Although the Oakmark Global Fund returned a solid 4.3% during the second quarter, it lagged behind the MSCI World Indexâs return of 6.8%...
Continue ReadingThe Oakmark Fund returned 8.6% compared to 8.7% for the S&P 500 Index during the second quarter. Click here to read the full fund letter...
Continue Reading(Bloomberg) -- Senator Elizabeth Warren called on the Federal Reserve to halt interest-rate increases as the US inflation rate slid to a more than two-year low. Most Read from BloombergSingapore Minister Faces Most Serious Graft Probe Since 1986DeSantis Says No Thanks to $377 Million in US Energy FundsInflation at 3% Flags End of Emergency, Turning Point for FedNATO Is Papering Over the Cracks After Zelenskiy Loses His CoolShopify Shames Employees With Cost Calculator for Pointless Meetings“Take...
Continue ReadingAmazon experienced a slowdown in retail growth and a sharp slowdown in AWS growth. Read here to know why AMZN stock is rated buy...
Continue ReadingEquinix is expected to see solid earnings growth due to high demand. Read more to see my thoughts on EQIX stock and why it is a Buy...
Continue ReadingWith Amazon Prime Day in full swing, are consumers starting to pull back or are they still spending in force?...
Continue ReadingRumble is trying to branch out from being such a politics-saturated user-generated content platform. Find out why I still think RUM stock is a hold...
Continue ReadingAs we noted in this morning's opening comments, we are starting to get a few looks for the first day of Action Alerts PLUS holding Amazon's Prime Day 2023. Data from Adobe Analytics puts the first day at $6.4 billion for U.S. online sales, up ~6% year over year with shoppers leaning into heavy discounts for appliances and toys. Per Adobe, online sales for appliances jumped 37% compared to average daily sales in June, while sales of toys rose 27%...
Continue ReadingSTOCKSTOWATCHTODAY BLOG Prime Day is off to a good start. Consumers spent $6.4 billion on e-commerce on Tuesday across various U.S. retail sites, according to new data from Adobe Analytics. That represents 5...
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