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.
Amazon has faced repeated delays in launching a new AI-powered Alexa. Integration with partners like Uber and Ticketmaster has complicated troubleshooting processes.
Amazon says it doesn't intend to raise its merchant fulfillment and referral fees next year. In a message to its sellers published Tuesday (Nov. 19), the eCommerce giant said that — despite inflation and greater investment in employee pay and benefits — it had managed to reduce costs through innovation, greater efficiency and reducing defects.
Common Sense Networks Unveils SENSICALMATCH.AI™ an innovative hybrid human+AI AdTech solution powered by Deloitte and AWS redefining safe kids advertising.
AI is expected to have a multi-trillion dollar economic impact globally, with a recent estimate from IDC placing AI's cumulative potential impact through 2030 at $20 trillion. Developing larger models and doubling model sizes requires massive computing power that only Big Tech can afford to develop. Big Tech is already realizing AI-related gains, with three of the four saying AI revenue is at l...
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