AMAZON STOCK
Amazon Sale 20 - 21 July - Top brand deals during Prime Day 2024 revealed
Amazon Prime Day 2024 is set to offer unbeatable deals on a wide range of top brands from July 20-21. This year’s sale includes significant discounts on electronics, home essentials, fashion, beauty products, and more. Don’t miss out on this opportunity to grab the best deals of the year and upgrade your lifestyle at a fraction of the cost.
Wall Street’s broadening trade pressures index-tracking billions
Such a broadening in the winners’ list has been sought for years by market skeptics lamenting an equity melt-up whose momentum has been generated by a tiny cohort of asset-light firms. But it’s a less obvious blessing in the short term for passively managed investors. They’ve stashed one in every four ETF dollars in just five funds — products that are now perilously exposed to the fate of the Magnificent 7.
Nasdaq ends sharply lower as investors rotate out of Big Tech
The Nasdaq fell sharply due to Nvidia, Apple, Tesla, Microsoft, Amazon, and Meta Platforms losses amid inflation data. Smaller companies rallied, boosting the Russell 2000. Heavy U.S. trading was noted as the S&P 500 fell and real estate rose 2.7%. Delta and Conagra Brands forecast lower profits; Tesla delayed robotaxi launch. Citigroup fined $136M.
Nifty Top 10 Equal Weight index: Is it worth your money?
The Nifty Top 10 Equal Weight Index is a new addition by NSE, tracking the top 10 stocks from Nifty 50 with equal weights. While it may be a benchmark for asset managers, retail investors may find better diversification with existing options.
Ahead of Market: 10 things that will decide stock action on Wednesday
Nifty soared to a new record high on Tuesday, forming a bullish pattern on the charts. After breaking through the 24,400 resistance level, the next target for the index could be 24,960. The momentum indicator showed bullish trade on the counters of BASF India, Kaynes Technology, Hindustan Aeronautics, Britannia Industries, and Colgate-Palmolive (India).
AI boom reshapes Wall Street as TSMC joins trillion-dollar club
The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.
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AI boom reshapes Wall Street as TSMC joins trillion-dollar club
The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. The top ten of the world's most valuable companies is headed by Microsoft and Apple, closely followed by AI chip designer Nvidia.
Online discounts to rain heavy from July, ease dry spell of electronics, apparel cos
Brands are gearing up for a surge in online discounts and promotions starting this month, aiming to clear unsold inventory ahead of the festive season. Expectations are high for the discounts to be the steepest since Covid-19, particularly in categories like smartphones, electronics, and apparel, which have faced sales pressure in the first half of the year. Multiple sales events are planned by marketplaces like Amazon and Flipkart, including Prime Day and Independence Day sales, extending till Diwali.
US stock indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data
According to preliminary data, the S&P 500 gained 29.67 points, or 0.54%, to end at 5,566.69 points, while the Nasdaq Composite gained 163.04 points, or 0.90%, to 18,351.34. The Dow Jones Industrial Average rose 64.78 points, or 0.16%, to 39,372.78.
Wall St Week Ahead: Earnings season to test hopes for broader stocks rally
The S&P 500 has rallied 16% so far in 2024, driven by a handful of massive stocks poised to benefit from emerging artificial intelligence technology. Only 24% of stocks in the S&P 500 outperformed the index in the first half, the third-narrowest six-month period since 1986, according to BofA Global Research strategists.
Amazon Sale 2024 - Up to 70% off on Beauty and Fashion in Ultimate Brand Sale
Join the Amazon Sale 2024's Ultimate Brand Sale, which is offering a large selection of fashion and cosmetic products at up to 70% off. Save a tonne of money on skincare products, makeup, accessories, apparel, and more when you shop top brands. This is the ideal chance to update your beauty collection and outfit with premium products at incredible savings. Don't pass up these special offers; upgrade your look and beauty regimen right now.
15 places to buy Amazon liquidation pallets in the USA
Discover reputable companies offering Amazon liquidation pallets with a wide range of products at competitive rates. From electronics to household essentials, these top 15 companies provide quality goods for wholesalers, retailers, and bargain hunters.
Bezos to sell $5 billion of Amazon as shares hit record high
Bezos would still hold nearly 912 million shares, or about 8.8% of Amazon, following the latest sale. He’s the world’s second-richest person with a net worth of $221.6 billion, according to Bloomberg’s wealth index, and also owns space-exploration company Blue Origin and the Washington Post.
Amazon Prime Day 2024 - Here's everything you need to know
Amazon Prime Day 2024 promises to be a shopping extravaganza, offering Prime members unparalleled access to discounts, new product launches, and more. This annual event, known for its blockbuster deals across various categories, is set to deliver exceptional savings and excitement over two days. Whether looking for tech gadgets, home essentials, fashion must-haves, or entertainment upgrades, Prime Day is the ideal time to snag incredible bargains and explore the latest innovations.
Want a slice of AI pie? Here's what it will cost stock market investors
Retail investors are now viewing AI as a promising investment frontier, with significant potential for gains by investing in leading companies in this field. Nvidia, a maker of AI chips, has seen its stock surge threefold in the past year, making it one of the most valuable companies in the world with a market capitalisation over $3 trillion.
Where US stock market is headed after wild first half: 5 charts
A boom in artificial intelligence fueled a blistering first half for the US stock market, and traders expect to see the same — and more — in the remainder of the year.
Amazon crosses $2 trillion in stock market value for the first time
Amazon.com Inc. crosses $2 trillion market value, influenced by AI applications and investments in AWS growth, Anthropic, and business-focused AI products like AI models and chatbot Q.
Wall Street ends slightly up, trade choppy ahead of inflation data
Strategic investments like Volkswagen's $5 billion in Rivian signal a shift towards sustainable energy. The market anticipates further developments in the electric vehicle sector. Investors carefully analyze such moves, impacting stock performances and sector trends. The market remains dynamic, responding to key catalysts and economic indicators for future insights.
US stocks struggle for direction as investors evaluate tech trade
Financial markets experience shifts as key tech and retail companies show varied performance. Wall Street awaits crucial inflation data. Analysts predict possible sector rotation based on earnings and inflation trends.
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
The stock climbed 3.4% to $192.70, pushing the e-commerce giant’s market value past $2 trillion. This elevation places it alongside technology giants like Microsoft Corp, Apple Inc, Nvidia Corp, and Alphabet in the elite $2 trillion club.
Home Makeover Sale on Amazon - Up to 55% off on best-selling appliances
Amazon's Home Makeover Sale offers incredible discounts of up to 55% on a wide range of best-selling appliances. Upgrade your home with top-quality refrigerators, washing machines, air conditioners, and more from leading brands. This limited-time sale provides the perfect opportunity to enhance your living space with the latest technology and stylish designs. Don't miss out on these amazing deals—shop now and save big on all your home appliance needs.
Amazon Sale 2024 - Up to 35% off on daily essentials for home
The Amazon Sale 2024 is here with fantastic discounts on daily home essentials. Enjoy up to 35% off on a wide range of products, from cleaning supplies to kitchen gadgets. This is the perfect opportunity to stock up on everything you need to keep your home running smoothly. Grab these deals before they’re gone!
Nvidia's stock market value surpasses $3 trillion. How it rose to AI prominence, by the numbers
Nvidia's stock price has more than doubled this year, making it the third most valuable company in the S&P 500. The company is set to undergo a stock split, giving investors nine additional shares for every one they own.
Nvidia's stock market value surpasses $3 trillion
Nvidia's stock price has more than doubled this year and it's now the third most valuable company in the S&P 500. The company is also about to undergo a stock split and has seen soaring demand for its semiconductors.
India must loosen the cords tying it too tightly to the pervasive influence of global Big Tech
India aims for self-sufficiency through autarky and atmanirbhar initiatives, focusing on nurturing the 13 markers of 'Viksit Bharat' for a fully digitised economy and sustained growth in various sectors.
S&P 500 pauses after recent gains as investors assess rate path
That dampened optimism spurred by a positive earnings season and softer-than-expected labor market data that had tempered concerns about the Federal Reserve keeping interest rates higher for longer.
Is hyper competition from Reliance Retail and Amazon over for them? 4 retailer stocks; 2 with an upside potential above 21%
Retail is one sector where even the best of the names of the India Inc have failed to taste success. It is not only the story in India, but globally. An industry where survival rate is not very high and the worst part, even after staying in business for decades, suddenly they go down under. Most prominent one which went down after years of existence is the Future group of companies. The players who have managed to survive, should better be bought back on the watchlist as there may be another round of re-rating when Reliance retail goes public.
Tech stocks’ biggest weekly rout since 2022 roils markets
The S&P 500 index closed down 0.9%, dropping for the sixth straight session and the third straight week, leaving it more than 5% below its March 28 closing high. The Nasdaq 100 declined 2.1%, and recorded the deepest weekly drop since November 2022.
Which are the priciest & cheapest stocks in 'Magnificent Seven' group? Take a look
Meta's record-breaking, Al-fuelled rally has added $1 trillion in market value since its darkest days of 2022, and yet by some perspectives, it's still trading at a discount. Its shares traded 24 times estimated earnings this week, roughly in line with their 10-year average and just below the 25 times of the Nasdaq 100.
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