|Day's range||60.50 - 60.50|
Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.
The stock market is on a growth path, with the Nasdaq Composite index up 24% since Jan. 1. However, in the first quarter of 2023 Amazon's North America segment returned to profitability, hitting $898 million in operating income, while its international earnings also marginally improved.
Taco Bell fighting to free the phrase "Taco Tuesday" from its current trademark holder. Plus, Scott Phillips, chief investment officer at Motley Fool Australia, shares the current state of play for investors Down Under, Australian stocks to watch, and predictions for this year's Rugby World Cup. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Artificial intelligence (AI) is changing how people work, read, shop, and do just about anything else. Companies have been using AI models for years for all sorts of functions, such as predictions on seasonal shopping demands and inventory management. ChatGPT has captured a lot of attention for its use of generative AI models to create work that mimics human capabilities.
I'm no fan of the saying, "Sell in May and go away." Unsurprisingly, and in keeping with The Motley Fool's guidance, I tend to hold stocks for the long term. In fact, rather than selling in May, I'm adding shares to my portfolio this month.
Amazon shareholders missed out on the market's AI party Thursday. What a difference a day makes.
Costco offers a host of great deals, but there's one aisle that could end up busting your budget. Read on to learn more.
Kohl's (NYSE: KSS) stock jumped 8% on May 24 after it posted its latest earnings report. Kohl's growth rates seem anemic, but they cleared Wall Street's low bar and indicated it wasn't doomed to become the next Bed Bath & Beyond. What happened to Kohl's?
Uber Technologies (NYSE: UBER) has managed to produce over $500 million in profits from its delivery business over the past two quarters, and there's one key driving force behind the gains. What's more, the advertising business is just getting started, with Uber committing to $1 billion in ad revenue by next year.
Despite their premium valuations today, these three stocks should continue delivering top-tier growth for decades.
To tap into this massive opportunity, check out what three top e-commerce stocks -- Chewy (NYSE: CHWY), Shopify (NYSE: SHOP), and Amazon (NASDAQ: AMZN) -- are doing right now. Investors have slowly walked away from the stock this year after Chewy reported in March that its active customers declined 1% in 2022 to 20.4 million. For one thing, the company significantly increased prices last year, which resulted in net sales per active customer increasing 15% year over year in the fourth quarter.
Amazon is near the top of my list when I think of stocks on sale. Under his direction, Amazon has cut 27,000 jobs -- a much-needed move, given the hiring spree the company embarked on during the COVID pandemic.In addition, Amazon is slowing the pace and scale of its capital expenditures after years of ramping up costly improvements to its sprawling fulfillment network.
The evolution of artificial intelligence could make search engines, e-commerce platforms, and productivity sites obsolete.
Markets are optimistic amid progress in negotiations over raising the US debt ceiling.
The two leading U.S. telecom stocks, AT&T (NYSE: T) and Verizon (NYSE: VZ), came under significant pressure on Thursday. The source of this was a media article about the market entry of a potentially powerful new rival. This put enough fear in investors to drive AT&T's share price down 5% on the day, while Verizon's suffered a nearly 3% decline.
Yahoo Finance markets contributor Remy Blaire joins the Live show from the floor of the NYSE to discuss a rise in Dish Network shares after reports that Dish plans to sell phone plans through Amazon.
Dish Network is reportedly in talks to sell its mobile phone service through Amazon.
Loop Capital Markets Managing Director Anthony Chukumba joins Yahoo Finance Live to examine the retail environment as chains Best Buy and Dollar Tree report earnings.
Costco Wholesale and Target both reported year-over-year decreases in e-commerce sales in their most recent quarterly reports, and many smaller e-commerce companies are in the same boat. Amazon, the indomitable king of e-commerce, has been struggling with too much infrastructure, slowing sales growth, and high pandemic-fueled growth that's harder to build on now. It operates a business-to-business platform offering cross-border solutions for online retailers.
Share prices of Chewy (NYSE: CHWY) are down 18% year to date. Slowing revenue growth coming out of the pandemic and losses on the bottom line have weighed on the stock for the last year. Pets are part of the family, and Chewy is emerging as the go-to online destination for convenient access to a large selection of pet food and other essentials.
The streaming wars are evolving. Here's what that could mean when it comes to the next big growth driver in the competitive space.
Microsoft (NASDAQ: MSFT) unveiled a series of new artificial intelligence (AI) projects and features at its Build 2023 conference on Tuesday. Copilot is an AI-powered virtual assistant that will be integrated across Microsoft's Windows 11 operating system -- making it easy for users to get answers to questions, rewrite text, and perform functions across different applications. Microsoft co-founder and former CEO Bill Gates believes that personal-assistant technology will play a key role in deciding who ultimately emerges as AI's biggest winner -- and it could mean trouble for Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN).
In my view, he recently added another one to the list: Buffett sold some of Berkshire's shares of Amazon (NASDAQ: AMZN) in the first quarter. First, Berkshire didn't sell much of its stake in Amazon -- only 115,000 shares. Berkshire still owns over 10.5 million Amazon shares that are worth around $1.2 billion.
The improvement has already allowed several consumer-reliant companies to begin recovering, with Amazon and PayPal well positioned to see their stocks surge over the next year. Last year, Amazon's stock tumble came alongside operating losses totaling $10.6 billion in its e-commerce segments in fiscal 2022.
Microsoft, KB Home and Amazon have been highlighted in this Earnings Trends article.