Amazon gains momentum on Wall Street, approaches all-time high
Wall Street heeds long-standing advice as investors flock to Amazon.com Inc., nudging shares toward an all-time high.
Wall Street heeds long-standing advice as investors flock to Amazon.com Inc., nudging shares toward an all-time high.
South Africans can enjoy eleven streaming services for less than the DStv Premium decoder subscription and Access Fee combined.
Amazon announced robust sales and exceeded operating income estimates, showcasing CEO Andy Jassy’s cost-cutting strategies.
Meta and Amazon executed significant cost-cutting measures, resulting in better-than-expected earnings and a combined $272B surge in their stock prices.
Investors are closely watching the fate of the stock market this week, as five major tech giants are set to report earnings.
In an interview with BizNews, e-commerce entrepreneur Andy Higgins, said while many people believe Amazon will have a massive impact on day one, he thinks it would take them longer.
The S&P 500 has soared to record highs with the Magnificent 7 tech giants now holding a substantial 29% of the index’s market cap.
Nvidia Corp has surged nearly 9%, reclaiming its position at the top. Despite more than tripling in 2023, the demand for its AI computing chips keeps propelling its stock to record highs.
Naspers is boosting investment into its South African online retailer ahead of Amazon’s entry into the countryโs growing ecommerce market
McKinsey and the $860 billion management consulting industry grapples with budget cuts and layoffs amid ethics scandals.