Amazon faces challenges ahead as it will need to spend more to fend off competition on two fronts, says a Moody's analyst.
With the incredibly flexible new Touch Bar, Apple's new MacBook Pros should be well-received by professional and enthusiast Mac users. But more cost-sensitive customers were left hanging.
Its spending should strengthen the bull case on the company.
Apple, Microsoft, Cisco, Oracle, Alphabet and others have stashed cash overseas but most haven't deployed the cash in a meaningful way... yet.