Recent economic data for the US suggests that the stock market’s hissy fit this year has been a false signal for anticipating a new recession. That’s not surprisingthe short-term noise in equity prices is a constant challenge for business-cycle analysis and so it’s not uncommon that market volatility will lead us astray at times. That’s always been the case and nothing’s....More>>>
SAN FRANCISCO The Amazon Go grocery store, now in the testing stage in Seattle, sounds like a dream come true for holiday shoppers waiting in long lines.
The underlying technology seems to be routed interra firma, however, a mix of cameras, microphones and the massive servers that Amazon uses to run its cloud computing service and power digital assistant Alexa.
The concept promises....More>>>
Hearsay data has found that 10% of compliance risks identified by monitoring language on social and digital platforms are actually risky. The firm’s Risk Meter uses machine learning to prioritize risks it identifies based on almost 100 million annual interactions processed on the Hearsay platform, according to a statement.
“Today, supervision teams are tasked to do more than ever....More>>>
Walt Disney Will Survive, The ESPN Problem is Overblown
Walt Disney (NYSE:DIS) stock has been one of the more notable laggards this year, trailing the Consumer Discret Sel Sect SPDR ETF (NYSEMKT:XLY) and the broader market by a wide margin of more than 10-percentage points. DIS stock has a YTD return of -4.87% compared to a gain of 5.33% by XLY and 7.87% by the S&P 500, respectively.....More>>>
AmerisourceBergen (ABC) sprinted to the top of the S&P 500 after releasing Street-beating earnings this morning.
Shares of AmerisourceBergen jumped 8.8% to $$75.96 today, while the S&P 500 dropped fell 0.7% to 2,097.94.
Leerink’s David Larsen and Matt Dellelo traces today’s big gain to Amerisource’s big drop following McKesson’s....More>>>
In this article, I make an in-depth analysis of Ally Financial, Inc. (NYSE:ALLY) and argue that this lending and savings institution is uniquely overexposed to the automotive industry through dealer networks, commercial lending, retail auto lending, and subprime auto lending. As part of my thesis, I argue that retail auto sales are currently at their peak as some industry-wide....More>>>
Kate Spade & Company (NYSE:KATE) is a designer and manufacturer of women and men’s fashion products. The company primarily operates under two global, multichannel, lifestyle brands: Kate Spade New York and Jack Spade. Jack Spade offers fashion products for men, while Kate Spade New York sells handbags, apparel, and accessories for women and children as well as home products.....More>>>
Japan’s gaming market is finally opening up to gaming companies, opening the kind of growth opportunity the industry hasn’t seen in nearly a decade. But until rules and concessions are ironed out, there are more questions than answers for how gaming in Japan will impact companies or stocks in the industry. But companies are already jockeying for position given what could be a $40 billion....More>>>