Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing
Amazon and Microsoft saw some great surge in the year 2024, backed by the epic bull run at the US stock market, especially in the filed of technology. But, who will get the edge in 2025? Here' what we
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Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024. While Microsoft's Azure saw the higher revenue growth, it was Amazon's stock that outperformed in 2024.
That said, 20% earnings growth is still impressive and is reason enough to own the stock, as long as it can be purchased at a fair price. Amazon currently trades at 36 times 2025 earnings, which is a bit pricey.
The Magnificent Seven group of leading tech companies dominated in 2024... will they continue to shine in 2025?
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day after pledging to invest $3 billion in the country over the next two years as it intensifies competition with rivals Google and Amazon.
Amazon and Microsoft, of course, are more than just their cloud businesses. Amazon is still the world's largest e-commerce and logistics company. It also owns the Prime Video streaming service.
The world's top chip manufacturer on Friday said its December revenue reached 278.16 billion New Taiwan dollars ($8.4 billion), a 57.8% increase on the year. This brought the full-year figure to NT$2.894 trillion, a sharp rise from 2023, when the company logged its first annual decline since 2009 due to a global economic slowdown.