Amazon.com Inc. (NSDQ:AMZN)stock fell by more than 5 % over the last week. There were a series of service announcements last week by Amazons cloud-computing business, AWS, but they also didn’t do much to support the falling AMZN stock. However, AWS re:Invent 2016 has reaffirmed that AWS is one strong reason to buy AMZN stock now. AWS is expected to top $12 billion in revenue this year, compared....More>>>
European stocks ended a choppy session on a down note Thursday. The pan-European index was supported by broad-based gains in the banking sector, after Credit Suisse Group AG provided an upbeat outlook and vowed to return a large chunk of profits to investors.
Oil companies, however, lost ground as oil prices turned mixed as OPEC agreed to extend output curbs.
What are markets doing:....More>>>
Warren Buffett-ledBerkshire Hathaway (NYSE:BRK.A) has been on a tear following the US Presidential election. The BRK.A stock is up 12.2% since November 8, outperforming the S&P 500 (INDX:SPAL), which is up 6% in the same period. While Buffett was a clear and staunch supporter of Hillary, it could come across as a surprise that investors have been buying BRK.A stock in droves. Can Berkshire Hathaway....More>>>
I came across NetEase (NASDAQ:NTES) in early 2013, when it was starting to become a major player in the Chinese mobile game industry. At first, I was a bit skeptical about their future growth and valuation. Video game companies are sometimes “one-hit wonders”, and decline after their top sellers lose popularity. But NetEase is an exception. After watching it for a few months, I decided....More>>>
Last week Renewable Energy & Power, Inc. (OTC PINK : RBNW ), a diversified corporation with markets in energy-saving technologies of LED lighting, solar and wind energy, announced a large San Francisco Bay Area electronic assembly corporation has approved the installation of 1,275 LED lights for their entire main campus.
This is the third such announcement in as many....More>>>
By Sherri Snelling, Next Avenue Contributor
It all started with a fifth-grade class project. Scott Tarde, CEO of George G. Glenner Alzheimer’s Family Centers, which has operated dementia day care facilities in California’s San Diego county for 35 years, was amazed at his 12-year-old daughter’s enthusiasm over her Junior Achievement “BizTown” field trip.
Globalstar (NYSEMKT:GSAT) has been growing its total sales, but still struggles with its bottom line. 2016 revenue increased 7%,but another round of financing could be needed to keep things afloat, as operating margin is still deep in the red. The company is making some headway, but time could be running out for the satellite communications provider.
A hole that keeps getting deeper
Following the Brexit referendum, pro-European Union political forces have meaningfully strengthened their positions. According to the Eurobarometer survey, trust in the European Union has increased to 36%, up from 33% seen in the spring 2016 survey. That being said, Brussels’ immigration policy is still one of the top issues for the European electorate. In fact, as per the Eurobarometer survey,....More>>>
As tax season gets into full swing, consumers get bombarded by companies looking to get a piece of their tax refund.
Retailers, car dealers, and pretty much anyone who has something to sell recognizes that a little extra money can burn a hole in some people’s pockets. And since the average American got a refund of $3,120 in 2015, according to the Internal Revenue Service (IRS), there....More>>>
With the exception of BBVA Banco Frances (NYSE:BFR), Argentine banking ADRs have brought a great performance over the past year. Grupo Supervielle (NYSE:SUPV) in particular is up more than 30% since its IPO on May 20th last year, but Banco Macro (NYSE:BMA) and Grupo Financiero Galicia (NASDAQ:GGAL) are not that far behind, with a 20% and 24% 1y-return each.
Many reasons are behind this....More>>>