Shares of technology companies experienced an uptick following impressive earnings results from a major player in the industry. Amazon.com saw a rally in its shares after reporting third-quarter sales growth that surpassed Wall Street's expectations. Market investors and traders had high hopes for the tech giants, despite rising costs of capital across various sectors. … [Read more...] about Technology Companies See Stock Market Boost After Strong Earnings
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Big Tech’s Notable Winners Continue to Gain Momentum
Wells Fargo analyst Ken Gawrelski is singing the praises of Amazon.com Inc.'s stock (AMZN, -2.04%) as it continues to soar in 2023, with a remarkable 51% increase so far this year. In fact, Gawrelski considers it such a standout performer that he has included it in Wells Fargo's esteemed "signature picks" list. Maintaining an optimistic outlook, Gawrelski believes that there is … [Read more...] about Big Tech’s Notable Winners Continue to Gain Momentum
