Tag AMZN
SEATTLE, July 13, 2023--NASDAQ: AMZN—Today, Amazon announced the first day of Prime Day, July 11, was the single largest sales day in company history. Over the course of the two-day shopping event, Prime members purchased more than 375 million items worldwide and saved more than $2.5 billion on millions of deals across the Amazon store, helping make it the biggest Prime Day event ever...
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The ClearBridge Appreciation Strategy underperformed the benchmark S&P 500 Index in the second quarter of 2023. Click here to read the full fund letter...
Continue ReadingThe ClearBridge Large Cap Growth Strategy outperformed its benchmark in the second quarter of 2023. Click here to read the full fund letter...
Continue ReadingAtai Capital returned 8.32% in Q2 and 13.06% year-to-date (YTD) net of all fees, compared to a 16.89% total return for the S&P 500 YTD and an 8.09% total return for Russell 2000 YTD...
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With 2023 now more than half over, investors might be wondering where the next big market opportunities can be found. Companies including Apple, Microsoft, and Nvidia have all gone on to hit record valuation highs within the past month, and it looks like artificial intelligence (AI) and other trends could continue powering strong performance for these top mega-cap stocks. On the other hand, investors who are wary about buying at (or near) stock valuation highs still have some attractive opportunities on the table...
Continue ReadingBox Inc. is a leading cloud content management and collaboration platform. Click here to see why I rate BOX stock a Sell...
Continue ReadingThe Oakmark Equity and Income Fund gained 5.3% in the quarter, which contrasts with the 3.2% return to the Lipper Balanced Fund Index. Click here to read the full fund letter...
Continue ReadingAmazon.com was hit with a complaint on Wednesday for allegedly refusing to bargain with a New York workers' union, a spokesperson for the National Labor Relations Board (NLRB) said. The NLRB general counsel, which acts as a prosecutor, is seeking remedies that include ordering Amazon to bargain in good faith with the union representing workers at its JFK8 facility in the New York City borough of Staten Island, a spokesperson for the labor relations board said. "I'm pleased to see the NLRB issue this complaint", the union's president Chris Smalls said, adding the company should negotiate with its employees...
Continue ReadingAmazon.com was hit with a complaint on Wednesday for refusing to bargain with a New York workers' union, a spokesperson for the National Labor Relations Board (NLRB) said. The NLRB general counsel, which acts as a prosecutor, is seeking remedies that include an order for Amazon to bargain in good faith with the union representing more than 8,300 workers at its JFK8 fulfillment center, the spokesperson said. Workers at the facility, located in the New York City borough of Staten Island, voted to join the Amazon Labor Union (ALU) last year, a first for the company in the United States...
Continue ReadingAmazon.com was hit with a complaint on Wednesday over allegedly refusing to bargain with a New York workers union, a spokesperson for the National Labor Relations Board (NLRB) said. The NLRB general counsel, which acts as a prosecutor, is seeking remedies that include ordering Amazon to bargain in good faith with the union representing workers at its JFK8 facility in the New York City borough of Staten Island, a spokesperson for the labor relations board said. Amazon and the union did not immediately respond to a request for comment...
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