Amazon's same-day grocery delivery is now available in more than 1,000 cities.
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Yahoo
2 hours ago
- Yahoo
2 top AI-related stocks for investors to consider buying!
Companies linked to artificial intelligence (AI) have become highly coveted stocks to buy. We're mainly talking about US tech shares like Nvidia, whose semiconductors power advanced AI models, and businesses like Microsoft, Meta, and Alphabet that are integrating AI into their existing operations. Many investors worry that these AI shares now command sky-high valuations. They fear this leaves them at risk of price corrections if the stocks' momentum slows. But investors don't need to buy these pricey US stocks to target large returns from the AI boom. Here are two UK shares to consider for the new tech revolution. Riding the data centre boom Sophisticated AI models require thousands of chips working in tandem, meaning small server rooms just don't cut it anymore. This is driving demand for industrial-sized data centres with sophisticated cooling systems and robust power infrastructure. This provides an enormous opportunity for warehouse operators like Tritax Big Box (LSE:BBOX). Accordingly, the FTSE 250 real estate investment trust (or REIT) — which chiefly rents it large-scale spaces out to delivery companies, retailers, and fast-moving consumer goods (FCMG) companies — is pushing aggressively into data centres. The company acquired its first data hub site in January, which it predicts will be 'one of the largest data centres in the UK'. And it followed this with a second shortly afterwards. The sites — which have a combined potential capacity of 272 MW — are in well-connected locations in London and have scope for long-term expansion. With a pipeline of another 1 GW, Tritax is positioning itself as a major player in the digital infrastructure boom. The UK currently has 477 data centres in operation. And construction firm Barbor ABI believes almost another 100 new sites will be needed between now and 2030 to meet demand. This provides a wonderful growth opportunity for the likes of Tritax. Be mindful, though, that data centre development carries risks. Like its logistics and storage hubs, returns are at the mercy of rising build costs and interest rates. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Another top AI-related stock Cable maker Volex (LSE:VLX) is another great data centre play to consider. The high-speed cables it manufactures are essential tools in ensuring a reliable and fast-moving data connection. More specifically, the company is a pioneer in the direct attach cables (DACs) segment. These are especially critical for AI applications, as they facilitate high bandwidth with minimal latency. And they are helping to drive business with both new and existing customers. Volex sells its cables across the world, leaving it exposed to trade tariff-related pressures. But these troubles haven't yet derailed its ability to deliver strong revenues growth — organic sales leapt 10.4% at constant currencies between April and June. The business said its latest sales numbers reflect 'continued momentum in the Electric Vehicles and Complex Industrial Technology end-markets, notably among Data Centre customers'. As well as data centres, Volex has exposure to multiple other growth areas like electric cars, renewable energy, healthcare, and automation. This provides added profit-making opportunities, while simultaneously broadening its sales base and reducing reliance on any single market to drive earnings. I think it's a great all-rounder to consider for the booming digital economy. The post 2 top AI-related stocks for investors to consider buying! appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Alphabet, Meta Platforms, Microsoft, Nvidia, and Tritax Big Box REIT Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio
Business Insider
4 hours ago
- Business Insider
Sector Spotlight: Amazon's grocery expansion changes consumer staples landscape
Welcome to the latest edition of 'Sector Spotlight,' where The Fly looks at a new industry every week and highlights its happenings. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. CONSUMER STAPLES NEWS: Amazon's (AMZN) most direct rival in handling ad sales across the web, the Trade Desk (TTD), could be in danger of losing one of its most valuable clients – Walmart (WMT), The Information's Catherine Perloff and Theo Wayt wrote. Last year, Walmart renegotiated its four-year-old arrangement with the Trade Desk, under which advertisers buying spots on the Web using Walmart shopper data for targeting have to use the Trade Desk's technology. The new arrangement is no longer exclusive, according to a person with knowledge of the situation. Walmart is expanding its 10% employee discount to include nearly all grocery purchases, effective immediately, in an effort to help employees with rising grocery costs amid inflation, The Wall Street Journal's Sarah Nassauer reported. Extending the discount to more goods year-round is 'one of our most requested benefits,' said Walmart Chief People Officer Donna Morris in a letter to staff Wednesday. Amazon's Whole Foods currently offers workers a 20% discount on most in-store purchases on the first day of employment, while Target (TGT) offers a 20% discount on fresh and frozen produce and some store brand items and a 10% discount on most other goods, available on the first day of employment. Manchester United (MANU) announced a new three-year partnership with Coca-Cola (KO), naming Coca-Cola as the club's Official Carbonated Soft Drinks Partner in the United Kingdom and Europe. The agreement includes pouring rights for Coca-Cola, Coca-Cola Zero, Diet Coke, Fanta, Fanta Zero, Sprite, Sprite Zero, Dr Pepper, and Dr Pepper Zero. Marc Armstrong, chief business officer at Manchester United, said: 'Coca-Cola and Manchester United are two of the world's most iconic brands, each with a proud history of bringing people together. We are forming a partnership that will go beyond matchday refreshments at Old Trafford – creating engaging and memorable experiences that connect our fans to the club in fresh and impactful ways.' announced customers in more than 1,000 cities and towns can now order groceries with their Same-Day Delivery orders, with plans to expand to over 2,300 across the U.S. by year-end. Amazon said: 'This marks one of the most significant grocery expansions for Amazon as the company introduces thousands of perishable food items into its existing logistics network that is already optimized for speed and efficiency. Customers will have the option to order produce, dairy, meat, seafood, baked goods, and frozen foods, alongside the millions of items such as everyday household essentials, electronics, fashion, home and garden, and more already available for Same-Day Delivery on Shares of competitors Kroger (KR), Instacart (CART), Walmart and Target were all lower ahead of the market open on Wednesday following Amazon's announcement. Costco announced July comparable sales were up 6.4%. The company reported net sales of $20.89B for the retail month of July, the four weeks ended August 3, an increase of 8.5% from $19.26B last year. Net sales for the first 48 weeks were $248.35B, an increase of 8.1% from $229.81B last year. ANALYST COMMENTARY: BofA downgraded Target to Underperform from Neutral with a price target of $93, down from $105. Target is now underperforming Walmart on a comparable sales compound annual growth rate vs. 2019 and digital trends 'look very challenged,' the analyst told investors. The firm sees increasing longer-term sales and margin risks given slowing digital sales growth, a lack of scale in digital advertising and third-party marketplace, elevated tariff, pricing and merchandising headwinds, and increasing competitive threats from both Walmart and Amazon, the analyst added. Morgan Stanley, which has an Overweight rating and $300 price target on Amazon shares, believes the company has been losing 'modest' online grocery share to Walmart, DoorDash (DASH), and Uber (UBER) due to price, selection, convenience, delivery, and pick-up options, and thinks this category expansion and effective price reduction is an important signal of increased investment to drive durably faster growth. The grocery opportunity is large, but the extent to which Amazon increases competition could eventually challenge growth or profitability of peers, the firm argued, noting that among all grocers, Walmart has the most demonstrable track record of share gains and that it has been preparing for this risk over the last decade. Evercore ISI believes this expansion deepens Amazon's customer engagement by strengthening a high-frequency purchase category into the Prime ecosystem, increasing stickiness and customer lifetime value. The deeper integration of groceries with Amazon's vast general merchandise offering positions the company more aggressively against competitors like Instacart, Walmart+. By setting a relatively low free delivery threshold of $25, Amazon applies pricing pressure that may challenge rivals' ability to compete on convenience and cost. Given that this segment is a $1T-plus market in the U.S. and perhaps $2T-plus across all of Amazon's global markets, there should be a large growth opportunity here, Evercore added. The firm has an Outperform rating on Amazon with a price target of $280 on the shares. Oppenheimer increased its price target on Walmart to $115 from $110 and reiterated an Outperform rating on the shares ahead of quarterly results. Following a more difficult backdrop to start the year due to unexpected tariff and expense headwinds, the firm believes a positive guidance revision cycle could again materialize soon. Oppenheimer is lifting its Q2 constant currency sales projection to reflect the potential for stronger top-line momentum than it envisioned a few months ago. The firm is now anchored to the high-end of management's FY25 guidance range of $2.50-$2.60. Oppenheimer believes the company could lift FY25 financial targets either with the upcoming Q2 report or with the Q3 print. Benchmark upgraded Instacart to Buy from Hold with a $67 price target. The company's Q2 results and outlook, including a GTV growth inflection, suggest 'it may not matter' whether the company is not sustaining category share, as the firm suspects to be the case, since the company is riding 'a secular tailwind gaining momentum each quarter,' the analyst noted. Instacart continues to benefit from competitive pressures facing regional/smaller grocers that need its platform to compete with mass merchants and online players like Walmart and Amazon Fresh, so the trend appears sustainable, the analyst contended.
USA Today
5 hours ago
- USA Today
Boost your productivity with an electric standing desk on sale ahead of Labor Day
You can save $45 on this home office essential thanks to the popular Amazon deal we found. After a busy summer full of vacations and perhaps a little more flexibility at work, you might feel the itch to get back into a routine this fall. Giving your office a budget-friendly refresh is one way to set yourself up for success and keep you motivated as we usher in a new season. And, with early Labor Day deals popping up just in time for back-to-school season, it is a great chance to revamp your WFH space. If you want to keep your summer activity levels going, switch to a standing desk such as the popular Vivo Electric Standing Desk (which is currently on sale for under $300) and, while you're at it, add a walking pad to the mix, too! Below, we've highlighted the perks about this Amazon deal on the Vivo Electric Standing Desk, plus a few tips for how to save more at Amazon! Amazon deal: Save $45 on the Vivo Electric Standing Desk Vivo Electric Standing Desk Go from sitting to standing in one smooth motion. This workstation offers plenty of room for monitor and laptop setups. Save 15% at Amazon The Vivo Electric Standing Desk has more than 5,000 Amazon reviews and more than 1,200 five-star ratings, thanks to its durable construction and versatility. This standing desk is available in a standard 63-inch by 32-inch size (plus eight other sizes ranging from as small as 43 x 24 all the way up to 83 x 30). It also comes in a whopping 40 different finishes, so you can choose the style that best fits your office decor. In addition to its size options and good looks, this desk is designed with all-steel construction with a scratch-resistant carbon fiber surface and can withstand up to 176 pounds on its desktop. And it has a powerful motor that can easily adjust the height from 29 inches up to 48.2 inches for when you need to stretch your legs a bit. Adding to its overall convenience, you don't have to readjust the desk every time you use it. Thanks to its built-in memory controller, you can save four different heights and quickly flip between these settings depending on your needs. Original price: $299.99 | Sale price: 254.99 | Savings: $45 Save 15% at Amazon More: Your Labor Day 2025 shopping guide to the best end-of-summer deals What is Amazon Prime? Amazon Prime is a paid membership program that offers various benefits primarily focused on shopping and entertainment. Key perks include free shipping on eligible items, access to streaming content such as Prime Video and Amazon Music. Plus there's exclusive deals and discounts available. More: Is an Amazon Prime membership worth it? Here's what you need to know How much does an Amazon Prime membership cost? Currently, new members can try a week of Amazon Prime benefits for just $1.99. After the trial, the membership costs $14.99 per month. Amazon Prime membership Sign up for an Amazon Prime membership to get exclusive perks and benefits all year. Join Amazon Prime What are the discounted Amazon Prime memberships? Amazon Prime for Young Adults (previously Prime for Students) is a new membership that is focused on perks for young adults between the ages of 18 and 24. Join Prime for Young Adults More: Amazon Prime for Young Adults is back! Do you qualify for the discount? Find out here Prime Access: If you receive SNAP, EBT, Medicaid or other qualifying government aid, you can save with a discounted Prime Access membership. Learn more about Prime Access
