|Bid||1,538.3000 x 1200|
|Ask||1,539.4800 x 1000|
|Day's Range||1,526.44 - 1,576.03|
|52 Week Range||1,160.55 - 2,050.50|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||85.63|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,136.26|
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Talking to CNBC, “bond king” and DoubleLine CEO Jeffrey Gundlach said of the Federal Reserve, “I think they shouldn’t raise [rates] this week. Gundlach added that the Fed has shouldn’t have kept rates (AGG) so low for this long. As we highlighted in What Will the Fed’s December Meeting Mean for Markets?, the Fed is widely expected to raise the interest rates (BND) by 25 basis points at its December 18–19 meeting.
can proudly proclaim to his investors that he has no intention of turning a profit. “Shareholders should not expect to make any money on ’Harry Potter 7’—I will tell you that right now,” Mr. Bezos said at Amazon’s annual meeting in June of 2007. Not coincidentally, this comes as the company’s rapid growth pace seems to be cooling, forcing investors to look more closely at the bottom line.
Even if Aldi isn't your supermarket of choice for weekly shopping, you may want to put it on your "nice list" when seeking holiday bargains. At this time of year, the German discount grocer stocks an assortment of rotating seasonal items, including imports from Europe, that are ideal for entertaining and gift giving. We took a spin through an Aldi in Northern Virginia to get a sense of the offerings available to holiday shoppers. We weren't disappointed with Aldi's prices on everything from sweets and snacks to toys and stocking stuffers. When feasible, we compared prices with similar items at a nearby Wegmans. Selection is more limited than at a traditional supermarket - Aldi carries a few name brands and a whole bunch of store brands - so if you see a seasonal item you like, grab it. It might not be around for long. Take a look at some of the best things we found at Aldi to buy for the holidays. SEE ALSO: 14 Best Costco Kirkland Products for the Holidays
Britain’s antitrust regulator, the CMA (Competition and Markets Authority), is referring PayPal’s (PYPL) takeover of iZettle for a thorough review, a process that could take months to complete and could throw the deal’s fate in the United Kingdom into uncertainty. The regulator said it was taking the step because PayPal had failed to demonstrate how it would address concerns related to the deal’s impact on the competition. PayPal acquired the business for $2.2 billion in a transaction that closed in September, but it decided to delay the complete absorption of iZettle to allow the United Kingdom to conclude its antitrust review of the deal.
Fed or China: Who Could Bring the Cheer This Week? The Federal Reserve’s meeting is scheduled for December 18–19. The Fed is widely expected to raise interest rates this week, making it the fourth rate hike of the year and the ninth rate hike since the Fed started to end its zero interest rate policy in 2015.
By Muvija M (Reuters) - UK shares fell sharply on Monday, as a profit warning from online fashion store ASOS reverberated across Europe and reinforced woes about slow sales during the busy holiday season, ...
Two of the top five best-selling televisions on Amazon as of Dec. 17 are models sold on Best Buy’s new storefront on Amazon, which the companies unveiled over the summer. The TVs come equipped with Amazon’s Fire smart-TV platform, which can link with the company’s Echo devices for voice-activated channel surfing and streaming. The two Fire TVs, one made by Toshiba and the other from Best Buy house brand Insignia, are also available in Best Buy stores and on its website.
Alibaba owns and operates two of the largest e-commerce platforms in China, Taobao and Tmall. This large online shopping platform has simplified the shopping experience for more than 600 million Chinese consumers and created millions of jobs all throughout China. It is our expectation that BABA will be one of the world’s premier retailers for decades to come.
As noted in the previous article, Warren Buffett’s Berkshire Hathaway (BRK-B) continued to add Apple (AAPL) in the third quarter. Buffett started buying Apple in 2016 and until about a quarter back, all looked well with Apple.
Yandex (YNDX) recently rolled out its cloud computing service across Russia, following a limited launch in September. Yandex’s service, Yandex.Cloud, is an attempt to diversify its revenue outside of advertising. In the third quarter, advertising accounted for 80% of Yandex’s total revenue, and 86.1% and 80.5% of Alphabet’s (GOOGL) and Baidu’s (BIDU). Yandex’s business diversification push has also focused on the hardware, e-commerce, and ride-hailing markets.
The cloud services market is heating up. This market grew at a rate of 45% in the last quarter on a year-over-year basis, according to Synergy Research Group. The report mentioned that Amazon (AMZN) managed to maintain its share in this market at around 34%.
distribution warehouses in Germany went on strike Monday to advocate for better work conditions and pay, according to Reuters. German trade union Verdi called the strike to demand the retailer raise pay for warehouse workers in line with collective bargaining agreements in Germany and retail industry standards. Germany is Amazon's second-largest market after the U.S.
Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, is known for his value investing. The legendary investor who made his fortune through investing is widely followed by investors. Buffett is a long-term investor and sees companies as businesses and not merely stocks.
Alphabet Inc. said Monday it will spend $1 billion on a new New York City campus. The move will allow the Mountain View, California-based tech giant and owner of Google Inc. to double its staff in N.Y.C. within a decade. The new campus, dubbed Google Hudson Square, will be based on Manhattan's West Side near the Holland Tunnel and consist of 1.7 million square feet of office space spanning three buildings. The news was confirmed by Google CFO Ruth Porat in a blog post.
shares declined Monday after analysts at Bank of American Merrill Lynch lowered their rating on the electronics retailer and slashed their price target by nearly 30%. Best Buy fell 5.8% to $52.16 on Monday. Best Buy topped analysts estimates for its third quarter earnings last month, with a bottom line of 9 cents a share and sales of $9.59 billion.
Kristen Salvatore is Vice President and Commercial Director of Twitch, the media platform that showcase the growing popularity of e-sports.
Netflix's (NFLX) new replay feature "watch that scene again" is currently being incorporated in select movies like Mowgli and Dumplin'.