- Reuters•6 hours ago
A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam. With second-quarter reporting season kicking into high gear, scorecards from Apple (AAPL.O), Alphabet (GOOGL.O), Amazon.com (AMZN.O) and Facebook (FB.O) will be front and center for investors eyeing the S&P 500's already-stretched valuation following a nearly 9-percent rally since June 27. "These are very widely owned companies by institutional investors and there could be selling if the news is bad," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
- American City Business Journals•11 hours ago
It's hard to imagine — particularly in Seattle — a world without Amazon. This came to light Thursday during a tour of the company's emerging high-rise campus when the company's facilities director, John Schoettler, talked about the centerpiece of the campus — the sphere-shaped conservatory rising at Sixth Avenue and Lenora Street in downtown Seattle. Once Amazon's first three high-rises were planned, Schoettler said that Bezos talked about how Amazon (AMZN) should build "something really special, something really iconic." That's when the idea for the giant bubble buildings was developed, Schoettler told members of NAIOP, a commercial real estate trade group that organized the tour.
After hours: 744.10-0.76 (-0.10%) as of 7:59 PM EDT
|Bid||744.00 x 100|
|Ask||744.75 x 100|
|52wk Range||451.00 - 757.34|
|Day's Range||743.53 - 751.20|
|Avg Vol (3m)||3,788,015|
As of 4:00 PM EDT. Market closed.