These 2 Unstoppable Growth Stocks Can Make You Richer in 2024
These stocks have what it takes to drive investor returns for years to come.
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These stocks have what it takes to drive investor returns for years to come.
The Road Ahead: How Nimble Microsoft Avoids iPhone's Fate as Apple Slumps into Uncertainty. Microsoft Diversification Provides Buffer as Apple Risks Regulatory Storm
The Cloud race is heating up and all three frontrunners, namely Amazon, Microsoft and Google reported strong cloud growth in the fourth quarter.
Amazon's plan to acquire iRobot for $1.4 billion has been halted by European regulators, despite the company's strong fourth-quarter sales and revenue growth from generative AI features in its cloud and ecommerce businesses. AWS CEO Andy Jassy highlighted the incorporation of generative AI into many of its services, with the expectation that it will drive tens of billions of dollars of revenue in the coming years.
:Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period.Investors cheered the results, sending Amazon shares up as much as 8 per cent in trading after the market close.