|Day's range||0.8400 - 0.8700|
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
While major wireless carriers have denied it, e-commerce and cloud computing giant Amazon (NASDAQ: AMZN) is reportedly considering adding a free or inexpensive wireless service plan onto its prime membership. Shares of AT&T (NYSE: T) have dropped since the news broke, although the stock has been weak for months. Since peaking in early April, AT&T stock has shed nearly 25% of its value.
Amid this economic upheaval, one thing is nearly certain: The businesses that lead the world into the coming age of AI stand to deliver fortunes to their shareholders. Microsoft (NASDAQ: MSFT) has become a powerhouse in the AI arena, due largely to its multibillion-dollar investment in ChatGPT-creator OpenAI. Microsoft has moved quickly to integrate OpenAI's highly regarded tech into its products and services.
In the investing world, Warren Buffett has arguably been consistently successful over several decades and has shared the investing philosophy that helped make him successful. One of the world's wealthiest people, Buffett still plays a significant role in determining what his holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), buys and sells. While investors shouldn't mindlessly copy what others do because everyone has unique investing goals, Buffett's reputation and buy-and-hold philosophy make Berkshire an excellent source for stock ideas for a broad range of investors.
While the history and patterns of the stock market can certainly serve as a guide, and the market is known for its cyclicality, investing requires patience, consistency, and the fortitude to keep adding money to great companies in all types of environments. Amazon (NASDAQ: AMZN) investors likely breathed a sigh of relief when its results for the first quarter of 2023 came out. Fast-forward to the first three months of this year, and Amazon's aggressive cost-cutting efforts -- which have included a series of major layoffs following supercharged hiring initiatives earlier in the pandemic -- look to be paying off.
Here’s some of the stocks currently dominating developments in artificial intelligence in 2023.
Electric vehicles are set to become a $700 billion market by 2030, and the electric boat niche is a very fast-growing part of that market
In this video, I will talk about Amazon's (NASDAQ: AMZN) potential next big bet, which would add a tremendous amount of value to Prime members and give the company an even bigger competitive advantage.
You may be able to score great deals on Prime Day. But read on for tips so you don't wreck your finances in the process.
Investing.com -- World Wrestling Entertainment (NYSE:WWE) has announced a multi-year partnership with streaming platform Twitch.
These stocks could be Buffett's biggest winners, but they almost certainly won't be his biggest moneymakers.
The market might be wrong about Nvidia's future, but that doesn't mean the stock will keep rising in the near term.
When Alibaba (NYSE: BABA) reported results for its fiscal 2023 fourth quarter (ended March 31), they were a bit of a mixed bag. As of this writing, Alibaba shares are down a jaw-dropping 75% from their peak, which was set in October 2020. While it's been beaten down, this growth stock is one that investors should consider buying now.
Buffett famously said he didn't understand technology, but he has amassed a fortune in AI stocks.
This freelance writer has really gotten into travel this year. Check out a few Amazon purchases that enhanced her experiences.
A new bull market for the Nasdaq Composite Index has been in sight for several months. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market. There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year.
By Louis Juricic and Sarina Isaacs
In its first-quarter earnings announcement last week, Amazon (NASDAQ: AMZN) delivered a better-than-expected revenue number. The stock fell after the report came out, but then it rebounded. As of June 2, it has increased by 45% in 2023.
After releasing what could end up being the highest-grossing animated film ever, Nintendo (OTC: NTDOY) just followed up the Super Mario Movie with a record-breaking new Zelda game. Called Zelda: Tears of the Kingdom, the latest iteration in the long-running franchise is officially one of the top-rated games ever, and is all but guaranteed to be one of the top-selling Nintendo titles ever. Here's the scoop on Nintendo's blockbuster title and how it could impact the business financially.
Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
Let's consider three stocks that could: Vertex Pharmaceuticals (NASDAQ: VRTX), DexCom (NASDAQ: DXCM), and Amazon (NASDAQ: AMZN). Vertex Pharmaceuticals is doing great things. One of the drugmakers that was closest to entering this market with competing products recently threw in the towel.
The stock market has given investors a wild ride over the past two years. Meanwhile, some growth stocks are already on the rebound but still trading well off their previous highs. Let's see why three Motley Fool contributors believe now is a good time to buy shares of Amazon (NASDAQ: AMZN), Roku (NASDAQ: ROKU), and Home Depot (NYSE: HD).
In this podcast, Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Nvidia's AI-fueled earnings report and the company's historic pop. Intuit's latest results and how proposed IRS free-file software could affect the company.
The legendary investor won't be concerned about potentially missing out on a huge AI opportunity.
Amazon (NASDAQ: AMZN) rose to prominence on the back of its now sprawling e-commerce business, which has become not only the largest digital retailer in the U.S., but also the world. While not all of its ventures have been successful, Amazon's track record has been sufficient to strike fear into the hearts of those it might rival. Oftentimes, stocks will fall at the mere prospect of having to compete with the company -- a well-documented phenomenon known as "the Amazon effect."