Amazon.com Inc

We’re trimming tech stocks and an automaker because it never pays to fight the Fed
Technology

We’re trimming tech stocks and an automaker because it never pays to fight the Fed

We’re making several more trims, targeting tech and an economically sensitive automaker due to our concerns about an aggressively hawkish Fed. Source

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Teens are worried about the U.S. economy, but they’re still spending on Nike and Lululemon
Business

Teens are worried about the U.S. economy, but they’re still spending on Nike and Lululemon

Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growing economic uncertainty, according to a new survey. Athletic apparel brands such as Lululemon and Nike that combine comfort and fashion are winning out […]

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5 things to know before the stock market opens Tuesday
Business

5 things to know before the stock market opens Tuesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower after two-session winning streak Traders on the floor of the NYSE, April 4, 2022. Source: NYSE U.S. stock futures dipped Tuesday after back-to-back gains on Wall Street. The Nasdaq advanced nearly 2% to […]

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Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch internet satellites
Technology

Amazon signs massive rocket deal with 3 firms, including Bezos’ Blue Origin, to launch internet satellites

Artist renderings of the companies’ rockets, from left to right: New Glenn, Vulcan Centaur, and Ariane 6. Blue Origin / United Launch Alliance / Arianespace Amazon on Tuesday announced what it says is the biggest rocket deal in the commercial space industry’s history, signing on with three companies for up to 83 launches of its […]

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These are RBC’s top ideas for long-term investors heading into the second quarter
World

These are RBC’s top ideas for long-term investors heading into the second quarter

Here are 10 high conviction stocks RBC likes heading into the second quarter. Source

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Investing Club: Here’s our April rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
World

Investing Club: Here’s our April rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio

Ahead of our Monthly Meeting this Thursday, we are providing the Club with a quick refresher on all the holdings in the portfolio. Source

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Morgan Stanley explains how unions could impact Amazon’s bottom line
Technology

Morgan Stanley explains how unions could impact Amazon’s bottom line

Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images Amazon workers on New York’s Staten Island on Friday voted to […]

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Tech companies cautiously bring people back while contending with hesitant employees
Technology

Tech companies cautiously bring people back while contending with hesitant employees

Atsuko Bolinguit, with tech startup company Fast, works in the office at her desk on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Starting Monday, Google is bringing most employees back to assigned physical offices three days a week. The company has said since the beginning of the pandemic that it […]

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Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize
Business

Starbucks’ New York City Reserve Roastery becomes the 9th cafe to unionize

Employees serve customers at a newly opened Starbucks’ Reserve Roasteries in the Meatpacking District on on December 14, 2018 in New York City. Spencer Platt | Getty Images Starbucks baristas at its New York City Reserve Roastery voted 46-36 in favor of forming a union on Friday, dealing a blow to incoming interim CEO Howard […]

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DC attorney general says fighting big tech is like David versus Goliath
Technology

DC attorney general says fighting big tech is like David versus Goliath

Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC. Alex Wong In his battles with Big Tech, District of Columbia Attorney General Karl Racine sees his office as something of an underdog. “In a real way, when you take on […]

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