Latest news with #AmazonAlexa+
Yahoo
27-03-2025
- Business
- Yahoo
Is Amazon's Valuation 'More Attractive' Than Ever Before? Analyst Says It's Time To 'Aggressively' Buy His 'Favorite' Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Evercore ISI's Mark Mahaney sees upside for Inc (NASDAQ:AMZN) from current levels, and he has a history of being right about the trajectory of the tech stock. What Happened: Tuesday on CNBC's 'Squawk Box,' Mahaney said Amazon is his top stock to own right now. 'One of my favorite stocks, actually my single favorite stock right here, is Amazon,' Mahaney said. Tariffs and the impacts of the Trump administration's ongoing trade war have weighed on big tech names and broader markets. Amazon shares are down about 7% year-to-date but have shown signs of bottoming in recent weeks. Don't Miss: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share! Mahaney believes Amazon is better positioned to deal with potential negative impacts of tariffs than some of the other big tech names. He expects the company to eat some of the tariffs, which will hurt profitability, but also pass through some of the costs to consumers. 'As long as the tariffs are highly targeted and maybe modest in scope, there's less risk for Amazon. And then there are other parts of the story that I find particularly interesting,' Mahaney said. The Evercore ISI analyst highlighted Amazon's strong Amazon Web Services (AWS) growth outlook and planned new product rollouts including Project Kuiper and Amazon Alexa+. to decide which one is right for you. The company said last quarter that AWS sales increased 19% year-over-year and helped generate $10.6 billion in operating income. Amazon also guided for first-quarter net sales growth of 5% to 9% year-over-year. 'So if you've got new product lines rolling out and potential for parts of the core business to accelerate and the stock has pulled back a lot — Amazon at 25-times earnings is more attractive than pretty much any time I've ever seen it — then that's when you want to get in, leg into that stock aggressively, and I think that point it here with Amazon,' Mahaney said. Mahaney has been a longtime bull on Amazon — and he's been right before. With Amazon shares trading around $140 in 2023, he predicted the stock would rise above $200 by the end of 2024 driven by accelerating growth from AI efficiencies. Amazon closed out 2024 trading around $220 per share, according to Benzinga Pro. Check This Out: Arrived allows individuals to invest in shares of rental properties for as little as $100, providing the potential for monthly rental income and long-term appreciation without the hassles of being a landlord. With over $1 million in dividends paid out last quarter and a growing selection of properties across various markets, Arrived offers an attractive alternative for investors seeking to build a diversified real estate portfolio. In October 2024, Arrived sold The Centennial, achieving a total return of 34.7% (11.2% average annual returns) for investors. Arrived aims to continue delivering similar value across our portfolio through careful market selection, attentive property management, and thoughtful timing in sales. Looking for fractional real estate investment opportunities? The Benzinga Real Estate Screener features the latest offerings. Photo: courtesy of Amazon. This article Is Amazon's Valuation 'More Attractive' Than Ever Before? Analyst Says It's Time To 'Aggressively' Buy His 'Favorite' Stock originally appeared on Sign in to access your portfolio
Yahoo
28-02-2025
- Yahoo
Engadget Podcast: iPhone 16e review and Amazon's AI-powered Alexa+
The keyword for the iPhone 16e seems to be "compromise." In this episode, Devindra chats with Cherlynn about her iPhone 16e review and try to figure out who this phone is actually for. Also, they dive into Amazon's Alexa+ event, where we finally learned more about the company's AI-powered voice assistant. Alexa+ seems useful, but can we trust it? Listen below or subscribe on your podcast app of choice. If you've got suggestions or topics you'd like covered on the show, be sure to email us or drop a note in the comments! And be sure to check out our other podcast, Engadget News! iTunes Spotify Pocket Casts Stitcher Google Podcasts iPhone 16e review: too expensive with too many compromises – 1:28 Amazon Alexa+ is a conversational assistant powered by AI – 18:39 Framework unveils a cheap 2-in-1 laptop and a…modular desktop? – 40:53 Clone Robotics released a video of a robot with fake skin that will haunt your nightmares – 43:26 NYT: American Psychologists are getting ready to fight AI clone therapists – 44:05 Working on – 47:59 Pop culture picks – 49:02 Interview with Daniel Rausch, VP of Amazon's Alexa division – 55:34 Hosts: Devindra Hardawar and Cherlynn LowProducer: Ben EllmanMusic: Dale North and Terrence O'Brien
The Independent
27-02-2025
- Business
- The Independent
Amazon's AI-powered Alexa+ launches next month, but when will it come to the UK?
It may be late to the party, but Amazon has finally unveiled Alexa+, a new and improved version of its virtual assistant. Stuffed with generative AI-powered features, it promises to be smarter, more conversational, and better able to take real-world actions on your requests. Despite having one of the most widely used voice assistants, the tech giant has been slower to embrace the generative AI boom compared to rivals. But at an event in New York, Amazon revealed Alexa+ – a 'completely rearchitected' version designed to be a more intelligent personal assistant. Rolling out next month in the US, Alexa+ will work with almost all Amazon Echo devices and come with a subscription fee – unless you're an Amazon Prime member, in which case it's free. The only question is: when will it arrive in the UK? Here's everything you need to know about the upgraded Alexa. What is Amazon Alexa+? Alexa+ is Amazon's all-singing, all-dancing AI-powered upgrade, designed to work more seamlessly across different apps and services to help users with everyday tasks. According to Amazon, Alexa+ will now be able to make purchases, book reservations, add details to calendars and even text those with the details. The assistant is also more conversational, picking up on context and follow-up questions with greater accuracy. Users can even ask Alexa to remember personal details – such as food preferences – and suggest meal ideas accordingly. There are two major new features worth noting. First, Alexa+ now supports file uploads, including large documents. Users can ask it to summarise key details, set reminders or add important dates to their calendar. Second, Amazon has introduced AI agent capabilities, meaning Alexa+ can carry out tasks autonomously. It can now browse the web and interact with Amazon partners' websites to make purchases, book appointments or schedule services. Alexa+ is powered by a mix of AI and large language models, with Amazon's Bedrock service dynamically selecting the best model for each task. Among these is Nova, Amazon's latest in-house AI, alongside technology from Anthropic, the creators of the Claude chatbot. Amazon Alexa+ release date: When can you get Alexa+ in the UK? Amazon has announced that Alexa+ will begin rolling out in the US in the coming weeks, starting with an early access period. This initial phase will only be available for screen-enabled Echo devices, specifically the Echo Show 8, 10, 15 and the newly announced Echo Show 21. These users will receive notifications via email and device alerts once access is granted. But what about users in the UK? Amazon hasn't given any indication on when the UK will get Alexa+, but we know it will be released sometime in 2025. 'The service will begin expanding to additional countries later this year,' an Amazon spokesperson told The Independent. 'We're just getting started and we'll be excited to share more information close to launch in UK.' Amazon Alexa+ price: How much does Amazon Alexa+ cost? In the US, Amazon Prime members will get Alexa+ for free when it launches next month. However, non-Prime users will need to pay a $19.99 monthly subscription fee to access the new AI-powered features. This is comparable to price of ChatGPT+. If Alexa+ has the same pricing model as ChatGPT+, then it could also cost £19.99 in the UK when it launches. Best Amazon Echo devices The Amazon Echo Show 8 is one of the screen-based Alexa devices that will be getting Alexa+ at launch. The third-generation Echo Show 8 smart home hub features a bright, 8in touchscreen display with stereo speakers, a 13MP camera for video calls, a faster processor and new smart features. The main difference between this model at the second-generation Echo Show 8 is in the introduction of support for the latest smart home wireless standards, meaning better integration with a wider range of compatible bulbs, thermostats, doorbells and other devices.
