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| 06/08/2023 11:47 |
| Amazon trading strategy Amazon.com, Inc. is an American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been often referred to as “one of the most influential economic and cultural forces in the world”, and is often regarded as one of the world’s most valuable brands. It is considered as one of the Big Five American technology companies, alongside Alphabet, Apple, Meta and Microsoft. Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. Initially an online marketplace for books, it has expanded into a multitude of product categories, a strategy that has earned it the moniker The Everything Store. It has multiple subsidiaries including Amazon Web Services, Zoox, Kuiper Systems, and Amazon Lab126. Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Its acquisition of Whole Foods in August 2017 for US$13.4 billion substantially increased its footprint as a physical retailer. Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and “aggressive” reinvestment of profits into capital expenditures.
CEO Andy Jassy FOUNDED Jul 5, 1994 HEADQUARTERS Seattle, Washington United States WEBSITE amazon.com EMPLOYEES 1,465,000
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Tesla stock strategy Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world’s most valuable companies and, as of 2023, is the world’s most valuable automaker. In 2022, the company had the most worldwide sales of battery electric vehicles, capturing 18% of the market.
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Through its subsidiary Tesla Energy, the company develops and is a major installer of photovoltaic systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 6.5 gigawatt-hours installed in 2022. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors.
The company’s name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, via a $6.5 million investment, Elon Musk became the largest shareholder of the company. He has served as CEO since 2008.
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CEO Elon Musk FOUNDED Jul 1, 2003 WEBSITE tesla.com EMPLOYEES 127,855
Facebook stock strategy
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Meta Platforms, Inc., formerly named Facebook, Inc., and The Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.
Facebook stock strategy
Meta is one of the world’s most valuable companies and among the ten largest publicly traded corporations in the United States. It is considered one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Microsoft. Meta’s products and services include Facebook, Instagram, WhatsApp, Messenger, and Quest 2.
It has acquired Reality Labs, Mapillary, CTRL-Labs, Kustomer, and has a 9.99% stake in Jio Platforms. In 2021, the company generated 97.5% of its revenue from the sale of advertising. On October 28, 2021, the parent company of Facebook changed its name from Facebook, Inc., to Meta Platforms, Inc., to “reflect its focus on building the metaverse”.
According to Meta, the “metaverse” refers to the integrated environment that links all of the company’s products and services.
CEO Mark Zuckerberg FOUNDED Feb 2004 EMPLOYEES 77,114
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Facebook stock strategy
Offices Users outside of the US and Canada contract with Meta’s Irish subsidiary, Meta Platforms Ireland Limited (formerly Facebook Ireland Limited), allowing Meta to avoid US taxes for all users in Europe, Asia, Australia, Africa and South America. Meta is making use of the Double Irish arrangement which allows it to pay 2–3% corporation tax on all international revenue
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