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-...
NEW YORK--(BUSINESS WIRE)--Deep Instinct, the zero-day data security company built on the first and only AI-based deep learning framework for cybersecurity, today announced the launch of Deep Instinct DSX for Cloud – Amazon S3. As organizations increasingly rely on the cloud to power their digital transformation, businesses are generating and storing record amounts of data in the cloud. Cybercr...
Amazon NASDAQ: AMZN and Meta NASDAQ: META are pulling back from their Q3 2024 highs and providing a second chance for investors to load up. Up more than 30% and 55% YTD, respectively, these stocks are experiencing natural corrections within robust bull markets and providing entry points for new and follow-on investments.
The market looks very expensive; thus, we've reduced exposure and raised cash to deploy strategically. Amazon's Q3 results were strong, with EPS of $1.43 and revenues of ~$159 billion, showcasing robust execution. Selling AMZN put options offers an 8.8% annualized cash yield and the potential to buy shares at an 11% discount.
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