If Biden’s broad lead in the polls is signaling a boom to investment strategists: Wall Street will now see fewer chances of a contested election and a more likely “Blue Wave” – Democrats take the House, Senate and White House – and heartfelt excitement could follow. Why it’s important: Bloomberg …
Read More »New Turbulence for Airlines – Axios
The peak season for travel – as it is – is almost over, and without conferences or events to confirm business travelers this fall, the modest recovery of the airline industry could quickly lose ground. Why it matters: Investors have recently revamped airlines as shareholders – encouraged, in part, by …
Read More »Goodyear tumbles 6% after Trump tweets to boycott company over MAGA has ban (GT)
Elise Amendola / AP Goodyear Tire & Rubber Co. fell as much as 6% on Wednesday after President Donald Trump told his 85 million Twitter followers to boycott Goodyear ties. “DO NOT BUY GOODYEAR TIRES – They announced a BAN ON MAGA HATS,” Trump tweeted. Trump’s tweet was likely prompted …
Read More »Do you miss the Fyre festival? You can buy the US government t-shirt – NBC New York
If you missed the infamous international fiasco that was the Fyre Festival in 2017, now is your chance to grab commemorative loot, from the US government. The U.S. Marshals Service is auctioning off festival merchandise seized from founder Billy McFarland in an effort to return his victims. The 126 items …
Read More »Goldman sees 28% upside potential on Amazon and ties to high street price target in ‘Accelerating Ecommerce Growth’ (AMZN)
According to Goldman Sachs, “accelerating the growth of e-commerce” will propel Amazon to new all-time highs. Goldman and Jefferies on Monday assigned a high street price target on Amazon of $ 3,800, representing upside potential of 28% since Friday’s close. The update occurs when consumers have relied heavily on e-commerce …
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