Not much has changed in the past 90 days for Oakmark Global Fund, so what gives? Click here to find out...
Continue ReadingThe Oakmark Select Fund generated a 4.7% return in the fourth quarter 2022. Click here to read the full fund letter...
Continue ReadingThe stock market rallied again, with investors betting on a tame CPI inflation report Thursday. Amazon led megacaps higher...
Continue Reading(Bloomberg) -- A regional director of the US National Labor Relations Board has certified the Amazon Labor Union’s victory last year at a Staten Island warehouse, rejecting all objections raised by Amazon.com Inc.Most Read from BloombergUS Safety Agency to Consider Ban on Gas Stoves Amid Health FearsUniversal Plans New Family Resort in Texas, Las Vegas Horror AttractionUS Flights Latest: Departures Resume After FAA Lifts Ground StopRental Housing Is Suddenly Headed Toward a Hard LandingMexican P...
Continue ReadingThe Avalanche (CRYPTO: AVAX) cryptocurrency skyrocketed on Wednesday thanks to a freshly signed collaboration deal with Amazon (NASDAQ: AMZN) and its Amazon Web Services (AWS) cloud-computing arm. As of 4:30 p.m. ET, the cryptocurrency had gained 13.3% in 24 hours. AWS needed a default blockchain platform for managing and executing smart contracts, which can perform financial transactions and ownership transfers based on real-time market data...
Continue ReadingIt’s safe to say most investors did not foresee shares of Amazon (NASDAQ:AMZN) shedding 50% of their value last year but that’s how it panned out in 2022’s market rout. However, 2023 is off to a decent start with the stock showing year-to-date gains of 13%. Sachin Mittal – Head of Telecom, Media and Technology Research of Singapore banking giant DBS – thinks there are enough reasons for Amazon to keep pushing ahead and points to several elements of its multi-thronged business that will help to d...
Continue ReadingIn the fourth quarter, every sector in which the Oakmark Fund was invested contributed a positive absolute return. Click here to read the full fund letter...
Continue ReadingEnthusiasm is growing for Microsoft's investment in ChatGPT, with one analyst calling it a potential "game-changer."...
Continue ReadingAmazon dropped more than 50% in the last year, leaving investors to wonder: Is the pain over? For traders who think the price of Amazon stock might stabilize here, an iron condor option trade is a way to profit. According to IBD Stock Checkup, AMZN stock is ranked No. 13 in its group and has a Composite Rating of 42, an EPS Rating of 65 and a Relative Strength Rating of 13...
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