Amazon (AMZN) Plans To Reduce Its Reliance On Broadcom (AVGO) By Developing Its Chips: Amazon Web Services (AWS)
Amazon.com’s (AMZN) cloud computing company Amazon Web Services (AWS), wants to drive independence from semiconductor companies by adding its cloud computing system. In an article published Tuesday, The Information said Annapurna Labs, acquired by Amazon in 2015, will be working on chips that will lead to a reduction in AWS’s dependence on Broadcom (AVGO) supplies. […]
Amazon (AMZN), Apple (AAPL), Acadia Healthcare (ACHC), Tiffany (TIF) Stocks Stabilized, Boeing (BA) Fell On Thursday
Tiffany & Co. (TIF) was stable at +0.08% to $131.45. LVMH, the world’s largest luxury company, reports that New York jeweler Tiffany’s shareholders voted unanimously in favor of the revised merger agreement announced on October 29, 2020, at Wednesday’s extraordinary Tiffany meeting about LVMH’s planned takeover of Tiffany. The closing of the deal is scheduled […]
JD.com, AstraZeneca (AZN), Tiffany (TIF) Stocks Surged, Amazon (AMZN) Fell
JD.com, Inc. (JD) was up +3.92% to $89.52. Following the consensus of its board of directors, the Chinese e-commerce company listed on Wall Street to review the potential separation of the JD Cloud-AI sector in return for JD Digits shares. The Chinese authorities have also recently levied fines of $500,000 on the unfair pricing activities […]
Apple (AAPL), UnitedHealth (UNH), Exxon (XOM) Surged While Salesforce (CRM) Dropped
Apple Inc’s (AAPL) shares rose 3.08 percent to $122.72 on Tuesday. Jeff Bezos’ Amazon group will also use its cloud infrastructure software to manage Apple’s operating system, enabling it to provide on-demand services to developers on Mac OS. The U.S. health insurer, UnitedHealth Group Incorporated (UNH) rose 1.44 percent to $341.19, after raising its forecasts. […]