Nasdaq AMZN Amazon

The S&P 500 has fallen 22% from its all-time high, putting the benchmark index in a bear market. Losses of that magnitude can leave even experienced investors feeling rattled, but the worst mistake you can make is allowing yourself to get scared out of high-quality stocks. Th

The stock market hasn't been a happy hunting ground for investors in 2022, but investors willing to look past the volatility could make a fortune if they buy and hold solid companies for a long time.

The broader market decline over the past five months has left the S&P 500 at a year-to-date loss of 23% and has no doubt left many investors questioning the solidity of their portfolios. If you're considering making changes to your investments, or happen to be on the sideline

A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said.

From Jan. 1, 2019, till mid-November 2021, Shopify (NYSE: SHOP) stock took the market by storm with an 11-fold return thanks to its booming e-commerce business, rapid revenue growth, and massive total addressable market. But like many once red-hot tech stocks, Shopify is down a s

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Investors put their foot on the gas today and turned a good week for the Dow Jones Industrial Average into a great one. The Dow added roughly 823 points today and close to 1,600 points, or 5.3%, for the week to bounce week from a brutal decline the previous week.

Apple Inc will not challenge the results of a vote by workers at its Towson, Maryland, store to unionize and intends to participate in the bargaining process in good faith, a person familiar with the company's plans told Reuters on Friday.

The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the U.S. Supreme Court's decision on Friday to overturn the Roe v. Wade precedent that for decades guaranteed a woman's constitutional right to an abortion.

Following a pandemic-driven two-year hiatus, this week (June 21-24), Amazon (AMZN) re:MARS, the company’s global event for machine learning, automation, robotics, and space (MARS) event is back.

This event differs from AWS re:Invent in that it centers on innovations with a longer-term timeframe rather than more in the here and now. “However,” says Monness analyst Brian White, “anytime AI, robots, and space are key themes at a conference, we expect some headlines to be made.”

Considering the recent New York Times piece about a Google senior software engineer put on leave after claiming Google’s LaMDA, its latest AI chatbot, was sentient and “had consciousness and a soul,” White thinks recent events will create “incremental buzz” around Amazon’s Alexa. For its part, Google has said it disagrees with the engineer’s claims, but the story made the rounds, and White anticipates it will “raise more questions about Big Tech’s use of AI.”

Robots and delivery drones also make use of AI and ML capabilities, and last week’s announcement that Amazon Prime Air will begin making drone deliveries to customers in Lockeford, California, later in the year, is rather timely.

According to Amazon, the ordering process for Prime Air-eligible items will remain the same, but when making a delivery, the drone will fly to the predetermined spot, land in the customer's backyard, hover there at a safe distance before releasing the package and rising back up to altitude. Following almost a decade of work on the initiative, White thinks it is an “important development with interesting, long-term implications for Amazon.”

All in all, the 5-star analyst reiterated a Buy rating on Amazon shares and backed it with a $185 price target. Should the figure be met, investors are looking at one-year returns of 68%. (To watch White’s track record, click here)

Over the past 3 months, 38 analysts have reviewed Amazon’s prospects, and barring 1 Hold and Sell, each, all other reviews are positive, providing the stock with a Strong Buy consensus rating. Shares are anticipated to change hands for ~54% premium a year from now, considering the average price target stands at $177.89. (See Amazon stock forecast on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

America's largest bank, JPMorgan Chase & Co, will cover expenses for U.S.-based employees who need to travel far from home to get a medical service, including "legal abortions," according to a staff memo the bank sent earlier this month and seen by Reuters on Friday.

Roku ROKU announced that the second season of Chrissy’s Court, a Roku Originals, during its opening weekend, broke all U.S viewership records for unscripted Roku Originals programming.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $530.4 million dollar inflow -- that's a 0.9% increase week over

India's Zomato Ltd said on Friday it will buy local grocery-delivery startup Blinkit for 44.47 billion rupees ($568.16 million) in an all-stock deal as the food-delivery firm looks to take advantage of the booming quick delivery market.

Datadog Inc. DDOG recently announced the launch of Datadog Audit Trail to help businesses achieve their compliance and governance objectives. The new software service enables customers to audit all changes within the Datadog platform.The new service is aimed at helping en

TJX Companies (NYSE: TJX), the off-price retailer that owns TJ Maxx, Marshalls, HomeGoods, HomeSense, and Sierra Trading Post, has been one of the most resilient brick-and-mortar retailers in America.Over the past 10 years, TJX generated a total return of more than 200% for its i

Zscaler ZS recently announced the addition of new artificial intelligence (AI) and machine learning (ML) capabilities to its zero-trust security solution — Zscaler Zero Trust Exchange (“ZTE”). With this update, the company intends to improve the implementation of Security

The S&P 500 and the Nasdaq Composite are officially both in bear markets, trading at levels more than 20% below their all-time peaks. However, the cryptocurrency market's sell-off has been much worse. According to CoinMarketCap, the global market cap of all 19,941 cryptos is

eBay (NASDAQ: EBAY) is taking its massive collectibles business into the digital realm. The e-commerce giant acquired non-fungible token (NFT) marketplace KnownOrigin to turbocharge its digital asset trading ambitions.

Tech stocks as a class are going through their most challenging times since the 2008-09 financial crisis. Stocks like Meta Platforms have lost more than half their value over the last 12 months. Moreover, the ARK Innovation ETF, which tracks growth tech stocks, has dropped by mor