BlackRock CEO Larry Fink encouraged investors to allocate up to 100% of their portfolios to equities. Read why Mr. Fink is so bullish on stocks here...
Continue ReadingFour years after Tang Mingfang called out the injustices he witnessed at a Foxconn factory in China, nothing has changed — except for him...
Continue ReadingTech giants like Microsoft, Meta Platforms, Alphabet, and Amazon have seen minor stock declines, but future growth and AI services show promise. Read more here...
Continue ReadingAt the end of November, Amazon.com Inc (NASDAQ: AMZN) held its re:Invent conference that kicked of with a slew of announcements that showed the e-commerce titan is working hard to challenge the early market dominance of its main AI rival, Microsoft Corporation (NASDAQ: MSFT). Today, Alphabet (NASDAQ: GOOG)-owned Google announced it took its next AI leap with the launch of an AI model trained to behave in human-like ways. Google Debuted Its Latest Generative AI Offering Today, Google debuted Gemi...
Continue ReadingAn internal Amazon memo has provided a stark look at the company’s carefully laid out plans to grow its influence in Southern California through a plethora of efforts that include burnishing its reputation through charity work and pushing back against “labor agitation” from the Teamsters and other groups. The eight-page document — titled “community engagement plan” for 2024 — provides a rare glimpse into how one of American’s biggest companies executes on its public relations objectives and attempts to curtail reputational harm stemming from criticisms of its business. It also illustrates how Amazon aims to methodically court local politicians and community groups in order to push its interests in a region where it could be hampered by local moratoriums on warehouse development, and it is facing resistance from environmental and labor activists...
Continue ReadingDan Loeb's 3Q2023 portfolio value decreased by 3%, with top holdings making up 34%. Third Point's return was -0.9% vs. -3.3% for S&P 500. Read more here...
Continue ReadingThe WisdomTree US quality growth fund ETF has beaten the S&P 500 YTD with a return of ~50%, focusing on top stocks like Apple and Amazon. Read more on QGRW here...
Continue ReadingAt this point, you've perhaps finished the bulk of your holiday shopping and are done raiding your savings account to buy your loved one the electronics and apparel they've been jonesing for. The good news is that Amazon has a host of fun items you can find at reasonable prices. Scratch paper makes a great token gift for kids of all ages; it's coated so that when you scratch the coating off, you reveal color underneath...
Continue ReadingROKU collaborates with Tennis Channel to launch T2 in the United States...
Continue ReadingAmazon's stock outperforms the market with a strong online retail business and projected growth in their AWS segment. Read why I maintain a buy rating on AMZN...
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