If the loss persists, Bezos’s net worth will drop to around US$155 billion Author of the article: Bloomberg News Cecile Vannucci Jeff Bezos has lost US$23 billion this year through Thursday. Photo by Mandel Ngan/AFP via Getty Images Jeff Bezos saw US$13-billion of his fortune melt away after Amazon.com Inc.’s results left investors disappointed. Advertisement… Continue reading Jeff Bezos loses $13 billion in hours as Amazon shares slump
David Rosenberg: The Fed is tightening and that usually means recession, no matter what they say
The Federal Reserve has a very poor track record of raising interest rates without pushing the economy into a recession The Federal Reserve Board building on Constitution Avenue in Washington, U.S. Photo by REUTERS/Brendan McDermid/File Photo/File Photo With the Federal Reserve embarking on the fastest pace of tightening in nearly three decades there has been… Continue reading David Rosenberg: The Fed is tightening and that usually means recession, no matter what they say
Why stock market forecasters are in need of a reality check
Tom Bradley: You are doing your clients a disservice when you forecast what the stock market is going to do Publishing date: Apr 29, 2022 • 17 hours ago • 4 minute read • 5 Comments Traders work on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files This is an intervention.… Continue reading Why stock market forecasters are in need of a reality check
FP Answers: Am I paying too much in portfolio management fees?
Margarite pays $30,000 in fees for the management of her $2.5-million portfolio. Is that too much? If so, how can she lower those fees? Monitors display stock market information on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg files By Julie Cazzin with Allan Norman Advertisement 2 This advertisement has not… Continue reading FP Answers: Am I paying too much in portfolio management fees?
Tom Bradley: Why stock market forecasters are in need of a reality check
You are doing your clients a disservice when you forecast what the stock market is going to do Traders work on the floor of the New York Stock Exchange. Photo by REUTERS/Brendan McDermid files This is an intervention. It’s for investment advisors and economists who have been exhibiting compulsive, addictive and destructive behaviours. Advertisement 2… Continue reading Tom Bradley: Why stock market forecasters are in need of a reality check
Amazon delivers weak outlook, hampered by higher costs
The e-commerce giant’s shares fell 10% in after-hours trade Author of the article: Reuters Jeffrey Dastin and Tiyashi Datta Amazon boxes stacked for delivery in the Manhattan borough of New York City. Photo by REUTERS/Mike Segar/File Photo Amazon delivered a disappointing quarter and outlook on Thursday as the e-commerce giant was swamped by higher costs… Continue reading Amazon delivers weak outlook, hampered by higher costs
Shopify’s downtrodden stock faces new test as analysts turn sour
At least six securities-firm analysts have slashed their price targets on the tech giant in the last two weeks Author of the article: Bloomberg News Stefanie Marotta Shopify shares have plunged nearly 70 per cent this year. Photo by Michael Nagle/Bloomberg Shopify Inc. faces a wall of worry heading into its earnings release next week.… Continue reading Shopify’s downtrodden stock faces new test as analysts turn sour
From punchline to deal in under 2 weeks: The inside story of how Elon Musk won his Twitter prize
Sheer speed, along with Musk’s use of his personal wealth and ability to get outsized attention, made it unlike any deal before Author of the article: Financial Times James Fontanella-Khan, Eric Platt and Antoine Gara in New York and Richard Waters in San Francisco Elon Musk put his personal wealth on the line to underpin… Continue reading From punchline to deal in under 2 weeks: The inside story of how Elon Musk won his Twitter prize
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