Nasdaq AMZN Amazon

Technology stocks were edging higher, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.1% while the Philadelphia Semiconductor Index was advancing 1% this afternoon.

U.S. stock indexes swung between gains and losses on Thursday after minutes from the Federal Reserve's last meeting struck a hawkish note, buoying cyclical sectors, while technology shares were mixed after suffering big losses this week.

What happened After a sharp drop yesterday, the stock of Rivian Automotive (NASDAQ: RIVN) accelerated its slide on Thursday. This week alone, shares of Rivian have plummeted more than 20%. That includes a double-digit drop today, with the stock down 10% as of 10:30 a.m. ET.

Wall Street's main indexes fell in choppy trading on Thursday after minutes from the Federal Reserve's last meeting struck a hawkish note, pushing down shares of big technology companies and buoying economy-sensitive cyclical sectors.

Shares of Rivian Automotive Inc fell below their IPO price of $78 for the first time on Thursday, alongside a broader selloff in electric vehicle stocks.

Shares of Rivian Automotive Inc on Thursday dipped below their IPO price of $78, a day after one of its biggest investors, Amazon.com Inc, signed a partnership with European carmaker Stellantis NV. (Reporting by Nivedita Balu in Bengaluru; Editing by Ramakrishnan M.) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu;)) nL4N2TM2U0

Some Motley Fool analysts get together to talk about the companies they've learned the most from and some of the stocks they've sold recently (and why).

Buy now, pay later (BNPL) loans have exploded in popularity in recent years. As more young adults turn to these financing options, companies such as Affirm (NASDAQ: AFRM), Afterpay (OTC: AFTP.F), and Klarna have seen revenue growth accelerate.

U.S. stock indexes were set for a mixed open on Thursday, with banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve's hawkish signals.

We shouldn't ever copy others when making investment decisions, but it's hard to resist following Warren Buffett's moves. The great investor's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) company has consistently produced outsized returns for investors since Buffett took it ove

As we round into the new year, a lot of investors are looking for new stocks to bolster their portfolios. If you're tired of looking at the same old large and mega-cap technology stocks, it may pay to go down the rabbit hole and look at some mid- and small-cap companies. These st

Web 3.0 -- or a third generation of the internet -- is a concept popularized by venture capital firm Andreessen Horowitz to encompass the next wave of internet innovations. The idea starts with a currency that's digital, transferable around the world in an instant, and smart. In

Last year was a banner year for real estate investment trusts (REITs). The average REIT returned more than 35%, which crushed the S&P 500's 28% gain.

U.S. stock index futures were mixed on Thursday, with economy-linked banking and energy shares leading gains, while interest rate-sensitive growth names remained under pressure from the Federal Reserve's hawkish signals.

Tesla (NASDAQ: TSLA) kicked off the 2022 trading year by surging over 14% on Monday thanks to record-high quarterly and full-year production and delivery numbers. Since then, the Nasdaq Composite has turned negative year to date as growth and valuation concerns and a highly conta

Reliance Industries Ltd's retail arm has invested $200 million for a 25.8% stake in Indian online delivery platform Dunzo to get a foothold into the rapidly growing market of superfast dispatch of household goods.

When searching for stocks with massive upside, it's never a bad idea to start your research with smaller market-cap companies. Mid-cap companies, in particular, are a great place to look when balancing return potential with risk. These businesses are typically established and hav

LONDON (Reuters Breakingviews) - After a strong run for clicks, bricks will be back on the agenda in 2022. Amazon.com and Ikea are among the many retailers planning to rent or buy new locations. In theory, it’s a good sign for embattled la

Today we're going to take a look at the well-established Amazon.com, Inc. (NASDAQ:AMZN). The company's stock saw significant share price movement during recent months on the NASDAQGS, rising to highs of US$3,696 and falling to the lows of US$3,190. Some share price movements

Technology majors Amazon (NASDAQ: AMZN), Cisco (NASDAQ: CSCO) and defence major Lockheed Martin (NYSE: LMT) recently announced that they will be collaborating to integrate unique human-machine interface technologies into NASA's Orion spacecraft.

Following the news, shares of Amazon declined 1.9% on Wednesday. However, the stock pared its losses slightly to close at $3,291 in the extended trading session.

Strategic Impact

The partnership is aimed at providing astronauts with the benefits of far-field voice technology, AI and tablet-based video collaboration.

Under this collaboration, the Callisto technology demonstration will be integrated into NASA's Orion spacecraft for the agency's Artemis I uncrewed mission around the Moon and back to Earth.

While Callisto uses Amazon Alexa and Webex by Cisco to test and demonstrate commercial technology for deep space voice, video and whiteboarding communications, Lockheed Martin is leading the development and integration of the payload.

Management Commentary

The Vice-President of Amazon Alexa, Aaron Rubenson, said, "We're proud to be working with Lockheed Martin to push the limits of voice technology and AI, and we hope Alexa's role in the mission helps inspire future scientists, astronauts and engineers who will define this next era of space exploration."

Analyst Ratings

Recently, RBC Capital analyst Brad Erickson reiterated a Buy rating on the stock with a price target of $4,000, which implies upside potential of 21.7% from current levels.

Consensus among analysts is a Strong Buy based on 30 unanimous Buys. The average Amazon stock price prediction of $4,137.50 implies upside potential of 25.9% from current levels. Shares have gained 4.7% over the past year.

Website Traffic

TipRanks’ Website Traffic Tool, which uses data from SEMrush Holdings (SEMR), the world’s biggest website usage monitoring service, offers insight into Amazon’s performance this quarter.

According to the tool, Amazon's website traffic recorded a 26.53% monthly fall in global visits in November, compared to the same period last year. Moreover, the website traffic declined 5.09% year-to-date against the same period last year.

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