amazon

Amazon.com is one of the world’s largest technology and e-commerce companies.

Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, Amazon began as an online bookstore but quickly expanded into selling a vast range of products, including electronics, clothing, household goods, and more. Today, it operates a massive global online marketplace where individuals and businesses can buy and sell goods.

Beyond e-commerce, Amazon is a major player in several other industries:

  • ☁️ Cloud computing through Amazon Web Services (AWS), one of the largest cloud platforms in the world
  • 🎬 Digital streaming with services like Prime Video
  • 📦 Logistics and delivery, with its own shipping network
  • 🧠 Technology and AI, including devices like Alexa and Echo

Amazon is known for its focus on customer convenience, fast delivery (such as Prime shipping), and a wide selection of products and services.

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Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns or, more likely, end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain even more by applying AI.

Amazon.com is a long-time buy recommendation for Power Growth Investors. GE Healthcare is a January 2023 spinoff from General Electric. Their embrace of AI to improve their offerings and deepen their relationships with customers only adds to their appeal—and our confidence!
AMAZON.COM INC., $237.50, has just unveiled a next-generation version of its autonomous Proteus warehouse robot as part of 10-billion-euro ($11 billion U.S.) commitment to expanding and modernizing its European fulfillment network.

Unlike the original model, which could only function in loading dock zones, the redesigned Proteus is capable of moving throughout an entire facility, wherever goods need to be transported.
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Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month:


GEN DIGITAL INC., $19.67, is a buy. The firm (Nasdaq symbol GEN; TSINetwork Rating: Extra Risk) (gendigital.com; Shares outstanding: 616.3 million; Market cap: $12.1 billion; Dividend yield: 2.5%) is the parent company for several security-related brands, including Norton, LifeLock, and Avast.
Amazon’s Zoox unit has announced that it is bringing its autonomous vehicle testing program to Dallas and Phoenix; that expands its footprint to 10 U.S. markets. Amazon acquired the startup for $1.3 billion in 2020.


AMAZON.COM INC., $209.87, remains a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares outstanding: 10.7 billion; Market cap: $2.3 trillion; No dividends paid) says that Zoox will deploy a small number of retrofitted Toyota Highlander SUVs—equipped with its full sensor suite but staffed with a human safety driver—to map Dallas and Phoenix before any fully autonomous testing begins. Zoox said the two cities are suited to stress-testing the company’s self-driving tech, due to their sprawling street grids and varied weather.
Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month: AMAZON.COM INC., $204.79, remains a buy. The company (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares outstanding: 10.7 billion; Market cap: $2.2 trillion; No dividends paid) now says it will cut around 16,000 corporate employees, the latest step in the technology giant’s efforts to slim down its workforce. The first round of cuts, in October, led to around 14,000 white-collar employees being let go.
TRAVEL + LEISURE CO., $51.89, symbol TNL on New York, is still a buy. The company is the world’s largest vacation ownership and exchange company with nearly 20 travel brands across its resort, travel club, and lifestyle portfolio. In total, Travel + Leisure operates over 270 timeshare resorts, with over 804,000 owners.

The company has just announced a long-term marketing partnership with Hornblower Group, a global leader in maritime hospitality and transportation.

Through this collaboration, Travel + Leisure and its family of brands will be prominently featured at Hornblower’s ports and vessels....
Through its Amazon Web Services (AWS), Amazon.com is one of the world’s largest providers of cloud infrastructure services. And, like its rivals, it needs lots of electricity to power its operations—including its AI development and service offerings.


AMAZON.COM INC., $212.52, remains a buy. The company’s (Nasdaq symbol AMZN; TSINetwork Rating: Average) (www.amazon.com; Shares outstanding: 10.6 billion; Market cap: $2.3 trillion; No dividends paid) has just announced a strategic framework agreement with giant German utility RWE.


The deal will see the utility provide clean power delivery and in exchange receive cloud services....
SNOWFLAKE INC., $208.18, symbol SNOW on New York, provides cloud-based data storage and analytics to more than 11,500 customers worldwide.

San Mateo, California-based Snowflake was founded in 2012 to help companies manage data they store in the cloud—the remote servers and software services that firms use to store and process vast amounts of information....