Home Depot and Walmart kick off first-quarter retail earnings next week.
Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com.

Amazon says will invest $9 billion in Singapore

03:40am, Tuesday, 07'th May 2024
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.
This comes after AWS pumped over SG$11 billion through 2023 into Singapore's cloud infrastructure and ecosystem.
Amazon.com Inc. plans to spend $9 billion in expanding its cloud computing infrastructure in Singapore, Bloomberg News reported on Monday.

3 Reasons to Buy Amazon Stock Now

08:37pm, Monday, 06'th May 2024
Margins at Amazon continue to ramp dramatically higher. AWS' growth rate is accelerating for the first time in several quarters.
Schwab clients bought Nvidia, Microsoft and Amazon even as markets melted in April after five months of gains. They sold Disney, PayPal and Exxon.
As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its stores.

The 3 Best Retail Stocks to Buy in May 2024

03:03pm, Monday, 06'th May 2024
Changing consumer trends and the growing popularity of e-commerce have brought about a significant change in the retail sector. There are challenges in keeping the physical stores running while ensuri
Since last October, the Dow Jones Industrial Average has been riding another bull market higher. The venerable index gained 23% through March while regularly achieving new all-time highs.
Amazon has made a number of investments over the last several months as the company builds out its AI platform. As part of a $4 billion investment in AI start-up Anthropic, Amazon will be deploying it
Amazon is demonstrating strong performance powered by new AI inititaves. Management sees incredible future opportunities built on the AI infrastructure.
Zacks.com users have recently been watching Amazon (AMZN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Here's when Amazon stock could hit $200

09:41am, Monday, 06'th May 2024
Following another impressive quarterly report, Amazon (NASDAQ: AMZN) stock surged by over 5% in subsequent trading sessions, sparking speculation among investors about whether it can surpass the elusi
We have narrowed our search to five U.S. corporate behemoths that have strong growth potential for 2024. These are: GOOGL, NFLX, AMZN, NOW, BSX.
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