Inside Tony Hussey’s mansion in Park City, Utah, thousands of color-coded sticky notes covered the walls, representing many of the financial commitments that Zappos.com Inc. eventually made. Were co-founders of employees, friends and local businesses, according to acquaintances. According to people close to Mr., those registrations, written by a tech …
Read More »Amazon’s fears gripped as internet retail giant shakes up pharmacy business
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 »Ready for another big tech hearing / earnings doubleheader?
Three months ago, Big Tech’s biggest names were caught up in a congressional hearing that was rigged by politicians for their business dominance, then paraded in front of Wall Street a day later to appease them for their financial dominance. Someone must have enjoyed it, because it is going to …
Read More »This chart signal says stop buying megacap technology stocks
The recent pullbacks in megacapitalization technology sto g have now been long enough and have gone so far that they have triggered chart signals warning investors not to sink these stocks in too little time. Chart indicators shine through the widely followed 50-day simple moving average, which serves as a …
Read More »Amazon to open 1,500 small warehouses in US suburbs: report
The report states that while Amazon is padding its real estate portfolio, it is not interested in abandoned department store space. AFP by Getty Images The report states that Amazon.com Inc. Targets U.S. About 1,500,000 small warehouses are to be opened in the city – many of them in suburban …
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