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Amazon (AMZN) Named Top Stock For 2025 by TD Cowen: Here's Why

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Continuing a wave of optimism for the company, Amazon (AMZN) has been called a top stock for 2025 by investment bank TD Cowen. Indeed, the e-commerce juggernaut has many analysts predicting big things for the coming year, but why all the bullish sentiment? The company has continued to diversify over the last several years. Those efforts have led them to make significant progress in both the AI and cloud computing spaces. With Amazon Web Services (AWS) its biggest growth driver of this year, more of the same could be on the horizon for 2025. Source: Bloomberg Also Read: Amazon Stock Target Gets a Boost as Its Could Become an AI Force in 2005 Amazon a Top Investment for 2025: Why TD Cowen is All In on the Large Cap Stock There is no denying the popularity and success of Amazon as a company. It has nearly singlehandedly redefined the e-commerce space and continued to explore other avenues that it can transform. Moreover, with Donald Trump winning the 2024 presidential election, Jeff Bezos...

BRICS: Morgan Stanley Predicts the Future of the US Dollar

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BRICS is challenging the dominance of the US dollar by spreading the de-dollarization agenda across the globe. The bloc is pushing local currencies for trade and convincing other developing countries to sideline the US dollar. Using local currencies will strengthen their native economies and give them a boost in the forex markets. Amid the BRICS de-dollarization initiative, leading investment bank Morgan Stanley has predicted the future of the US dollar. Also Read: BRICS: Demand For the US Dollar Rises in Foreign Banks Read here to know the sectors in the US that will be affected if BRICS ditches the dollar for trade. The move will make the US dollar lose out on the global supply and demand dynamics and push it into the path of decline. If the US fails to import the dollar, inflation could hit the homeland leading to higher prices for basic necessities. Also Read: BRICS Countries Gain Influence Over G20 BRICS: Morgan Stanley Reveals How the US Dollar Will Survive the Challenges Source:...