C3.ai stock is down nearly 50% from its recent April highs. Late buyers who chased the AI hype are likely licking their wounds. Read more about AI here...
Continue ReadingAmazon is scheduled to report its Q1 FY23 results. Despite risk factors surrounding the company, AMZN is rated as a buy. Checkout here to see why...
Continue ReadingIn this article, I discuss a model dividend growth portfolio based on the request of a follower. Read more to see my thoughts...
Continue ReadingA new unit within the U.K.'s Competition and Markets Authority will be given powers to fine Big Tech firms up to 10% of global revenues for breaches...
Continue ReadingBritain's FTSE 100 index is seen opening down on Tuesday with futures down 0.29% * BIG TECH: Britain said on Tuesday it would introduce a new law to rein in the power that big tech companies such as Google , Facebook and Amazon are able to wield to stifle competition in.....
Continue ReadingAmazon, like many technology companies and a few retailers, has been cutting expenses as more-expensive money and cost-conscious consumers have hit the company's bottom line. As part of those efforts, Amazon closed all its bookstores and its 4-Star stores while it cut back on some new store openings. Companies, Amazon included, should be examining their spending when times are good, not just when they take a negative turn...
Continue Reading(Bloomberg) -- More than 80 contract drivers and dispatchers who handle deliveries for Amazon.com Inc. have joined the International Brotherhood of Teamsters, marking the labor movement’s latest attempt to infiltrate the company’s e-commerce empire.Most Read from BloombergTucker Carlson Leaves Fox News in Shakeup After SettlementClarence Thomas’s Billionaire Friend Did Have Business Before the Supreme CourtFour Reasons Why Investors Expect US Dollar to Keep SlidingCNN Anchor Don Lemon Says He Ha...
Continue ReadingBed Bath & Beyond (BBBY) filed for Chapter 11 bankruptcy protection on Sunday after several attempts to save itself. Jerry Storch, Storch Advisors CEO and former Toys "R" Us CEO, joined Yahoo Finance to discuss who could benefit from Bed Bath & Beyond’s collapse. “Their business will go to places that have good registries for wedding registries. It will go to places that have strong baby departments and baby registries. So it's going to go to the guys who are already big. It's going to go to Target (TGT), it's going to go to Walmart (WMT), it's going to go to Amazon (AMZN),” Storch told Yahoo Finance. He also shared what he called a “sad truth,” that Bed Bath & Beyond has been in decline for so long that he doesn’t think anyone will notice that it’s gone. Watch the full interview with Seana Smith and Dave Briggs here. Key video moments: 00:10 On Bed Bath & Beyond’s decline 00:29 On possible winners from Bed Bath & Beyond collapse 00:38 “I don’t think anyone is going to notice.”...
Continue ReadingA whopping 180 companies in the S&P 500 report earnings the week of April 24. That's over 35%! Microsoft (NASDAQ: MSFT), Meta (NASDAQ: META), Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), and Amazon (NASDAQ: AMZN) all report earnings this week...
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