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Wells Fargo raises its Amazon price target to Street-high

Salvador Rodriguez | Reuters Attendees at Amazon.com annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, November 30, 2017. One Wall Street analyst is getting more bullish on Amazon’s cloud computing business. Wells Fargo reiterated its overweight rating and increased its price target for Amazon …

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Peter Thiel Stanford Review network bigger than PayPal mafia Palantir

Getty Images Venture capitalist Peter Thiel of the Founders Fund and other technology executives and leaders attend the inaugural meeting of the American Technology Council in the Indian Treaty Room at the Eisenhower Executive Office Building next door to the White House June 19, 2017 in Washington, DC. Peter Thiel …

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GM to take on ride-sharing services with self-driving cars by 2019

Elijah Nouvelage | Reuters Two self-driving Chevy Bolt EV cars are seen during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. November 28, 2017. General Motors is preparing to take on Uber, Lyft and other ride-hailing companies with its own self-driving ride-hailing service by …

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Med tech company BioTelemetry to aid in Apple heart study

Drew Angerer | Getty Images A customer tries out an Apple Watch Nike+ at an Apple Store in the SoHo neighborhood of Manhattan, October 28, 2016 in New York City. Shares of BioTelemetry rose about 12 percent on Thursday morning, after the medical technology company announced it will participate in …

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Apple Watch EKG monitor approved by the FDA

Tomohiro Ohsumi | Getty Images A person uses an Apple Watch Series 3 at the Apple Omotesando store on September 22, 2017 in Tokyo, Japan. The FDA has approved an EKG monitor as an accessory for the Apple Watch — the first certified medical device for the increasingly popular wearable, …

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Nvidia hits correction territory, and that may be a buying opportunity

Shares of Nvidia tanked as much as 11 percent from its recent intraday high, but Todd Gordon says this could just be the best time to buy. The TradingAnalysis.com founder said the charts are showing that Nvidia actually has room to rally before the stock enters overbought territory. Gordon pointed …

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AWS launches DeepLens artificial intelligence camera

Source: Amazon Web Services Andy Jassy, CEO of Amazon Web Services and Infrastructure. Amazon has a track record of coming out with hardware like tablets and smart speakers. And a couple of years ago Amazon’s cloud division joined in the fun with a box full of hard drives for moving …

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M&A tempered by high valuations

Patrick T. Fallon | Bloomberg | Getty Images Andy Jassy, chief executive officer of web services at Amazon.com Inc. Amazon’s behemoth cloud division has swallowed eight or nine companies in the past few years — and it would buy up even more if not for Silicon Valley’s sky-high valuations, the …

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Facebook shares to soar nearly 20%, Barclays predicts

Stephen Lam | Reuters Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. Facebook should be able to drive advertising prices higher to help offset a deceleration in ad impressions, according to Barclays. Instagram and …

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Cramer’s charts show that struggling stock Square is not yet a bargain

With discounts and deals top-of-mind for consumers this holiday shopping season, CNBC’s Jim Cramer zeroed in on another type of discount happening in the stock market. “Let’s talk about Square, SQ, the payment technology company with a very popular mobile credit card reader and a stock that got put on …

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