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AMZN Jul 2024 100.000 put
- Yahoo Finance Video
Without an AI story, Walgreens Boots isn't a buy: Investor
In today’s edition of Good Buy or Goodbye, host Julie Hyman scopes out the relationship between retail and artificial intelligence with GraniteShares founder and CEO Will Rhind. Rhind rates Amazon (AMZN) a "good buy," noting the momentum surrounding the company’s $2 trillion market capitalization. He explains how Amazon Web Services is benefiting from AI demand and points to Amazon’s cost-cutting and efficiency measures as another tailwind. On the other hand, Rhind would avoid Walgreens Boots Alliance (WBA), citing disappointing third quarter earnings, consumer weakness concerns, and the lack of an AI story against the challenges of the traditional retail model. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
- The Smart Investor
Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics
An e-commerce behemoth hits a new market capitalisation milestone while a reputable property owner and developer carries a billion-dollar property revamp. The post Top Stock Market Highlights of the Week: Amazon, Hongkong Land and Valuetronics appeared first on The Smart Investor.
- Reuters
Amazon lures cofounders from startup Adept to bolster AI efforts
(Reuters) -Amazon.com hired away artificial intelligence startup Adept's co-founders and some of its team in a move that echoes one by rival Microsoft, as it seeks to battle a perception that it is playing catch-up in AI. Adept said in a blog post Friday that cofounder and CEO David Luan, as well as several other co-founders and employees were leaving to join Amazon. The San Francisco-based startup, which has raised over $410 million and is valued above $1 billion, already named a new CEO.
