Key points Specialty retailer Abercrombie & Fitch raised its fourth-quarter and full-year 2023 net sales and operating margin forecasts on the back of better-than-expected holiday sales. Abercrombie’s Chase strategy uses…
Category: Business Finance
Specific advice from Jeff Bezos convinced Shaquille O’Neal to invest in this $29 million college startup
Shaquille O’Neal invested in the online community college Campus initiative, influenced by the wisdom of Jeff Bezosthe visionary behind Amazon, according to a CNBC report. With substantial backing of over…
Med-tech stock Conmed tumbles ahead of big Q4 report… an opportunity?
Key points CONMED shares tumbled 10% last week, retreating below the $100.00 level in an apparent profit-taking move on one of the market’s hottest groups. The company is expected to…
Biden says 2024 race is ‘the weirdest campaign I’ve ever been in’ while Trump bizarrely compares his appearance to Elvis Presley
Saturday, President Joe Biden described the 2024 presidential election as the most bizarre campaign he has ever been involved in, citing the erratic conduct of his Republican rival, the former…
IBM shares soar to 10-year high on accelerated growth in artificial intelligence
Key points IBM shares have risen 14.42% over the past month, with a gap of 9.49% following better-than-expected fourth-quarter results. CEO Arvind Krishna attributes the success to the growing demand…
Fabricated charges? A poll reveals what most Americans think about the allegations against the embattled former president
A new poll released by YouGov has revealed a prevailing sense of distrust among Republican voters regarding the fairness of legal proceedings against the former president Donald Trump. The poll…
2 Improved Food Stocks With Huge Earning Potential
Key points The market’s sustained uptrend has led to a flurry of improving activity on Wall Street, including recent improvements in food stocks. A total return of 22.5% for a…
Amazon’s AWS vs. Microsoft’s Azure vs. Google Cloud: Which Company Won the Cloud Race in Q4? – Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN)
Cloud Titans AMazon, Inc. AMZN, Microsoft Corp. MSFT AND Alphabet, Inc. GOOGLE GOOG all reported fourth-quarter results this week, and the spotlight was on cloud businesses, given their high-margin nature.…
Advanced Micro Devices is at a significant inflection point
Key points Advanced Micro Devices had a solid quarter, but the results were as expected, leaving the market with no choice but to sell off. The decline is alarming, but…
Bill Gross and Jamie Dimon weigh in on the US debt crisis, Peter Schiff criticizes the Federal Reserve’s inflationary policy and more: this week’s economics – BlackRock (NYSE:BLK), JPMorgan Chase (NYSE:JPM)
The week’s financial landscape was mixed, with warnings of a debt crisis, bullish views on US stocks and concerns about the unemployment rate. The most important financial figures such as…