Citi raised the target price of amazon (AMZN.US) to $252, expected to welcome multiple growth catalysts.
Citigroup's research report pointed out that from the third quarter performance of Amazon (AMZN.US), the company is more confident in achieving significant gross profit expansion while being able to invest in growth. The bank emphasizes that the improvement in retail efficiency has reduced Amazon's service costs, thereby speeding up delivery times, increasing conversion rates, and increasing overall consumer market share under lower average selling prices and essential products. Citigroup expects Amazon to experience multiple growth catalysts. The bank stated that in terms of AWS, revenue from Generative AI (GenAI) is growing at a double-digit rate annually, with Annual Recurring Revenue (ARR)
How to trade the 'Harris Counterattack'?
Goldman Sachs trader Andrey Alipov believes that the most profitable trades currently are to go long on wind power and Asian stocks - previously the market went crazy for Donald Trump trades, but if Harris stages a comeback, these two types of stocks have a significant rebound space.
USA election, who will win? The two main candidates are battling in the 'swing states', this guide for watching and trading is worth collecting!
This may determine the direction of the US economy for the next four years. This may determine the direction of the US economy for the next four years.
Express News | Bezos and OpenAI invest in siasun robot&automation startup Physical Intelligence with a valuation of 2.4 billion USD.
Nuclear Stocks Are Tumbling Monday: What's Going On?
Jeff Bezos and OpenAI Invest in Robot Startup Physical Intelligence at $2.4 Billion Valuation