Amazon announced its Prime Day 2026 event will take place from June 23 to 26, earlier than the usual July timing. This year, the event will emphasize deals on groceries, household essentials, and back-to-school items, reflecting changing consumer priorities amid economic challenges. Last year's Prime Day saw $24.1 billion in U.S. online spending, highlighting the event's growing importance for retailers and shoppers alike. Amazon aims to attract members with fast, free delivery on a wide range of products.
Amazon's free cash flow has sharply declined to $1.2 billion from $25.9 billion due to increased capital expenditures driven by aggressive AI investments. However, AWS revenue grew 28% in Q1 2026 with expanding margins, supported by custom silicon te...
Jeff Bezos has started Prometheus, a new AI-driven company targeting the $70 trillion physical economy, including manufacturing, drug development, and chip production. This sector is about ten times larger than the ecommerce market that made Amazon a...
Amazon's stock has pulled back by over 10% recently, trading at $237.50, despite strong fundamentals. AWS growth accelerated 28% in Q1 2026, the fastest in 15 quarters, and the custom silicon business is scaling rapidly. CEO Andy Jassy highlights maj...
The consumer services sector is currently undervalued compared to historical averages and scores highest in quality within its sector. The FDIS ETF provides broader exposure and better value than the XLY ETF, with slightly better long-term returns, t...
The Invesco QQQ Trust provides investors a single ticker to access the top 100 largest non-financial Nasdaq companies, heavily weighted in AI and tech leaders like NVIDIA, Microsoft, and Apple. It has delivered strong returns, up over 20% year-to-dat...
