Bulls in the stock market are giddy. What is there no to be happy: the stock market mostly goes up, and making money seems easy. While newly minted investors focus on accumulating small, speculative stocks, institutions hide in large-cap tech stocks. For prudent investors, now is the time to understand …
Read More »
Amazon.com Inc. Chief Executive Jeff Bezos promised to spend the expected profits amid a huge surge in sales related to the COVID-19 pandemic, but sales grew so fast that it ended with record profits. Amazon AMZN, + 0.60% reported second-quarter earnings of $ 5.2 billion, or $ 10.30 a share, …
Read More »
The CEOs of four of the world’s largest and most influential tech companies are set to testify Wednesday before a House of Representatives antitrust panel, and plan to emphasize how their products improve the lives and jobs of Americans. Jeff Bezos of Amazon.com Inc. AMZN, + 0.95% , Tim Cook …
Read More »
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »
MacKenzie Scott said Tuesday that he has donated about $ 1.7 billion of his fortune in the past year since his divorce from Jeff Bezos. The donations went primarily to social justice, public health and climate change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott, …
Read More »