Amazon is well positioned across multiple industries and the stock should jump, according to Citi.
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Citi adds Amazon to its focus list, says stock can rise 30%
Technology
Here are 3 major moments that drove the stock market last week
A massive market snapback on Friday couldn’t erase all of the week’s damage. After several days of selling, the tech sector roared back, with the Nasdaq gaining over 2% on Friday. Chipmakers Nvidia and Broadcom led the way, with gains of 7.8% and 7.2%, respectively. The broad-based S & P 500 rose nearly 2% in […]
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Technology
Nearly a thousand Google workers sign letter urging company to divest from ICE, CBP
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York, Nov. 17, 2021. Andrew Kelly | Reuters More than 900 Google workers have signed an open letter condemning recent actions by U.S. Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), urging the tech giant to disclose […]
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Technology
Elon Musk wants to be a trillionaire — here’s how SpaceX may get him there
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes. […]
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