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The US stock market is beginning to normalize after months of increased volatility. As Wall Street bounces back, investors are flocking to some of the shares with the most potential. Among them is Amazon (AMZN), as billionaire Bill Ackman has bought in on the stock, so should you follow suit? There are few companies that have the kind of upside that the e-commerce juggernaut has. Yet, it had failed to make notable headway in terms of its price movement due to increased concerns around tariffs and export restrictions. Now, those seem to have calmed, which once again makes the stock among the best opportunities on the market. Source: CNBC / Brendan Mcdermid / Reuters Also Read: Amazon (AMZN) to Eclipse Nvidia (NVDA) by 2030 Thanks to AI? Amazon Gets Grabbed by Bill Ackman: Should You Follow His Lead? The US stock market has enjoyed some moderate sustained gains over the last week. Thursday saw both the S&P 500 and Nasdaq jump on both the news of a federal court blocking US President ...

The first three months of the year have been tough for the US stock market. Increased macroeconomic concerns and geopolitical tensions have left investors with heightened uncertainty while creating fantastic return potential for those willing to take the risk. Indeed, Amazon (AMZN) is one stock that is certainly a bargain for one very good reason. The Magnificent 7 company has long been one of the surest things on Wall Street. However, that changed notably this year, with a host of mega-cap stocks falling in value. That could present an unparalleled opportunity, as there is one thing that may assure the e-commerce juggernaut’s future redemption. Source: Forbes Also Read: White House Says Amazon Showing Tariff Cost is ‘Hostile and Political Act’ Amazon Has One Key Facet That Will Help It Soar, and Why It’s Wall Street’s Best Bet Late last week, it was revealed that Jeff Bezos is planning to sell $4.8 billion worth of Amazon shares. The move echoes a sentiment of concern...

The stock market plummeted Monday, with companies like Tesla (TSLA) falling as much as 13%. However, there is hope that things will begin to turn around for the tech sector at some point this year. When that does happen, Amazon (AMZN) may have proved itself as the smartest stock to buy right now. The company is already an industry leader, with its Amazon Web Services (AWS) business becoming a tech staple. Yet that is poised to continue as it leverages its e-commerce dominance into the emerging world of artificial intelligence. With its user base and diversification, that technology may push its already successful subsidiaries into a new stratosphere. Amazon May Be the Smartest Stock to Buy for Three Reasons Source: Reuters Also Read: Amazon (AMZN) to Create AI Division as Stock Looks to Continue 16% Jump Earlier this month, Burgeon Capital called Amazon a Top 5 AI stock. However, that almost undermines the massive potential present in the company. Indeed, amid its vast success in a hos...

On Wednesday, the market capitalization of bitcoin exceeded Saudi Aramco, the world’s largest oil company. According to CompaniesMarketCap, a popular leaderboard that excludes many private assets, bitcoin ‘flippened’ the company for a few hours during Wall Street’s lunchtime.  That achievement came mere minutes after bitcoin surpassed a popular albeit imprecise measure of the world’s mined silver: 1,751,000 metric tonnes. Although bitcoin’s retracement to a $1.7 billion market cap on Thursday reinstated the $1.8 trillion Saudi Aramco to its higher rung, bitcoin is still higher than silver and very close to re-flippening Saudi Aramco. In any case, Bitcoiners are already looking past the oil giant and precious metal. Scanning toward the top of the list, they are seeking their next target to flippen . Historic moment: bitcoin's market cap just exceeded that of all the aboveground silver, the noble metal used as money for over 4,000 years. pic.twitter.com/4...

Ethereum hummed along through the latest AWS outage but one commentator said its reliance on Lido for staking could cause issues in the future. Amazon Web Services (AWS) suffered a minor outage but there was no impact on Ethereum network nodes which largely rely on Amazon’s hosting. On June 13, the cloud service provider went down temporarily for around three hours. At 12:08 PM PDT, the company first reported it was “investigating increased error rates and latencies” in parts of the United States. Many mainstream news organizations such as the Associated Press were affected and unable to publish articles. Ethereum advocate Evan Van Ness observed the outage noting that the Ethereum network was not affected. AWS is down Ethereum is humming along unaffected Bitcoin maxis hardest hit pic.twitter.com/9YGBXRC4CL — Evan Van Ness (@evan_van_ness) June 13, 2023 According to Ethernodes, 64.5% of the Ethereum network is reliant on Amazon hosting providers. Distribution of Ethereum nodes ...