“ ‘They know that overhauling the festivities – that is, continuing to speculate in companies that have gigantic values relative to the cash they are likely to generate in the future – will eventually bring pumpkins and mice. However, they hate to miss a single minute of what one Helluva …
Read More »Microsoft says Apple’s threat against ‘Fortnite’ maker would tear up the entire video game industry
Threat of Apple Inc. to the developer account of Epic Games Inc. to withdraw would have far-reaching effects detrimental to the video game industry, said Microsoft Corp. in a court filed Sunday. Epic’s new submission comes amid a tense showdown with Apple’s AAPL, + 5.15% , which removed Epic video …
Read More »BJs are adding a ton of new members to their roster, and many are young and digitally savvy customers
Wholesale Club Holdings Inc. of BJ says that the coronavirus pandemic has added the number of new members participating in the retail trade, especially among the young and digitally savvy. BJ’s BJ, + 3.64% says it now has more than six million paid members. “To put this in perspective, over …
Read More »Invest in tech indexes, but hedge your bets with fine wind and stamps, says this strategist
“Fine wine and stamps, as well as art and other collectibles, because investors have the correlation for tech business stocks and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, CEO of Aquaa Partners. REUTERS / Regis Duvignau / Triemfoto regis duvignau / Reuters …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
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