Strong industry trends don't guarantee strong returns.
My Amazon (NASDAQ:AMZN | AMZN Price Prediction) call is straightforward.
Venu Krishna went on CNBC's Closing Bell Overtime on June 30 and argued that the money fleeing Big Tech is running the wrong direction.
Dow posted its best first-half gain since 2021. CSCO, CAT, V, KO and AMZN are five blue-chip stocks highlighted for potential second-half momentum.
Futures are muted ahead of the finally trading day of a holiday-shortened week. Tom White recaps the week explains why investors are likely taking a breather on moves ahead of the opening bell.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Investors turn away from chip stocks, Amazon airs semiconductor plans, and more
Amazon said it would spend $200 billion this year on the AI business. The AI business is thriving, and AWS had its highest sales increase in 15 quarters.
Costco and Amazon are each greatly focused on offering customers value. Thanks to this focus, they may keep customers coming back in any economic environment.
Amazon hardware chief Panos Panay told CNBC the company is designing end-to-end silicon for some consumer devices. Why it matters: Custom chips could help Amazon run AI features on-device and better connect hardware and software.