Amazon.com Inc on Sunday announced an expected sale for its loyalty-club shoppers, an event like its Prime Day summer marketing blitz that aims to boost holiday revenue and appeal to cost-conscious buyers facing economic turbulence...
Continue ReadingThe "Prime Early Access Sale" will start Oct. 11 at midnight Pacific Daylight Time (0700 GMT) for 48 hours in 15 countries, Amazon said. Vice president Jamil Ghani told Reuters the rationale for a second Amazon deals event this year was earlier holiday shopping and the "macroeconomic environment" customers faced. Ghani declined to offer revenue forecasts for how the event would compare to Black Friday and Cyber Monday sales this fall or to July's Prime Day...
Continue ReadingSEATTLE, September 26, 2022--(NASDAQ: AMZN)—Today, Amazon unveiled Prime Early Access Sale, a new two-day global shopping event exclusive to Prime members. The event begins October 11 at 12 a.m. PDT and runs through October 12 in 15 countries: Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, Turkey, the UK, and the U.S...
Continue ReadingJeremy Granthamâs 13F portfolio value decreased from $20.73B to $18.46B this quarter. Click to read more about GMO Capital's holdings and trades for Q2 2022...
Continue ReadingI have been trading in and out of my oil favorites in my trading account. Click here to see my weekly trades and why I've added Eli Lilly...
Continue Reading(Bloomberg) -- The great tech selloff of 2022 is far from over as investors brace for earnings misses that may spur a more than 10% plunge in the Nasdaq 100.Most Read from BloombergBank of England Says Paper Banknotes Only Good for One More WeekJohn Paulson on Frothy US Housing Market: This Time Is DifferentThe Great Bond Bubble Is ‘Poof, Gone’ in Worst Year Since 1949Pound Plunges to Record Low as Kwarteng Signals More Tax Cuts‘Read Putin More Often and Carefully,’ Lavrov Tells the WorldMore th...
Continue ReadingU.S. equity and bond markets plunged to the lowest levels of the year this past week. But there were some brighter spots in REITs amid the carnage. Read more here...
Continue ReadingAfter multiple retailers struggled with excess inventory, they are now pushing to get a taste of the holiday shopping frenzy early. Inventory management proved to be disastrous earlier this year as Walmart suffered from an excess of bad inventory through the summer. Target also dealt with inventory that wasn't selling during the same period...
Continue ReadingAT&T (NYSE: T) and IBM (NYSE: IBM) both underwent dramatic transformations over the past year. AT&T divested DirecTV, merged WarnerMedia with Discovery to create Warner Bros. Discovery (NASDAQ: WBD) , and sold many of its non-core assets to prioritize the growth of its core telecom business...
Continue ReadingNo one knows for sure when the next bull market will start, but we do know one thing: There will be another bull market eventually. While there have been several bear markets during that time, none of them have knocked the U.S. stock market off its growth trajectory. In fact, since the average length of a bear market is only about nine months, the current one, which began in early January when the S&P 500 peaked, has already lasted about as long as a typical bear market...
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