Porter Stansberry Warns: Nvidia Shares Could Drop By 50%
It happened in 2000... it happened in 2008... it happened in 2021... and now... the great NVIDIA collapse of 2024 is coming. In this new exposé, Porter Stansberry reveals why the tech giant is poised to topple...
Financials
Curr Year EPS Estimate | 47.73 |
Next Quarter EPS Estimate | 9.07 |
Profit Margin | 0.06 |
Return on Assets | 0.05 |
Return on Equity | 0.27 |
Revenue | 386,063,990,784 |
Earnings Per Share | 41.83 |
Revenue Per Share | 772.13 |
Gross Profit | 152,757,000,000 |
Quarterly Revenue Growth | 0.44 |
General
Name | Amazon.com, Inc |
Ticker | AMZN |
Exchange | NASDAQ |
Sector | Consumer Cyclical |
Industry | Internet Retail |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 1,298,000 |
About Amazon.com, Inc
Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It sells merchandise and content purchased for resale from third-party sellers through physical and online stores. The company also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, and Echo and other devices; provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store; and develops and produces media content. In addition, it offers programs that enable sellers to sell their products on its websites, as well as its stores; and programs that allow authors, musicians, filmmakers, skill and app developers, and others to publish and sell content. Further, the company provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, publishing, and digital content subscriptions. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to streaming of movies and TV episodes; and other services. The company serves consumers, sellers, developers, enterprises, and content creators. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Earnings
Donald Trump Victory Week: These 10 Large Cap Stocks Were the Biggest Gainers
The 10 top-performing large-cap stocks last week.
Elon Musk Want His 11 Kids, Their Mothers To Live In Secret Compound He Bought, New Report Says
Elon Musk could be building a new family compound made up of several mansions to house his children and their mothers, according to a new report.
Sam Altman, Bill Gates and More Are Making Some Strange Investments - Ad
As a Silicon Valley insider, Michael Robinson's uncovered an even bigger story than AI... A mysterious investment that could be the savior of the tech industry. Big Tech executives -- including Sam Altman, Bill Gates and Mark Zuckerberg -- are throwing large sums of money at it. This is the next frontier of tech investing...
Trump Has Asked Me To Do 3 Things, Says Robert Kennedy Jr.
Robert Kennedy Jr. revealed Trump's directive to tackle health agency corruption, promote science, and end chronic disease.
Cathie Wood Bets Big On Mark Zuckerberg: Ark Pours $19M Into Meta Shares, Dumps Palantir And Tesla Stock
On Thursday, the Cathie Wood-led Ark Invest made significant moves in the market, with prominent trades involving Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc.
3 Cryptocurrencies Better Than Bitcoin - Ad
According to Ian King, the election re-opened the crypto profit floodgates for all Americans. In this new presentation, Ian explains why the election has set off these 3 specific BETTER than bitcoin cryptocurrencies.
Elon Musk Joined Trump's Call With Zelenskyy
Elon Musk was a surprise guest on a phone call between President-elect Donald Trump and Ukrainian President Volodymyr Zelenskyy.
Listen to business owners and voters in Erie, Pennsylvania. They could help decide the White House.
ERIE, Pa. (AP) — It wasn’t much when he bought it, but Michael Hooks has made the old garage his own haven. And the city of Erie knows it. Half a dozen cars honk as they pass by one October afternoon, the people hanging out of car windows to wave hello at him.
Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.
About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory
DETROIT (AP) — About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealerships.
Apple, Microsoft And 3 Stocks To Watch Heading Into Thursday
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
There's Only ONE AI Company That Matters - Ad
It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.
Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
WASHINGTON (AP) — A computer expert who stole worth billions of dollars at current prices — and then spent years laundering some of the hacked cryptocurrency with help from his wife — was sentenced on Thursday to five years in prison.
At least 11 employees injured in explosion at Kentucky business
LOUISVILLE, Ky. (AP) — At least 11 employees were taken to hospitals and residents were urged to shelter in place on Tuesday after an explosion at a Louisville, Kentucky, business.
Wall Street Legend Issues Inauguration Buy Alert - Ad
If you've underperformed this raging bull market, if you've lost money or missed out... this is your final chance to potentially profit.
China's president will unveil a megaport in Peru, but locals say they're being left out
CHANCAY, Peru (AP) — On the edge of Peru’s coastal desert, a remote fishing town where a third of all residents have no running water is being transformed into a to cash in on the inexorable rise of .
Sony Sues CBS, Alleges Breach Of Contract Related To Iconic Game Shows 'Wheel Of Fortune,' 'Jeopardy!'
A legal dispute between the companies behind popular television game shows "Wheel of Fortune" and "Jeopardy!" has broken out.
Elon Musk: "AI Will Run Out of Electricity ... in 2025" - Ad
This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.
Appeals court says Colorado ban on gun sales to those under 21 can take effect
DENVER (AP) — A federal appeals court ruled Tuesday that a Colorado law raising the age to purchase a gun from 18 to 21 can take effect while the legal battle over it continues.
Engines on 1.4 million Honda vehicles might fail, so US regulators open an investigation
DETROIT (AP) — The U.S. government's highway safety agency is investigating complaints that on as many as 1.4 million Honda and Acura vehicles.
The 7th Trillion Dollar Company? - Ad
There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.
Astera Labs Stock Is Ripping Higher Today: What's Going On?
Astera Labs Inc. (NASDAQ: ALAB) shares are trading higher Tuesday after the company posted strong third-quarter financial results. Here's what you need to know.
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.
Early Warning: A Deep Crack Is Forming in the US Economy - Ad
Stocks are booming thanks to Trump's landslide victory. Yet one former Trump advisor says the picture is less rosy than it seems. "I've found a deep crack forming in the foundations of the US economy," he says. "And before too long, it could tear our country apart." It's critical you learn more today, BEFORE it impacts your money and your retirement.
How Trump's Tax Cuts, Tariffs, 'Animal Spirits' Could Shape S&P 500 Earnings
Trump's pro-business policies, including tax cuts and deregulation, could drive S&P 500 earnings higher by 11% in 2025 and 7% in 2026, but tariffs on Chinese imports pose a downside risk.
Bumble Catalysts Show Efficiency Gains, But Analyst Flags Growth Risks
BofA analyst reiterates underperform rating on Bumble with a $5.75 price target, citing OPEX efficiency improvements, in-line revenue, and cautious outlook.
Wavebot: The Automated Trading Tool for This Bull Market - Ad
October through December are historically among the most bullish months for crypto. WaveBot -- an automated trading tool that takes all the guesswork out of profiting in crypto. It trades key levels, buying dips and selling at the perfect time, 24/7. All you need to do is set it up. After that, WaveBot takes care of everything.
Austria says Russia's Gazprom will cut off natural gas supply this weekend
VIENNA (AP) — Russia’s state-owned natural gas company Gazrom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas storage was full and that it had alternative, non-Russia supplies.
Republicans On The Verge Of Seizing Control Of US House, Paving Way For Bold Reforms In Trump's Second Term
The Republican party is on the brink of securing control of the U.S. House of Representatives, a development that could significantly impact the legislative landscape when Donald Trump makes a White House comeback in January.
Why Trump's Victory Could Fuel the Next AI Surge - Ad
Louis Navellier, tech investor and market veteran, believes Trump's return will drive a second AI boom. Get the top six stocks he recommends before they skyrocket.
Air Mobility Stocks Prepare For Takeoff: Will Joby, Archer, Blade Soar Above Certification, Cash Challenges?
Investors are watching the skies—and the books—with a mix of excitement and caution over air mobility stocks.
Much Wow! Dogecoin Is Now Larger Than Ford, Adidas, Lululemon, Roblox: 15 Companies Worth Less Than Meme Crypto
Meme cryptocurrency Dogecoin (CRYPTO: DOGE) is soaring in price and valuation, up more than 80% in the past week and setting new 52-week highs.
The Real Hillbilly Elegy - Ad
Obama and Biden's "War on Coal" has left nothing but devastation in its wake. In the beautiful hill-towns of Appalachia, unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. But in a strange twist of fate, something incredible is taking place. A breakthrough that could end America's energy woes and send one government-backed stock climbing.
Pentagon Officials Weigh Responses To Possible Illegal Orders Under Trump
As President-elect Donald Trump prepares to take office for the second time, Pentagon officials are reportedly strategizing their response to potential controversial orders.
Numinus Wellness Sells US Clinics, Partners With Stella For Tech-Driven Mental Health Solutions
Numinus Wellness sells U.S. clinics to Stella for $3.5M, in a partnership to develop tech-driven solutions for mental health providers.
Forget Nvidia, Apple, Tesla, and Google - Ad
Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."
Retail sales up solidly in October as Americans showed continued willingness to spend
WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth.
If You Invested $1,000 In Apple A Decade Ago, Here's How Much You'd Have Now
A recent analysis looked at how a $1,000 investment in Apple Inc. would have fared, following the tech giant's latest earnings report and the launch of its new AI-driven features.
Former Medical Student Turned Hedge Fund Extraordinaire Discovers New Weight Loss Drug Profit Window - Ad
A unique FDA loophole has opened up a chance for everyday investors to 4X their money in 12 months...
Root Stock Is Soaring Thursday: What's Going On?
Root, Inc. (NASDAQ: ROOT) shares are trading higher Thursday after the company reported better-than-expected third-quarter earnings. Here's what you need to know.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.