Amazon.com Inc said on Thursday it would buy One Medical for $3.49 billion in an all-cash deal. (Reporting by Manas Mishra in Bengaluru; Editing by Shailesh Kuber)...
Continue ReadingSEATTLE & SAN FRANCISCO, July 21, 2022--Today Amazon (NASDAQ:AMZN) and One Medical (NASDAQ:ONEM) announced that they have entered into a definitive merger agreement under which Amazon will acquire One Medical. One Medical is a human-centered, technology-powered national primary care organization on a mission to make quality care more affordable, accessible, and enjoyable through a seamless combination of in-person, digital, and virtual care services that are convenient to where people work, shop...
Continue ReadingOakmark Funds, an investment management firm, published its “Oakmark Select Fund” second quarter 2022 investor letter – a copy that can be downloaded here. The volatility in the first quarter accelerated in the second quarter over concerns about sustained inflation, the need for higher interest rates, and the consequently increased odds of a recession. As […]...
Continue ReadingMega-caps led the way down - especially big tech. Now, they are starting to turn higher. Check out my list of eight stocks that appear to be making a bottom...
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Continue ReadingA major Bluetooth headphone maker, Dongguan Koppo Electronics Co, has decided to shut down for good and dismiss all its workers, becoming the latest casualty of the economic headwinds, supply chain disruptions and trading woes that have hit China's manufacturing heartland. Koppo Electronics, which has operated its factory in the city of Dongguan in southern Guangdong province for 12 years, said it was ceasing operations partly because "a number of cross-border e-commerce clients have failed to m...
Continue ReadingOnce upon a time, Amazon wasn't the powerhouse company it is today. When the dot-com bubble crash occurred in 2001, Amazon's stock cratered by roughly 90%. Investors shouldn't expect all these up-and-comers to turn out like Amazon, but some potential winners are hiding in the bunch...
Continue ReadingAmazon (AMZN) is about to release season one of the Lord of the Rings: The Rings of Power. Read more to see I consider AMZN stock as a whole a buy...
Continue ReadingWe believe the market has overreacted to inflation, recession, and interest rate concerns. Read more to see what we are buying right now...
Continue ReadingIn this article, we look at three specific pieces of Charlie Munger's investing advice and some high yielding picks that fit in with his wisdom. Read more here...
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