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- berry walkerberry walker
  ·2022-10-06
  👋🤗
  Uber Revives Self-Driving Taxi Dreams, Plans to Start This Year
  Uber will partner with Motional for driverless rides, deliveryThe companies’ expanded agreement is s
  Uber Revives Self-Driving Taxi Dreams, Plans to Start This Year
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- berry walkerberry walker
  ·2022-10-06
  Nice 👍
  Down 30% to 50%, These Stocks Are Essential Bear Market Buys
  These market leaders are dirt cheap right now.
  Down 30% to 50%, These Stocks Are Essential Bear Market Buys
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The 10-year deal will pair Motional’s all-electric IONIQ 5 robotaxis with Uber’s ride-hailing and delivery platform, the companies said in a statement Thursday. They did not disclose financial terms.</p><p>“This agreement will be instrumental to the wide scale adoption of robotaxis,” Motional Chief Executive Officer Karl Iagnemma said in a statement.</p><p>The move builds on an existing partnership between the two companies piloting driverless food deliveries on Uber Eats. That effort launched in May in Santa Monica, California. Uber will begin to offer driverless rides later this year in the US.</p><p>“The scope of this partnership shows the important role that shared autonomous vehicles will play in the future of transportation, and in Uber’s strategy to be the global platform to help you go anywhere and get anything,” Noah Zych, Uber’s global head of autonomous mobility and delivery, said in the statement.</p><p>The agreement signifies Uber’s renewed interest in autonomous-driving technology for its ride-hailing business after it shelved lofty ambitions for self-driving cars in a bid to cut costs at the height of the pandemic. In December 2020, Uber sold its autonomous vehicle unit, Advanced Technologies Group, to Aurora Innovation Inc. and took a stake in the company.</p><p>Before the sale, ATG had made progress building and testing autonomous driving systems, deploying pilots in cities including San Francisco, Toronto and Washington. The unit also struggled amid a damaging lawsuit brought by Waymo and a fatal crash in March 2018 involving one of its test vehicles.Lyft Inc.also tempered its expectations around the speed and scale it could roll out a driverless ride-hailing fleet, opting to sell its self-driving technology unit to Toyota Motor Corp. in April 2021 for $550 million.</p><p>Both Uber and Lyft have shifted their strategy for advancing self-driving cars in recent years amid increasing pressure to focus more on profitability and less on costly bets. By partnering with autonomous vehicle technology companies, the ride-hailing giants have kept a stake in the sector without having to bring the research and development in-house.</p><p>In September, Lyft rolled out autonomous rides in Austin, Texas, in partnership with Ford Motor Co. and Argo AI. It also teamed up with Motional for a self-driving ride-hail service in Las Vegas.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber Revives Self-Driving Taxi Dreams, Plans to Start This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber Revives Self-Driving Taxi Dreams, Plans to Start This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 23:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-06/uber-self-driving-taxis-new-partnership-could-ferry-riders-as-soon-as-this-year?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uber will partner with Motional for driverless rides, deliveryThe companies’ expanded agreement is set to last 10 yearsMotional is an autonomous driving joint venture between Hyundai and Aptiv.Source:...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-06/uber-self-driving-taxis-new-partnership-could-ferry-riders-as-soon-as-this-year?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-06/uber-self-driving-taxis-new-partnership-could-ferry-riders-as-soon-as-this-year?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273807701","content_text":"Uber will partner with Motional for driverless rides, deliveryThe companies’ expanded agreement is set to last 10 yearsMotional is an autonomous driving joint venture between Hyundai and Aptiv.Source: Motional Inc.Uber Technologies Inc. inked a deal with Motional Inc. to offer driverless deliveries and rides, rekindling its vision of a self-driving taxi fleet nearly two years after it sold its autonomous vehicle division.The San Francisco-based company is partnering with Motional, which is an autonomous driving joint venture between Hyundai Motor Co. and Aptiv Plc. The 10-year deal will pair Motional’s all-electric IONIQ 5 robotaxis with Uber’s ride-hailing and delivery platform, the companies said in a statement Thursday. They did not disclose financial terms.“This agreement will be instrumental to the wide scale adoption of robotaxis,” Motional Chief Executive Officer Karl Iagnemma said in a statement.The move builds on an existing partnership between the two companies piloting driverless food deliveries on Uber Eats. That effort launched in May in Santa Monica, California. Uber will begin to offer driverless rides later this year in the US.“The scope of this partnership shows the important role that shared autonomous vehicles will play in the future of transportation, and in Uber’s strategy to be the global platform to help you go anywhere and get anything,” Noah Zych, Uber’s global head of autonomous mobility and delivery, said in the statement.The agreement signifies Uber’s renewed interest in autonomous-driving technology for its ride-hailing business after it shelved lofty ambitions for self-driving cars in a bid to cut costs at the height of the pandemic. In December 2020, Uber sold its autonomous vehicle unit, Advanced Technologies Group, to Aurora Innovation Inc. and took a stake in the company.Before the sale, ATG had made progress building and testing autonomous driving systems, deploying pilots in cities including San Francisco, Toronto and Washington. The unit also struggled amid a damaging lawsuit brought by Waymo and a fatal crash in March 2018 involving one of its test vehicles.Lyft Inc.also tempered its expectations around the speed and scale it could roll out a driverless ride-hailing fleet, opting to sell its self-driving technology unit to Toyota Motor Corp. in April 2021 for $550 million.Both Uber and Lyft have shifted their strategy for advancing self-driving cars in recent years amid increasing pressure to focus more on profitability and less on costly bets. By partnering with autonomous vehicle technology companies, the ride-hailing giants have kept a stake in the sector without having to bring the research and development in-house.In September, Lyft rolled out autonomous rides in Austin, Texas, in partnership with Ford Motor Co. and Argo AI. It also teamed up with Motional for a self-driving ride-hail service in Las Vegas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915581575,"gmtCreate":1665069405697,"gmtModify":1676537552712,"author":{"id":"4128164560176182","authorId":"4128164560176182","name":"berry walker","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4128164560176182","authorIdStr":"4128164560176182"},"themes":[],"htmlText":"Nice 👍","listText":"Nice 👍","text":"Nice 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915581575","repostId":"2273819339","repostType":4,"repost":{"id":"2273819339","pubTimestamp":1665044654,"share":"https://ttm.financial/m/news/2273819339?lang=&edition=fundamental","pubTime":"2022-10-06 16:24","market":"us","language":"en","title":"Down 30% to 50%, These Stocks Are Essential Bear Market Buys","url":"https://stock-news.laohu8.com/highlight/detail?id=2273819339","media":"Motley Fool","summary":"These market leaders are dirt cheap right now.","content":"<html><head></head><body><p>The bear market is a dark cloud. But it does have a silver lining. And that&#39;s the fact that it&#39;s giving us the opportunity to buy fabulous companies at bargain prices. These are companies that have demonstrated earnings strength in the past -- and have promising long-term prospects.</p><p>The thing about a bear market is it doesn&#39;t just hurt struggling companies. It also weighs on the performance of solid companies that could boost your portfolio over the long haul. The stocks I&#39;ll mention here have lost 30% to 50% this year. But they have what it takes to rebound -- and thrive over time. Let&#39;s check out these three essential bear market buys.</p><h2>1. Home Depot</h2><p><b>Home Depot</b> has slipped 31% this year -- even as the company&#39;s earnings hit a major milestone. In the second quarter, Home Depot reported its highest quarterly sales and profit ever. And these figures reach into the billions of dollars. The world&#39;s biggest home improvement retailer reported sales of more than $43 billion and net earnings of $5.2 billion.</p><p>That&#39;s quite an accomplishment considering the pressures of higher inflation and supply chain issues. Home Depot has managed today&#39;s supply chain problems by investing in higher in-stock levels and its own new supply chain facilities, for example.</p><p>The company also hasn&#39;t changed its policy of rewarding investors. In the quarter, it paid out about $2 billion in dividends and $1.5 billion in the form of share repurchases. So, an investment in Home Depot won&#39;t only bring you the possibility of share gains -- it also offers you a passive income source.</p><p>Home Depot shares are suffering now as investors avoid companies linked to the idea of economic growth. The concern is building projects will slow if economic woes persist.</p><p>But here are two reasons to be optimistic. First, Home Depot&#39;s professional customers say their project backlogs remain strong. And second, even if projects do slow, that slowdown will be temporary. As we know, times of economic trouble don&#39;t last forever.</p><p>Today, Home Depot trades for 17 times forward earnings estimates. That&#39;s down from about 28 earlier this year. At the same time, revenue continues to rise. This looks like a bargain for a great long-term stock.</p><h2>2. Etsy</h2><p><b>Etsy</b> shares have tumbled more than 50% this year. Etsy, an online platform that brings together sellers and buyers of handmade goods, soared during the early stages of the pandemic. That&#39;s as consumers stayed home and focused on shopping online.</p><p>Today, investors worry that Etsy&#39;s best days are in the past. But there&#39;s evidence Etsy is just getting started. Of course, the pandemic boosted Etsy&#39;s business. It grew from 46 million active buyers before the pandemic to 90 million by the end of last year.</p><p>Sure, growth has slowed. But Etsy has managed to keep 88 million of those active buyers. And those buyers are spending as much on Etsy as they did before or slightly more.</p><p>Etsy&#39;s recent acquisitions of Depop and Elo7 added to employee compensation expenses -- and that weighed on net income in the second quarter. It slipped about 25% to $73 million. But Etsy&#39;s overall revenue rose more than 10%. And the acquisitions offer important growth drivers for Etsy down the road. Depop is an online fashion resale marketplace, and Elo7 is a Brazilian online seller of handmade goods.</p><p>It&#39;s also important to note that Etsy still has a lot of room for growth. If you&#39;re like me and shop on Etsy, you may have the impression that <i>everyone</i> knows about this platform. But, in the U.S. and the U.K., 70% of women and 90% of men actually haven&#39;t yet shopped on Etsy over the past 12 months.</p><p>So, Etsy&#39;s revenue is growing and the company is profitable -- and it still has great opportunity to win over more customers. At the same time, the stock is trading at 28 times forward earnings estimates. That&#39;s down from about 50 at the start of the year. Considering Etsy&#39;s ability to keep shoppers coming back and the room for growth, the stock looks like a steal right now.</p><h2>3. Amazon</h2><p>The current economic climate hasn&#39;t been easy for <b>Amazon</b>. The company has struggled with higher transport costs, supply chain challenges, and excess fulfillment capacity. As a result, Amazon&#39;s usually stellar earnings reports soured.</p><p>For the past few quarters, Amazon has reported declines in operating cash flow and operating income, for example. So why do I favor buying Amazon right now? Because today&#39;s troubles are temporary and don&#39;t change the overall strength of the business.</p><p>Amazon is a leader in two growing businesses: e-commerce and cloud computing. E-commerce is hurting right now. But the overall outlook for e-commerce is positive. Global retail e-commerce is expected to climb by 56% to reach $8.1 trillion in 2026, according to Statista.</p><p>As for cloud computing, Amazon Web Services (AWS) continues to grow operating income and revenue in the double-digits. And AWS generally makes up most of Amazon&#39;s total operating income. So, it&#39;s a key profit driver for the company.</p><p>Amazon also is showing signs of progress in the management of today&#39;s difficult times. The company said during the second-quarter earnings report that it was controlling costs and improving productivity across its fulfillment network.</p><p>Today, Amazon trades at about 2.4 times sales. This is around its lowest level in at least five years. At the same time, revenue continues to climb. So, this bear market price is a very reasonable one for a company that has what it takes to rebound and flourish down the road.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Down 30% to 50%, These Stocks Are Essential Bear Market Buys</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDown 30% to 50%, These Stocks Are Essential Bear Market Buys\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/05/down-30-50-percent-here-are-bear-market-buys/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bear market is a dark cloud. But it does have a silver lining. And that's the fact that it's giving us the opportunity to buy fabulous companies at bargain prices. These are companies that have ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/05/down-30-50-percent-here-are-bear-market-buys/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.","HD":"家得宝","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2022/10/05/down-30-50-percent-here-are-bear-market-buys/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273819339","content_text":"The bear market is a dark cloud. But it does have a silver lining. And that's the fact that it's giving us the opportunity to buy fabulous companies at bargain prices. These are companies that have demonstrated earnings strength in the past -- and have promising long-term prospects.The thing about a bear market is it doesn't just hurt struggling companies. It also weighs on the performance of solid companies that could boost your portfolio over the long haul. The stocks I'll mention here have lost 30% to 50% this year. But they have what it takes to rebound -- and thrive over time. Let's check out these three essential bear market buys.1. Home DepotHome Depot has slipped 31% this year -- even as the company's earnings hit a major milestone. In the second quarter, Home Depot reported its highest quarterly sales and profit ever. And these figures reach into the billions of dollars. The world's biggest home improvement retailer reported sales of more than $43 billion and net earnings of $5.2 billion.That's quite an accomplishment considering the pressures of higher inflation and supply chain issues. Home Depot has managed today's supply chain problems by investing in higher in-stock levels and its own new supply chain facilities, for example.The company also hasn't changed its policy of rewarding investors. In the quarter, it paid out about $2 billion in dividends and $1.5 billion in the form of share repurchases. So, an investment in Home Depot won't only bring you the possibility of share gains -- it also offers you a passive income source.Home Depot shares are suffering now as investors avoid companies linked to the idea of economic growth. The concern is building projects will slow if economic woes persist.But here are two reasons to be optimistic. First, Home Depot's professional customers say their project backlogs remain strong. And second, even if projects do slow, that slowdown will be temporary. As we know, times of economic trouble don't last forever.Today, Home Depot trades for 17 times forward earnings estimates. That's down from about 28 earlier this year. At the same time, revenue continues to rise. This looks like a bargain for a great long-term stock.2. EtsyEtsy shares have tumbled more than 50% this year. Etsy, an online platform that brings together sellers and buyers of handmade goods, soared during the early stages of the pandemic. That's as consumers stayed home and focused on shopping online.Today, investors worry that Etsy's best days are in the past. But there's evidence Etsy is just getting started. Of course, the pandemic boosted Etsy's business. It grew from 46 million active buyers before the pandemic to 90 million by the end of last year.Sure, growth has slowed. But Etsy has managed to keep 88 million of those active buyers. And those buyers are spending as much on Etsy as they did before or slightly more.Etsy's recent acquisitions of Depop and Elo7 added to employee compensation expenses -- and that weighed on net income in the second quarter. It slipped about 25% to $73 million. But Etsy's overall revenue rose more than 10%. And the acquisitions offer important growth drivers for Etsy down the road. Depop is an online fashion resale marketplace, and Elo7 is a Brazilian online seller of handmade goods.It's also important to note that Etsy still has a lot of room for growth. If you're like me and shop on Etsy, you may have the impression that everyone knows about this platform. But, in the U.S. and the U.K., 70% of women and 90% of men actually haven't yet shopped on Etsy over the past 12 months.So, Etsy's revenue is growing and the company is profitable -- and it still has great opportunity to win over more customers. At the same time, the stock is trading at 28 times forward earnings estimates. That's down from about 50 at the start of the year. Considering Etsy's ability to keep shoppers coming back and the room for growth, the stock looks like a steal right now.3. AmazonThe current economic climate hasn't been easy for Amazon. The company has struggled with higher transport costs, supply chain challenges, and excess fulfillment capacity. As a result, Amazon's usually stellar earnings reports soured.For the past few quarters, Amazon has reported declines in operating cash flow and operating income, for example. So why do I favor buying Amazon right now? Because today's troubles are temporary and don't change the overall strength of the business.Amazon is a leader in two growing businesses: e-commerce and cloud computing. E-commerce is hurting right now. But the overall outlook for e-commerce is positive. Global retail e-commerce is expected to climb by 56% to reach $8.1 trillion in 2026, according to Statista.As for cloud computing, Amazon Web Services (AWS) continues to grow operating income and revenue in the double-digits. And AWS generally makes up most of Amazon's total operating income. So, it's a key profit driver for the company.Amazon also is showing signs of progress in the management of today's difficult times. The company said during the second-quarter earnings report that it was controlling costs and improving productivity across its fulfillment network.Today, Amazon trades at about 2.4 times sales. This is around its lowest level in at least five years. At the same time, revenue continues to climb. So, this bear market price is a very reasonable one for a company that has what it takes to rebound and flourish down the road.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}