for everyone today.
Last time I bought for 155usd well above my average purchase and I would not be afraid to send something else there, because a good EPS growth is expected and they still have a lot of catching up to do to ATH;)
Investors, which companies' results will you be watching next week?
I'm very interested in the results of $MMM, $KO, $MSFT, $GOOGL$WM, $META or maybe $AMZN. Next week will be very interesting as far as company results are concerned and I'm very interested and looking forward to the results of several companies.
This week is going to be big, there is a lot of it, but most of all I am waiting for info around $ENPH where it has already fallen quite a lot and where I am quite invested, so I wonder what the next drop will be, which I rather expect, but hopefully not so big.
Amazon.com $AMZN used an algorithm code-named "Project Nessie" to test how much it could raise prices so that competitors would follow suit, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.
According to people familiar with the allegations in the complaint, the algorithm helped Amazon increase profits on items across shopping... Read more
Amazon $AMZN is still quite a long way from reaching its highs, down nearly 4% after today's declines. Is now a good time to start slotting this giant into your portfolio? :)
A lot of the talk around me lately has been $DIS vs $NFLX, which one has more investment potential. But today I was surprised to see that Amazon Prime Video is number one in the US with 21% of the market, while Netflix has 20%. $AMZN is just going.
So it's not just $MSFT that has resorted to a big investment in AI this year in the form of an investment in OpenAI. $AMZN has announced that it will invest up to $4 billion in artificial intelligence startup Anthropic.
As part of the deal, Anthropic will use Amazon's custom chips in its AI software. Amazon then agreed to use its startup partner's technology in its products... Read more
Investors, what stocks have you been most interested in recently and why?
I've been interested in $AMZN, $NKE and $CVX stocks lately. I see some potential in all three stocks, and $NKE and $CVX are at a nice price recently. Plus, all three stocks are from a completely different sector. Tech. stocks are already in my portfolio, but NKE and CVX could diversify my portfolio nicely.
Well done, another stock that is making solid gains this year and I have it in my portfolio. It may not be like Nvidia, but satisfaction nonetheless :) Amazon has been quite a laggard in terms of growth compared to other techs.