Many consumer facing stocks are getting killed today because of Amazon’s acquisition of Whole Foods. But not all. Here are some that might surprise you. A wide variety of stocks are getting killed today after Amazon.com (AMZN) agreed to buy Whole Foods Market (WFM). Grocers like Kroger (KR). Big-box stores like Target (TGT). Pharmacies like CVS Heath […]
Category: Personal Finance
Does Your Company Have A Winning Strategy?
Almost every business today faces major strategic challenges, but different companies are challenged in different ways. That’s why so much conventional wisdom surrounding strategy — for example, understanding your external environment — can fall short of what a company needs. Winning today requires you to carefully balance your strengths (what you can do incredibly well) […]
What you need to know in markets this week
After a very busy week that saw the Federal Reserve raise interest rates for the third time since December, Uber issue a long-awaited report about its internal culture, and Amazon (AMZN) announce a blockbuster $13.7 billion deal to acquire Whole Foods (WFM), the calendar in the week ahead should be more tame. On the economic […]
China Rethinks Its Global Role in the Age of Trump
Beijing is getting more involved as the U.S. turns inward. That’s not quite the same as world leadership. On the world stage. Photographer: VCG/Getty Images In his short time in office, President Donald Trump has done a good job of making China great again. His isolationist rhetoric and unilateral actions — such as pulling out […]
Here’s Why The Price Of Oil Is Being Held Down
I don’t know about the rest of you guys, but is anyone else feeling a bit hinky about the price of oil? Every time we seem to have the table set for a rally, someone comes along and saws off a leg. So many indicators going in opposite directions at the same time. It’s… unsettling. […]
Bill Gates and Warren Buffett agree on this singular piece of advice for entrepreneurs
Two titans of business took a tour of a mattress factory and seemed to be having the time of their lives. And that merry jaunt during Berkshire Hathaway’s BRK.A recent annual shareholders weekend is not unrelated to why they’re both billionaires. Warren Buffett and Bill Gates […]
An Unusually Packed Thursday Will Test Markets
Call it the Teflon market. The world’s on edge over everything from rising tension in the Middle East to an uncertain U.K. election to the turmoil surrounding the Trump administration. Yet financial markets chug along as if nothing’s amiss — global stocks are churning just 0.4 percent below all-time highs, while volatility in equities, bonds […]
Millennials are saving for financial freedom — not retirement
Millennials often get a bad rap when it comes to financial responsibility. But it turns out those stereotypes may be off base. Millennials are saving more money than any other generation, according to a new study by Bank of America and Merrill Edge. But it’s what they’re saving for that really sets them apart from […]
The 6 words billionaire Warren Buffett uses the most, according to a data scientist
Self-made billionaire and Berkshire Hathaway CEO Warren Buffett’s steadfast optimism has grown his following over the years — and he even uses specific words to achieve his success, according to recent analysis. Thanks to his leadership, the legendary investor has inspired upwards of 160 other billionaires to promise to give away at least half of […]
Check out the new and improved ‘dark mode’ coming to your iPhone this fall
Apple launched several new products and features for iPhones and Macs at its annual developers’ summit on Monday, but one of the biggest improvements for many iPhone users was buried in the fine print. Apple has developed a new and improved dark skin for the iPhone, which it’s calling “redesigned invert colors.” redesigned invert colors (Apple) […]
Putin Says ‘Be Happy’ About Trump on Climate, on Everything
Russian leader urges American executives to support Trump Anti-Russia ‘hysteria’ is like anti-semitism, Putin says Russian President Vladimir Putin said he wouldn’t judge U.S. President Donald Trump for withdrawing from the Paris climate-change agreement. He spoke during a panel at the St. Petersburg International Economic Forum. (Excerpt. Language: English translation. Source: APTN) (Source: Bloomberg) Vladimir […]
It Looks Like The ‘Brexit Fallout’ Is Nowhere In Sight
A year after the Leave vote, Britain’s capital is scheming to dominate global finance, Europe be damned. Thirty years ago, London’s Isle of Dogs was a barren expanse of abandoned wharves and crumbling warehouses, never recovered from the wartime attentions of the Luftwaffe. Even the names of nearby boat basins were reminders of Britain’s lost […]