TechThe Information1h ago

Amazon’s Bargains Include Its Stock

TL;DRAmazon stock is cheap right now as money flows toward semiconductors and space tech.

Why it matters: Earnings season starts soon; cheap mega-cap tech could signal broader market rotation risks.

It’s the quiet before the storm of earnings season, which starts in a week or two. While we wait for the third-quarter updates, here’s a thought: Investor enthusiasm for semiconductor stocks and blue-sky vision companies like SpaceX appears to have sucked money out of stocks of…

Read full article

Source: The Information · Opens in new tab