Just ask Amazon (NASDAQ: AMZN), one of the largest companies in the world by market cap. Amazon has responded to these issues by attempting to reduce expenses where it can, including letting go of thousands of employees, a popular move on Wall Street these days. Let's consider the good, the bad, and the ugly of Amazon's layoffs from a business and investing perspective.
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Super Micro stock fell hard after the data-center computer specialist didn't announce preliminary results for its fiscal Q3.
In seven of the past eight quarters, the company disclosed preliminary results ahead of its earnings report, generally raising its guidance.
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
Is the shine starting to come off Super Micro Computer stock? Shares of the server maker, better known as Supermicro, fell 16% Friday , putting the stock on track for its fifth decline in six sessions.
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
You don't have to be a stock market genius to outperform most pros.
“She can barely make her mortgage payment as all her income goes towards the house payment and living expenses.”
