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Tech Stocks Surge Amid AI Euphoria; Bristol Myers

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Tech Stocks Surge Amid AI Euphoria; Bristol Myers

Tech stocks led a rally in U.S. markets on Thursday, buoyed by excitement over advancements in artificial intelligence (AI). Alphabet (GOOG, Financial) (GOOGL, Financial) shares jumped following the unveiling of its new Gemini large language model, which is expected to power Google’s AI chatbot, Bard. This move positions Google as a key player in the … Read more

Costco Stock: Buy, Sell, or Hold?

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Costco Stock: Buy, Sell, or Hold?

Costco Wholesale‘s (NASDAQ: COST) business has exploded in recent years, helping it become one of the world’s most successful retailers. In the last five years alone, shares of the warehouse retailer have soared 166%. The company’s unique business model of offering an annual membership in exchange for access to wholesale items at industry-low prices has … Read more

Amazon to Offer Lower-Cost Primary Care to Prime Members in Latest Healthcare Push

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Amazon to Offer Lower-Cost Primary Care to Prime Members in Latest Healthcare Push

Updated Nov. 8, 2023 3:43 pm ET Amazon.com is turning to Prime members to bolster its healthcare business, an industry where the company has sought to expand for years.  The tech giant on Wednesday revealed plans to offer its millions of Amazon Prime subscribers a low-cost annual membership to One Medical, the primary-care business Amazon … Read more

Stocks Stink in September. This Year Could Be Different.

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Stocks Stink in September. This Year Could Be Different.

September is here, and that can mean only one thing—it’s time to give up and go home. Or maybe not. There’s a lot to like about September. Temperatures are cooling, days are getting shorter but not too short, kids are going back to school, and the leaves are getting ready to turn. For the stock … Read more

Apple Needs a Plan of Action. What It Can Learn from Amazon.

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Apple Needs a Plan of Action. What It Can Learn from Amazon.

Apple and Amazon’s earnings were a tale of two tech companies. Apple is stuck in a sales slump and investors are starting to get nervous. The company’s sales have now fallen for three consecutive quarters, and it expects another decline in the current quarter. Amazon, on the other hand, impressed with strong profits and better-than-expected … Read more