Shares of Amazon (AMZN 2.21%) rallied 11.5% in November, according to data from S&P Global Market Intelligence.Amazon's strong performance came on the heels of its third-quarter earnings report, which was delivered the evening of Oct. 31, setting up an exciting month that contained more product and partnership announcements.A busy November for both sides of Amazon's empireIn the third quarter, Amazon grew revenue 11% to $158.9 billion, with earnings per share of $1.43. Both figures beat analyst expectations ...

My last 'Buy' view on Amazon (NASDAQ: AMZN ) has been playing out well so far as it has outperformed the S&P 500 ( SPY ) ( SPX ) ( IVV ) ( VOO ):Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analyze and invest i ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Advertisement Jeff Bezos said he's "putting a lot of time" into Amazon despite stepping down as CEO in 2021.Bezos said Wednesday at the DealBook Summit that he's spending 95% of his time at Amazon on AI.Amazon announced this week it's building a supercomputer with Anthropic to enhance AI capabilities.Jeff Bezos stepped down as CEO of Amazon over three years ago, but he's still putting in the hours at the company to help it in the AI race. Speaking at The New York Times's DealBook conference on Wednesday, t ...

Hims & Hers (NYSE: HIMS ) has been on a monster rally in the last year, as it has become a dominant player in the telehealth market.The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been anal ...

While each "Magnificent Stock" holds a unique buy thesis, I see Amazon as the best opportunity in December.As 2024 draws to a close, many investors are probably wondering about the same things. Will there be a Santa Claus Rally this December, or will the markets sell off as investors prepare for tax loss harvesting?Spending too much time thinking about these things can disillusion investors, causing them to miss some obvious -- and lucrative -- opportunities.Below, I'm going to break down why I see December ...

Amazon’s (AMZN)  stock has rallied significantly since breaking above its previous 50-day and 200-day simple moving averages (SMAs) in September, which were in the $170 a share range.Hitting a new 52-week high of $220 a share on Wednesday, investors and technical traders may be amused by today’s announcement of Amazon's new powerful AI Chip. That said, let’s see if there are higher highs in store for Amazon with AMZN up more than +40% year to date.Image Source: Zacks Investment Research Amazon’s AI Expansio ...

In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when shopping on other websites.Now the company is bringing a similar concept to its cloud-computing business.At its Reinvent conference in Las Vegas on Wednesday, Amazon Web Services said a new Buy with AWS button will be available for cloud software partners to embed on their sites as a way for customers to pay.AWS is the leading provider of cloud infrastructure, ahead of Mi ...

SAN ANSELMO, CA - NOVEMBER 27: In this photo illustration, a Cyber Monday ad is displayed on a ... [+] laptop computer on November 27, 2017 in San Anselmo, California. Cyber Monday will likely be the biggest shopping day in U.S. e-commerce history with an expected $6.6 billion in sales. (Photo Illustration by Justin Sullivan/Getty Images)Getty ImagesNewly released data from e-commerce advertising platform Pacvue reveals intensifying competition among Amazon sellers during Cyber Monday, with advertising cost ...

Amazon founder Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, Sept. 20, 2021.Amazon founder Jeff Bezos spoke optimistically of President-elect Donald Trump Wednesday at The New York Times' DealBook Summit, saying he expects a more friendly regulatory environment in the upcoming administration."I'm actually very optimistic this time around," Bezos said on stage. "He seems to have a lot of energy around reducing regulation. If I ca ...