GE HealthCare Technologies hired former Amazon executive Dr. Taha Kass-Hout as chief technology officer to lead the health tech firm's strategy that includes artificial intelligence on devices, some of which is developed in metro Milwaukee...
Continue ReadingThe onetime face of Amazon Web Services’ worldwide public sector unit was most recently with Microsoft...
Continue ReadingThe market reminds me of the conflict in Ukraine right now, just a slow grind down in which the Nasdaq continues to lead the decliners after losing more than a third of its value last year. Take the Jobs market. Yesterday the ADP Jobs report showed the economy created 235,000 jobs in December, far above expectations for 145,000 positions...
Continue ReadingTech companies went on a spending binge to satisfy new pandemic demand. Then came the reopening and the rate hikes. Now, investors, consumers, and employees are on the hook for the bill...
Continue ReadingShares of Costco Wholesale (NASDAQ: COST) were moving higher today after the warehouse retailer posted strong results in its December comparable sales report. The update assured investors that a slowdown in November may have just been temporary and showed the company delivered strong results for the holiday season. Costco's December update seemed to quiet bears who saw the company succumbing to recessionary headwinds...
Continue ReadingIn this video, I will talk about Amazon (NASDAQ: AMZN), specifically the recent layoffs -- which in my opinion won't move the needle much -- and how Amazon performed during the 2008 financial crisis and the recession that followed...
Continue ReadingCompanies in The News Are: AMZN, MSFT, TSLA, CVX...
Continue ReadingDon't be hasty to sell Amazon stock. The company can still thrive in the post-e-commerce boom era...
Continue ReadingMarkets rallied after the non-farm payrolls report on Jan. 6 and investors may re-calibrate investments by holding companies in strong sectors. Click to read...
Continue ReadingThe Dow Jones Industrial Average outperformed the Nasdaq Composite by the largest margin in over 20 years. Ark Innovation ETF, Cathie Wood's exchange-traded fund, lost 67% of its value in 2022, while Warren Buffett's Berkshire Hathaway gained 4%. One of the million-dollar questions of 2023 is whether value stocks can continue outperforming growth stocks...
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