Amazon engages in retail sale of consumer products and subscriptions through online and physical stores. Click here to read my earnings analysis of AMZN stock...
Continue ReadingWe change our rating on Shopify from Buy to Hold and believe investors warrant a wait-and-see approach. Read more here...
Continue ReadingAmazon has a bright future with AWS, Prime, and the new Buy with Prime 3PL initiative, despite a tough current environment. Read my earnings analysis of AMZN...
Continue Reading(Bloomberg) -- Technology bellwethers Apple Inc., Amazon.com Inc. and Alphabet Inc. posted results Thursday that show an economic slowdown is throttling demand for everything from electronics and e-commerce to cloud computing and digital advertising.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionHong Kong to Give Away 500,000 Air Tickets to Revive TourismAdani’s $58 Billion Wealth Wipeout in Six Days Has Few P...
Continue ReadingFiscal first-quarter revenue of $117.2 billion at Apple falls 5% from a year earlier, marking the first quarterly revenue decline for Apple in almost four years. Earnings at Alphabet and Amazon miss analysts' estimates...
Continue ReadingFTSE 100 made a subdued start to the day after yesterday’s strong gains...
Continue ReadingThe tech-heavy Nasdaq was up more than 3 per cent. The ARK Innovation ETF was up 6 per cent, and is now up 50 per cent in a bit over a month. This depresses the risk premium on speculative stocks. If I was asked to summarise the reports from Apple, Alphabet, and Amazon in a single word, it might be “sober”...
Continue ReadingBoeing ended 2022 with 60,244 workers in Washington state. The company could hire thousands more this year as big tech companies continue to shed employees...
Continue ReadingPTC's fiscal first quarter results were a little light on margin, but did show slightly better ARR growth and FCF, and I'd call that an in-line quarter on balance...
Continue ReadingApple, Google and Amazon fell late, with January's jobs report on tap. Is the hot market rally due for a pullback?...
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