Amazon (AMZN) has been upgraded to a Strong Buy due to its strategic investments in AI infrastructure and cloud capacity, positioning it to lead in AI services. Although the company faces negative free cash flow margins through 2026, analysts expect a turnaround starting in 2027 with margin recovery by 2028. Strong e-commerce growth, AI partnerships, and chip sales support Amazon's long-term competitive advantage. The market's focus on short-term margin erosion overlooks Amazon's broader ecosystem dominance and growth potential.
Rocket Lab is acquiring Iridium Communications in an $8 billion cash-and-stock deal to combine its rocket launch and satellite manufacturing business with Iridium’s global low-Earth-orbit satellite network and valuable wireless spectrum rights. This ...
Kobo has partnered with StoryGraph, a popular reading tracker, to allow automatic syncing of reading progress on Kobo devices with StoryGraph accounts. This integration, now live, makes Kobo the first eReader to connect with StoryGraph's book communi...
Amazon's shares increased nearly 4% following reports of stronger-than-expected consumer spending during its Prime Day event from June 23-26. Adobe Analytics data showed US online retail sales reached $26.4 billion, a 9.3% rise from last year and sli...
Amazon's Prime Day event generated a record $26.4 billion in U.S. online spending over four days, slightly surpassing Adobe's estimate of $26.3 billion. The sales surge was driven by steady discounts on electronics, apparel, and toys, with consumers ...
Hyperscaler stocks such as Amazon, Meta, Microsoft, and Google are currently trading at compressed valuations due to rising AI infrastructure costs, especially in memory. However, AI-generated revenue for these companies is beginning to outpace capit...
