Amazon.com, Inc. (AMZN)
Walmart has more locations, which makes it easier to make same-day deliveries and reduce shipping fees. Amazon is a more diversified business, with exciting growth opportunities in cloud computing, online advertising, and AI chips.
Amazon sources 60% of its revenue from its e-commerce business; this is the essential segment of its business that is likely to benefit from the softening economy. The US is currently in a K-shaped economy, meaning low-income households are financially squeezed while high-income households continue to spend more discretionary. These might be early signs of a recession, an environment that will force more consumers to make online purchases as the more cost-efficient and convenient option.
The AI story, which has driven Nasdaq gains, is far from over. Analysts predict the AI market will reach into the trillions of dollars in a few years.
The trading activity of members of Congress continues to draw interest from retail traders and political analysts, with the Benzinga Government Trades page breaking down the latest disclosures from elected officials.
Verizon Communications said Thursday that customers who were affected by Wednesday's cell service outage can redeem a $20 account credit through their Verizon account.
Nu Holdings stands out as a momentum leader as Driehaus' buy-high strategy highlights strong trends and earnings surprises driving further upside.
The department-store chain's bankruptcy throws one of Amazon's biggest bets on luxury retail into doubt
U.S. stocks swung between small gains and losses on Friday as a chip stock rally ebbed and uncertainty about the Federal Reserve's next steps sent Treasury yields to a four-month high.
AMZN's AWS is reaccelerating with 20% growth, a $200 billion backlog, and massive AI investments as it pulls ahead of ORCL in cloud scale.
Amazon is seeing growing demand across its business as it invests in artificial intelligence (AI). Alphabet's Google has massive amounts of data to train Gemini and remain a leader in the AI arms race.