Business spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to data from Menlo Ventures released Wednesday. OpenAI ceded market share in enterprise AI, declining from 50% to 34%, per the report.
Hims & Hers Health can potentially face significant competition from Amazon's aggressive pricing and broad telehealth offerings, but its personalized care and strong financials offer resilience. Not every market Amazon has stepped into has been super disruptive, even if the market initially thought it would be. One example I mention is Amazon's Whole Foods acquisition. Hims & Hers' financials a...
Amazon is introducing new and improved Echo Show smart displays, going bigger than ever on the devices that can be used use as a home organization hub in the kitchen or elsewhere.
Amazon on Wednesday introduced the Echo Show 21, its largest Echo Show yet. The smart display comes with double the viewing area of the existing Echo Show 15, which is also getting an upgrade.
Amazon's stock has rallied to new highs, driven by robust AWS growth and attractive valuation metrics, but wait for pullbacks before buying into year-end 2024. Amazon's Q3 earnings beat expectations with EPS of $1.43 and revenue of $158.9 billion, though cloud segment growth still lags behind Alphabet and Microsoft. Amazon's forward price-earnings ratio is high at 39.49x, but its forward price-...
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.