From Twitter and Lyft to Meta and Amazon, Big Tech companies are facing layoffs and hiring freezes as the economy slows...
Continue ReadingThe streaming giant has looked at sports like tennis and surfing, but Co-CEO Reed Hastings has been wary of the rising costs for rights...
Continue ReadingEarlier this year, Amazon fans got a bit of a jolt when the online retail giant announced the cost of an annual Prime membership was rising from $119 to $139. Amazon's higher price point for Prime may have also discouraged some consumers from signing up in the first place. If you're the type of person who can easily be described as overscheduled, then it definitely pays to look at Amazon Prime for the convenience factor alone...
Continue ReadingInvestors will want to see what Lucid and Rivian say about production volumes over the next two days...
Continue ReadingThe S&P 500 Information Technology index has dropped 15% in the past three months and 28% year to date...
Continue ReadingMeta Platforms revenue is declining primarily due to TikTok but also easing economy and growing ad sales from AMZN, MSFT and NFLX. Click here to read more...
Continue ReadingAmazon reported results a few days ago and especially due to the weak guidance for Q4/22, the stock declined about 20%. Check out my price target on AMZN...
Continue ReadingAmdocs is a dividend-paying mid-cap stock in the information technology sector's IT consulting and other services industry. See why I rate DOX stock a buy...
Continue ReadingInvestors today are desperate for income to help overcome the ravages of inflation. Find out if ETY is the income fund that meets your needs...
Continue ReadingPalantir Technologies has significantly declining margins and it is generating less cash from operations. Click here to read why I am currently neutral on PLTR...
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