U.S. stock futures stabilize after sharp selloff. Will Amazon strike during busy holiday season? Micron shares slump 16%...
Continue ReadingThe Gabelli Global Growth Fund returned +2.7% during the third quarter, compared with a +5.5% return for the S&P 500. Click here to read the full commentary...
Continue ReadingPressure is building on Amazon.com to come to the bargaining table with the Teamsters union as thousands of workers threaten to strike during the retailer’s busy holiday selling season. Workers in New York City, southern California and Skokie, Illinois, voted in recent days to authorize a strike should Amazon fail to bargain with the International Brotherhood of Teamsters. On Wednesday, the union said workers at Amazon facilities in Atlanta and in San Francisco joined in favor of striking...
Continue ReadingThe Dow Jones Industrial Average fell more than 1,100 points after the Federal Reserve cut interest rates but signaled they might stay higher than investors expected in 2025. The blue-chip index gave up an early gain and posted its largest slide since August after Fed officials lowered rates by a quarter percentage point and disappointed investors by signaling just two more cuts next year. Investors’ expectation for lower rates ahead was among the factors that powered stocks to records in recent weeks, with the Dow industrials hitting an all-time high above 45000 earlier in December...
Continue ReadingBernstein analyst Mark Shmulik and J.P. Morgan analyst Doug Anmuth both name Amazon stock as a Best Idea for 2025...
Continue ReadingIn their annual December podcast, Tracey Ryniec and John Blank look at whether there is a recession and where you should be investing next year...
Continue ReadingThe Amazon founder saw an almost 10-figure savings by moving south...
Continue ReadingJ.P. Morgan highlights AI-powered growth as key driver for top 2025 Internet stock picks across market caps...
Continue Reading(Bloomberg) -- Amazon.com Inc. won’t have enough space for thousands of employees when they start returning to the office five days a week next month. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe company recently told some personnel working in at least seven cities — including Austin, Dallas and Phoenix — that their return dates will be pushed back as much as four months, according to people familiar with the situation.The delay is the latest twist i...
Continue ReadingNvidia (NVDA) shares are trading higher following a report from The Information that the chip maker could build a cloud business that rivals Amazon's (AMZN) cloud segment, Amazon Web Services (AWS). Madison Mills and Josh Schafer take a closer look on Catalysts. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan...
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