Amazon (NASDAQ: AMZN) is finally back in the market’s favor after a blowout first-quarter report that showed its fantastically high spending is leading to incredible results. There was a lot of good news, including triple-digit growth in its chips business and an 170% increase in client spend, quarter over quarter, on its Bedrock platform.
But it has another business in the works that could add substantial value to the company.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Amazon has been working on a satellite broadband business for a few years. Previously known as Project Kuiper, it’s now called Amazon Leo.
Although the service hasn’t been launched yet, it has made several important deals. Most recently, it…
https://finance.yahoo.com/markets/stocks/articles/1-overlooked-reason-buy-amazon-200500137.html
