Amazon’s killer cloud growth can’t make up for this more worrisome trend
Retailers have spent months warning of pressures on consumer spending. Now it looks like even Amazon isn’t immune.
Retailers have spent months warning of pressures on consumer spending. Now it looks like even Amazon isn’t immune.
“The heavy reliance on significant share gains in slow growth categories sounds overly optimistic to us,” TD Cowen analysts say.
Friday’s stock-market pullback has the tech-heavy Nasdaq Composite and even more megacap-tech-concentrated Nasdaq-100 on track to enter correction territory, according to Dow Jones Market Data.
Wall Street is betting the Federal Reserve will slash a key interest rate by a half point in September after an ugly U.S. jobs report renewed talk of a recession.
Gasoline prices at the pump are cheaper than you think. Drivers are paying rougly 8% less than a year ago, with a month left in the summer driving season, thanks to lower-than-usual demand.
The market movements suggest that investors are selling stocks and putting the money into bank bonds in search of yield.
Amazon’s stock has fallen Friday below a widely followed long-term trend tracker, to flash a warning that a downtrend may have started.
Proceeds from the stock sale will be used to pay down Walgreens Boots Alliance’s debt.
The discount airline’s new price tiers will be available for sale starting Aug. 16.
Intel is expected to keep bleeding market share at AMD’s expense.
Retiring abroad for a lower cost of living sounds great. How this couple makes it work.
Spreads on some of Intel’s longer-dated bonds were as much as 20 basis points wider on Friday.
U.S. factory orders fell 3.3% in June mostly because of weaker demand for passenger plans and military aircraft, but an ongoing slump in manufacturing showed no sign of ending.
Also, new rules for home buyers, an estate planning mistake to avoid and a passing of the torch for Big Tech
Recession fears, a growth scare, and a Federal Reserve policy mistake. A combination of all three things gripped the U.S. government debt and interest-rate corners of the financial market on Friday, as traders weighed two days of weaker-than-expected data and translated that into large swings in fed-funds futures and the yield on the policy-sensitive 2-year Treasury note.
Poll says more than 70% of voters are worried about Social Security running out of funds in their lifetime
Canadian executive worked to calm shareholder concerns about the ‘inaccurate’ and ‘questionable’ report published in 2018
‘We probably just have enough for my only daughter’s college expenses in a college fund’
What is the Sahm rule? Is the U.S. economy in recession?
JPMorgan Chase’s CEO weighs in on how the next president could unite the country.