Amazon recently joined the $2 trillion club, making it one of the most dominant companies in the world. With three compelling reasons to buy Amazon stock, investors should take a closer look. Firstly, Amazon Web Services (AWS) is seeing a resurgence in growth. As the largest cloud computing provider, AWS’s revenue increased by 17% year-over-year … Read more
Amazon, one of the five companies in the $2 trillion club, is seen as a strong investment option. With three key reasons why it’s a good buy right now, investors should consider adding Amazon stock to their portfolios. Firstly, Amazon Web Services (AWS), the largest cloud computing provider, saw a 17% increase in revenue in … Read more
Broadcom’s stock split is approaching on July 12, and some investors may be wondering if they should act quickly. The semiconductor and software company’s stock price has nearly quadrupled since October 2022, with shares up over 50% so far this year. The company announced plans for a 10-for-1 stock split in its June quarterly report, … Read more
Broadcom (NASDAQ:AVGO) is gearing up for a 10 for 1 stock split scheduled for July 12, 2024, following the success of its stock as it surpassed $1,700 this month due to the AI boom. This move comes after another AI leader, Nvidia (NASDAQ:NVDA), recently split its shares. The summer of 2024 has presented interesting opportunities … Read more
In a recent compilation of the Top 10 Blue Chip Dividend Stocks to Buy, Cisco Systems, Inc. (NASDAQ:CSCO) is analyzed in comparison to other blue-chip dividend-paying stocks. Blue-chip companies are known for their strong financial health, stable profitability, and regular dividend payments. The Dow Jones Industrial Average, a widely regarded blue-chip stock index, consists of … Read more
IBM recently finalized the acquisition of StreamSets and webMethods to enhance its AI platform and automation capabilities for commercial enterprises looking to digitalize quickly. These acquisitions will provide comprehensive data and application integration platforms, complementing IBM’s existing DataStage and Databand platforms. StreamSets specializes in real-time data integration for hybrid multi-cloud environments, while webMethods offers API … Read more
Amazon is embarking on a massive expansion of its data centers, with plans to spend more than $100 billion over the next decade. This move marks the beginning of what Amazon is calling its “vast expansion era” for data centers, important for the future of artificial intelligence (AI). As the global leader in cloud servers, … Read more
Amazon is planning to invest over $100 billion in new data centers over the next ten years. This significant investment is aimed at enhancing the company’s artificial intelligence infrastructure, as it aims to keep up with the growing demand for data center services. The Seattle-based tech giant is set to launch at least 216 data … Read more
Broadcom’s stock price nearly doubled last year, with shares up over 45% in 2024. To make ownership more accessible, Broadcom announced a 10-for-1 stock split on July 12, 2024. This split may serve as a catalyst for further growth as historical data shows a 25% rise post-split. The acquisition of VMware has contributed to Broadcom’s … Read more
Amazon has seen strong growth in recent years, bouncing back from a 50% decline in 2022 to now boasting a 123% gain since the start of 2023. The company has benefited from cost-cutting measures and lower inflation, allowing it to invest heavily in emerging sectors like artificial intelligence and digital advertising. With a price-to-sales ratio … Read more