Tag Archives: Amazon

Whether you cut a pie into 10 pieces or 100 pieces, it shouldn’t affect how much the pie is worth. But in the stock market, a stock split — which is essentially cutting shares into smaller pieces — can have some meaningful consequences. According to Bank of America, S&P 500 companies that announced stock splits since 1980 have returned an average of 25.4% over the following 12 months, versus the S&P 500’s average return of 9% over the same period. In fact, the bank says that after a… Source link

You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield Being a landlord is one of the oldest ways to earn an income stream. And these days, you don’t have to buy a house to get a piece of the action. Check out real estate investment trusts, which are publicly traded companies that own income-producing real estate. REITs collect rent from their properties and pass it along to shareholders in the form of dividends. That means investors don’t… Source link

It’s been a great week for the portfolio. Ahead of the long holiday weekend, I know the buzz centers on Nvidia (NVDA) and how this great $465 billion company signaled a sea change when it reported a solid quarter, cut guidance — and shares rallied. That was directly contrary to the pattern before it. I am not so sure of the direction here when it comes to technology stocks. I believe that if your company caters to the enterprise, a la Club holding Marvell Technology (MRVL), the process is… Source link

Al Michaels may be done in the “Sunday Night Football” booth, but he’s not leaving NBC just yet. Michaels has been given “emeritus status” and will “continue to broadcast and contribute across NBC Sports’ high-profile properties,” the network announced on Tuesday. Among other things, Michaels is expected to work NFL playoff games on NBC and help with Olympics coverage again in 2024. Michaels is set to take over calling “Thursday Night Football” broadcasts for Amazon Prime… Source link

Martin Sorrell, founder and chairman of media firm S4 Capital, believes the war in Ukraine has the potential to benefit three of America’s biggest tech firms. “I’m very bullish on the tech giants … because the war will have an impact on them,” Sorrell told CNBC at the World Economic Forum in Davos Monday. He added: “The big three — Google (or Alphabet), Meta, and Amazon — will benefit, I think, as a result of the war.” Explaining his reasoning, Sorrell said: “Defense means cyber defense… Source link

Google and Amazon are both set to help build “Project Nimbus,” a mammoth new cloud computing project for the Israeli government and military that is spurring intense dissent among employees and the public alike. Shareholders of both firms will soon vote on resolutions that would mandate reconsideration of a project they fear has grave human rights consequences. Little is known of the plan, reportedly worth over $1 billion, beyond the fact that it would consolidate the Israeli… Source link

Faisal Masud knows what it takes to make a multibillion-dollar company thrive. The 49-year-old spent more than two decades working his way up the executive ranks at Amazon, Google, eBay and Staples. Now, he’s trying to implement lessons from those successful firms as the CEO of Fabric, a Seattle-based e-commerce start-up that launched in 2016 and is valued at $1.5 billion. (The company stylizes its name as “fabric,” to avoid confusion with online insurance company Fabric Technologies.) Masud… Source link

(Bloomberg) — Shares of Rivian Automotive Inc. sank 21% as some early stakeholders got their first chance to unload shares on Monday. Most Read from Bloomberg Selling restrictions on certain Rivian insiders and investors ended on Sunday, freeing up a sizable chunk of the electric-vehicle maker’s float for public trading. The stock has now collapsed 87% from its November high. Now, the focus turns to the company’s two most prominent corporate backers — Amazon.com Inc. and Ford Motor Co…. Source link

Getty Images; Chris Ratcliff | Bloomberg | Getty Images Shares of Amazon and Google parent Alphabet just closed out their steepest monthly drops since the 2008 financial crisis. The internet giants both reported weaker-than-expected quarterly results this week, hurt by a combination of macroeconomic factors, the war in Ukraine and tough comparisons to blowout numbers during the pandemic. Amazon tumbled 23.8% in April, its biggest decline since falling 25.4% in November 2008, the same month… Source link

Rivian’s (RIVN) recent stock performance may have burned a hole in many a retail investor’s portfolio. It’s also burned a big hole in Ford (F), and now Amazon’s, quarterly performance. Last night in its first quarter earnings report, Amazon (AMZN) revealed it booked a $7.6 billion mark-to-market loss on its investment in Rivian, which led to an overall $3.8 billion net loss for the quarter. Amazon owns an 18% stake in the electric vehicle maker. Earlier this week, Ford reported an overall $3.1… Source link