Amazon.com has been one of the most innovative and disorganized companies of this century, with incredible success in areas beyond historically considered its core business (book sales). Thus every ad or speculation Amazon AMZN, -0.96% Whoever enters a particular industry sends the shares of that industry into the tailspin. Investors …
Read More »Nvidia crushed earnings estimates. Its stock is slipping
The size of the text A sign has been posted in front of the Nvidia headquarters Justin Sullivan / Getty Images Nvidia returned to its roots late Wednesday when earnings were reported to have outpaced the data-center business by selling videogame chips, as the company re-established itself in a position …
Read More »Carnival and Norwegian cruise lines sell more stock. Here is what they will do with the money.
The size of the text Carnival’s Ecstasy cruise ship, docked at Jacksonville harbor, amid a coronavirus outbreak in late March. Sam Greenwood / Getty Images U.S. Two of the three major cruise operators have announced capital increases this week, the latest in a series of similar moves in recent months …
Read More »Apple Pull Event: Expected new Mac computers with in-house processing power
Apple Pal Inc. The excitement for the new iPhones has helped keep the company’s share price at a record high, with the nearly 40-year-old workhorse showing impressive growth in recent years: Mac Mac. Computer line sales rose 29% to a record 9 9 billion in the previous quarter. Apple has …
Read More »Warren Buffett’s profit on Berkshire Hathaway rose 826%, but the epidemic hurt business.
Wern Run Buffett of Berkshire Hathaway Getty Images Omaha, Nab. – Warren Buffett’s organization reported a 3% increase in its third-quarter profit as the value of its investment portfolio increased, but Berkshire Hathaway said the coronavirus epidemic damaged a variety of businesses, such as the BNSF railroad. Berkshire BRKB, + …
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